Bank Pekao closed 2025 with its highest-ever consolidated net profit of PLN 7.015 billion, representing a 10% year-on-year increase. The excellent financial results stem from growing loan portfolio momentum, a strong commission result, and effective acquisition of business clients. President Cezary Stypułkowski signaled readiness to reorganize the PZU Group and further accelerate lending activity this year.

Record Net Profit

Bank Pekao earned over PLN 7.015 billion in 2025, a result 10% higher than the previous year.

Reorganization of the PZU Group

President Cezary Stypułkowski confirmed readiness for structural changes aimed at reversing the ownership relationship between the bank and the insurer.

Corporate Lending Expansion

The main growth driver was lending activity for enterprises, showing strong momentum due to improved macroeconomic conditions and investment demand.

Ambitious Forecasts for 2026

The bank's analysts predict economic acceleration to 4% GDP and a significant drop in inflation to 1.9% next year.

Bank Pekao presented breakthrough results for 2025, achieving a net profit of PLN 7.015 billion. This result surpasses the previous record from 2023, when the bank earned PLN 6.66 billion. The main success factors were a stable interest margin and double-digit volume growth in key strategic segments. In the fourth quarter alone, the bank generated PLN 1.824 billion, exceeding market analysts' expectations by 9%. President Cezary Stypułkowski emphasized that the institution is focusing on developing lending to small and medium-sized enterprises, noting a revival in investment demand. Pekao S.A. was founded in 1929 by the Ministry of Treasury to serve emigration, and in 2017 underwent a process of repolonization when PZU and PFR repurchased shares from the Italian group UniCredit.An important element of the bank's strategy is the planned reorganization of the PZU Group. Currently, PZU controls the bank, holding 20% of the shares. The project involves changing this structure by splitting the insurer into a holding company and an operational company, which is ultimately intended to create a strong banking-insurance group under Pekao's leadership. However, President Stypułkowski noted that finalizing the process depends on legislative decisions and approval from the Financial Supervision Authority. The bank has also adopted a Decarbonization Plan, integrating climate goals with the ESG risk management system. 7.02 billion PLN — was the consolidated net profit for 2025 Pekao economists also presented optimistic macroeconomic forecasts for Poland for 2026. They predict that GDP growth will reach 4%, while inflation falls to 1.9%. In such a favorable environment, the bank intends to continue its lending offensive, although management admits that repeating such a record profit in the next cycle may be challenging due to the expected drop in interest rates in spring 2026 to 3.25%. Bank Pekao: 2023: 6.66, 2024: 6.38, 2025: 7.02 [{"aspekt": "GDP Growth", "przed": "3.2% (2025)", "po": "4.0% (2026)"}, {"aspekt": "Annual Average Inflation", "przed": "3.6% (2025)", "po": "1.9% (2026)"}, {"aspekt": "Reference Rate", "przed": "5.75%", "po": "3.25%"}]

Mentioned People

  • Cezary Stypułkowski — President of the Management Board of Bank Pekao S.A., previously the long-time head of mBank.