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mBank

mBank's net interest margin rose 189% yoy to 4.17% in 3Q2023

By Helgi Library - November 1, 2023

mBank's net interest margin amounted to 4.17% in the third quarter of 2023, up from 4.09% when compared to the previous quarter....

mBank's customer deposits rose 9.66% yoy to PLN 176,662 mil in 2Q2023

By Helgi Library - August 8, 2023

mBank's customer deposits reached PLN 176,662 mil in 2023-06-30, down 2.35% compared to the previous year. Polish banking secto...

mBank's total revenues rose 24.7% yoy to PLN 2,695 mil in 2Q2023

By Helgi Library - August 8, 2023

mBank generated total banking revenues of PLN 2,695 mil in 2023-06-30, up 7.74% compared to the previous year. Polish bank...

Profit Statement
Balance Sheet
Ratios
Valuation

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income statement Unit Oct 2025 Sep 2023
growth rates    
Net Interest Income Growth % ...  
ratios Unit Oct 2025 Sep 2023
     
ROTE % ...  
Return on Loans %   ...
Costs (As % Of Loans) %   ...

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mBank's mortgage loans fell 9.89% yoy to PLN 44,478 mil in 3Q2023

By Helgi Library - November 22, 2023

mBank's mortgage loans reached PLN 44,478 mil in 3Q2023, down 1.20% compared to the previous year. Polish banking sector provided mortgage loans of PLN 443 in 3Q2023, down 0.552% when compared to the last year. mBank accounted for 10.0% of all mortgage lo...

mBank's retail deposits rose 14.6% yoy to PLN 125,925 mil in 2Q2023

By Helgi Library - September 14, 2023

mBank's retail deposits reached PLN 125,925 mil in 2023-06-30, down 2.42% compared to the previous year. Polish banking sector accepted retail deposits of PLN 1,068 bil in 2023-06-30, up 1.91% when compared to the last year. mBank accounted for 11.8% of a...

mBank's price/earnings (P/E) fell 5,333% yoy to -50.6 in 3Q2023

By Helgi Library - November 1, 2023

mBankxx stock traded at PLN 395 per share at the end third quarter of 2023 implying a market capitalization of USD 3,842 mil. Since the end of 3Q2018, the stock has depreciated by -11.7 % implying an annual average growth of -2.45 %. In absolute terms, the value of th...

mBank's employees rose 3.29% yoy to 7,218 in 3Q2023

By Helgi Library - November 1, 2023

mBank employed 7,218 persons in 2023-09-30, up 0.664% when compared to the previous year. Historically, the bank's workforce hit an all time high of 8,136 persons in 2011-06-30 and an all time low of 4,404 in 2006-03-31. Average cost reached USD 3,986 per month p...

mBank's customer loans fell 6.19% yoy to PLN 118,319 mil in 2Q2023

By Helgi Library - August 8, 2023

mBank's customer loans reached PLN 118,319 mil in 2023-06-30, down 2.64% compared to the previous year. Polish banking sector provided customer loans of PLN 1,584 in 2023-06-30, down 0.064% when compared to the last year. mBank accounted for 7.47% of all ...

mBank's retail loans fell 9.59% yoy to PLN 68,155 mil in 2Q2023

By Helgi Library - September 14, 2023

mBank's retail loans reached PLN 68,155 mil in the second quarter of 2023, down 2.95% compared to the previous year. Polish banking sector provided retail loans of PLN 722 bil in 2Q2023, down 0.570% when compared to the last year. mBank accounted for 9.44...

mBank's net profit rose 96.4% yoy to PLN -83.0 mil in 3Q2023

By Helgi Library - November 1, 2023

mBank made a net profit of PLN -83.0 mil in the third quarter of 2023, up 96.4% when compared to the same period of last year. This implies a return on equity of -2.45%. Historically, the bank’s net profit reached an all time high of PLN 835 mil in 4Q2022 and an ...

mBank's net interest income rose 210% yoy to PLN 2,285 mil in 3Q2023

By Helgi Library - November 1, 2023

mBank generated total banking revenues of PLN 2,708 mil in the third quarter of 2023, up 151% when compared to the same period of last year and 0.456% when compared to the previous quarter. Historically, the bank’s revenues containing of interest, fee and...

mBank's net profit rose 96.4% yoy to PLN -83.0 mil in 3Q2023

By Helgi Library - November 1, 2023

mBank made a net profit of PLN -83.0 mil under revenues of PLN 2,708 mil in the third quarter of 2023, up 96.4% and 151% respectively when compared to the same period last year. Historically, the bank’s net profit reached an all time high of PLN 835 mil in 4Q...

mBank's corporate deposits rose 1.79% yoy to PLN 50,215 mil in 2Q2023

By Helgi Library - November 1, 2023

mBank's corporate deposits reached PLN 50,215 mil in 2023-06-30, down 2.11% compared to the previous year. Polish banking sector accepted corporate deposits of PLN 634 bil in 2023-06-30, up 0.855% when compared to the last year. mBank accounted for 7.92% ...

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mBank (formerly known as BRE Bank) is a Poland-based commercial bank. The Bank’s customer base includes 5.6 mil retail customers and 25 thousand corporations. The bank was established in 1986 as a small specialised bank, but the bank’s business profile changed substantially in late 2000 when BRE Bank launched its retail banking arm: mBank, the first Internet bank in Poland for mass clients and micro-enterprises. The domestic success of mBank meant that in 2007, the retail banking arm expanded abroad: mBank outlets were set up in the Czech Republic and Slovakia. Apart from offering the traditional banking services, mBank offers a wide range of other services such as leasing, factoring, brokerage and insurance

Finance

mBank has been growing its revenues and asset by % and % a year on average in the last 3 years. Its loans and deposits have grown by % and % a year during that time and loans to deposits ratio reached at the end of 2022. The company achieved an average return on equity of % in the last three years with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached in 2022, compared to % average in the last three years.

Equity represented of total assets or of loans at the end of 2022. mBank's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2022.

Valuation

mBank stock traded at per share at the end of 2022 resulting in a market capitalization of . Over the previous three years, stock price rose by 0% or 0% a year on average. That’s compared to an average ROE of % the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of x and price to book value (PBV) of x in 2022.