mBank Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:BRU Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
20 Jun 24	Sell€239,259	Cezary Kocik	Individual		1,653	€144.74
06 Jun 24	Sell€231,782	Adam Pers	Individual		1,625	€142.63

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of BRU?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	37,318	0.0878%
General Public	4,368,263	10.3%
Institutions	8,738,495	20.6%
Public Companies	29,352,897	69.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 88.59% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
69.1%	Commerzbank AG	29,352,897	€4.0b	0%	no data
5.18%	Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.	2,200,912	€300.5m	0%	2.54%
3.61%	Powszechne Towarzystwo Emerytalne PZU SA	1,535,351	€209.6m	2.29%	4.57%
1.81%	Generali Powszechne Towarzystwo Emerytalne S A	768,166	€104.9m	0.17%	1.72%
1.51%	Aegon Asset Management UK Plc	642,569	€87.7m	0.17%	0.45%
1.22%	The Vanguard Group, Inc.	517,459	€70.6m	1.02%	no data
1.12%	UNIQA Österreich Versicherungen AG, Asset Management Arm	475,540	€64.9m	0.17%	3.15%
1.09%	PTE Bankowy, Asset Management Arm	463,204	€63.2m	31%	4.24%
1.01%	BlackRock, Inc.	429,463	€58.6m	-5.28%	no data
0.38%	GAMMA PKO Towarzystwo Funduszy Inwestycyjnych SA	161,712	€22.1m	0%	0.74%
0.33%	Towarzystwo Funduszy Inwestycyjnych PZU SA	140,041	€19.1m	0%	1.06%
0.3%	Norges Bank Investment Management	128,909	€17.6m	0%	no data
0.3%	Pocztylion Arka PTE S.A.	125,603	€17.1m	0.17%	2.69%
0.26%	Dimensional Fund Advisors LP	112,463	€15.4m	-7.9%	no data
0.18%	UBS Asset Management AG	77,250	€10.5m	1.67%	no data
0.18%	Santander Towarzystwo Funduszy Inwestycyjnych S.A.	75,496	€10.3m	0%	0.78%
0.16%	Goldman Sachs Asset Management, L.P.	66,618	€9.1m	-3.44%	no data
0.16%	Geode Capital Management, LLC	66,487	€9.1m	-2.74%	no data
0.15%	Amundi Asset Management SAS	64,146	€8.8m	0.9%	no data
0.13%	State Street Global Advisors, Inc.	54,859	€7.5m	4.43%	no data
0.11%	Union Investment TFI S.A	47,087	€6.4m	0%	1.51%
0.091%	Franklin Resources, Inc.	38,516	€5.3m	13,600%	no data
0.091%	Pioneer Pekao Towarzystwo Funduszy Inwestycyjnych S.A	38,505	€5.3m	0%	0.76%
0.075%	Charles Schwab Investment Management, Inc.	31,903	€4.4m	-0.04%	no data
0.075%	Eaton Vance Management	31,866	€4.3m	-25.1%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/21 15:59
End of Day Share Price	2025/01/21 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

mBank S.A. is covered by 28 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Maxence Patrick Le Gouvello du Timat	CA Cheuvreux
Andrzej Powierza	Citigroup Inc
Gabor Kemeny	ConCorde Securities Ltd.