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Polish (WIG) Banks Industry Analysis
UpdatedAug 10, 2025
DataAggregated Company Financials
Companies11
- 7D7.1%
- 3M10.8%
- 1Y43.7%
- YTD43.2%
In the last week, the Banks industry is up 7.1%, with Bank Polska Kasa Opieki up 11%. In the last 12 months, the industry was up 44%. Earnings are forecast to grow by 4.1% annually.
Industry Valuation and Performance
Has the Polish Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 10 Aug 2025 | zł372.5b | zł108.8b | zł37.5b | 10.1x | 9.9x | 3.4x |
| Tue, 08 Jul 2025 | zł334.7b | zł106.4b | zł36.1b | 9.7x | 9.3x | 3.1x |
| Thu, 05 Jun 2025 | zł320.5b | zł106.4b | zł36.1b | 9.2x | 8.9x | 3x |
| Sat, 03 May 2025 | zł346.8b | zł105.3b | zł35.6b | 10x | 9.7x | 3.3x |
| Mon, 31 Mar 2025 | zł345.7b | zł104.7b | zł34.9b | 9.7x | 9.9x | 3.3x |
| Wed, 26 Feb 2025 | zł309.2b | zł97.5b | zł32.2b | 9.9x | 9.6x | 3.2x |
| Fri, 24 Jan 2025 | zł284.1b | zł96.8b | zł31.1b | 9.3x | 9.1x | 2.9x |
| Sun, 22 Dec 2024 | zł260.5b | zł96.8b | zł31.1b | 8.3x | 8.4x | 2.7x |
| Tue, 19 Nov 2024 | zł256.5b | zł97.1b | zł31.2b | 8.7x | 8.2x | 2.6x |
| Thu, 17 Oct 2024 | zł273.9b | zł94.7b | zł30.1b | 9.3x | 9.1x | 2.9x |
| Sat, 14 Sep 2024 | zł270.8b | zł94.7b | zł30.1b | 9.1x | 9x | 2.9x |
| Mon, 12 Aug 2024 | zł259.3b | zł94.1b | zł28.4b | 10.1x | 9.1x | 2.8x |
| Wed, 10 Jul 2024 | zł298.4b | zł94.1b | zł28.6b | 10.9x | 10.4x | 3.2x |
| Fri, 07 Jun 2024 | zł280.6b | zł94.1b | zł28.6b | 9.8x | 9.8x | 3x |
| Sun, 05 May 2024 | zł302.5b | zł92.5b | zł28.0b | 11x | 10.8x | 3.3x |
| Tue, 02 Apr 2024 | zł313.0b | zł91.5b | zł27.3b | 12x | 11.4x | 3.4x |
| Thu, 29 Feb 2024 | zł291.7b | zł93.6b | zł28.9b | 9.7x | 10.1x | 3.1x |
| Sat, 27 Jan 2024 | zł248.8b | zł90.8b | zł28.3b | 9.1x | 8.8x | 2.7x |
| Mon, 25 Dec 2023 | zł257.2b | zł90.8b | zł28.3b | 9.2x | 9.1x | 2.8x |
| Wed, 22 Nov 2023 | zł245.5b | zł90.8b | zł28.3b | 8.7x | 8.7x | 2.7x |
| Fri, 20 Oct 2023 | zł209.3b | zł71.7b | zł13.3b | 10.8x | 15.7x | 2.9x |
| Sun, 17 Sep 2023 | zł183.7b | zł71.7b | zł13.3b | 10.3x | 13.8x | 2.6x |
| Tue, 15 Aug 2023 | zł197.7b | zł69.7b | zł13.0b | 11.1x | 15.2x | 2.8x |
| Thu, 13 Jul 2023 | zł199.1b | zł67.9b | zł11.6b | 14.3x | 17.2x | 2.9x |
| Sat, 10 Jun 2023 | zł184.4b | zł67.9b | zł11.6b | 12.8x | 15.9x | 2.7x |
| Mon, 08 May 2023 | zł163.5b | zł66.8b | zł10.6b | 11.4x | 15.4x | 2.4x |
| Wed, 05 Apr 2023 | zł155.4b | zł64.4b | zł10.5b | 10.9x | 14.9x | 2.4x |
| Fri, 03 Mar 2023 | zł154.6b | zł64.0b | zł9.4b | 11.2x | 16.5x | 2.4x |
| Sun, 29 Jan 2023 | zł158.6b | zł62.5b | zł4.9b | 13x | 32.4x | 2.5x |
| Tue, 27 Dec 2022 | zł149.6b | zł62.5b | zł4.9b | 12.6x | 30.6x | 2.4x |
| Thu, 24 Nov 2022 | zł146.8b | zł62.5b | zł4.9b | 12.3x | 30x | 2.3x |
| Sat, 22 Oct 2022 | zł124.7b | zł66.3b | zł12.3b | 7x | 10.1x | 1.9x |
| Mon, 19 Sep 2022 | zł122.3b | zł66.3b | zł12.3b | 6.9x | 10x | 1.8x |
| Wed, 17 Aug 2022 | zł135.3b | zł64.6b | zł11.6b | 8x | 11.7x | 2.1x |
Price to Earnings Ratio
11.7x
Current Industry PE
- Investors are pessimistic on the Polish Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 9.9x which is lower than its 3-year average PE of 12.8x.
- The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 48% per year over the last three years.
- Revenues for these companies have grown 19% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Polish Financials industry?
| PL Market | 4.00% | |
| Financials | 6.84% | |
| Banks | 7.12% | |
| Diversified Banks | 7.12% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 12.8x.
- Analysts are expecting annual earnings growth of 4.1%, which is lower than the prior year's growth of 10.1% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 12.8x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 4.1% over the next 5 years.
- However this is lower than its past earnings growth rate of 10% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 4.1% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PEO Bank Polska Kasa Opieki | zł222.10 | 11.3% +zł5.9b | 53.2% | PB1.9x | |
| SPL Santander Bank Polska | zł567.60 | 8.3% +zł4.4b | 17.6% | PB1.9x | |
| MBK mBank | zł961.60 | 11.0% +zł4.1b | 71.5% | PB2.3x | |
| PKO Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna | zł83.52 | 2.9% +zł3.0b | 60.9% | PB1.9x | |
| ALR Alior Bank | zł115.60 | 16.7% +zł2.2b | 30.2% | PB1.3x |