mBank shares have been listed on the Warsaw Stock Exchange (WSE) since 1992. The closing price of mBank’s shares on the last trading day in 2017 stood at PLN 465.00 and was 38.7% higher than a year before. The company’s capitalisation increased by PLN 5.5 billion and at the end of 2017 and stood at PLN 19.7 billion. Among the banks listed on the WSE, only 3 banks performed better in 2017: Millennium, PKO BP and Alior. The P/BV (price/book value) ratio for mBank Group stood at 1.4 at the end of 2017 compared with 1.1 a year before. The P/E (price/earnings per share) ratio was at 18.0 compared with 11.6 in 2016.
The year brought very good news for the shareholders of largest companies.
In 2017, the WIG index increased by 23.2%, while the WIG-20 index gained 26.4% over that time. 18 companies from WIG-20 reported positive rates of return. The mWIG40 index, made up of mediumsized companies, went up by 15.0%, while sWIG80, comprising 80 small-sized companies listed on the main market of the WSE, rose by 2.4%. Against this background, the WIG-Banks index, which at the end of 2017 increased by 35.4% year on year, performed very well.