By Helgi Library - November 20, 2023
Bank Handlowy made a net profit of PLN 592 mil under revenues of PLN 1,136 mil in the third quarter of 2023, up 108% and 49.3...
By Helgi Library - November 20, 2023
Bank Handlowy made a net profit of PLN 592 mil under revenues of PLN 1,136 mil in the third quarter of 2023, up 108% and 49.3...
By Helgi Library - November 20, 2023
Bank Handlowy made a net profit of PLN 592 mil in the third quarter of 2023, up 108% when compared to the same period of last yea...
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By Helgi Library - November 20, 2023
Bank Handlowy made a net profit of PLN 592 mil in the third quarter of 2023, up 108% when compared to the same period of last year. This implies a return on equity of 27.2%. Historically, the bank’s net profit reached an all time high of PLN 612 mil in 2Q2023 and...
By Helgi Library - November 20, 2023
Bank Handlowy's net interest margin amounted to 4.60% in the third quarter of 2023, down from 4.66% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 5.05% in 4Q2022 and an all time low of 1....
By Helgi Library - November 20, 2023
Bank Handlowy's net interest margin amounted to 4.60% in the third quarter of 2023, down from 4.66% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 5.05% in 4Q2022 and an all time low of 1....
By Helgi Library - November 20, 2023
Bank Handlowy generated total banking revenues of PLN 1,136 mil in 2023-09-30, down 1.25% compared to the previous year. Polish banking sector banking sector generated total revenues of PLN 29,996 mil in 2023-09-30, up 12.5% when compared to the last ...
By Helgi Library - November 20, 2023
Bank Handlowy generated total banking revenues of PLN 1,136 mil in 2023-09-30, down 1.25% compared to the previous year. Polish banking sector banking sector generated total revenues of PLN 29,996 mil in 2023-09-30, up 12.5% when compared to the last ...
By Helgi Library - November 20, 2023
Bank Handlowy's customer deposits reached PLN 50,347 mil in 2022-09-30, up 9.49% compared to the previous year. Polish banking sector accepted customer deposits of PLN 1,947 bil in 2022-09-30, up 2.40% when compared to the last year. Bank Handlowy account...
By Helgi Library - November 20, 2023
Bank Handlowy's customer deposits reached PLN 50,347 mil in 2022-09-30, up 9.49% compared to the previous year. Polish banking sector accepted customer deposits of PLN 1,947 bil in 2022-09-30, up 2.40% when compared to the last year. Bank Handlowy account...
By Helgi Library - November 20, 2023
Bank Handlowy's mortgage loans reached PLN 2,145 mil in 3Q2023, up 2.24% compared to the previous year. Polish banking sector provided mortgage loans of PLN 443 in 3Q2023, down 0.552% when compared to the last year. Bank Handlowy accounted for 0.484% of a...
By Helgi Library - November 20, 2023
Bank Handlowy's mortgage loans reached PLN 2,145 mil in 3Q2023, up 2.24% compared to the previous year. Polish banking sector provided mortgage loans of PLN 443 in 3Q2023, down 0.552% when compared to the last year. Bank Handlowy accounted for 0.484% of a...
By Helgi Library - November 20, 2023
Bank Handlowy's retail deposits reached PLN 18,212 mil in 2022-09-30, up 2.80% compared to the previous year. Polish banking sector accepted retail deposits of PLN 973 bil in 2022-09-30, up 2.72% when compared to the last year. Bank Handlowy accounted for...
Bank Handlowy is a Poland-based commercial bank. It offers its products and services under Citibank Handlowy brand such as checking, or savings accounts, loans, insurance, and credit cards specifically targeted to individuals, small companies, and large companies. The bank was created by the 2001 merger of Bank Handlowy w Warszawie, Poland's oldest bank founded in 1870, and Citibank (Poland). The Bank's parent entity is Citibank Overseas Investment Corporation (COIC) holding 75% in the bank.
Bank Handlowy has been growing its revenues and asset by 2.32% and 4.84% a year on average in the last 10 years. Its loans and deposits have grown by 2.91% and 7.82% a year during that time and loans to deposits ratio reached 42.8% at the end of 2022. The company achieved an average return on equity of 10.2% in the last decade with net profit growing 4.68% a year on average. In terms of operating efficiency, its cost to income ratio reached 36.7% in 2022, compared to 52.2% average in the last decade.
Equity represented 11.4% of total assets or 36.8% of loans at the end of 2022. Bank Handlowy's non-performing loans were 3.97% of total loans while provisions covered some 95.9% of NPLs at the end of 2022.
Bank Handlowy stock traded at per share at the end of 2022 resulting in a market capitalization of . Over the previous three years, stock price rose by 0% or 0% a year on average. That’s compared to an average ROE of 11.5% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 6.39x and price to book value (PBV) of 1.24x in 2022.
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