BNP Paribas Bank Polska (BNP) investor relations material

Executive summary

• Q2 2026 delivered solid growth with net profit reaching PLN 600 million for the quarter and PLN 975 million for H1, despite a year-over-year decline in profit and earnings per share.

• Loan volumes grew in retail, corporate, and SME segments, with record sales in key retail products and a reversal of negative trends in SME loans.

• The client base expanded by 122,000 in retail banking, supporting the strategic goal of 1 million new clients by 2030.

• Strategic focus remains on growth, cost discipline, and maintaining high asset quality, with successful execution of strategic initiatives.

Financial highlights

• Net profit for Q2 was PLN 600 million, with H1 profit at PLN 975 million, up 60% quarter-over-quarter but down 18% year-over-year.

• Net banking income for Q2 2026 was PLN 2.025bn, up 3.1% quarter-over-quarter but down 3.3% year-over-year.

• Net interest income stabilized at PLN 1.465bn in Q2, with a 1.3% increase quarter-over-quarter and a 0.6% decrease year-over-year.

• Cost-to-income ratio, excluding regulatory costs, slightly improved and remained stable quarter-over-quarter.

• One-off events, including two large transactions and the impact of ECJ/CJEU judgments, influenced results.

Outlook and guidance

• The bank expects continued growth in a favorable macroeconomic environment, with a focus on executing the Accelerate 2030 strategy and technological/process optimizations.

• Cautious optimism is maintained due to geopolitical, regulatory, and legal uncertainties, especially CHF mortgage litigation.

• No expectation of unfavorable surprises in credit risk for H2; strong liquidity and capital positions are expected to be maintained.