Santander Bank Polska stock falls 1.70 percent as Erste seeks 75 percent

Published on 10/07/2026 at 14:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Santander Bank Polska stock fell to PLN 786.60 on October 7, 2026, while Erste Group planned a stake increase to 75 percent. H1 revenue reached PLN 8.05 billion.

Santander Bank Polska, PLBZ00000044, Illustration mit AI erstellt.

Santander Bank Polska stock (ISIN PLBZ00000044) was trading at PLN 786.60 on GPW on October 7, 2026, at 1:51 p.m. CEST, down 1.70 percent from the previous close. The key corporate story is Erste Group's planned increase of its stake from 49 percent to as much as 75 percent.

Erste targets 75 percent ownership

According to Parkiet on October 7, 2026, the planned offer covers as much as 26 percent of the bank's shares and carries a price of PLN 713 per share. The report says Erste Group wants to move above 50 percent while keeping at least 25 percent of the shares in free float.

The offer price is 22.1 percent above the PLN 584 paid to Banco Santander for its 49 percent controlling stake in January. The planned timetable places the offer in November and settlement in December, subject to regulatory and transaction conditions.

Bank keeps a strong earnings base

The bank now operates under the name Erste Bank Polska after its April 2026 rebranding. Its investor-relations calendar lists the next quarterly publication for October 30, 2026, according to Erste Bank Polska.

The H1 2026 report showed revenue of PLN 8.05 billion, net income of PLN 2.2 billion and ROE of 19 percent, according to Stockd. Net income was down 20.02 percent year over year, while revenue growth was 0.5 percent, creating a clear contrast between stable operating scale and lower bottom-line profitability.

Capital buffer adds a regulatory angle

Erste Bank Polska reported on October 5, 2026, that the Financial Stability Committee supported a 1.00 percent buffer for another systemically important institution. That requirement is relevant to the ownership plan because the transaction is also tied to regulatory approval and the bank's capital position.

Stock remains below yearly high

At PLN 786.60 on October 7, 2026, the stock stood below its 52-week high of PLN 812.00 and above its 52-week low of PLN 468.20. The session range was PLN 786.40 to PLN 809.80, with volume of 32,711 shares and market capitalization of PLN 80.4 billion.