NBP reports banking sector profit. Another 20%+ increase

The net profit of the banking sector in the period January-May 2025 amounted to PLN 20.86 billion, i.e. increased by 20.41% y/y - informed the National Bank of Poland.
Interest income after May 2025 increased by approximately 7.91% year-on-year to approximately PLN 75.32 billion, and interest costs increased by approximately 5.92% to approximately PLN 28.92 billion.
Fee and commission revenues amounted to approximately PLN 10.97 billion, up 1.68% year-on-year, while related costs increased by 3.19%.
Total net operating revenues after May 2025 amounted to approximately PLN 58.12 billion, which means an increase of 11.97% year-on-year.
Administrative costs amounted to approximately PLN 23.28 billion, which is 10.24 per cent higher than a year ago, including an 8.97 per cent year-on-year increase in staff costs.
Depreciation amounted to approximately PLN 2.26 billion, increasing by 4.72% year-on-year.
Write-offs (impairment or reversal of impairment on financial assets not measured at fair value with the valuation effect recognised in the profit and loss account) amounted to PLN 1.77 billion, down 20.05% year-on-year.
The reserve position or reversal of reserves amounted to PLN 2.3 billion compared to approximately PLN 2.16 billion a year earlier. (PAP Biznes)
mcb/ ana/

bankier.pl