Fitch upgrades Alior Bank while Alior Bank stock costs EUR 30.83

Alior Bank (ISIN PLALIOR00045) was trading at EUR 30.83 at Lang & Schwarz on October 7, 2026 at 2:43 p.m. CEST, down 0.19 percent from the prior close of EUR 30.89. The latest company catalyst is Fitch's September 30 upgrade of Alior Bank's long-term issuer rating to BBB- from BB+, moving the bank into investment-grade territory.

Fitch reaches investment grade

According to Bankier.pl on September 30, 2026, Fitch also raised Alior Bank's short-term rating to F3 from B, its national long-term rating to A(pol) from A-(pol), and its Viability Rating to bbb- from bb+. The long-term issuer and national ratings carry stable outlooks.

Fitch linked the upgrade to a more balanced and stable business mix, progress on legacy issues and better asset quality. The agency also cited above-average margins, reasonable cost efficiency, stabilizing risk costs and adequate capitalization as support for medium-term profitability.

First-half profit faces pressure

Alior Bank's first-half 2026 revenue reached PLN 2.86 billion, while net income was PLN 769.82 million, according to Stockd. The report analysis shows net income down 31.10 percent year over year, while net loans rose 7.40 percent, deposits increased 9.20 percent and fee income grew 7.00 percent.

The earnings mix leaves investors weighing improving balance-sheet activity against weaker reported profit. Alior Bank's Q2 2026 net income was PLN 376.55 million, compared with PLN 403.19 million in Q1, while quarterly revenue increased from PLN 1.92 billion to PLN 1.94 billion.

Funding and next report date

On September 29, 2026, Alior Bank approved a senior eurobond issue of up to EUR 500.00 million under its EMTN program, as reported by Parkiet. The final amount and launch timing depend on market conditions and investor demand, so the resolution sets a ceiling rather than a completed issuance.

Alior Bank's investor calendar lists October 20, 2026 for an extraordinary general meeting and October 27, 2026 for publication of the third-quarter 2026 report, according to the bank's Alior Bank investor-relations page. These dates put capital structure and quarterly execution next on the calendar.

Stock stays near recent range

Alior Bank is listed on the Warsaw Stock Exchange under ticker ALR.WA, and its primary-market quote was PLN 130.00 at the close on October 2, 2026, according to Global Banking and Finance Review. That venue context is separate from the EUR 30.83 Lang & Schwarz indication for investors in Germany.

At Lang & Schwarz, Alior Bank stock was trading at EUR 30.83 on October 7, 2026 at 2:43 p.m. CEST, down 0.19 percent versus the Lang & Schwarz prior close of EUR 30.89. The further course of trading is shown by the continuously updated real-time quote of Alior Bank stock.

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