mBank Stock Drops Ahead of Q3 Report Date

mBank's stock price fell by 1.24% on October 2, 2026, closing at PLN 1,391 on the GPW.

The bank's Q3 report date has been set for October 28, 2026, which will be a crucial test of whether earnings momentum extends beyond lower Swiss franc legal-risk charges.

In its H1 2026 report, mBank generated PLN 2.013 billion in net income, up 20.9% from the same period in 2025, with the majority of this increase attributed to a reduction in legal-risk costs related to Swiss franc loans rather than an improvement in core margins.

The consensus among analysts is Neutral, with an average 12-month target price of PLN 1,168.20, below the current market price of PLN 1,391.