Erste Group planned PLN 713 offer for Santander Bank Polska stock

Published on 10/13/2026 at 09:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The offer targets more than 50 percent ownership and covers up to 26 percent. Santander Bank Polska stock was EUR 182.33 on October 13, 2026.

Key points in brief

Erste Group planned a PLN 713 cash offer for up to 26 percent of Erste Bank Polska, formerly Santander Bank Polska.
The offer would increase Erste Group's stake from 49 percent to more than 50 percent, with a 75 percent ceiling.
Santander Bank Polska stock was EUR 182.33 at Lang & Schwarz on October 13, 2026 at 9:48 a.m. CEST.
The first-half 2026 report showed PLN 2,200.73 million in net income and PLN 8,052.4 million in revenue.

Santander Bank Polska, PLBZ00000044, Illustration mit AI erstellt.

Santander Bank Polska stock was EUR 182.33 at Lang & Schwarz on October 13, 2026 at 9:48 a.m. CEST, while the bank is now branded Erste Bank Polska. On September 25, 2026, Erste Group announced plans for a cash offer of about PLN 713 per share covering up to an additional 26 percent of the Polish bank, according to Bankier.pl.

PLN 713 offer sets the frame

Erste Group already held 49 percent and said the proposed purchase would take its holding above 50 percent, but not beyond 75 percent. The structure preserves a free float of at least 25 percent, while regulatory approval from Poland's Financial Supervision Authority remains a condition of crossing the 50 percent voting threshold, Bankier.pl reported on September 25, 2026.

Three milestones reshape the bank

On January 9, 2026, Erste Group completed the transaction that made it the strategic majority shareholder, and on April 24, 2026, the bank completed its rebranding from Santander Bank Polska to Erste Bank Polska, according to stockd.

The September 25, 2026 offer plan is the latest of the three milestones. Its PLN 713 price is also the key market reference for shareholders assessing the proposed change in control, although the offer remains conditional on regulatory and free-float requirements, according to Bankier.pl.

What does the offer change?

The operating picture provides a second reference point. Erste Bank Polska reported PLN 8,052.4 million in revenue and PLN 2,200.73 million in net income for the first half of 2026, with the report also describing the integration period after the ownership change, stockd reported on September 25, 2026. The income figure gives the offer a concrete operating backdrop rather than making the transaction solely a change-of-control story.

October and November dates matter

stockd lists October 30, 2026 as the next report date. Bankier.pl says the tender offer is planned for the beginning of November 2026, with acceptance scheduled to last 30 days.

Quote stays at EUR 182.33

The stock was trading at EUR 182.33 at Lang & Schwarz on October 13, 2026 at 9:48 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Santander Bank Polska stock.