Poland's largest lender PKO BP posts 15% rise in third-quarter net profit (updated)

Powszechna Kasa Oszczednosci Bank Polski SA

06/11/2025 06:34

Adds details on net fee and commission income in paragraph 3; sales of cash loans and market share in 4-5

Nov 6 (Reuters) - Poland's biggest bank PKO BP PKO.WA reported a 15% year-on-year rise in its third-quarter profit on Thursday, supported by higher net interest income.

The largest Polish bank by total assets posted a net profit of 2.84 billion zlotys ($780.97 million) for the quarter, above market expectations of 2.73 billion zlotys, according to consensus data it had compiled.

Its quarterly net interest income grew nearly 6% to 6.06 billion zlotys. Net fee an commission income came in at 1.35 billion zlotys, up nearly 4%.

Sales of cash loans were 53% higher compared to the same period of the previous year.

PKO's market share in mortgage loans grew to 26.37% from 25.74% year ago, while in consumer loans rose to 20.62% from 19.19%, it said.

($1 = 3.6365 zlotys)

 (Reporting by Adrianna Ebert in Gdansk; editing by Anna Pruchnicka)

 ((Adrianna.Ebert@thomsonreuters.com; +48 58 769 65 88;))