Fitch upgraded Alior Bank while Alior Bank stock trades at EUR 29.64

Published on 10/09/2026 at 14:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income fell 31.10 percent to PLN 769.82 million in first half of 2026. Alior Bank stock costs EUR 29.64 on October 9, 2026 after EUR 29.60.

Key points in brief

Fitch lifted Alior Bank's long-term rating from BB+ to BBB- on September 30, 2026.
First-half 2026 revenue reached PLN 2.86 billion and net income fell 31.10 percent to PLN 769.82 million.
Alior Bank stock was at EUR 29.64 at Lang & Schwarz on October 9, 2026, plus 0.14 percent versus EUR 29.60.
Alior Bank plans an Extraordinary General Meeting on October 20, 2026, followed by third-quarter results on October 27, 2026.

Alior Bank, PLALIOR00045, Illustration mit AI erstellt.

Alior Bank (ISIN PLALIOR00045) was trading at EUR 29.64 at Lang & Schwarz on October 9, 2026 at 2:33 p.m. CEST, up 0.14 percent versus the prior close of EUR 29.60. On September 30, 2026, Fitch upgraded the bank's long-term rating from BB+ to investment-grade BBB-, as reported by Bankier.pl.

Three milestones shape the story

On August 4, 2026, Alior Bank reported PLN 2.86 billion of revenue and PLN 769.82 million of net income for the first half of 2026, according to Stockd. On September 29, 2026, the bank approved senior eurobonds with a nominal value of up to EUR 500.00 million, reported Bankier.pl. On September 30, 2026, Fitch raised the long-term national rating from A-(pol) to A(pol) and kept the outlook stable, according to the same regulatory report published by Bankier.pl.

What changed in the first half?

The first-half figures show a mixed operating picture. Revenue was PLN 2.86 billion, while net income declined 31.10 percent to PLN 769.82 million year over year, according to Stockd.

The same report put return on equity at 12.20 percent and the non-performing loan ratio at 5.16 percent, down from 6.69 percent year over year. The lower loan-loss ratio supports Fitch's view that asset quality and the business profile have improved, while the earnings decline keeps profitability under scrutiny.

Fitch also cited above-average margins, reasonable cost efficiency and stabilizing costs of risk as support for structural profitability. The rating action therefore adds a credit-quality milestone to a financial profile in which first-half net income remained under pressure.

What comes next for the bank?

Alior Bank's investor calendar lists an Extraordinary General Meeting for October 20, 2026, at 10:00 a.m. CEST and publication of the consolidated third-quarter report for October 27, 2026, according to the bank's Alior Bank investor-relations page.

The October 27 report will provide the next direct test of the bank's earnings trend after the PLN 769.82 million first-half result. The October 20 meeting comes first and gives shareholders a scheduled governance event before the next financial update.

Stock trades at EUR 29.64

Alior Bank has a market capitalization of PLN 16.9 billion as of October 9, 2026, while its primary Warsaw Stock Exchange quote sits within a PLN 99.04 to PLN 143.70 52-week range. Its current Lang & Schwarz price is EUR 29.64, up 0.14 percent from the EUR 29.60 prior close dated October 8, 2026.

The combination of a BBB- long-term rating, a potential EUR 500.00 million bond issue and a 31.10 percent first-half net-income decline leaves the October reporting date as the next major numerical checkpoint. The further course of trading is shown by the continuously updated real-time quote of Alior Bank stock.