Pekao stock gains 2.02 percent as payment upgrade advances

Published on 09/30/2026 at 09:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pekao stock follows Bank Pekao's September 17, 2026 selection of Atleos's payment switch. First-half profit was PLN 2.75 billion, down from PLN 3.29 billion.

Pekao, PLPEKAO00016, Illustration mit AI erstellt.

Pekao (PLPEKAO00016) was trading at EUR 64.17 at Lang & Schwarz on September 30, 2026 at 9:31 a.m. CEST, up 2.02 percent versus the prior close of EUR 62.90. The move comes as Bank Pekao advances a card-payment infrastructure upgrade announced in September.

Payment platform adds a technology angle

According to Business Wire on September 17, 2026, Bank Pekao selected NCR Atleos's Authentic payment-switching platform for its card-processing infrastructure. The agreement covers card-payment operations and future innovation objectives, but the parties disclosed neither a contract value nor an implementation timeline.

The choice matters because payment processing sits directly between card authorization, routing and new services. The Industry Spread reported on September 21, 2026 that the platform decision followed Pekao's first-half profit pressure and could support the bank's cost and fee-income objectives.

First-half profit shows the counterweight

Pekao's first-half 2026 net profit fell to PLN 2.75 billion from PLN 3.29 billion in the first half of 2025, according to The Industry Spread. Net interest income declined to PLN 6.61 billion from PLN 6.86 billion, while fee income rose 11 percent year over year to PLN 1.66 billion.

The cost picture remains central to the technology investment. The bank reported a first-half cost-to-income ratio of 36.4 percent including the annualized Bank Guarantee Fund charge, compared with a 2027 strategic target below 35 percent. For investors, the platform decision therefore carries an efficiency test as well as a modernization narrative.

Next report date is October 29

Bank Pekao's investor-relations calendar lists October 29, 2026 for the consolidated quarterly report covering the third quarter of 2026, according to Bank Pekao. That report should provide the next dated checkpoint on whether fee growth and cost control are offsetting pressure on interest income.

Pekao stock trades higher in Warsaw

At Lang & Schwarz, Pekao stock was trading at EUR 64.17 on September 30, 2026 at 9:31 a.m. CEST, plus 2.02 percent versus the prior close of EUR 62.90. On the Warsaw Stock Exchange, the primary listing was quoted at PLN 278.90 at 9:18 a.m. CEST, while the 52-week range was PLN 172.00 to PLN 285.90 and market capitalization was PLN 73.2 billion, all as of September 30, 2026.