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Bank Handlowy w Warszawie BHW.WA · PLN

Financials · GPW · 🇵🇱 Poland

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122.20

-0.49%

Close of 9 Nov 2026, in PLN

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in PLN, from our data supplier.

FY2025

Revenue, before interest expense

PLN 4.17bn

FY2016FY2025

Net income

PLN 1.67bn

FY2016FY2025

Total assets

PLN 78.85bn

FY2016FY2025

Shareholders' equity

PLN 10.04bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue, before interest expensePLN 4.17bnPLN 5.72bnPLN 5.67bnPLN 4.28bnPLN 2.48bnPLN 2.12bnPLN 2.50bnPLN 2.39bnPLN 2.38bnPLN 2.39bn
Operating incomePLN 2.15bnPLN 2.32bnPLN 2.86bnPLN 1.99bnPLN 950.9mPLN 763.9mPLN 658.2mPLN 828.7mPLN 707.1mPLN 764.3m
Net incomePLN 1.67bnPLN 1.76bnPLN 2.26bnPLN 1.55bnPLN 717.5mPLN 172.4mPLN 480.1mPLN 638.9mPLN 535.6mPLN 601.6m
Diluted earnings per share12.7713.4917.2711.835.491.323.674.894.104.60

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsPLN 78.85bnPLN 72.48bnPLN 72.57bnPLN 68.47bnPLN 61.86bnPLN 60.94bnPLN 51.98bnPLN 49.30bnPLN 43.04bnPLN 45.21bn
Cash and short-term investmentsPLN 21.61bnPLN 5.83bnPLN 1.30bnPLN 1.64bnPLN 6.62bnPLN 4.52bnPLN 4.18bnPLN 7.86bnPLN 520.4mPLN 678.2m
Total liabilitiesPLN 68.81bnPLN 62.61bnPLN 62.84bnPLN 60.51bnPLN 54.48bnPLN 53.36bnPLN 44.90bnPLN 42.25bnPLN 36.10bnPLN 38.42bn
DebtPLN 3.99bnPLN 1.19bnPLN 113.1mPLN 121.8mPLN 125.7mPLN 138.4mPLN 143.3mPLN 1.3mPLN 36.5mPLN 128.0m
Shareholders' equityPLN 10.04bnPLN 9.87bnPLN 9.73bnPLN 7.96bnPLN 7.38bnPLN 7.58bnPLN 7.07bnPLN 7.06bnPLN 6.94bnPLN 6.79bn
Shares outstanding131m130m131m131m131m131m131m131m131m131m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue, before interest expensePLN 1.06bnPLN 1.25bnPLN 949.3mPLN 1.06bnPLN 1.14bnPLN 1.38bnPLN 1.48bnPLN 1.42bn
Operating incomePLN 411.5mPLN 586.6mPLN 541.1mPLN 521.6mPLN 624.5mPLN 554.1mPLN 506.9mPLN 703.2m
Net incomePLN 320.8mPLN 385.6mPLN 596.4mPLN 469.4mPLN 165.6mPLN 435.0mPLN 367.9mPLN 544.4m
Diluted earnings per share2.462.954.573.601.273.332.824.17
Total assetsPLN 72.57bnPLN 88.23bnPLN 78.85bnPLN 79.52bnPLN 84.30bnPLN 77.16bnPLN 72.48bnPLN 72.43bn
Cash and short-term investmentsPLN 2.81bnPLN 13.75bnPLN 9.21bnPLN 15.45bnPLN 11.18bnPLN 15.05bnPLN 5.83bnPLN 17.40bn
DebtPLN 5.57bn—————PLN 3.62bn—
Shareholders' equityPLN 9.32bnPLN 10.08bnPLN 10.04bnPLN 9.35bnPLN 9.24bnPLN 10.36bnPLN 9.87bnPLN 9.78bn

Financial ratios

Data as of 30 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2018
Operating margin51.6%40.5%50.4%46.7%38.3%36.0%—
Net margin40.0%30.8%39.8%36.2%28.9%8.1%—
Return on equity16.6%17.8%23.2%19.4%9.7%2.3%—
Return on assets2.1%2.4%3.1%2.3%1.2%0.3%—
Revenue growth-27.0%0.7%32.7%72.3%17.0%-15.1%—
Earnings growth-5.3%-22.0%46.0%115.4%316.2%-64.1%—
Current ratio0.52x0.10x0.02x0.03x0.13x0.09x—
Debt to equity—0.37x0.36x0.43x0.46x1.28x0.00x
Equity ratio12.7%13.6%13.4%11.6%11.9%12.4%—
Interest coverage2.15x1.92x2.55x3.37x26.28x6.52x—
Buybacks as a share of market value-0.0%0.1%0.0%0.0%0.0%0.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-4.9%10.0%4.0%
Operating income2.6%23.0%10.5%
Net income2.5%57.4%10.3%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin45.2%47.0%45.2%40.5%
Net margin34.7%36.4%33.2%30.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings8.36.65.96.410.726.614.114.120.016.6
Price to sales4.32.62.92.73.12.33.04.15.14.7

Dividends and splits

Per share, in the currency the company pays

Paid for 5 years. Last went ex-dividend on 24 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2019FY2018
Paid in the year9.8013.7311.159.005.471.203.744.11

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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