mBank S.A.

WSE:MBK Stock Report

Market Cap: zł23.2b

mBank Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Cezary Kocik

Chief executive officer

zł2.5m

Total compensation

CEO salary percentage67.1%
CEO tenure12.7yrs
CEO ownershipn/a
Management average tenure4.5yrs
Board average tenure3.4yrs

Recent management updates

Shareholders Will Probably Not Have Any Issues With mBank S.A.'s (WSE:MBK) CEO Compensation

Mar 22
Shareholders Will Probably Not Have Any Issues With mBank S.A.'s (WSE:MBK) CEO Compensation

Recent updates

Shareholders Will Probably Not Have Any Issues With mBank S.A.'s (WSE:MBK) CEO Compensation

Mar 22
Shareholders Will Probably Not Have Any Issues With mBank S.A.'s (WSE:MBK) CEO Compensation

CEO Compensation Analysis

How has Cezary Kocik's remuneration changed compared to mBank's earnings?
DateTotal CompensationSalaryCompany Earnings
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

Sep 30 2019n/an/a

zł1b

Jun 30 2019n/an/a

zł1b

Mar 31 2019n/an/a

zł1b

Dec 31 2018zł3mzł2m

zł1b

Sep 30 2018n/an/a

zł1b

Jun 30 2018n/an/a

zł1b

Mar 31 2018n/an/a

zł1b

Dec 31 2017zł2mzł2m

zł1b

Compensation vs Market: Cezary's total compensation ($USD612.75K) is about average for companies of similar size in the Polish market ($USD822.45K).

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

CEO

Cezary Kocik (53 yo)

12.7yrs

Tenure

zł2,503,148

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 & CEO12.7yrszł2.50mno data
Krzysztof Dabrowski
VP of the Management Board and Head of Operations & Information Technology7.7yrszł2.40mno data
Adam Pers
VP of the Management Board and Head of Corporate & Investment Banking7.2yrszł2.38m0.0050%
PLN 1.2m
Marek Lusztyn
VP of the Management Board & Chief Risk Officer4.2yrszł2.28m0.0030%
PLN 701.8k
Pascal Ruhland
CFO & Vice President of Management Board1.6yrszł2.23mno data
Julia Nusser
VP of the Management Board and Head of Compliance1.6yrszł1.67mno data
Krzysztof Bratos
VP of Management Board & Head of Retail Bankingless than a yearno datano data
Joanna Filipkowska
Deputy Head of Investor Relations Equity Investors & Analystsno datano datano data
Marcin Mazurek
Chief Economist4.8yrsno datano data

4.5yrs

Average Tenure

Experienced Management: MBK's management team is considered experienced (4.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Bernhard Spalt
Member of the Supervisory Boardless than a yearno datano data
Miroslaw Godlewski
Independent Member of the Supervisory Board7.8yrszł255.78kno data
Agnieszka Slomka-Golebiowska
Independent Chairwoman of the Supervisory Board10.2yrszł465.02kno data
Tomasz Bieske
Independent Member of the Supervisory Board7.7yrszł430.77kno data
Michael Kotzbauer
Deputy Chairman of the Supervisory Boardno datano datano data
Thomas Schaufler
Member of the Supervisory Board1.8yrsno datano data
Aleksandra Gren
Independent Member of the Supervisory Board4.9yrszł255.78kno data
Hans-Georg Beyer
Member of the Supervisory Board1.9yrszł216.00kno data

3.4yrs

Average Tenure

55yo

Average Age

Experienced Board: MBK's board of directors are considered experienced (3.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:13
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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 29 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
Maxence Patrick Le Gouvello du TimatCA Cheuvreux
Andrzej PowierzaCitigroup Inc
Gabor KemenyConCorde Securities Ltd.