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Bank Handlowy - Quarterly Profitability

Net Profit (PLN mil) & ROE (%)
Banking | Poland | November 20, 2023
$2.99
Excel Sheet

Bank Handlowy made a net profit of PLN 592 mil in the third quarter of 2023, up 108% when compared to the same period of last year. This implies a return on equity of 27.2%.

Historically, the bank’s net profit reached an all time high of PLN 612 mil in 2Q2023 and an all time low of PLN -57.9 mil in 4Q2020. The average profit in the last six quarters amounted to PLN 512 mil.

The bank generated its shareholders an average return on equity of 12.7% in the last five years with maximum at 28.8% and minimum at -3.06%.

When compared to bank's main peers, PKO BP generated a net profit of PLN 2,780 mil with ROE of 25.7% in 3Q2023, Pekao netted PLN 1,716 mil(ROE of 25.3%) and ING Bank Slaski announced a net profit of PLN 1,162 mil implying ROE of 33.0%.

You can see all the bank’s data at Bank Handlowy profile, or you can download a report on the bank in the report section.