mBank S.A.

DB:BRU Stock Report

Market Cap: €10.6b

mBank Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Cezary Kocik

Chief executive officer

zł3.9m

Total compensation

CEO salary percentage68.70%
CEO tenure13.8yrs
CEO ownershipn/a
Management average tenure5.6yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Cezary Kocik's remuneration changed compared to mBank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

zł3b

Jun 30 2025n/an/a

zł3b

Mar 31 2025n/an/a

zł3b

Dec 31 2024zł4mzł3m

zł2b

Sep 30 2024n/an/a

zł1b

Jun 30 2024n/an/a

zł581m

Mar 31 2024n/an/a

zł144m

Dec 31 2023zł3mzł2m

zł24m

Sep 30 2023n/an/a

zł879m

Jun 30 2023n/an/a

-zł1b

Mar 31 2023n/an/a

-zł1b

Dec 31 2022zł2mzł2m

-zł703m

Sep 30 2022n/an/a

-zł3b

Jun 30 2022n/an/a

-zł863m

Mar 31 2022n/an/a

-zł984m

Dec 31 2021zł2mzł2m

-zł1b

Sep 30 2021n/an/a

zł278m

Jun 30 2021n/an/a

zł352m

Mar 31 2021n/an/a

zł330m

Dec 31 2020zł3mzł2m

zł104m

Sep 30 2020n/an/a

zł395m

Jun 30 2020n/an/a

zł653m

Mar 31 2020n/an/a

zł938m

Dec 31 2019zł3mzł2m

zł1b

Compensation vs Market: Cezary's total compensation ($USD1.08M) is below average for companies of similar size in the German market ($USD5.41M).

Compensation vs Earnings: Cezary's compensation has increased by more than 20% in the past year.

CEO

Cezary Kocik (54 yo)

13.8yrs
Tenure
zł3,860,009
Compensation

Mr. Cezary Kocik has been the President of the Management Board at mBank S.A. since October 2024. He served as Vice President of Management Board at mBank S.A. since 2024 until October 2024 and served as P...

Leadership Team

NamePositionTenureCompensationOwnership
Cezary Kocik
President of the Management Board & CEO13.8yrszł3.86mno data
Krzysztof Dabrowski
VP of the Management Board and Head of Operations & Information Technology8.8yrszł2.68mno data
Adam Pers
VP of the Management Board and Head of Corporate & Investment Banking8.3yrszł2.66mno data
Marek Lusztyn
VP of the Management Board & Chief Risk Officer5.3yrszł2.58mno data
Pascal Ruhland
CFO & Vice President of Management Board2.8yrszł2.71mno data
Julia Nusser
VP of the Management Board and Head of Compliance2.8yrszł2.74mno data
Krzysztof Bratos
VP of Management Board & Head of Retail Banking1.6yrszł853.50kno data
Joanna Filipkowska
Head of Investor Relationsno datano datano data
Marcin Mazurek
Chief Economist5.9yrsno datano data
Karol Prazmo
Managing Director for Treasury & Investor Relationsno datano datano data
5.6yrs
Average Tenure

Experienced Management: BRU's management team is seasoned and experienced (5.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Bernhard Spalt
Deputy Chairman of the Supervisory Board2.1yrsno datano data
Agnieszka Slomka Golebiowska
Independent Chairwoman of the Supervisory Board11.3yrszł531.67kno data
Tomasz Bieske
Independent Member of the Supervisory Board8.8yrszł435.50kno data
Michael Kotzbauer
Deputy Chairman of the Supervisory Board1.2yrsno datano data
Thomas Schaufler
Member of the Supervisory Board2.9yrsno datano data
Aleksandra Gren
Independent Member of the Supervisory Board6.1yrszł280.11kno data
Hans-Georg Beyer
Member of the Supervisory Board3.1yrszł236.25kno data
Carsten Schmitt
Member of the Supervisory Board1.1yrsno datano data
Aleksandra Krzyzak
Independent Supervisory Board Member1.1yrsno datano data
Dorota Kuman
Independent Supervisory Board Member1.1yrsno datano data
Sabrina Kensy
Member of the Supervisory Board1.1yrsno datano data
2.1yrs
Average Tenure
55yo
Average Age

Experienced Board: BRU's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/02 22:41
End of Day Share Price 2026/02/02 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

mBank S.A. is covered by 23 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrzej PowierzaCitigroup Inc
Gabor KemenyConCorde Securities Ltd.
Kazim AndaçDeutsche Bank