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Bank Handlowy w Warszawie SA (BHW.WA)

BHW.WA on Warsaw Stock Exchange

53.40PLN
19 Jul 2019
Change (% chg)

-0.20zł (-0.37%)
Prev Close
53.60zł
Open
54.20zł
Day's High
54.20zł
Day's Low
53.40zł
Volume
18,011
Avg. Vol
129,033
52-wk High
77.50zł
52-wk Low
51.00zł

Latest Key Developments (Source: Significant Developments)

Bank Handlowy Books Impairment Loss Of 53 Mln Zlotys On Q2 2019 Net Result
Thursday, 11 Jul 2019 

July 11 (Reuters) - Bank Handlowy w Warszawie SA ::SAYS DECIDES TO BOOK IMPAIRMENT LOSS OF 53 MILLION ZLOTYS ON Q2 2019 NET RESULT DUE TO ONGOING RESTRUCTURING PROCESS OF A CLIENT.SAYS EXPOSURE AMOUNT RELATED TO FINANCING THE CLIENT ON JULY 11 IS 124.5 MILLION ZLOTYS.  Full Article

Bank Handlowy W Warszawie Lowers Its Stake In Odlewnie Polskie To 1.50% From 6.39%
Tuesday, 25 Jun 2019 

June 25 (Reuters) - Odlewnie Polskie SA ::SAYS BANK HANDLOWY W WARSZAWIE LOWERS ITS STAKE IN CO TO 1.50% FROM 6.39%.  Full Article

Zaklady Miesne Henryk Kania Says Bank Handlowy w Warszawie Terminated Credit Agreements
Thursday, 6 Jun 2019 

June 7(Reuters) - Zaklady Miesne Henryk Kania SA ::SAID ON THURSDAY THAT IT HAS RECEIVED A NOTIFICATION FROM BANK HANDLOWY W WARSZAWIE SA <<>> REGARDING TERMINATION OF CREDIT AGREEMENTS .SAID THAT REASON FOR TERMINATION OF THE AGREEMENTS, AS STATED BY THE BANK, WAS THE LOSS OF CREDITWORTHINESS BY THE COMPANY AND THE THREAT OF BANKRUPTCY.SAID THAT ACCORDING TO THE BANK, THE COMPANY'S DEBT UNDER ONE CREDIT AGREEMENT AMOUNTS TO 90.4 MILLION ZLOTYS, WHILE UNDER ANOTHER TO 4.8 MILLION ZLOTYS.BANK HANDLOWY W WARSZAWIE SAID IN A SEPARATE STATEMENT THAT IT HAS TERMINATED CREDIT AGREEMENTS WITH ONE IF ITS CORPORATE CLIENTS nEM7TcNL1a.BANK HANDLOWY W WARSZAWIE SAID THAT ITS TOTAL EXPOSURE RELATED TO FINANCING OF THE CLIENT AS AT JUNE 6 AMOUNTED TO 124.5 MILLION ZLOTYS AND WAS MOSTLY SECURED.BANK HANDLOWY W WARSZAWIE SAID THAT IT HAD FILED A MOTION TO OPEN REHABILITATION PROCEEDINGS FOR THE CLIENT.  Full Article

Bank Handlowy Q1 Net Profit Down At 59.5 Million Zlotys
Monday, 6 May 2019 

May 6 (Reuters) - Bank Handlowy w Warszawie SA ::Q1 NET PROFIT 59.5 MILLION ZLOTYS VERSUS 145.8 MILLION ZLOTYS YEAR AGO.Q1 NET INTEREST INCOME 277.3 MILLION ZLOTYS VERSUS 277.2 MILLION ZLOTYS YEAR AGO.Q1 NET FEE AND COMMISSION INCOME 133.9 MILLION ZLOTYS VERSUS 141.6 MILLION ZLOTYS YEAR AGO.  Full Article

Bank Handlowy FY Net Profit 638.9 Mln Zlotys As Previously Estimated
Friday, 22 Mar 2019 

March 25 (Reuters) - Bank Handlowy SA ::REPORTED ON FRIDAY FY NET PROFIT OF 638.9 MILLION ZLOTYS AS PREVIOUSLY ESTIMATED .FY NET INTEREST INCOME OF 1.11 BILLION ZLOTYS AS PREVIOUSLY ESTIMATED .FY NET FEE AND COMMISSION INCOME 549.9 MILLION ZLOTYS AS PREVIOUSLY ESTIMATED.FY NET IMPAIRMENT LOSSES ON FINANCIAL ASSETS AND PROVISIONS OF 63.5 MILLION ZLOTYS AS PREVIOUSLY ESTIMATED .  Full Article

Citi Handlowy To Lead Tap Of EIB's PLN 3.0 Billion Notes
Monday, 11 Mar 2019 

March 11 (Reuters) - CITI HANDLOWY::EIB MANDATES CITI HANDLOWY AS LEAD MANAGER FOR TAP OF EIB’S BENCHMARK 3.0 BILLION ZLOTY FLOATING RATE NOTE (FRN) ISSUE DUE FEB. 25, 2025 - CITI HANDLOWY.  Full Article

Poland's KNF Recommends That Bank Handlowy Retains 25% Of Profit For 2018
Monday, 25 Feb 2019 

Feb 26 (Reuters) - Bank Handlowy w Warszawie SA ::SAID ON MONDAY THAT POLISH FINANCIAL SUPERVISION AUTHORITY (KNF) HAS RECOMMENDED THAT THE BANK RETAINS AT LEAST 25% OF ITS 2018 PROFIT TO INCREASE ITS OWN FUNDS.ACCORDING TO KNF'S RECOMMENDATION THE BANK MEETS THE CRITERIA TO ALLOCATE NO MORE THAN 75% OF ITS PROFIT TO DIVIDEND PAYMENT.  Full Article

Bank Handlowy Targets Dividend Payouts Of Min. 75% Of Profits In 2019-2021
Friday, 7 Dec 2018 

Dec 10 (Reuters) - BANK HANDLOWY W WARSZAWIE SA ::SAID ON FRIDAY THAT ITS SUPERVISORY HAS APPROVED NEW 2019-2021 STRATEGY.UNDER THE NEW STRATEGY, IT EYES ROE OF ABOVE 10% BETWEEN 2019-2021 AND SPENDING NO LESS THAN 75% ON DIVIDENDS ON 2018-2021 PROFITS.THE ROE TARGET IS CONDITIONAL ON POTENTIAL LEGAL, REGULATORY AND TAX CHANGES .ITS DIVIDEND PLANS ARE SUBJECT TO THE FINANCIAL REGULATOR'S STANCE REGARDING BANKS' DIVIDEND POLICY.ITS NEW STRATEGY IS BASED ON HIGH SINGLE-DIGIT GROWTH IN RETAIL BANKING AND MID SINGLE-DIGIT GROWTH IN INSTITUTIONAL BANKING.  Full Article

Bank Handlowy Q3 Net Profit Down At 158.5 Mln Zlotys
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - BANK HANDLOWY W WARSZAWIE SA ::Q3 NET PROFIT 158.5 MILLION ZLOTYS VERSUS 171.6 MILLION ZLOTYS YEAR AGO.Q3 NET INTEREST INCOME 280.7 MILLION ZLOTYS VERSUS 273.5 MILLION ZLOTYS YEAR AGO.Q3 NET FEE AND COMMISSION INCOME 135.1 MILLION ZLOTYS VERSUS 146.2 MILLION ZLOTYS YEAR AGO.ROE IN Q3 WAS 10.1% VERSUS 8% YEAR AGO.C/I IN Q3 WAS 54% VERSUS 53% YEAR AGO.  Full Article

Bank Handlowy Q2 Net Profit Up At 182.4 Mln Zlotys
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Bank Handlowy w Warszawie SA ::Q2 NET INTEREST INCOME 270.6 MILLION ZLOTYS VERSUS 264.1 MILLION ZLOTYS YEAR AGO.Q2 NET FEE AND COMMISSION INCOME 138.8 MILLION ZLOTYS VERSUS 155.4 MILLION ZLOTYS YEAR AGO.Q2 NET PROFIT 182.4 MILLION ZLOTYS VERSUS 158.0 MILLION ZLOTYS YEAR AGO.  Full Article

Poland - Factors to Watch June 7

WARSAW, June 7 - The following are news stories, press reports and events that may affect Poland's financial markets on Friday. ALL TIMES GMT (Poland: GMT + 2 hours):