Financial data
SELECTED FINANCIAL DATA AND RATIOS - consolidated data
|
in PLN million |
2024 |
2023 |
2022 |
2021 |
2020 |
|
Statement of financial position |
|
|
|
|
|
|
Total assets |
167,540 |
161,026 |
150,109 |
131,777 |
119,577 |
|
Total net loans and advances to customers* |
85,854 |
86,248 |
88,631 |
86,299 |
75,637 |
|
Total equity |
15,394 |
12,861 |
11,262 |
11,362 |
12,031 |
|
Amounts due to customers |
130,925 |
127,175 |
120,021 |
101,093 |
90,051 |
|
Statement of profit or loss |
|
|
|
|
|
|
Net profit |
2,358 |
1,013 |
441 |
176 |
733 |
|
Normalized net profit** |
2,415 |
967 |
1,166 |
176 |
721 |
|
Net interest income |
5,741 |
5,225 |
3,493 |
3,141 |
3,060 |
|
Net fee and commission income |
1,264 |
1,211 |
1,137 |
1,049 |
916 |
|
Net income on banking activity |
7,753 |
7,283 |
5,352 |
4,809 |
4,705 |
| Result on legal risk related to foreign currency loans |
(796) |
(1,978) |
(740) |
(1,045) |
(168) |
|
Net result on impairment losses on financial assets and provisions for contingent liabilities |
(246) |
(34) |
(275) |
(266) |
(601) |
|
General administrative expenses, depreciation and amortization |
(3,352) |
(3,096) |
(3,038) |
(2,544) |
(2,506) |
|
Financial ratios (%) |
|
|
|
|
|
|
Net ROE |
16.93% |
8.18% |
3.95% |
1.47% |
6.34% |
|
Net ROA |
1.46% |
0.66% |
0.31% |
0.14% |
0.63% |
|
Cost / Income |
43.23% |
42.50% |
56.77% |
52.89% |
53.26% |
|
Normalized net ROE** |
17.27% |
7.74% |
10.16% |
1.47% |
6.23% |
|
Normalized net ROA** |
1.50% |
0.63% |
0.82% |
0.14% |
0.62% |
|
Normalized Cost / Income** |
41.01% |
41.11% |
42.89% |
49.91% |
49.00% |
|
Net interest margin |
3.56% |
3.43% |
2.46% |
2.51% |
2.63% |
| Share of impaired loans and advances (Stage 3)*** |
3.24% |
3.00% |
3.28% |
3.64% |
5.37% |
|
Cost of risk |
(0.28%) |
(0.04%) |
(0.30%) |
(0.32%) |
(0.78%) |
|
Total capital ratio (TCR) |
17.20% |
16.67% |
15.55% |
16.91% |
18.65% |
|
Tier 1 capital ratio |
13.80% |
12.51% |
11.28% |
12.33% |
13.55% |
|
Information on shares |
|
|
|
|
|
|
Stock market capitalization (PLN mio) |
12,593 |
12,641 |
8,265 |
13,454 |
9,376 |
|
Number of shares (mio) |
148 |
148 |
148 |
148 |
147 |
|
Year-end share price (PLN) |
85 |
86 |
56 |
91 |
64 |
|
Business information |
|
|
|
|
|
|
Number of Bank Clients (ths), including: |
4,001 |
4,186 |
4,227 |
4,117 |
3,938 |
|
Individual Customers |
3,638 |
3,831 |
3,877 |
3,810 |
3,639 |
|
Business Customers |
363 |
356 |
350 |
307 |
299 |
Note: due to the change in the recognition of the impact of legal risk arising from CHF mortgage litigation from 1 January 2023 in accordance with IFRS 9, restated values are presented in column 2022 for the categories Net Assets, Loans and advances to Customers and Share of impaired loans and advances (Stage 3).
* Net values, including loans measured at amortized cost and at fair value.
** Normalized values calculated without the impact of credit holidays in 2022, 2023, 2024 and integration costs incurred in connection with the implementation of merger processes in 2020.
*** Applies to portfolio measured at amortized cost. NPL - a category defined as loans and advances in Stage 3 and POCI non-performing as presented in the note to the Consolidated Financial Statements.
**** Number of Customers 2022 presented in accordance with the new definition adopted 2Q 2023.