Today : Mar 04, 2025
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03 March 2025

Pekao Bank S.A. Experiences Trading Surge Amidst Market Watch

On March 3, Pekao Bank trading saw fluctuations; transactions reported comply with regulatory standards.

Pekao Bank S.A. experienced notable activity on the Warsaw Stock Exchange on Monday, March 3, 2025, as its shares opened at 170 PLN, maintaining the closing price of the previous session. The market saw fluctuations throughout the day, with shares dipping to 167.95 PLN by 9:48 AM before rebounding to 172 PLN by 3:36 PM. The close saw shares settle at 170.85 PLN.

The total number of transactions for Pekao Bank reached 123, with volume totaling 973,387 shares and total turnover at 136 million PLN—consistent with the bank's average monthly metrics. The stock broke its downward trend from the past two sessions, marking a growth day. While the bank’s stock showed signs of recovery, it has experienced a 3.45% decline over the past week and gained 5.95% over the month. Comparatively, the stock has depreciated 1.24% over the last year, yet investors have seen returns of 23.89% since the beginning of the calendar year.

On the same day, the WIG index increased by 0.58% to close at 92,526 points, with Pekao's performance contributing positively, yielding about 0.5% growth. The banking sector, including Pekao, played a significant role in the market's upward movement, evidenced by the WIG-BANKI index’s increase of 0.99% to 14,854 points. This performance indicates the healthy condition of banking institutions on this trading day, which bolstered the overall index rise.

Pekao Bank, being the second-largest bank in Poland and one of Central and Eastern Europe's major financial institutions, offers commercial banking services to both individual and institutional clients. It controls approximately 10% of Poland's credit and deposit market. The bank's corporate structure includes Poland’s largest investment funds, two leading brokerage houses, and firms specializing in factoring and leasing.

On the same day, the Pekao Bank Hipoteczny—another entity within Pekao Group—issued their current report No. 6 for 2025. The report dated March 3, 2025, details important financial transactions by the Bank Polska Kasa Opieki S.A. This notification is pursuant to Article 19, subsection 3 of the Market Abuse Regulation (MAR), which mandates disclosures about transactions conducted by corporate executives.

The report attached included documentation of the transactions executed on the financial instruments of Pekao Bank Hipoteczny, reinforcing the transparency expectations placed upon financial institutions by governing regulations. Ewa Smułkowska-Powierza, acting on behalf of the bank, signed off on this communication, highlighting the commitment to compliance with regulatory standards.

This timely reporting and the articulate financial movements of Pekao Bank, both at the stock exchange and through official channels, showcases the bank's operational dynamics and transparency, particularly under current regulations governing financial markets.