PZU stock trades at EUR 16.94 ahead of November 19 results

Published on 10/19/2026 at 09:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half net profit was PLN 3.01 billion, down 6.80 percent year on year. PZU stock costs EUR 16.94 on October 19, 2026, before November 19 results.

Insurance and reporting calendar

PZU reported PLN 3.01 billion in net profit for the first half of 2026 on August 20, 2026.
The life insurance margin reached 27.20 percent in the first half of 2026.
PZU stock traded at EUR 16.94 at 9:04 a.m. CEST at Lang & Schwarz on October 19, 2026.

PZU, PLPZU0000011, Illustration mit AI erstellt.

PZU (ISIN PLPZU0000011) was trading at EUR 16.94 at Lang & Schwarz on October 19, 2026 at 9:04 a.m. CEST, before the company's next scheduled results. The investor-relations calendar lists the third-quarter report for November 19, 2026, according to PZU.

Three dates shape the story

On May 29, 2026, PZU and LINK4 announced one merger plan, a step in simplifying the group structure, according to PZU. On August 20, 2026, the group published first-half results showing PLN 3.01 billion in net profit attributable to shareholders, compared with PLN 3.23 billion a year earlier, as reported by Moat Explorer. On October 19, 2026, the euro quote stood at EUR 16.94 before the Xetra open.

What does 27.20 percent mean?

The first-half figures show a split operating picture. Insurance revenue rose 2.80 percent to PLN 15.65 billion, while net profit fell 6.80 percent to PLN 3.01 billion, according to Moat Explorer. The insurance service result increased to PLN 2.29 billion from PLN 2.16 billion, and the life insurance margin reached 27.20 percent, up from 26.10 percent.

Underwriting also provided a counterweight to weaker banking contributions. PZU's non-life combined ratio was 87.90 percent in the first half, while the second-quarter contribution from Pekao and Alior fell to PLN 426 million from PLN 526 million a year earlier. The contrast gives the November report a clear test: whether insurance growth can continue to offset pressure from the banking businesses.

Upcoming dates and valuation

The next two scheduled investor dates are November 19, 2026, for the third-quarter financial report, and December 1, 2026, for the institutional-investor conference, according to PZU. The Warsaw-listed insurer had a market capitalization of PLN 64.1 billion as of October 16, 2026, while its 52-week range was PLN 54.64 to PLN 77.20.

Price before the results

The pre-market euro quote places PZU below its recent high in the Polish market, while the upcoming report provides the next dated catalyst for investors. The key question is whether the 27.20 percent life margin and the 87.90 percent combined ratio remain visible in the third-quarter numbers.

PZU stock was trading at EUR 16.94 at Lang & Schwarz on October 19, 2026 at 9:04 a.m. CEST.

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