Fitch upgraded Alior Bank to BBB- as Alior Bank stock is valued at PLN 17.2 billion

Published on 10/13/2026 at 09:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

H1 2026 net income fell 31.10 percent to PLN 769.82 million. Alior Bank stock costs EUR 29.89 on October 13, 2026, with PLN 17.2 billion market value.

Fitch upgraded Alior Bank's long-term rating from BB+ to BBB- on September 30, 2026.
H1 2026 net income fell 31.10 percent to PLN 769.82 million as the bank tax rate rose from 19 percent to 30 percent.
Alior Bank stock was trading at EUR 29.89 at Lang & Schwarz on October 13, 2026, while market capitalization stood at PLN 17.2 billion.
The investor calendar lists an Extraordinary General Meeting on October 20, 2026, and third-quarter results on October 27, 2026.

Alior Bank, PLALIOR00045, Illustration mit AI erstellt.

Alior Bank (ISIN PLALIOR00045) was valued at PLN 17.2 billion on October 13, 2026, after Fitch upgraded its long-term rating to BBB- from BB+ on September 30, 2026, according to Bankier.pl. At 9:37 a.m. CEST, the stock was trading at EUR 29.89 at Lang & Schwarz.

Three events shaped 2026

On August 4, 2026, Alior Bank reported H1 2026 revenue of PLN 2.86 billion and net income of PLN 769.82 million, according to stockd. On September 29, 2026, the bank announced a senior eurobond issue with a nominal value of up to EUR 500 million, according to Bankier.pl. On September 30, 2026, Fitch raised the long-term national rating to A(pol) from A-(pol) alongside the investment-grade upgrade.

What does the upgrade change?

The rating move gives the bank an investment-grade long-term issuer assessment, with a stable outlook. Fitch linked the decision to a more balanced business mix, improved asset quality and progress in addressing legacy issues, while also citing above-average margins, reasonable cost efficiency and stabilizing costs of risk in the medium term.

The H1 comparison carries a clear pressure point: net income fell 31.10 percent year over year to PLN 769.82 million. The stockd analysis attributes the decline mainly to the increase in the bank tax rate from 19 percent to 30 percent in 2026.

Two October dates matter

Alior Bank's investor calendar lists an Extraordinary General Meeting for October 20, 2026, followed by publication of the consolidated quarterly report for the third quarter of 2026 on October 27, 2026, according to Alior Bank. The sequence puts governance decisions before the next earnings update.

EUR 29.89 at Lang & Schwarz

Alior Bank stock was trading at EUR 29.89 at Lang & Schwarz on October 13, 2026 at 9:37 a.m. CEST, while market capitalization stood at PLN 17.2 billion. The further course of trading is shown by the continuously updated real-time quote of Alior Bank stock.