Erste, AT0000652011

Erste planned Polish stake increase: Erste stock sits 12.15 percent below its high

Published on 10/13/2026 at 10:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Erste plans to buy up to 26 percent of EBP for PLN 713. Erste stock costs EUR 111.40 on October 13, 2026 versus EUR 126.80 high.

Erste planned to raise its Erste Bank Polska stake from 49 percent to as much as 75 percent through a PLN 713 per-share offer announced on September 25, 2026.
The offer could cover up to 26 percent of the Polish bank and targets a post-offer CET1 ratio above 14.25 percent.
Erste stock was trading at EUR 111.40 at Lang & Schwarz on October 13, 2026 at 10:32 a.m. CEST, 12.15 percent below its EUR 126.80 52-week high.
Erste reported second-quarter 2026 net income of EUR 1.10 billion, up 19 percent year over year, according to a Prague Stock Exchange summary.

Erste, AT0000652011, Illustration mit AI erstellt.

Erste Group Bank AG (ISIN AT0000652011) planned to raise its stake in Erste Bank Polska from 49 percent to as much as 75 percent through a voluntary offer priced at PLN 713 per share. TradingView carried the company disclosure dated September 25, 2026. Erste stock was trading at EUR 111.40 at Lang & Schwarz on October 13, 2026 at 10:32 a.m. CEST, 12.15 percent below its EUR 126.80 52-week high.

Three milestones shape the expansion

For the first half of 2026, Erste reported net income of EUR 1.98 billion as of June 30, 2026, up 18.60 percent from the prior-year period, according to Puterea.

On July 30, 2026, the second-quarter result showed net income of EUR 1.10 billion, 19 percent above the comparable period, while operating profit increased 14 percent, according to a Prague Stock Exchange summary.

On September 25, 2026, Erste disclosed the Polish offer at PLN 713 per share, with a target to buy between 1 percent and 26 percent of Erste Bank Polska. The structure would leave at least 25 percent of the Polish bank in free float and requires regulatory approval.

What the Polish plan adds

The proposed transaction would deepen Erste's exposure to Poland while keeping the maximum ownership level at 75 percent. The company said it would use internal resources and target a post-offer Common Equity Tier 1 ratio above 14.25 percent, with the transaction expected to be earnings-per-share accretive from 2027, according to TradingView. The key investor question is therefore the balance between additional Polish earnings and the capital cushion retained after settlement.

Results date is October 30

Erste's investor-relations calendar lists October 30, 2026 for its third-quarter results. The offer is expected to launch at the start of November 2026 with a 30-day subscription period, while completion and settlement are anticipated in December 2026, according to Erste Group.

Stock remains below its yearly high

At EUR 111.40, the Lang & Schwarz price stood EUR 15.40 below the EUR 126.80 52-week high and EUR 29.65 above the EUR 81.75 low on October 13, 2026. The market capitalization was EUR 43.4 billion on the same date, giving the Polish expansion a substantial balance-sheet context without turning the offer into a standalone earnings forecast.

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