Biznes Fakty
PKO PB Group results after the first half of 2025
The PKO Bank Polski Group achieved a net profit exceeding PLN 5.1 billion in the first half of 2025. This figure is PLN 735 million higher than the same timeframe last year and surpasses analysts’ predictions.
As per the consolidated financial reports of the PKO BP capital group released on Wednesday, the bank’s total assets at the end of June this year were PLN 547.3 billion, while its operating expenses totaled PLN 4.7 billion.
PKO BP’s net income for the second quarter of 2025 rose by 13.2% year-on-year and increased by 7.8% compared to the previous quarter.
In the first half of 2025, the PKO BP group recorded a net profit of PLN 5.13 billion, marking a 16.7% increase from the previous year.
PKO BP Group results
The bank’s operational income grew by 12.3% year-on-year, reaching over PLN 15.2 billion, while net interest income surged by 18.4%, amounting to PLN 12.1 billion. Net fee and commission income slightly declined to exceed PLN 2.5 billion, reflecting a 1.1% decrease.
The bank also indicated that its interest margin stood at 4.91 percent.
Additionally, the bank’s customer base expanded by 263,000, totaling 12.3 million. The mobile application now boasts nearly 6.5 million active users.
The total financing extended to clients by the group reached approximately PLN 298 billion, an increase of PLN 11 billion since the beginning of the year. This growth was largely attributed to an increase in retail loans by PLN 8 billion and corporate loans by PLN 4 billion. The value of mortgage loans for individuals rose by PLN 5 billion, alongside a PLN 4 billion increase in consumer loans.
As highlighted in the management report, customer deposits „remain the primary source of financing for the Group’s assets,” and at the conclusion of the first half of the year, they totaled PLN 430 billion. This marks an increase of PLN 11 billion since the start of the year. Retail and private banking deposits rose by PLN 13 billion, whereas business deposits decreased by PLN 2 billion and corporate deposits by PLN 1 billion.
The impact of mortgage loans on the result
In the first half of the year, PKO BP raised its provisions for legal risks associated with mortgage loans issued in foreign currencies (such as Swiss francs) to PLN 2.2 billion. The bank also continued to facilitate settlements for individual customers holding active loans in Swiss francs (CHF). This settlement process involves converting a CHF loan into a PLN loan, treating it as if it had been a PLN loan from the start.
As of June 30, more than 66,800 mediation requests had been submitted, with 53,400 being successful and 15,700 unsuccessful. Settlements were reached in 53,200 cases, with 42,300 concluded through mediation and 10,900 in court.
„PKO Bank Polski delivered strong results in the second quarter, solidifying its position across all key operational areas. Customers are increasingly engaging with our products and services, which has enabled us to scale up financing for the economy to PLN 307 billion and increase the volume of savings held at the bank to PLN 639 billion,” stated Krzysztof Dresler, Vice President of the Bank.
„Despite the reduction in quarterly interest margins, we managed to achieve commendable net interest income. We are particularly pleased with the 40% increase in investment funds under the management of our investment fund management company (TFI). We are enhancing our market position in nearly every area, and in certain metrics, we are surpassing the ambitious targets set by our strategy,” he added.
PKO BP media.pkobp.plThe Powszechna Kasa Oszczędności Bank Polski (PKO BP) Capital Group stands as one of the largest financial groups in Poland and Central and Eastern Europe. The parent entity is Powszechna Kasa Oszczędności Bank Polski. By the end of 2024, the Bank’s Capital Group’s total assets amounted to PLN 525.2 billion. The State Treasury retains a 29.43% stake in the bank.
