Pekao made a net profit of PLN 1,719 mil in 2022, down 21.0% compared to the previous year. This implies a return on equity of 7.38%.
Historically, the bank’s net profit reached an all time high of PLN 3,528 mil in 2008 and an all time low of PLN 172 mil in 1999. The average profit in the last five years amounted to PLN 1,889 mil.
The bank generated its shareholders an average return on equity of 7.99% in the last five years with maximum at 9.62% and minimum at 4.76%
Comparing Pekao with its closest peers, PKO BP generated a net profit of PLN 3,312 mil with ROE of 9.02% in 2022, Santander Bank Polska netted PLN 3,009 mil (ROE of 10.5%) and ING Bank Slaski announced a net profit of PLN 1,944 mil implying ROE of 16.8%.
Pekao has been ranked th within the group of banks we follow in terms of return on equity in 2022.
You can see all the bank’s data at Pekao Profile, or you can download a report on the bank in the report section.