Income Statement Bank Pekao, S.A.

Stocks

PEO

PLPEKAO00016

Banks

Market Closed - Warsaw S.E. Other stock markets 11:04:37 2026-06-11 am EDT			5-day change	1st Jan Change
235.50 ^PLN	0.00%		+2.04%	+14.82%

Jun. 08	Bank Polska Kasa Opieki S.A. - Shareholder/Analyst Call
Jun. 08	Patria Finance Downgrades Bank Pekao, Raises PT	MT

e356e3bb.hzVsISGXzYhZS7nL0o8MvXJyFYemmAWTLTBjjAbHDcc.s00-YEX4q8kcPMqos8VUjDU1J_7QyXf1THUa5lCgUvXdBVpFcd2A-w0B0g

Published financial data: BANK PEKAO, S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest Income On Loans	5.11B	10.81B	16.26B	17.92B	19.22B
Interest Income On Investments	788M	337M	1.86B	922M	34M
Interest Income, Total	5.9B	11.14B	18.12B	18.84B	19.25B
Interest On Deposits	210M	2.87B	6.16B	6.08B	5.52B
Interest Expense, Total	210M	2.87B	6.16B	6.08B	5.52B
Net Interest Income	5.69B	8.27B	11.95B	12.76B	13.73B
Income From Trading Activities	-	-	-	-	-
Gain (Loss) on Sale of Loans	-	-	-	-	-
Gain (Loss) on Sale of Assets	32.29M	51.97M	17M	127M	156M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	160M	184M	507M	444M	448M
Total Other Non Interest Income	2.78B	2.89B	2.89B	2.94B	3.25B
Non Interest Income, Total	2.97B	3.13B	3.41B	3.51B	3.85B
Revenues Before Provison For Loan Losses	8.66B	11.4B	15.36B	16.27B	17.58B
Provision For Loan Losses	778M	2.02B	559M	1.55B	1.42B
Total Revenues	7.88B	9.39B	14.8B	14.72B	16.15B
Salaries And Other Employee Benefits	2.02B	21.14M	35M	61M	30M
Occupancy Expense	648M	-	-	-	-
Selling General & Admin Expenses, Total	1.24B	4.98B	4.79B	5.42B	5.88B
(Income) Loss on Equity Invest.	-4.93M	-5.02M	-6M	-7M	5M
Total Other Non Interest Expense	772M	932M	971M	991M	958M
Non Interest Expense, Total	4.68B	5.93B	5.79B	6.47B	6.88B
EBT, Excl. Unusual Items	3.2B	3.46B	9.02B	8.25B	9.28B
Restructuring Charges	-120M	-	-	-	-
Total Merger & Related Restructuring Charges	-	-	-	-	-
Asset Writedown	-	-	-	-	-
Legal Settlements	-62.01M	-527M	-517M	-104M	-266M
Other Unusual Items	-18.3M	-47.95M	-22M	-25M	-50M
EBT, Incl. Unusual Items	3B	2.88B	8.48B	8.12B	8.96B
Income Tax Expense	825M	1.16B	1.9B	1.74B	1.94B
Earnings From Continuing Operations	2.18B	1.72B	6.58B	6.38B	7.02B
Net Income to Company	2.18B	1.72B	6.58B	6.38B	7.02B
Minority Interest	-1.66M	-1.92M	-2M	-3M	-4M
Net Income - (IS)	2.17B	1.72B	6.58B	6.38B	7.02B
Net Income to Common Incl Extra Items	2.17B	1.72B	6.58B	6.38B	7.02B
Net Income to Common Excl. Extra Items	2.17B	1.72B	6.58B	6.38B	7.02B
Per Share Items
Net EPS - Basic	8.29	6.54	25.06	24.29	26.73
Basic EPS - Continuing Operations	8.29	6.54	25.06	24.29	26.73
Basic Weighted Average Shares Outstanding	262M	262M	262M	262M	262M
Net EPS - Diluted	8.29	6.54	25.06	24.29	26.73
Diluted EPS - Continuing Operations	8.29	6.54	25.06	24.29	26.73
Diluted Weighted Average Shares Outstanding	262M	262M	262M	262M	262M
Normalized Basic EPS	7.62	8.22	21.47	19.64	22.08
Normalized Diluted EPS	7.62	8.22	21.47	19.64	22.08
Dividend Per Share	4.3	5.42	19.2	12.6	19.77
Payout Ratio	38.74	65.71	21.62	79.03	68.7
American Depositary Receipts Ratio (ADR)	0.25	0.25	0.25	0.25	0.25
Supplemental Items
Effective Tax Rate - (Ratio)	27.49	40.35	22.41	21.47	21.67
Total Current Taxes	532M	701M	2.01B	2.02B	2.33B
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	293M	462M	-106M	-278M	-391M
Normalized Net Income	2B	2.16B	5.63B	5.15B	5.79B
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Stock-Based Comp., G&A Exp. (Total)	-	21.14M	35M	61M	30M
Stock-Based Comp., SG&A Exp. (Total)	13.56M	-	-	-	-
Total Stock-Based Compensation	13.56M	21.14M	35M	61M	30M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	6.74B	9.77B	14.72B	14.27B	12.02B
Investment Securities, Total	67.83B	80.82B	110B	134B	137B
Trading Asset Securities, Total	8.51B	16.25B	11.58B	5.74B	8.69B
Total investments	76.34B	97.07B	122B	140B	146B
Gross Loans	167B	169B	171B	178B	192B
Allowance For Loan Losses	-7.81B	-10.04B	-9.68B	-5.9B	-6.36B
Other Adjustments to Gross Loans	-637M	-1.35B	-1.4B	-1.48B	-1.34B
Net Loans	159B	158B	160B	171B	185B
Gross Property Plant And Equipment	5.1B	4.97B	5.29B	5.4B	5.43B
Accumulated Depreciation	-3.27B	-3.4B	-3.34B	-3.38B	-3.21B
Net Property Plant And Equipment	1.83B	1.57B	1.95B	2.02B	2.22B
Goodwill	749M	749M	749M	749M	749M
Other Intangibles, Total	1.54B	1.49B	1.45B	1.34B	1.33B
Investment in Real Estate	-	-	-	-	-
Accrued Interest Receivable	178M	178M	248M	323M	430M
Other Receivables	476M	822M	546M	708M	520M
Restricted Cash	997M	7.93B	-	-	-
Other Current Assets, Total	113M	173M	188M	369M	1.1B
Deferred Tax Assets Long-Term (Collected)	1.65B	1.58B	1.12B	1.34B	1.43B
Other Real Estate Owned And Foreclosed	-	-	-	-	-
Deferred Charges Long-Term	10.62M	13.27M	201M	660M	734M
Other Long-Term Assets, Total	1.4B	1.99B	3.14B	2.28B	1.21B
Total Assets	251B	281B	306B	334B	352B
Liabilities
Accrued Expenses, Total	805M	592M	784M	967M	867M
Interest Bearing Deposits	15.22B	54.04B	62.73B	73.12B	66.11B
Non-Interest Bearing Deposits	182B	159B	172B	188B	204B
Total Deposits	198B	213B	234B	261B	270B
Short-Term Borrowings	11.04B	19.63B	12.37B	6.68B	6.89B
Current Portion of Leases	-	-	72M	87M	171M
Long-Term Debt	12.69B	18.28B	18B	24.33B	29.9B
Long-Term Leases	358M	273M	507M	620M	611M
Current Income Taxes Payable	4.97M	4M	1.49B	1.36B	440M
Other Current Liabilities - (Bank / Utility Template)	1.04B	1.52B	1.2B	2.6B	1.99B
Unearned Revenue Non Current	207M	262M	291M	340M	408M
Pension & Other Post Retirement Benefits	-	237M	269M	264M	275M
Deferred Tax Liability Non-Current	24.9M	22.82M	21M	18M	21M
Other Non Current Liabilities	2.93B	5B	5.96B	4.41B	5.08B
Total Liabilities	227B	258B	275B	302B	317B
Common Stock, Total	262M	262M	262M	262M	262M
Additional Paid In Capital	9.46B	9.45B	9.45B	9.45B	9.45B
Retained Earnings	15.7B	16.31B	21.47B	22.89B	25.08B
Comprehensive Income and Other	-1.57B	-3.25B	-849M	-700M	548M
Total Common Equity	23.85B	22.76B	30.33B	31.9B	35.35B
Minority Interest	11.86M	12.13M	12M	13M	14M
Total Equity	23.86B	22.78B	30.34B	31.91B	35.36B
Total Liabilities And Equity	251B	281B	306B	334B	352B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	262M	262M	262M	262M	262M
ECS Total Common Shares Outstanding	262M	262M	262M	262M	262M
Book Value / Share	90.87	86.73	115.55	121.54	134.67
Tangible Book Value	21.56B	20.52B	28.13B	29.81B	33.27B
Tangible Book Value Per Share	82.15	78.19	107.19	113.56	126.74
Total Debt	24.09B	38.18B	30.96B	31.72B	37.58B
Deposits at Interest - Cash	3.04B	5.44B	2.26B	2.23B	1.03B
Debt Equivalent of Unfunded Proj. Benefit Obligation	240M	244M	293M	314M	319M
Net Debt	7.88B	10.83B	2.87B	7.02B	12.06B
Equity Method Investments, Total	44.04M	48.48M	53M	59M	152M
Full Time Employees	14.7K	-	-	15.21K	-
Number Of Offices	650	-	-	573	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	2.17B	1.72B	6.58B	6.38B	7.02B
Depreciation, Depletion & Amortization	321M	319M	324M	342M	339M
Amortization of Goodwill and Intangible Assets - (CF)	325M	296M	292M	279M	272M
Total Depreciation, Depletion & Amortization	646M	614M	616M	621M	611M
Amortization of Deferred Charges, Total	1.88M	1.99M	18M	81M	128M
(Gain) Loss On Sale of Asset - (CF)	-68.96M	-78.74M	-53M	-171M	-263M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Total Asset Writedown	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-1.84M	-5.02M	-6M	-7M	5M
Change in Trading Asset Securities	-3.11B	-7.16B	5.77B	5.1B	-780M
Change in Other Net Operating Assets (Collected)	-2.02B	7.96B	-9.88B	-14.23B	-5.85B
Other Operating Activities	-220M	92.53M	1.55B	358M	-1.55B
Cash from Operations	-2.6B	3.14B	4.59B	-1.87B	-682M
Capital Expenditure	-745M	-515M	-1.05B	-454M	-576M
Sale of Property, Plant, and Equipment	127M	110M	19M	179M	252M
Cash Acquisitions	-	-	-	-	-
Divestitures	18.58M	-	-	-	-
Purchase / Sale of Intangible Assets	-	-	-	-401M	-360M
Investment in Marketable and Equity Securities, Total	2.46B	-12.78B	-29.7B	-25.84B	-11.85B
Other Investing Activities, Total	1.48B	27.87M	30M	30M	34M
Cash from Investing	3.34B	-13.16B	-30.7B	-26.49B	-12.5B
Long-Term Debt Issued, Total	3.12B	10.65B	5.79B	31.13B	40.05B
Total Debt Issued	3.12B	10.65B	5.79B	31.13B	40.05B
Long-Term Debt Repaid, Total	-5.74B	-4.89B	-4.67B	-24.71B	-34.25B
Total Debt Repaid	-5.74B	-4.89B	-4.67B	-24.71B	-34.25B
Common Dividends Paid	-843M	-1.13B	-1.42B	-5.04B	-4.82B
Common & Preferred Stock Dividends Paid	-843M	-1.13B	-1.42B	-5.04B	-4.82B
Net Increase (Decrease) in Deposit Accounts - (CF)	3.45B	15.34B	23.43B	26.53B	9.95B
Other Financing Activities, Total	-	-	-	-	-3M
Cash from Financing	-15.34M	19.98B	23.13B	27.92B	10.93B
Net Change in Cash	730M	9.96B	-2.98B	-446M	-2.25B
Supplemental Items
Cash Interest Paid	264M	2.44B	6B	6.15B	5.82B
Cash Income Tax Paid (Refund)	794M	759M	248M	2.16B	3.25B
Net Debt Issued / Repaid	-2.62B	5.77B	1.12B	6.42B	5.8B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.9	0.65	2.24	1.99	2.04
Return On Equity %	8.82	7.37	24.78	20.46	20.87
Return on Common Equity	8.82	7.37	24.78	20.46	20.86
Shareholders Value Added	-385M	-784M	3.68B	2.92B	3.25B
Margin Analysis
SG&A Margin	49.62	53.29	32.56	37.25	36.61
Net Interest Income / Total Revenues %	72.2	88.13	80.74	86.68	84.98
EBT Excl. Non-Recurring Items Margin %	40.65	36.83	60.92	56.06	57.43
Income From Continuing Operations Margin %	27.63	18.32	44.44	43.34	43.45
Net Income Margin %	27.61	18.3	44.43	43.32	43.43
Net Avail. For Common Margin %	27.61	18.3	44.43	43.32	43.43
Normalized Net Income Margin	25.38	23	38.06	35.02	35.87
Asset quality
Nonperforming Loans / Total Loans %	4.98	5.91	5.79	4.22	4.2
Nonperforming Loans / Total Assets %	3.32	3.56	3.24	2.24	2.29
Nonperforming Assets / Total Assets %	3.32	3.56	3.24	2.24	2.29
NPAs / Loans and OREO	4.98	5.91	5.79	4.22	4.2
NPAs / Equity	34.87	43.89	32.63	23.49	22.84
Allowance for Credit Losses / Net Charge-offs %	-	-	-	-	-
Allowance for Credit Losses / Nonperforming Loans %	93.91	100.48	97.79	78.66	78.7
Allowance for Credit Losses / Total Loans %	4.68	5.94	5.66	3.32	3.31
Provision for Loan Losses / Net Charge-offs %	-	-	-	-	-
Capital And Funding
Total Average Common Equity / Total Average Assets %	10.2	8.77	9.05	9.74	9.8
Total Average Equity / Total Average Assets %	10.2	8.77	9.05	9.74	9.8
Total Equity + Allowance for Loan Losses / Total Loans %	18.96	19.39	23.41	21.25	21.69
Gross Loans / Total Deposits %	84.51	79.6	72.9	68.24	71.15
Net Loans / Total Deposits %	80.24	74.24	68.17	65.42	68.3
Tier 1 Capital Ratio %	15.1	15.6	15.2	14.9	-
Total Capital Ratio %	16.9	17.4	16.8	16.1	-
Core Tier 1 Capital Ratio	15.1	15.6	15.2	14.9	-
Tier 2 Capital Ratio	1.83	1.83	1.58	1.23	-
Coverage Ratio	93.91	100.48	97.79	78.66	78.7
Interbank Ratio	20.07	24.98	7.34	52.57	65.72
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	15.32	2	2.38	2.34	2.62
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	8.78	45.44	44.52	7.01	7.59
Non Interest Income, 1 Yr. Growth %	9.03	5.47	12.46	2.96	9.62
Provision For Loan Losses, 1 Yr. Growth %	-50.7	159.05	-72.27	64.93	-8.25
Total Revenues, 1 Yr. Growth %	23.62	19.15	59.4	2.26	9.74
Earnings From Cont. Operations, 1 Yr. Growth %	97.35	-21	282.78	-4.23	10.03
Net Income, 1 Yr. Growth %	97.41	-21.03	283.11	-4.25	10.02
Normalized Net Income, 1 Yr. Growth %	74.78	12.17	161.04	-4.14	12.41
Diluted EPS Before Extra, 1 Yr. Growth %	97.41	-21.07	283.18	-4.26	10.03
Dividend Per Share, 1 Yr. Growth %	33.96	26.05	254.24	-34.38	56.9
Gross Loans, 1 Yr. Growth %	11.42	1.32	1.16	6.16	8.08
Allowance For Loan Losses, 1 Yr. Growth %	7.96	28.55	-3.63	-6.08	7.77
Net Loans, 1 Yr. Growth %	11.47	-0.47	1.44	6.64	8.24
Non Performing Loans, 1 Yr. Growth %	-2.43	20.14	-0.98	0.9	7.71
Non Performing Assets, 1 Yr. Growth %	-2.43	20.14	-0.98	0.9	7.71
Total Assets, 1 Yr. Growth %	7.44	12.2	8.74	9.3	5.38
Total Deposits, 1 Yr Growth %	9.5	7.56	10.06	11.19	3.67
Tangible Book Value, 1 Yr. Growth %	-8.19	-4.82	37.09	5.62	11.6
Common Equity, 1 Yr. Growth %	-6.4	-4.56	33.24	4.88	10.81
Total Equity, 1 Yr. Growth %	-6.4	-4.56	33.22	4.88	10.8
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	1.78	25.78	44.97	24.2	7.3
Non Interest Income, 2 Yr. CAGR %	1.77	7.23	7.2	7.61	6.25
Provision For Loan Losses, 2 Yr. CAGR %	5.74	13.01	-15.25	-12.26	23.02
Total Revenues, 2 Yr. CAGR %	1.41	21.37	37.09	25.89	5.94
Earnings From Cont. Operations, 2 Yr. CAGR %	0.23	24.86	73.87	92.64	2.65
Net Income, 2 Yr. CAGR %	0.23	24.86	73.91	92.7	2.64
Normalized Net Income, 2 Yr. CAGR %	0.63	37.37	71.11	54.53	3.8
Diluted EPS Before Extra, 2 Yr. CAGR %	0.23	24.82	73.9	92.72	2.64
Dividend Per Share, 2 Yr. CAGR %	-	29.94	111.31	52.47	1.47
Gross Loans, 2 Yr. CAGR %	6.46	6.25	1.16	2.62	7.12
Allowance For Loan Losses, 2 Yr. CAGR %	9.89	17.8	11.3	-23.37	0.6
Net Loans, 2 Yr. CAGR %	6.26	5.33	0.39	4.04	7.44
Non Performing Loans, 2 Yr. CAGR %	1.13	8.27	9.07	-13.4	4.25
Non Performing Assets, 2 Yr. CAGR %	1.13	8.27	9.07	-13.4	4.25
Total Assets, 2 Yr. CAGR %	11.01	9.79	10.46	9.04	7.33
Total Deposits, 2 Yr CAGR %	11.81	8.52	8.92	10.63	7.37
Tangible Book Value, 2 Yr. CAGR %	-0.49	-6.52	14.23	20.51	8.57
Common Equity, 2 Yr. CAGR %	0.99	-5.49	12.76	18.38	7.8
Total Equity, 2 Yr. CAGR %	0.99	-5.48	12.76	18.38	7.8
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	4.29	14.64	31.74	30.91	18.4
Non Interest Income, 3 Yr. CAGR %	1.56	2.99	7.81	5.77	8.28
Provision For Loan Losses, 3 Yr. CAGR %	15.05	42.54	-29.25	25.87	-10.94
Total Revenues, 3 Yr. CAGR %	2.4	7.01	32.45	23.17	20.26
Earnings From Cont. Operations, 3 Yr. CAGR %	-1.65	-7.42	81.37	43.11	59.83
Net Income, 3 Yr. CAGR %	-1.66	-7.43	81.42	43.12	59.86
Normalized Net Income, 3 Yr. CAGR %	1.46	3.02	70.14	38.87	38.98
Diluted EPS Before Extra, 3 Yr. CAGR %	-1.65	-7.45	81.41	43.12	59.88
Dividend Per Share, 3 Yr. CAGR %	-13.31	-	81.52	43.1	53.93
Gross Loans, 3 Yr. CAGR %	7.09	4.72	4.47	2.13	4.41
Allowance For Loan Losses, 3 Yr. CAGR %	7.84	15.79	10.17	-8.95	-14.15
Net Loans, 3 Yr. CAGR %	7.02	3.97	3.96	2.45	5.42
Non Performing Loans, 3 Yr. CAGR %	2.4	7.1	5.09	-3.41	-6.87
Non Performing Assets, 3 Yr. CAGR %	2.4	7.1	5.09	-3.41	-6.87
Total Assets, 3 Yr. CAGR %	9.45	11.41	9.44	10.08	7.8
Total Deposits, 3 Yr CAGR %	9.53	10.38	9.11	9.67	8.26
Tangible Book Value, 3 Yr. CAGR %	0.51	-1.95	6.2	11.4	17.47
Common Equity, 3 Yr. CAGR %	1.52	-0.9	5.97	10.18	15.8
Total Equity, 3 Yr. CAGR %	1.52	-0.9	5.97	10.18	15.8
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	5.27	12.39	18.98	18.37	21.3
Non Interest Income, 5 Yr. CAGR %	0.55	3.88	3.78	4.15	7.18
Provision For Loan Losses, 5 Yr. CAGR %	14.16	31.06	1.81	17.4	-2.04
Total Revenues, 5 Yr. CAGR %	2.73	7.04	15.08	13.95	20.45
Earnings From Cont. Operations, 5 Yr. CAGR %	-0.92	-7.03	23.53	24.11	44.79
Net Income, 5 Yr. CAGR %	-0.93	-7.05	23.53	24.11	44.81
Normalized Net Income, 5 Yr. CAGR %	1.89	1.83	24.1	21.15	38.33
Diluted EPS Before Extra, 5 Yr. CAGR %	-0.92	-7.06	23.54	24.11	44.81
Dividend Per Share, 5 Yr. CAGR %	-13.11	-7.26	23.81	-	43.85
Gross Loans, 5 Yr. CAGR %	5.27	4.06	4.68	3.84	5.11
Allowance For Loan Losses, 5 Yr. CAGR %	6.41	12.6	9.21	-1.84	-2.57
Net Loans, 5 Yr. CAGR %	5.19	3.51	4.32	3.96	5.35
Non Performing Loans, 5 Yr. CAGR %	1.13	-	5.02	-1.62	-1.08
Non Performing Assets, 5 Yr. CAGR %	1.13	-	5.02	-1.62	-1.08
Total Assets, 5 Yr. CAGR %	7.54	8.68	9.85	10.45	8.6
Total Deposits, 5 Yr CAGR %	7.54	7.68	9.28	10.52	8.41
Tangible Book Value, 5 Yr. CAGR %	-0.66	-1.14	5.79	6.48	7.21
Common Equity, 5 Yr. CAGR %	0.82	-0.44	5.88	6.41	6.76
Total Equity, 5 Yr. CAGR %	0.82	-0.43	5.87	6.4	6.76