Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Warsaw Stock Exchange  >  Powszechna Kasa Oszczednosci Bk Plski SA    PKO   PLPKO0000016

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

PKO Bank Polski SA : Poland PKO BP Fourth-Quarter Profit Boosted by Sale of Subsidiary

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/10/2014 | 08:44am CET

By Patryk Wasilewski

WARSAW--Poland's largest lender by assets Powszechna Kasa Oszczednosci Bank Polski SA (PKO.WA) reported Monday a higher than expected 8.6% rise in net profit boosted by a one-off sale of its credit card transaction clearance subsidiary.

Earnings in the last three months of 2013 rose to 939 million zlotys ($310 million) according to The Wall Street Journal calculations from PLN865 million a year earlier. Analysts expected the net profit to be PLN889 million.

The lender only provides full-year financial results and 12-month earnings dropped to PLN3.23 billion from PLN3.74 billion a year earlier.

PKO BP's net interest income between October and December was under pressure from the all-time low benchmark interest rates, down 9.2% annually to PLN1.88 billion and slightly above analysts' forecasts.

In other areas the lender underperformed market expectations with net fees and commissions up only 0.3% to PLN655 million, significantly below PLN825 million seen by analysts. Provisions for non-performing loans also rose in the last quarter of 2013 reaching PLN683 million, above PLN604 million expected by the market watchers.

Write to Patryk Wasilewski at patryk.wasilewski@wsj.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on POWSZECHNA KASA OSZCZEDNOS
10/20 POWSZECHNA KASA OSZCZEDNOSCI BK PLSK : Report No. 52/2016 – Notification o..
10/18 POWSZECHNA KASA OSZCZEDNOSCI BK PLSK : Report No. 51/2016 – PFSA decision ..
10/17 POWSZECHNA KASA OSZCZEDNOSCI BK PLSK : Report No. 50/2016 – Estimation of ..
10/10 POWSZECHNA KASA OSZCZEDNOSCI BK PLSK : Current Report No.49/2016 – PFSA de..
10/05 POWSZECHNA KASA OSZCZEDNOSCI BK PLSK : Current Report No. 48/2016 – Change..
09/29 POWSZECHNA KASA OSZCZEDNOSCI BK PLSK : ex-dividend day for annual dividend
09/27 'Re-Polonisation' puts banks under government scrutiny
09/22 CURRENT REPORT NO. 47/2016 : Consolidated version of the PKO Ba...
09/22DJPolish State-Controlled Firms in Talks to Buy Raiffeisen Assets
09/21DJPolish State-Controlled Firms in Talks to Buy Raiffeisen Assets
More news
Sector news : Commercial Banks
12/02DJMorgan Stanley Toughens Pay Hurdles for Brokers
12/02 BARCLAYS : Deutsche Bank to pay $60 million to settle U.S. gold price-fixing cas..
12/02 Trump creates business advisory council stacked with CEOs
12/02DJDeutsche Bank to Cut Off Around 3,400 Clients
12/02DJCIT : Mnuchin, Tapped for Treasury Secretary, Leaves CIT and Sears Boards
More sector news : Commercial Banks
News from SeekingAlpha
11/11 Invest In Poland's GDP Growth Through ETFs
2015 Investing With Polish ETFs
2015 Polish Presidential Elections Offer A Good Opportunity To Buy PKO BP
Advertisement
Financials ( PLN)
Sales 2016 11 430 M
EBIT 2016 5 423 M
Net income 2016 2 711 M
Debt 2016 -
Yield 2016 3,44%
P/E ratio 2016 12,35
P/E ratio 2017 11,69
Capi. / Sales 2016 2,82x
Capi. / Sales 2017 2,71x
Capitalization 32 288 M
More Financials
Chart POWSZECHNA KASA OSZCZEDNOS
Duration : Period :
Powszechna Kasa Oszczednos Technical Analysis Chart | PKO | PLPKO0000016 | 4-Traders
Full-screen chart
Technical analysis trends POWSZECHNA KASA O...
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 25,4  PLN
Spread / Average Target -1,5%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Zbigniew Stefan Jagiello President-Management Board
Piotr Sadownik Chairman-Supervisory Board
Bartosz Remigiusz Drabikowski Chief Financial Officer
Elzbieta Teresa Maczynska-Ziemacka Independent Member-Supervisory Board
Agnieska Winnik-Kalemba Deputy Chairman-Supervisory Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
POWSZECHNA KASA OSZCZE..-2.89%7 691
HSBC HOLDINGS PLC17.55%156 314
AGRICULTURAL BANK OF C..-0.31%150 405
AUSTRALIA AND NEW ZEAL..2.69%62 097
JAPAN POST BANK CO LTD-18.98%55 841
SHANGHAI PUDONG DEVELO..3.26%53 708
More Results