mBank S.A.

OTCPK:MBAK.F Stock Report

Market Cap: US$4.4b

mBank Management

Management criteria checks 4/4

mBank's CEO is Cezary Stypulkowski, appointed in Aug 2010, has a tenure of 13.17 years. total yearly compensation is PLN4.22M, comprised of 85.4% salary and 14.6% bonuses, including company stock and options. directly owns 0.073% of the company’s shares, worth $3.24M. The average tenure of the management team and the board of directors is 4.8 years and 6.5 years respectively.

Key information

Cezary Stypulkowski

Chief executive officer

zł4.2m

Total compensation

CEO salary percentage85.38%
CEO tenure13.2yrs
CEO ownership0.07%
Management average tenure4.8yrs
Board average tenure6.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Cezary Stypulkowski's remuneration changed compared to mBank's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2023n/an/a

-zł1b

Mar 31 2023n/an/a

-zł1b

Dec 31 2022zł4mzł4m

-zł703m

Sep 30 2022n/an/a

-zł3b

Jun 30 2022n/an/a

-zł863m

Mar 31 2022n/an/a

-zł984m

Dec 31 2021zł4mzł4m

-zł1b

Sep 30 2021n/an/a

zł278m

Jun 30 2021n/an/a

zł352m

Mar 31 2021n/an/a

zł330m

Dec 31 2020zł5mzł3m

zł104m

Sep 30 2020n/an/a

zł395m

Jun 30 2020n/an/a

zł653m

Mar 31 2020n/an/a

zł938m

Dec 31 2019zł5mzł3m

zł1b

Sep 30 2019n/an/a

zł1b

Jun 30 2019n/an/a

zł1b

Mar 31 2019n/an/a

zł1b

Dec 31 2018zł5mzł4m

zł1b

Sep 30 2018n/an/a

zł1b

Jun 30 2018n/an/a

zł1b

Mar 31 2018n/an/a

zł1b

Dec 31 2017zł4mzł3m

zł1b

Sep 30 2017n/an/a

zł1b

Jun 30 2017n/an/a

zł1b

Mar 31 2017n/an/a

zł1b

Dec 31 2016zł4mzł3m

zł1b

Compensation vs Market: Cezary's total compensation ($USD978.93K) is below average for companies of similar size in the US market ($USD6.62M).

Compensation vs Earnings: Cezary's compensation has been consistent with company performance over the past year.

CEO

Cezary Stypulkowski (67 yo)

13.2yrs
Tenure
zł4,220,157
Compensation

Mr. Cezary Stypulkowski serves as the President of the Management Board and Chief Executive Officer at mBank SA. Mr. Stypulkowsk chaired the management board of Bank Handlowy S.A. for thirteen years, made...

Leadership Team

NamePositionTenureCompensationOwnership
Cezary Stypulkowski
President of the Management Board & CEO13.2yrszł4.22m0.073%
$ 3.2m
Cezary Kocik
VP of the Management Board & Head of Retail Banking11.5yrszł2.07m0.0033%
$ 145.8k
Krzysztof Dabrowski
VP of the Management Board and Head of Operations & Information Technology6.5yrszł1.98mno data
Adam Pers
VP of the Management Board and Head of Corporate & Investment Banking6yrszł1.96m0.0089%
$ 394.0k
Marek Lusztyn
VP of the Management Board & Chief Risk Officer3yrszł1.88m0.0030%
$ 134.3k
Pascal Ruhland
CFO & Vice President of Management Boardless than a yearno datano data
Julia Nusser
Chief People & Regulatory Officer and Vice-President of the Management Boardless than a yearno datano data
Joanna Filipkowska
Deputy Head of Investor Relations Equity Investors & Analystsno datano datano data
Marcin Mazurek
Chief Economist3.6yrsno datano data
4.8yrs
Average Tenure

Experienced Management: MBAK.F's management team is considered experienced (4.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Miroslaw Godlewski
Independent Member of the Supervisory Board6.6yrszł255.78kno data
Agnieszka Slomka-Golebiowska
Independent Chairwoman of the Supervisory Board9yrszł441.38kno data
Marcus Chromik
Member of the Supervisory Board7.8yrsno datano data
Tomasz Bieske
Independent Member of the Supervisory Board6.5yrszł429.42kno data
Bettina Orlopp
Deputy Chairwoman of the Supervisory Board3.8yrsno datano data
Thomas Schaufler
Member of the Supervisory Boardless than a yearno datano data
Aleksandra Gren
Independent Member of the Supervisory Board3.8yrszł255.78kno data
Hans-Georg Beyer
Member of the Supervisory Boardno datano datano data
6.5yrs
Average Tenure
53yo
Average Age

Experienced Board: MBAK.F's board of directors are considered experienced (6.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/10/15 05:37
End of Day Share Price 2023/07/18 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

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. 6 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