Erste, AT0000652011

Erste Group plans PLN 713 offer: Erste Group stock sits 12.74 percent below high

Published on 10/09/2026 at 11:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter net income reached EUR 1.10 billion on July 30, 2026. Erste Group stock costs EUR 110.65 on October 9, 2026 after EUR 110.50.

Key points in brief

Erste Group plans a voluntary tender offer for Erste Bank Polska at PLN 713 per share and could raise its stake from 49 percent to as much as 75 percent.
Second-quarter 2026 net income reached EUR 1.10 billion, compared with EUR 1.08 billion consensus.
Erste Group stock was trading at EUR 110.65 at Lang & Schwarz on October 9, 2026, up 0.14 percent versus the prior close.

Erste, AT0000652011, Illustration mit AI erstellt.

Erste Group (ISIN AT0000652011) plans a voluntary tender offer for Erste Bank Polska at PLN 713 per share, while Erste Group stock stood 12.74 percent below its EUR 126.80 yearly high on October 9, 2026. As TradingView reported on September 25, 2026, the offer could increase Erste Group's existing 49 percent holding by up to an additional 26 percent.

Three dated corporate moves

On July 30, 2026, Erste Group reported second-quarter revenue of EUR 4.02 billion and net income of EUR 1.10 billion. The reported net income stood above the EUR 1.08 billion consensus shown in Zonebourse data for the period.

On September 15, 2026, EQS reported that Lukas Enzersdorfer-Konrad would join the group in the first quarter of 2027 to lead a new asset-management function serving eight core markets and 23 million customers.

On September 25, 2026, Erste Group said the Polish offer could lift ownership above 50 percent without exceeding 75 percent. The proposed PLN 713 price is linked to the three-month volume-weighted average price before the planned filing date.

What does the Poland offer change?

The transaction would deepen Erste Group's exposure to Poland while keeping the financial commitment tied to internal funding, according to TradingView. The release also set a post-offer CET1 target above 14.25 percent and said the increased stake is expected to be earnings-per-share accretive from 2027.

Barclays target reaches EUR 135

Barclays raised its target for Erste Group from EUR 130.00 to EUR 135.00 on September 14, 2026, while confirming an Overweight rating, Wiener Börse reported. The bank's 2026 earnings-per-share estimate was EUR 10.66, and its 2026 dividend estimate was EUR 4.30.

Next result date is October 30

Erste Group's next scheduled reporting date is October 30, 2026, when the bank is due to publish third-quarter results, according to its Erste Group investor-relations page.

Stock holds above EUR 110

Erste Group stock was trading at EUR 110.65 at Lang & Schwarz on October 9, 2026 at 11:03 a.m. CEST, plus 0.14 percent versus the prior close of EUR 110.50. The current quote implies a market capitalization of EUR 42.9 billion, while the finance-data 52-week range is EUR 81.75 to EUR 126.80 as of October 9, 2026. The further course of trading is shown by the continuously updated real-time quote of Erste stock.