Bank Ochrony Srodowiska (BOS) Q2 2026 earnings summary

Executive summary

• Net profit for the group in H1 2026 was 15,114 thousand PLN, a significant decrease from 79,721 thousand PLN in H1 2025, mainly due to higher legal risk costs and administrative expenses.

• The bank maintained capital adequacy and liquidity ratios above regulatory requirements, ensuring operational stability despite market challenges.

• No dividend was paid for H1 2026; 2025 profit was allocated entirely to reserve capital.

Financial highlights

• Net interest income for H1 2026 was 350,677 thousand PLN, down from 403,994 thousand PLN year-over-year.

• Fee and commission income increased to 105,409 thousand PLN from 90,803 thousand PLN year-over-year.

• Total assets rose to 27,312,438 thousand PLN as of June 30, 2026, compared to 25,719,989 thousand PLN at year-end 2025.

• Cost of legal risk related to FX mortgage loans was 69,262 thousand PLN in H1 2026, similar to 72,007 thousand PLN in H1 2025.

• Administrative expenses increased to 353,466 thousand PLN from 324,713 thousand PLN year-over-year.

Outlook and guidance

• The bank continues to implement its recovery plan, with updated approval from the regulator in January 2026.

• No significant threats to business continuity are identified for the next 12 months.