Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
Bank Handlowy w Warszawie S.A. (BHW.WA)
Warsaw, PL
Bank Handlowy w Warszawie S.A., founded in 1870 and headquartered in Warsaw, Poland, provides a broad spectrum of banking solutions to individual and corporate clients within Poland and on an international scale. The institution's activities are organized into two primary divisions: the Institutional Bank and the Consumer Bank. The Institutional Bank division focuses on serving business entities, local government units, and the public sector. Its comprehensive services encompass traditional banking offerings like credit facilities and deposit accounts, alongside cash management, trade financing, leasing, brokerage, and securities custody. This segment also delivers treasury products for financial and commodity markets, in addition to investment banking services across local and international capital markets. These investment banking services include advisory roles, securing and underwriting funding through both public and private issues of financial instruments, and engaging in proprietary trading of equity, debt, and derivative instruments. In contrast, the Consumer Bank division caters to individuals, micro-enterprises, and sole proprietorships. It supplies essential personal banking products such as bank accounts, a variety of loans (including cash and mortgage loans), credit cards, and asset management services. Furthermore, it acts as an intermediary for the distribution of investment and insurance products. Bank Handlowy w Warszawie S.A. operates as a subsidiary of Overseas Investment Corporation.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.87% | -3.87% | -4.03% | -3.70% | +7.92% | +4.38% | -4.67% | +52.13% | +174.01% | +57.14% | +73.86% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | -1 |
| Hold | 6 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth-27.0% Q1'26: -9.7% (vs Q1'25)
-
EPS growth-5.2% Q1'26: -11.1% (vs Q1'25)
-
FCF margin— Q1'26: +0.0% (vs Q1'25)
-
EBIT margin— Q1'26: +47.0% (vs Q1'25)
-
ROIC— Q1'26: +104.1% (vs Q1'25)
-
Share dilution-0.2% Q1'26: -0.2% (vs Q1'25)
-
Debt / EBITDA— Q1'26: 2.16× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 5 Rev. Ana. 3 EPS Ana. |
Dec 2027 4 Rev. Ana. 4 EPS Ana. |
Dec 2028 2 Rev. Ana. 3 EPS Ana. |
Dec 2029 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
2.39B
est: 2.05B (+16.4%)
|
2.39B
est: 2.05B (+16.3%)
|
2.38B
est: 2.07B (+15.2%)
|
2.39B
est: 2.19B (+9.1%)
|
2.50B
est: 2.22B (+12.3%)
|
2.12B
est: 2.04B (+4.1%)
|
2.48B
est: 2.32B (+7.2%)
|
4.28B
est: 3.68B (+16.2%)
|
5.67B
est: 4.34B (+30.7%)
|
5.72B
est: 4.39B (+30.1%)
|
4.17B
est: 3.09B (+34.8%)
|
2.91B
2.85B – 2.97B
-6.0% YoY
|
2.85B
2.81B – 2.89B
-1.9% YoY
|
2.88B
2.81B – 2.95B
+1.0% YoY
|
2.57B
2.52B – 2.61B
-10.9% YoY
|
| EBITDA |
861.20M
est: 848.73M (+1.5%)
|
834.25M
est: 849.70M (-1.8%)
|
780.17M
est: 854.39M (-8.7%)
|
900.05M
est: 905.59M (-0.6%)
|
744.69M
est: 920.20M (-19.1%)
|
423.93M
est: 842.53M (-49.7%)
|
1.06B
est: 957.64M (+11.0%)
|
2.10B
est: 1.52B (+37.8%)
|
2.97B
est: 2.08B (+42.9%)
|
2.43B
est: 2.10B (+15.8%)
|
2.19B
est: 1.48B (+48.0%)
|
1.39B
1.36B – 1.42B
-6.0% YoY
|
1.37B
1.34B – 1.39B
-1.9% YoY
|
1.38B
1.35B – 1.41B
+1.0% YoY
|
1.23B
1.21B – 1.25B
-10.9% YoY
|
| EBIT |
790.78M
est: 783.12M (+1.0%)
|
764.33M
est: 784.02M (-2.5%)
|
707.08M
est: 788.35M (-10.3%)
|
828.67M
est: 835.59M (-0.8%)
|
658.19M
est: 849.07M (-22.5%)
|
317.28M
est: 777.41M (-59.2%)
|
950.94M
est: 883.62M (+7.6%)
|
1.99B
est: 1.40B (+42.0%)
|
2.86B
est: 1.98B (+44.7%)
|
2.32B
est: 2.00B (+15.9%)
|
2.15B
est: 1.41B (+53.0%)
|
1.32B
1.30B – 1.35B
-6.0% YoY
|
1.30B
1.28B – 1.32B
-1.9% YoY
|
1.31B
1.28B – 1.34B
+1.0% YoY
|
1.17B
1.15B – 1.19B
-10.9% YoY
|
| Net Income |
626.42M
est: 643.29M (-2.6%)
|
601.58M
est: 573.40M (+4.9%)
|
535.57M
est: 526.54M (+1.7%)
|
638.85M
est: 652.95M (-2.2%)
|
480.12M
est: 467.61M (+2.7%)
|
172.40M
est: 320.68M (-46.2%)
|
717.47M
est: 721.16M (-0.5%)
|
1.55B
est: 1.67B (-7.6%)
|
2.26B
est: 1.89B (+19.4%)
|
1.76B
est: 1.95B (-9.6%)
|
1.67B
est: 1.76B (-5.2%)
|
1.45B
1.44B – 1.47B
-17.4% YoY
|
1.34B
1.24B – 1.59B
-8.1% YoY
|
1.44B
1.29B – 1.67B
+8.0% YoY
|
1.19B
1.17B – 1.22B
-17.2% YoY
|
| SGA |
426.28M
est: 513.24M (-16.9%)
|
417.42M
est: 513.83M (-18.8%)
|
444.89M
est: 516.67M (-13.9%)
|
451.41M
est: 547.63M (-17.6%)
|
1.13B
est: 556.46M (+102.8%)
|
1.12B
est: 509.50M (+118.9%)
|
1.09B
est: 579.11M (+88.3%)
|
468.90M
est: 920.35M (-49.1%)
|
473.40M
est: 730.26M (-35.2%)
|
528.05M
est: 738.41M (-28.5%)
|
482.54M
est: 520.23M (-7.2%)
|
488.91M
479.20M – 499.31M
-6.0% YoY
|
479.44M
471.80M – 486.51M
-1.9% YoY
|
484.37M
472.98M – 495.76M
+1.0% YoY
|
431.58M
423.85M – 439.36M
-10.9% YoY
|
| EPS |
4.79
est: 4.93 (-2.8%)
|
4.60
est: 4.39 (+4.7%)
|
4.10
est: 4.04 (+1.6%)
|
4.89
est: 5.00 (-2.3%)
|
3.67
est: 3.58 (+2.4%)
|
1.32
est: 2.46 (-46.3%)
|
5.49
est: 5.53 (-0.7%)
|
11.83
est: 11.86 (-0.3%)
|
17.27
est: 14.48 (+19.3%)
|
13.49
est: 14.95 (-9.7%)
|
12.79
est: 12.60 (+1.5%)
|
11.14
11.04 – 11.25
-11.6% YoY
|
10.92
9.55 – 12.23
-2.0% YoY
|
11.23
9.92 – 12.82
+2.9% YoY
|
9.16
8.95 – 9.37
-18.5% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-07 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-06 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-05 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-05-04 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-30 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 2/5 |
| 2026-04-29 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 2/5 |
| 2026-04-28 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 2/5 |
| 2026-04-27 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 2/5 |
| 2026-04-24 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 2/5 |
| 2026-04-23 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 2/5 |
| 2026-04-22 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 2/5 |
| 2026-04-21 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 2/5 |
| 2026-04-20 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 2/5 |
| 2026-04-17 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 2/5 |
| 2026-04-16 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares MSCI Poland ETF EPOL | 0.78% | 5.21M | 0.59% |
| 2 | WisdomTree Emerging Markets SmallCap Dividend Fund DGS | 0.06% | 1.14M | 0.58% |
| 3 | iShares MSCI Emerging Markets Small-Cap ETF EEMS | 0.06% | 238.6K | 0.72% |
| 4 | iShares MSCI EM Small Cap UCITS ETF IEMS.L | 0.06% | 208.1K | 0.74% |
| 5 | State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L | 0.04% | 262.1K | 0.55% |
| 6 | Schwab International Small-Cap Equity ETF SCHC | 0.04% | 2.27M | 0.06% |
| 7 | Avantis Emerging Markets ex-China Equity ETF AVXC | 0.03% | 133.5K | 0.33% |
| 8 | Vanguard FTSE All-World ex-US Small-Cap ETF VSS | 0.03% | 4.02M | 0.06% |
| 9 | Avantis Emerging Markets Small Cap Equity ETF AVEE | 0.02% | 28.6K | 0.42% |
| 10 | Avantis Responsible Emerging Markets Equity ETF AVSE | 0.02% | 46.8K | 0.33% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Maciej Kropidlowski | Vice President of Management Board | 4M | male |
| Barbara Sobala | Vice President of Management Board | 4M | female |
| Elzbieta Czetwertynska | MD, Citi Country Officer of Poland & Chief Executive Officer of Citi Handlowy | 4M | female |
| Elzbieta Swiatopelk-Czetwertynska | MD, Citi Country Officer of Poland, CEO of Citi Handlowy & President of the Management Board | 4M | female |
| Andrzej Wilk | Deputy Chief Executive Officer & Vice President of Management Board | 2M | male |
| Tomasz Dziurzynski | Member of the Management Board | 1M | male |
| Sebastian Perczak | Member of the Management Board | 1M | male |
| Patrycjusz Wojcik | Vice President of the Management Board | 1M | male |
| Adam Piotrak | Investor Relations Head | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for BHW.WA
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
