Performance of market valuation of Bank Pekao S.A.’s stock

The shares of Bank Pekao S.A. have been listed on the Warsaw Stock Exchange since June 1998 and they are one of the most liquid equities in Poland and Central and Eastern Europe.

In 2018 the shares of Bank Pekao S.A. were included in the STOXX Europe 600 Index, the index of the largest and most liquid securities in Europe and the FTSE Developed Equity Index, due to reclassification of Poland into developed market.

In 2020, the Bank as one of the few in the entire region of Central and Eastern Europe, was included in the global Bloomberg Gender Equality Index, bringing together a listed company actively working for gender equality at work.

With the average daily turnover volume at the level of 737 thousand of shares and the worth of trading at PLN 19.5 billion in 2023, the share of the Bank’s stock in trading on the WSE amounted to 7.1%.

Share price of Bank Pekao S.A. increased by 76% y/y and reached PLN 152.05 as at the end of December 2023 compared to PLN 86.50 a year earlier. Total shareholder return for the Bank’s shareholders (including dividend payment at PLN 5.42 per share) amounted to 82% and was higher than return for the WIG Banks index, which grew by 77% in 2023.

Share price performance of Polish banks in 2023 was influenced primarily by the sector’s record results thanks to high interest rates remaining throughout the year. Additionally, regulatory costs incurred by banks in 2023 were significantly lower compared to 2022.