trending Market Intelligence /marketintelligence/en/news-insights/trending/d_sqzlb8ueqtmy4mu5msra2 content esgSubNav
In This List

PKO Bank FY'17 profit ticks up YOY

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


PKO Bank FY'17 profit ticks up YOY

PKO Bank Polski SA reported full-year 2017 group net profit attributable to equity holders of the parent company of 3.10 billion Polish zlotys, up from 2.87 billion zlotys earned in 2016.

EPS for the period was 2.48 zlotys, compared to 2.30 zlotys a year earlier.

Net interest income rose on a yearly basis to 8.61 billion zlotys from 7.76 billion zlotys, while net fee and commission income increased to 2.97 billion zlotys from 2.69 billion zlotys.

The Polish lender booked net foreign exchange gains of 452 million zlotys, down from the year-ago 503 million zlotys.

Net impairment allowances and provisions was virtually unchanged year over year at 1.62 billion zlotys.

The group's total capital adequacy ratio stood at 17.37% as of 2017-end, compared to 15.81% at the end of 2016. The bank's Tier 1 capital ratio stood at 16.50% at 2017-end, compared to 14.51% at the end of 2016.

As of March 9, US$1 was equivalent to 3.40 Polish zlotys.