HPB stock fell 2.4 percent as Visa deal extends growth plan 2026

Published on 10/05/2026 at 16:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HPB stock fell 2.4 percent to EUR 330.00 on October 3, 2026, while its Visa partnership runs through March 2033. The bank is also absorbing Croatia Banka.

HPB, HRHPB0RA0002, Illustration mit AI erstellt.

HPB stock (ISIN HRHPB0RA0002) fell 2.4 percent to EUR 330.00 on October 3, 2026, leaving the Croatian bank with a market capitalization of EUR 668.1 million. The latest corporate signal is a six-year Visa partnership announced on September 24, 2026, which extends the card relationship through March 31, 2033.

Visa deal runs through 2033

According to Tportal on September 24, 2026, HPB and Visa signed a long-term agreement covering the bank's card portfolio. The contract starts on April 1, 2027, and runs for six years, with digitalization, transaction security and fraud prevention identified as key areas.

The agreement gives HPB a defined operating milestone rather than a short-term product announcement. Its commercial effect will depend on card-business growth and the conversion of the planned technology and security investment into customer activity.

Acquisition changes the scale

HPB is also advancing the purchase and integration of Croatia Banka. The Zagreb Stock Exchange lists HPB's September 4, 2026, notice on the agreement to merge Croatia Banka, while its September 1, 2026, filing records the completed share transaction Zagreb Stock Exchange. The transaction adds an inorganic-growth component to HPB's domestic expansion strategy.

That strategy is paired with large corporate lending. A September 8, 2026, report by Vecernji said HPB signed a EUR 2.13 billion long-term loan with Croatian motorways, described as the largest single lending deal in the bank's corporate history.

Stock valuation after the decline

At EUR 330.00 on October 3, 2026, HPB's equity value stood at EUR 668.1 million. The Zagreb Stock Exchange lists 2,024,625 shares and identifies HPB as a universal credit institution, with the Republic of Croatia holding 53.66 percent of the shares.

The exchange also lists a EUR 17.54 cash dividend payment for January 28, 2027, with the entitlement date on July 30, 2026. For investors, the central comparison is clear: a 2.4 percent share-price decline contrasts with a six-year Visa commitment and an acquisition-led expansion plan.

HPB stock holds a domestic profile

HPB trades on the Zagreb Stock Exchange under ticker HPB and is included in the CROBEX, CROBEXtr and CROBEX10 indices. Its 2026 agenda combines payment technology, bank consolidation and large infrastructure financing, giving the stock a distinctly domestic growth profile.