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Alior Bank SAUPDATE: Alior Bank posts PLN 562.8 mln in Q3 2025, below expectations
Listed lender Alior Bank posted a PLN 562.8 million (EUR 132.9 mln) net profit in the third quarter of 2025, up from PLN 666 million (EUR 157.3 mln) in the prior year period, the bank's financial report showed.
The ROE ratio in the third quarter of 2025 reached 18.9 per cent.
The net interest margin was 5.61 percent, down 0.71 percentage points year on year.
The risk cost ratio reached 0.72 percent (-0.2 pp year on year), and NPL stood at 6.29 percent, a decrease of 0.81 percentage points over the last 12 months.
The bank reaffirmed that it expects risk costs not to exceed 0.8 percent.
"Currently, we do not identify risks that could materially negatively affect the CoR% level. Assuming no significant macroeconomic changes in the coming years, we expect the risk costs for the Alior Bank Group to remain below 0.8 percent," the bank said on Wednesday.
In the third quarter of 2025, the bank recognized PLN 41 million (EUR 8.8 million) of legal risk costs related to foreign currency mortgage loans. Alior said the additional reserve is linked to an increasing number of disputed cases and model assumption changes, particularly assumptions regarding the target level of disputed cases. The bank also set aside an additional PLN 19 million (EUR 4.1 million) reserve related to disputes arising from the so-called Free Credit Sanctions.
In the third quarter of 2025, sales of mortgage loans were nearly PLN 1.3 billion (EUR 278 million), an increase of 111 percent year on year. The real estate loan portfolio reached PLN 22.3 billion (EUR 4.8 billion), accounting for 32.2 percent of the bank’s gross portfolio.
Gross loans to business clients remained stable year-on-year at PLN 17.4 billion (EUR 3.7 billion).
The gross loan portfolio in the small and medium segments was PLN 5.6 billion (EUR 1.2 billion) at the end of the third quarter of 2025, increasing 8 percent year on year. Loan sales in the third quarter amounted to PLN 2.5 billion (EUR 538 million), up 34 percent year on year.
Alior Leasing sales in the third quarter of 2025 amounted to PLN 852 million (EUR 183 million), 21 percent higher than the previous year.
The consolidated MREL TREA ratio for Alior Bank Group at the end of September 2025 was 20.75 percent, 189 basis points above the requirement.
The Tier 1 and TCR ratios stand at 17.65 percent. The surplus over the regulatory minimum for TCR is 6.15 percentage points (EUR 713 million).
BELOW ARE THE ALIOR BANK'Q3 2025 RESULTS VS THE PAP BIZNES CONSENSUS (data in PLN mln):
| PLN mln | 3Q2025 | consensus | difference | ||
| PAP | |||||
| Net interest | 1 296.1 | 1 280.6 | 1.2% | ||
| Net f&c | 233.9 | 221.1 | 5.8% | ||
| OPEX - total | 564.8 | 546.6 | 3.3% | ||
| Impairments | -123.8 | -119.3 | 3.8% | ||
| Attrib. net profit | 562.8 | 578.0 | -2.6% | ||
| 3Q2025 | 3Q2024 | difference | 2Q2025 | difference | |
| PLN mln | y/y | q/q | |||
| Net interest | 1 296 | 1 358 | -5% | 1 289 | 1% |
| Net f&c | 234 | 213 | 10% | 222 | 5% |
| OPEX - total | 565 | 473 | 19% | 550 | 3% |
| Impairments | -124 | -155 | -20% | -35 | 259% |
| Attrib. net profit | 563 | 666 | -15% | 640 | -12% |
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