Share price of Bank Pekao S.A. decreased by 9% y/y and reached PLN 137.90 as at the end of December 2024 compared to PLN 152.05 a year earlier. Total shareholder return for the Bank’s shareholders (including dividend payment at PLN 19.20 per share) amounted to 3% and was lower than return for the WIG Banks index, which grew by 12% in 2024.
Share price performance of Polish banks in 2024 was influenced primarily by the sector’s record results thanks to high interest rates remaining throughout the year.