Bank Pekao added POLSTR mortgages and Pekao stock sat 7.84 percent below its high

Published on 10/13/2026 at 10:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pekao added POLSTR 1M mortgages on September 30, 2026. Pekao stock was EUR 60.06 on October 13, 2026, while PLN 263.50 sat 7.84 percent below its high.

Bank Pekao introduced mortgage products based on the one-month compounded POLSTR benchmark on September 30, 2026.
First-half 2026 net profit fell to PLN 2.75 billion from PLN 3.29 billion, while fee income rose 11.00 percent to PLN 1.66 billion.
Pekao stock was EUR 60.06 at Lang & Schwarz on October 13, 2026 at 10:37 a.m. CEST.
The Warsaw-listed stock was PLN 263.50, 7.84 percent below its 52-week high of PLN 285.90, with a market capitalization of PLN 69.2 billion.

Pekao, PLPEKAO00016, Illustration mit AI erstellt.

Bank Pekao added mortgage products based on the POLSTR 1M compounded benchmark on September 30, 2026, while Pekao stock stood 7.84 percent below its PLN 285.90 52-week high at a Warsaw price of PLN 263.50 on October 13, 2026. The euro reference price was EUR 60.06 at Lang & Schwarz at 10:37 a.m. CEST.

Three events shape the story

On July 30, 2026, Bank Pekao reported first-half net profit of PLN 2.75 billion, down from PLN 3.29 billion a year earlier. The Industry Spread linked the decline to a corporate tax rate increase to 30.00 percent from 19.00 percent, lower market interest rates and PLN 84.00 million in higher Bank Guarantee Fund contributions.

On September 16, 2026, Pekao provided term financing of up to PLN 2.00 billion for Grupa Kety's purchase of Italian aluminum producer Grupa Metra, according to BIZNES24. On September 30, 2026, the bank said its new mortgage products would use the one-month compounded POLSTR benchmark and a fixed bank margin, as BIZNES24 reported.

What does payment investment mean for costs?

The payment infrastructure decision matters because Pekao's first-half cost-to-income ratio stood at 36.40 percent, against a 2027 target below 35.00 percent. Fee income rose 11.00 percent year over year to PLN 1.66 billion, offering a quantified counterweight to net interest income of PLN 6.61 billion, down from PLN 6.86 billion, according to The Industry Spread. The figures frame the switch as an operating-efficiency decision rather than only a technology purchase.

Next date is October 29

Bank Pekao's investor calendar lists October 29, 2026, for the consolidated third-quarter report. Bank Pekao identifies the report as the next scheduled quarterly publication, giving investors a defined checkpoint for the tax burden, fee growth and cost-to-income target.

Stock remains below its yearly high

On October 13, 2026, the Warsaw-listed share was PLN 263.50, down 7.84 percent from its PLN 285.90 52-week high, while the market capitalization stood at PLN 69.2 billion. The euro quote was trading at EUR 60.06 at Lang & Schwarz on October 13, 2026 at 10:37 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Pekao stock.