Home6HW • FRA
add
Bank Handlowy w Warszawie SA
Previous close
€25.45
Day range
€25.45 - €25.45
Year range
€16.30 - €27.40
Market cap
14.58B PLN
Avg Volume
352.00
P/E ratio
-
Dividend yield
-
Primary exchange
WSE
Market news
Financials
Income Statement
Revenue
Net income
(PLN) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 990.78M | -1.77% |
Operating expense | 400.42M | 7.88% |
Net income | 449.44M | -6.27% |
Net profit margin | 45.36 | -4.59% |
Earnings per share | — | — |
EBITDA | — | — |
Effective tax rate | 21.41% | — |
Balance Sheet
Total assets
Total liabilities
(PLN) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 20.58B | 182.00% |
Total assets | 73.39B | 5.14% |
Total liabilities | 63.66B | 2.95% |
Total equity | 9.73B | — |
Shares outstanding | 130.66M | — |
Price to book | 0.34 | — |
Return on assets | 2.47% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(PLN) | Dec 2023info | Y/Y change |
---|---|---|
Net income | 449.44M | -6.27% |
Cash from operations | -4.30B | 72.37% |
Cash from investing | -67.24M | -41.82% |
Cash from financing | 4.46B | -35.79% |
Net change in cash | 621.75M | 107.16% |
Free cash flow | — | — |
About
Bank Handlowy w Warszawie or Citi Handlowy is a Polish bank based in Warsaw, established in 1870. It is one of the oldest banks in Poland and Europe. It is the 10th largest bank in Poland in terms of assets, and 18th in terms of number of outlets.
The bank was initiated by financier Leopold Stanisław Kronenberg. Founded in 1870, it played a vital role in international trade, representing the Second Polish Republic government's assets in several international firms like the Danzig Shipyard. After World War II, the bank was reactivated in 1945 and later Polish People's Republic. It was one of the few companies to avoid complete nationalization during communism in Poland. After the fall of communism in Poland, the bank played a key role in the Foreign Debt Service Fund scandal, which had a negative impact on the Polish economy during the early 1990s. It underwent privatization in 1997.
In the 21st century, Bank Handlowy merged with Citibank SA in 2001, with Citibank becoming its largest shareholder, owning 75% of shares by 2007. The bank has been listed on the Warsaw Stock Exchange since 1997 and is a constituent of the WIG20 index. Wikipedia
Founded
Apr 13, 1870
Website
Employees
2,978