Finance
Santander Bank Polska Q3 profit beats expectations
Published by Global Banking & Finance Review®
Posted on October 29, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on October 29, 2025
1 min readLast updated: January 21, 2026
Santander Bank Polska's Q3 profit of 1.89 billion zlotys exceeded expectations, driven by strong net interest and fee income.
GDANSK (Reuters) -Santander Bank Polska on Wednesday reported better-than-expected net profit in the third quarter, helped by growth in net interest income and net fee and commission income.
Santander Bank Polska, in which Austria's Erste Group is buying a 49% stake, said net profit came in at 1.89 billion zlotys ($519.73 million), down from 1.94 billion zlotys in the same period a year earlier, but above analysts' expectations of 1.83 billion zlotys.
Its net interest income was 3.20 billion zlotys against analysts' expectations of 3.17 billion zlotys, while net fee income was 725 million zlotys compared with a 730 million zloty forecast.
Analysts had expected the quarterly result to be supported by lower provisions for its portfolio of Swiss franc-denominated loans.
The legal provisions for such loans totalled 168.5 million zlotys in the quarter compared with 738.8 million zlotys it reported in the previous quarter.
($1 = 3.6365 zlotys)
($1 = 3.6365 zlotys)
(Reporting by Julia Kotowska)
Net profit is the amount of money a company earns after all expenses, taxes, and costs have been deducted from total revenue. It is a key indicator of a company's profitability.
Provisions for loans are funds set aside by banks to cover potential losses from loans that may not be repaid. This is an essential part of risk management in banking.
A stake in a bank refers to ownership interest or shares held in a bank by an individual or entity, which can influence decision-making and financial performance.
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