Bank Handlowy stock was last at PLN 120 below analyst target

Published on 10/04/2026 at 17:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank Handlowy stock was last at PLN 120 on October 2, while five analysts set a Neutral consensus and a PLN 116.44 average target. Q2 profit reached PLN 321 million.

Bank Handlowy, PLBH00000012, Illustration mit AI erstellt.

Bank Handlowy stock was last at PLN 120 on GPW on October 2, 2026, with the bank valued at PLN 15.6 billion. The price stood above the average analyst target of PLN 116.44, while the latest quarterly figures showed PLN 321 million in net profit.

Analysts see limited upside

According to Investing.com, five analysts give Bank Handlowy a Neutral consensus, with four Holds, one Sell and zero Buy ratings. Their average 12-month price target is PLN 116.44, compared with a high of PLN 130 and a low of PLN 102.

The market price therefore sits above the published average target, putting valuation expectations and dividend capacity at the center of the share story. The stock's 52-week range runs from PLN 99.10 to PLN 136.80, leaving the October 2 price PLN 16.80 below the yearly high.

Q2 profit stayed substantial

As Yahoo Finance reported from the Q2 2026 earnings call, total revenue reached PLN 878 million and net profit reached PLN 321 million. Management also reported ROE of 21 percent, loans growing 16 percent year over year and deposits increasing 12 percent year over year.

The operating mix is changing after the completed sale of the consumer business. The earnings call described institutional banking as the bank's growth platform, while corporate client lending rose 22 percent year over year and deposits surpassed PLN 47 billion in Q2 2026.

Buyback adds a capital signal

Bankier.pl reported that Bank Handlowy bought 59,319 own shares between September 14 and September 18, 2026, for PLN 7,039,550.40. The average purchase price was PLN 118.67277601 per share, and the purchases represented 0.0453996 percent of the bank's share capital.

The buyback is linked to employee incentive programs rather than a broad capital return announcement. For investors, that distinction matters because the stock combines a Neutral consensus with a recent quarterly ROE of 21 percent and a market price above the average analyst target.

Bank Handlowy stock holds at PLN 120

Bank Handlowy stock was last at PLN 120 on GPW on October 2, 2026, at 5:02 p.m. CEST. The session change was 0.00 percent, with volume of 30,999 shares and a day range of PLN 119 to PLN 120.40.