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mBank S.A. (MBK.WA)
| Previous close | 685.80 |
| Open | 682.80 |
| Bid | 686.20 x N/A |
| Ask | 689.60 x N/A |
| Day's range | 682.20 - 699.60 |
| 52-week range | 331.80 - 756.80 |
| Volume | |
| Avg. volume | 31,626 |
| Market cap | 29.14B |
| Beta (5Y monthly) | 1.18 |
| PE ratio (TTM) | 1,247.64 |
| EPS (TTM) | 0.55 |
| Earnings date | 10 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 23 May 2018 |
| 1y target est | 639.61 |
ReutersPoland's mBank hopes to offer 2% mortgage loan in September
GDANSK (Reuters) -Poland's mBank expects a drop in write-offs in future quarters from those in the second quarter, its chief executive said on Wednesday. CEO Cezary Stypulkowski also said the bank hopes to offer 2% mortgage loans in September, a special product with state subsidised instalments. An act on state aid for first-time homebuyers came into force in Poland on July 1.
ReutersCommerzbank to book further provision for mBank after court ruling
Germany's Commerzbank said on Friday that it would book another provision of 342 million euros ($372.27 million) following a court ruling on how banks treat Swiss franc loans in Poland. The new figure means that Commerzbank, which has extensive operations in Poland through its mBank, has provisioned or made payouts of more than 2 billion euros to deal with the issue. The issue, which has affected banks across Poland, stems from more than a decade ago, when mortgage customers took out loans in Swiss francs to take advantage of low Swiss interest rates, only to face far higher costs when the value of the Polish zloty slumped.
