Polish banks reported a net profit of nearly 48.7 billion PLN for the year 2025, exceeding initial forecasts significantly.
The National Bank of Poland announced that the net profit of the banking sector for the year 2025 reached almost 48.7 billion PLN, marking a 21.5% increase year-over-year. This figure was significantly higher than previous estimates by the Polish Bank Association, which projected profits between 44 to 46 billion PLN. In the fourth quarter alone, banks earned 12.6 billion PLN, showing a substantial year-over-year increase of 40%. This growth indicates a robust performance in the banking sector despite economic uncertainties.
Notably, mBank revealed profits exceeding one billion PLN in the fourth quarter and a total profit of 3.5 billion PLN for the entire year 2025. Other banks, including Santander BP, ING Bank ÅšlÄ…ski, and BNP Paribas BP, also reported record profits that were generally higher than analysts' expectations, with some institutions noting net profit increases of 50-60% compared to the previous year. This trend reflects a strong operating environment for these banks, marking a remarkable year for the sector.
The continued high profitability of banks is particularly surprising given the declining interest rates observed throughout the year 2025. The Monetary Policy Council had anticipated these lower rates would dampen bank earnings, yet the sector has defied expectations, suggesting underlying strength and effective management within the banks. This performance could have implications for future lending practices and regulatory considerations in the Polish banking landscape, as policymakers may re-evaluate the sustainability of such profit margins in a lower interest rate environment.
