Bank Handlowy w Warszawie SA Reports Strong Q4 2024 Earnings
Bank Handlowy w Warszawie SA, a prominent financial institution based in Warsaw, Poland, has announced strong earnings for the fourth quarter of 2024. The company, which operates both domestically and internationally, provides a comprehensive range of banking services to individual and corporate clients. It is segmented into two main sections: Institutional Bank and Consumer Bank.
The company’s stock performance has been notable, with a 52-week price range between 85 PLN and 121 PLN. As of May 5, 2025, the closing price was 117.8 PLN. The price-to-earnings ratio is currently 8.72, and the price-to-book ratio stands at 1.55, reflecting a stable financial position.
Bank Handlowy w Warszawie SA offers a variety of transaction services, including cash management products such as deposits and current accounts, micro deposits, liquidity management products, payments and receivables processing, card products, and European Union-oriented advisory services. Additionally, the company provides trade finance products and custody services. It also engages in brokerage and leasing activities, with treasury products available on financial and commodity markets, including cash loans, mortgage loans, and credit cards.
The institution extends its services to investment banking, asset management, and cash management, acting as an agent in the sale of investment and insurance products. Internet and mobile banking services are available, along with proprietary transactions in equity, debt, and derivative instruments markets. The company serves a diverse clientele, including business entities, local government units, the public sector, individuals, micro-enterprises, and individual entrepreneurs.
As of December 31, 2018, Bank Handlowy w Warszawie SA operated a network of 23 branches. Founded in 1870, the company is a subsidiary of Citibank Overseas Investment Corporation and is listed on the Warsaw Stock Exchange. For more information, visit their website at www.citibank.pl .