Erste Group clears tender path for Santander Bank Polska stock

Published on 10/26/2026 at 11:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The offer covers 1.00 to 26.00 percent at PLN 713.60 per share. Santander Bank Polska stock costs EUR 169.08 on October 26, 2026.

Tender terms and ownership

KNF approved a majority step for Erste Group on October 23, 2026, allowing ownership above 50.00 percent.
The proposed offer covers up to 26.00 percent of the bank at PLN 713.60 per share.
Santander Bank Polska stock traded at EUR 169.08 at 11:19 a.m. CEST at Lang & Schwarz on October 26, 2026.

Santander Bank Polska, PLBZ00000044, Illustration mit AI erstellt.

Santander Bank Polska (ISIN PLBZ00000044) was trading at EUR 169.08 at Lang & Schwarz on October 26, 2026 at 11:19 a.m. CEST. On October 23, 2026, Poland's Financial Supervision Authority approved Erste Group's purchase of enough shares to cross 50.00 percent, Cashless reported.

Ownership change moves closer

The approval removes a regulatory condition for Erste Group's voluntary tender offer for the bank, which now operates as Erste Bank Polska. The company's investor-relations page identifies the current institution as Erste Bank Polska and Santander Bank Polska as its previous name, Santander Bank Polska states.

Chronology adds context. On April 30, 2026, the bank published a communication about the Erste Bank Polska brand transition. On September 28, 2026, Erste Securities Polska announced a planned offer for 52,113,041 shares at PLN 713.60 per share, according to Bankier.pl. On October 23, 2026, the regulator approved the step above 50.00 percent.

What does the offer mean?

Erste Group currently holds 49.00 percent and plans to acquire between 1.00 percent and 26.00 percent, while maintaining at least 25.00 percent free float. The proposed price is therefore tied to control and ownership structure rather than a new operating forecast.

Upcoming results set a test

The next scheduled company date is October 30, 2026, when the third-quarter report is listed for the bank. The tender is planned for the beginning of November 2026, with the offer process expected to provide the next direct valuation reference for remaining shareholders. The October 30 reporting date is listed by Onvista.

Price holds the market context

The current euro quotation gives German investors a direct reference for the renamed Polish bank during the Xetra trading day. Its 52-week range was EUR 111.10 to EUR 184.40 as of October 23, 2026, placing the current quotation inside that span.

The further course of trading is shown by the continuously updated real-time quote of Santander Bank Polska stock.