The call reflects a cautiously optimistic outlook for Pekao S.A., emphasizing economic growth and strategic positioning in corporate banking. However, challenges in the retail sector, regulatory risks, and cost of risk in the corporate sector present notable concerns.
Company Guidance
During the Q3 2024 earnings call for Pekao Group, guidance for the upcoming year and beyond was outlined with several key metrics. Ernest Pytlarczyk, an executive, projected a potential reduction in interest rates by approximately 100 basis points, impacting the bank's interest rate sensitivity, which is estimated at 20 to 30 basis points on the net interest margin (NIM) per 100 basis points change in rates. The economic growth rate is expected to rebound to around 4% GDP in the following year, while inflation is softening at an unfavorable level. The discussion also highlighted significant investment opportunities in energy transformation and infrastructure, with expectations of double-digit growth dynamics by 2026-2027. Additionally, the bank aims to maintain its non-performing loan (NPL) ratio below 5% and continue its focus on large transformational projects, emphasizing the importance of preparing resources and competencies to capitalize on these prospects.
Economic Growth and Infrastructure Investment
The economy is expected to rebound with a 4% GDP growth next year. There is a focus on large transformational projects including energy transformation and green transformation, with projected high dynamics in 2026-2027.
Bank's Strategic Position
Pekao S.A. is identified as having a strong position in corporate banking with a high level of expertise. The bank is considered a classical, non-biased universal bank with ambitions to distinguish itself in the retail sector.
Interest Rate Sensitivity
The bank is managing interest rate sensitivity effectively, with measures to minimize the impact of rate changes on net interest margin (NIM).
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BANK POLSKA KASA OPIEKI SA (BKPKF) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BKPKF Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 07, 2024
$35.63
$38.92
+9.23%
Aug 08, 2024
$36.55
$35.77
-2.13%
Apr 30, 2024
$42.59
$41.81
-1.83%
Feb 22, 2024
$42.07
$42.52
+1.07%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does BANK POLSKA KASA OPIEKI SA (BKPKF) report earnings?
BANK POLSKA KASA OPIEKI SA (BKPKF) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is BANK POLSKA KASA OPIEKI SA (BKPKF) earnings time?
BANK POLSKA KASA OPIEKI SA (BKPKF) earnings time is at Feb 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.