Profil:
mBank SAmBank lender posts PLN 705.7 mln attrib. net profit in Q1, 13.5 pct above consensus
mBank, the Warsaw-listed unit of Germany's Commerzbank, posted PLN 705.7 million (EUR 165.3 mln) in attributable net profit in the first quarter of 2025, above consensus expectations for a PLN 621.8 million (EUR 145.6 mln) net take, the bank's financial report showed.
1Q2025 | consensus | vs consensus | |||
PLN mln | PAP mln | % | |||
Net interest | 2 438,70 | 2 460,20 | -0,90% | ||
Net f&c | 503,1 | 512,9 | -1,90% | ||
OPEX - total | 1 026,40 | 1 055,60 | -2,80% | ||
Impairments | -165,2 | -181,5 | -9,00% | ||
attrib Net Profit | 705,7 | 621,8 | 13,50% | ||
1Q2025 | 1Q2024 | y/y | 4Q2024 | q/q | |
% | % | ||||
Net interest | 2439 | 2 340 | 4,20% | 2513 | -3,00% |
Net f&c | 503 | 484 | 3,90% | 497 | 1,20% |
OPEX - total | 1026 | 889 | 15,50% | 905 | 13,40% |
Impairments | -165 | -48 | 243,80% | -175 | -5,60% |
attrib Net Profit | 706 | 263 | 168,80% | 986 | -28,40% |
seb/ han/