)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
mBank (MBK) investor relations material
mBank Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary30 Oct, 2025
Executive summary
Net profit for the first nine months of 2025 reached PLN 2.5 billion, doubling year-over-year, with Q3 net profit at PLN 837 million, up 46% year-over-year but down 13% quarter-on-quarter; ROTE at 20% and ROE at 17.3%.
Total revenues increased 5% year-over-year, surpassing PLN 12 billion, driven by higher net interest income and robust fee growth, despite interest rate cuts.
Loan portfolio grew 11% year-over-year to nearly PLN 134 billion, with deposit base up 10.6% year-over-year, outpacing market growth.
Legal risk costs related to FX mortgage loans dropped by over 50% year-over-year, with the active Swiss franc loan portfolio shrinking and settlements increasing.
Capital position remains robust, with Tier 1 capital ratio at 14.5%, total capital ratio at 16.7%, and strengthened by new Tier II and green bond issuances.
Financial highlights
Q3 2025 net profit was PLN 837 million, up 46% year-over-year but down 12.8% quarter-on-quarter; net interest income for Q3 was PLN 2,461 million, down 1.4% quarter-on-quarter, with net interest margin at 3.89%.
Fee and commission income remained strong at PLN 580 million, up 16.2% year-over-year, supported by payment card fees and a one-off of PLN 42 million.
Operating costs increased 3.3% quarter-on-quarter, mainly due to higher marketing spend; cost/income ratio at 29.2%.
Cost of risk at 61 bps in Q3, below full-year guidance, with Q4 expected to be higher due to seasonal write-offs.
NPL ratio improved to 3.4%, with coverage ratio at 74.6%.
Outlook and guidance
Total income for 2025 expected to be the best in history, with stable or slightly lower interest rates anticipated.
2025 anticipated as the last year with significant legal risk costs from FX mortgage loans.
Focus on business expansion, market share growth, and strengthening capital and funding, including a planned €500 million green bond issuance.
Net interest income will be pressured by lower rates, with volume growth partially offsetting declines.
New EBA standards and regulatory changes may increase risk-weighted assets and tax rates in 2026.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next mBank earnings date
Q4 20253 Mar, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
mBank S.A. offers a comprehensive suite of banking services, including retail, corporate, and investment banking. The bank provides personal and business accounts, loans, digital banking platforms, and asset management services. Its operations span both online and branch-based channels within Poland and selected international markets. The company is headquartered in Warsaw, Poland, and its shares are listed on the WSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage