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Polish (WIG) Diversified Banks Industry Analysis

UpdatedDec 26, 2025
DataAggregated Company Financials
Companies11
  • 7D0.2%
  • 3M15.3%
  • 1Y43.6%
  • YTDn/a

Last week, the Diversified Banks industry hasn't moved much but Bank Handlowy w Warszawie is up 3.5% in that time. As for the the longer term, the industry is up 44% over the past 12 months. As for the next few years, earnings are expected to grow by 3.7% per annum.

Industry Valuation and Performance

Has the Polish Diversified Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Dec 2025zł373.4bzł111.3bzł38.8b9.7x9.6x3.4x
Sun, 23 Nov 2025zł342.9bzł111.3bzł38.8b8.9x8.8x3.1x
Tue, 21 Oct 2025zł336.8bzł110.2bzł38.1b8.8x8.8x3.1x
Thu, 18 Sep 2025zł323.8bzł110.2bzł38.1b8.7x8.5x2.9x
Sat, 16 Aug 2025zł368.2bzł110.1bzł38.0b9.7x9.7x3.3x
Mon, 14 Jul 2025zł330.9bzł106.4bzł36.1b9.6x9.2x3.1x
Wed, 11 Jun 2025zł320.4bzł106.4bzł36.1b9.1x8.9x3x
Fri, 09 May 2025zł329.0bzł105.2bzł35.5b10x9.3x3.1x
Sun, 06 Apr 2025zł297.7bzł104.7bzł34.9b8.6x8.5x2.8x
Tue, 04 Mar 2025zł313.7bzł97.8bzł32.2b9.9x9.7x3.2x
Thu, 30 Jan 2025zł289.0bzł96.8bzł31.1b8.9x9.3x3x
Sat, 28 Dec 2024zł260.0bzł96.8bzł31.1b8.4x8.3x2.7x
Mon, 25 Nov 2024zł252.4bzł97.1bzł31.2b8.5x8.1x2.6x
Wed, 23 Oct 2024zł259.9bzł94.7bzł30.1b8.8x8.6x2.7x
Fri, 20 Sep 2024zł273.2bzł94.7bzł30.1b9.1x9.1x2.9x
Sun, 18 Aug 2024zł282.5bzł94.0bzł28.5b10.9x9.9x3x
Tue, 16 Jul 2024zł300.8bzł94.1bzł28.6b11.2x10.5x3.2x
Thu, 13 Jun 2024zł272.8bzł94.1bzł28.6b9.7x9.5x2.9x
Sat, 11 May 2024zł290.7bzł93.6bzł28.5b10.7x10.2x3.1x
Mon, 08 Apr 2024zł318.3bzł91.5bzł27.3b12.2x11.6x3.5x
Wed, 06 Mar 2024zł291.3bzł93.9bzł28.5b11x10.2x3.1x
Fri, 02 Feb 2024zł262.2bzł91.7bzł28.9b9.1x9.1x2.9x
Sun, 31 Dec 2023zł256.0bzł90.8bzł28.3b9.1x9.1x2.8x
Tue, 28 Nov 2023zł241.3bzł90.8bzł28.3b8.5x8.5x2.7x
Thu, 26 Oct 2023zł218.0bzł71.7bzł13.3b10.9x16.4x3x
Sat, 23 Sep 2023zł179.5bzł71.7bzł13.3b10.1x13.5x2.5x
Mon, 21 Aug 2023zł190.2bzł69.7bzł13.0b10.7x14.6x2.7x
Wed, 19 Jul 2023zł206.1bzł67.9bzł11.6b14.4x17.8x3x
Fri, 16 Jun 2023zł185.9bzł67.9bzł11.6b12.5x16.1x2.7x
Sun, 14 May 2023zł165.2bzł67.4bzł11.0b11.5x15.1x2.5x
Tue, 11 Apr 2023zł153.6bzł64.4bzł10.5b10.8x14.7x2.4x
Thu, 09 Mar 2023zł159.8bzł65.0bzł10.4b11.3x15.4x2.5x
Sat, 04 Feb 2023zł161.7bzł62.5bzł4.9b13.1x33.1x2.6x
Mon, 02 Jan 2023zł150.0bzł62.5bzł4.9b12.5x30.7x2.4x
Price to Earnings Ratio

30.7x


Total Market Cap: zł150.0bTotal Earnings: zł4.9bTotal Revenue: zł62.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Polish Diversified Banks Industry Price to Earnings3Y Average 11.8x20242025
Current Industry PE
  • Investors are pessimistic on the Polish Diversified 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 9.6x which is lower than its 3-year average PE of 11.8x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 100% per year over the last three years.
  • Revenues for these companies have grown 21% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Polish Diversified Banks compare with similar industries?

PL Market0.61%
Financials0.08%
Banks0.20%
Diversified Banks0.20%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BHW Bank Handlowy w Warszawiezł106.003.5%
+zł469.8m		19.1%PB1.5x
MIL Bank Millenniumzł16.882.1%
+zł424.6m		93.6%PB2.3x
PKO Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjnazł84.440.4%
+zł375.0m		41.2%PB2x
SPL Santander Bank Polskazł542.400.7%
+zł367.9m		17.6%PB1.7x
MBK mBankzł1.06k0.3%
+zł148.8m		93.1%PB2.2x

Latest News

MIL
zł16.88
Bank Millennium
7D
2.1%
1Y
93.6%

MIL: Revenue Outlook And Margins Will Continue To Support Balanced Fair Value

Analysts have slightly trimmed their price target on Bank Millennium to PLN 15.56 from PLN 15.84. This reflects modestly softer expectations for revenue growth, profit margin, and future valuation multiples.
BNP
zł131.00
BNP Paribas Bank Polska
7D
0.8%
1Y
56.7%

BNP: Upcoming Investor Day And Meeting Will Shape Balanced Risk Outlook

Analysts have raised their average price target on BNP Paribas Bank Polska slightly, to roughly PLN 145 from PLN 145 previously, citing a marginally lower discount rate and steady long term assumptions for revenue growth, profit margins, and future valuation multiples. What's in the News BNP Paribas Bank Polska is scheduled to host an Analyst and Investor Day, providing updated strategic and financial guidance to the market (company event).
ING
zł342.00
ING Bank Slaski
7D
-0.3%
1Y
41.0%

ING: Future Earnings Power Will Drive Upside Despite Slightly Lower Multiple

Analysts have slightly lowered their price target on ING Bank Slaski by approximately PLN 1.47. This reflects a marginally higher long term revenue growth outlook and profit margin, which are offset by a modestly reduced fair value and future P/E expectation.
BHW
zł106.00
Bank Handlowy w Warszawie
7D
3.5%
1Y
19.1%

BHW: Future Earnings Multiple Will Likely Reflect Stable Margins Amid Softer Revenue Outlook

Analysts have raised their price target on Bank Handlowy w Warszawie slightly to PLN 111.15 from PLN 110.83, citing a marginally improved profit margin outlook that more than offsets a modest uptick in the discount rate and slightly weaker near term revenue growth assumptions. Valuation Changes Fair value has risen slightly to PLN 111.15 from PLN 110.83, reflecting a modest upward revision in intrinsic valuation.
ALR
zł111.05
Alior Bank
7D
-0.8%
1Y
28.1%

ALR: Lending Portfolio Strength Will Support Future Earnings And Capital Returns

Analysts have nudged their price target on Alior Bank slightly higher to PLN 126.68 from PLN 126.34, reflecting modest adjustments to the discount rate and earnings expectations, while incorporating a more conservative growth outlook following recent research downgrades. Analyst Commentary Analysts highlight a more balanced risk reward profile for Alior Bank following the latest downgrade.
SPL
zł542.40
Santander Bank Polska
7D
0.7%
1Y
17.6%

SPL: Higher Discount Rate Will Pressure Long Term Profit Outlook

Analysts have trimmed their price target on Santander Bank Polska from PLN 460 to PLN 440, reflecting slightly higher discount rate assumptions and somewhat lower long term profitability expectations, despite improved revenue trend forecasts. Valuation Changes Fair Value Estimate: lowered slightly from PLN 460 to PLN 440, indicating a modest reduction in the bank's assessed intrinsic value.
PEO
zł204.60
Bank Polska Kasa Opieki
7D
-1.7%
1Y
47.5%

PEO: Neutral Outlook Will Reflect Balanced Earnings Prospects And Rising Risk Profile

Analysts have modestly raised their fair value estimate for Bank Polska Kasa Opieki from PLN 208 to approximately PLN 213, reflecting slightly higher revenue growth expectations and valuation multiples, even as they temper margin assumptions and align with more cautious Street targets around PLN 200. Analyst Commentary Recent commentary suggests that, while the stock’s fundamental story remains intact, its risk reward profile has become more balanced at current levels.
MBK
zł1,060.00
mBank
7D
0.3%
1Y
93.1%

MBK: Lower Discount Rate And Margin Pressure Will Shape Future Expectations

Analysts have modestly raised their price target on mBank to approximately $993 from about $979, citing slightly improved revenue growth expectations, a marginally lower discount rate, and a higher future price-to-earnings multiple that more than offset a negligible reduction in projected profit margins. Valuation Changes The fair value estimate has risen slightly to approximately 993 PLN from about 979 PLN, reflecting a modestly higher intrinsic valuation.
PKO
zł84.44
Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna
7D
0.4%
1Y
41.2%

PKO: Higher Projected Profit Margins Will Drive Stronger Outlook

Analysts have raised their price target for Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna from PLN 87.49 to PLN 88.03, citing stronger revenue growth forecasts and higher expected profit margins as key factors behind the upward revision. Valuation Changes Fair Value has risen slightly from PLN 87.49 to PLN 88.03.
BOS
zł9.70
Bank Ochrony Srodowiska
7D
-1.5%
1Y
0.4%
GTN
zł0.53
Getin Holding
7D
0.6%
1Y
-11.3%