ING Bank Slaski (ING) investor relations material

Executive summary

• Achieved strong Q2 and H1 2026 results, with record new retail and corporate client acquisitions and robust growth in lending and deposits.

• Maintained leadership in digital banking, with high app ratings and 93% of cash loans sold online.

• Completed acquisition and full consolidation of ING TFI S.A., supporting investment product growth.

• Recognized with multiple Euromoney Awards for excellence, ESG, and sustainable finance.

• Dividend of PLN 3,475 million (PLN 26.71 per share) was paid from 2025 profit.

Financial highlights

• Gross profit in Q2 reached PLN 1.9 billion, exceeding market expectations; H1 gross profit was PLN 3.2 billion, up 15.4% year-over-year.

• Net profit for Q2 was PLN 1,193 million, up 45% quarter-on-quarter and 5% year-over-year; H1 net profit was PLN 2,016 million, down 6.2% year-over-year.

• Net interest income stable at PLN 2,330 million for Q2, up 7% year-over-year; net interest margin at 3.18%.

• Cost of risk dropped 37% year-over-year to PLN 41 million in Q2, down 81% quarter-on-quarter.

• Loan-to-deposit ratio at 72.6%, above market average.

Outlook and guidance

• Expect continued growth in public and private investments, with stable inflation and interest rates for the remainder of the year.

• GDP growth in Poland projected at 3.4% year-over-year for 2026, with robust investment and moderate consumption growth.

• Ongoing focus on digitalization, customer acquisition, and expanding deposit and lending market share.

• Continued growth in investment and pension solutions following the ING TFI S.A. acquisition.