Bank Handlowy w Warszawie S.A.

WSE:BHW Stock Report

Market Cap: zł14.2b

Bank Handlowy w Warszawie Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Elzbieta Czetwertynska

Chief executive officer

zł4.6m

Total compensation

CEO salary percentage60.72%
CEO tenure4.1yrs
CEO ownershipn/a
Management average tenure3yrs
Board average tenure3.6yrs

Recent management updates

We Think Shareholders Will Probably Be Generous With Bank Handlowy w Warszawie S.A.'s (WSE:BHW) CEO Compensation

Jun 12
We Think Shareholders Will Probably Be Generous With Bank Handlowy w Warszawie S.A.'s (WSE:BHW) CEO Compensation

Recent updates

Bank Handlowy w Warszawie (WSE:BHW) Is Reducing Its Dividend To PLN10.29

May 23
Bank Handlowy w Warszawie (WSE:BHW) Is Reducing Its Dividend To PLN10.29
author-image

Profit Margins Will Decline Amid Rising Costs And Net Interest Income Pressure

Slowing revenue growth in consumer banking and net interest income pressures may compress future margins and impact overall profitability.

We Think Shareholders Will Probably Be Generous With Bank Handlowy w Warszawie S.A.'s (WSE:BHW) CEO Compensation

Jun 12
We Think Shareholders Will Probably Be Generous With Bank Handlowy w Warszawie S.A.'s (WSE:BHW) CEO Compensation

If EPS Growth Is Important To You, Bank Handlowy w Warszawie (WSE:BHW) Presents An Opportunity

Jan 18
If EPS Growth Is Important To You, Bank Handlowy w Warszawie (WSE:BHW) Presents An Opportunity

If EPS Growth Is Important To You, Bank Handlowy w Warszawie (WSE:BHW) Presents An Opportunity

Sep 01
If EPS Growth Is Important To You, Bank Handlowy w Warszawie (WSE:BHW) Presents An Opportunity

We Ran A Stock Scan For Earnings Growth And Bank Handlowy w Warszawie (WSE:BHW) Passed With Ease

May 14
We Ran A Stock Scan For Earnings Growth And Bank Handlowy w Warszawie (WSE:BHW) Passed With Ease

Is Now The Time To Put Bank Handlowy w Warszawie (WSE:BHW) On Your Watchlist?

Jan 26
Is Now The Time To Put Bank Handlowy w Warszawie (WSE:BHW) On Your Watchlist?

Analysts Just Shipped A Substantial Upgrade To Their Bank Handlowy w Warszawie S.A. (WSE:BHW) Estimates

Dec 03
Analysts Just Shipped A Substantial Upgrade To Their Bank Handlowy w Warszawie S.A. (WSE:BHW) Estimates

We Ran A Stock Scan For Earnings Growth And Bank Handlowy w Warszawie (WSE:BHW) Passed With Ease

Oct 18
We Ran A Stock Scan For Earnings Growth And Bank Handlowy w Warszawie (WSE:BHW) Passed With Ease

Bank Handlowy w Warszawie (WSE:BHW) Ticks All The Boxes When It Comes To Earnings Growth

Jun 25
Bank Handlowy w Warszawie (WSE:BHW) Ticks All The Boxes When It Comes To Earnings Growth

Broker Revenue Forecasts For Bank Handlowy w Warszawie S.A. (WSE:BHW) Are Surging Higher

Jun 02
Broker Revenue Forecasts For Bank Handlowy w Warszawie S.A. (WSE:BHW) Are Surging Higher

Industry Analysts Just Upgraded Their Bank Handlowy w Warszawie S.A. (WSE:BHW) Revenue Forecasts By 12%

Apr 20
Industry Analysts Just Upgraded Their Bank Handlowy w Warszawie S.A. (WSE:BHW) Revenue Forecasts By 12%

Bank Handlowy w Warszawie's (WSE:BHW) Shareholders Are Down 56% On Their Shares

Dec 21
Bank Handlowy w Warszawie's (WSE:BHW) Shareholders Are Down 56% On Their Shares

CEO Compensation Analysis

How has Elzbieta Czetwertynska's remuneration changed compared to Bank Handlowy w Warszawie's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

zł2b

Dec 31 2024zł5mzł3m

zł2b

Sep 30 2024n/an/a

zł2b

Jun 30 2024n/an/a

zł2b

Mar 31 2024n/an/a

zł2b

Dec 31 2023zł4mzł2m

zł2b

Sep 30 2023n/an/a

zł2b

Jun 30 2023n/an/a

zł2b

Mar 31 2023n/an/a

zł2b

Dec 31 2022zł3mzł2m

zł2b

Sep 30 2022n/an/a

zł1b

Jun 30 2022n/an/a

zł1b

Mar 31 2022n/an/a

zł605m

Dec 31 2021zł3mzł1m

zł717m

Compensation vs Market: Elzbieta's total compensation ($USD1.26M) is about average for companies of similar size in the Polish market ($USD1.07M).

Compensation vs Earnings: Elzbieta's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Elzbieta Czetwertynska

4.1yrs
Tenure
zł4,585,000
Compensation

Ms. Elzbieta Czetwertynska served as President of the Management Board at Bank Handlowy w Warszawie S.A. since October 08, 2021 until March 2024 and serves as its Managing Director since March 2024 and ser...

Leadership Team

NamePositionTenureCompensationOwnership
Elzbieta Czetwertynska
MD, Citi Country Officer of Poland & CEO of Citi Handlowy4.1yrszł4.59mno data
Barbara Sobala
Vice President of Management Board11.8yrszł1.95mno data
Maciej Kropidlowski
Vice President of Management Board11.3yrszł7.37mno data
Andrzej Wilk
Deputy CEO & VP of Management Board3yrszł2.59mno data
Patrycjusz Wojcik
Vice President of the Management Board1.4yrszł1.27mno data
Ivan Vrhel
Member of the Management Board2.8yrszł1.77mno data
Tomasz Dziurzynski
Member of the Management Boardless than a yearno datano data
Adam Piotrak
Investor Relations Headno datano datano data
3.0yrs
Average Tenure

Experienced Management: BHW's management team is considered experienced (3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Slawomir Sikora
Chairman of the Supervisory Board4.1yrszł2.33mno data
Anna Rulkiewicz
Independent Supervisory Board Member6.1yrszł333.00kno data
Fabio Lisanti
Supervisory Board Member1.1yrsno datano data
Barbara Smalska
Independent Supervisory Board Member6.1yrszł388.00kno data
Marek Kapuscinski
Independent Supervisory Board Member8.8yrszł332.00kno data
Natalia Bozek
Supervisory Board Member1.1yrszł667.00kno data
Ignacio Gutierrez-Orrantia
Vice Chairman of the Supervisory Board1.1yrsno datano data
Andras Reiniger
Member of the Supervisory Board3.1yrsno datano data
3.6yrs
Average Tenure

Experienced Board: BHW's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/14 17:46
End of Day Share Price 2025/07/14 00:00
Earnings2025/03/31
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

Bank Handlowy w Warszawie S.A. is covered by 23 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kamil KliszczBiuro maklerskie mBanku
Mikolaj LemanczykBiuro maklerskie mBanku
Maciej SzczesnyBofA Global Research