investor relations - shares

information about shares

Share Record
ISIN	PLBRE0000012
Bloomberg	MBK PW
Total number of mBank's S.A. shares	42,525,841
Listed shares	42,514,841
Registered shares	11,000
Share par value (PLN)	4
mBank's share capital (PLN)*	170,103,364
Shares listed on the Warsaw Stock Exchange since	06.10.1992
Shares are included in the following WSE indexes	WIG, WIG20, WIG30, mWIG40, WIG-Banki
Free float	30.98%

Share Record
ISIN	PLBRE0000012
Bloomberg	MBK PW
Total number of mBank's S.A. shares	42,525,841
Listed shares	42,514,841
Registered shares	11,000
Share par value (PLN)	4
mBank's share capital (PLN)*	170,103,364
Shares listed on the Warsaw Stock Exchange since	06.10.1992
Shares are included in the following WSE indexes	WIG, WIG20, WIG30, mWIG40, WIG-Banki
Free float	30.98%

Data as of December 31, 2025
* Fully paid.

mBank's Shares Held by Management Board and the Supervisory Board of mBank S.A.
Management Board	Number of shares held
Krzysztof Bratos	1,633
Krzysztof Dąbrowski	1,491
Marek Lusztyn	3,196
Julia Nusser	256
Pascal Ruhland	256

mBank's Shares Held by Management Board and the Supervisory Board of mBank S.A.
Management Board	Number of shares held
Krzysztof Bratos	1,633
Krzysztof Dąbrowski	1,491
Marek Lusztyn	3,196
Julia Nusser	256
Pascal Ruhland	256

Data as of December 31, 2025

Source: mBank S.A. Group Consolidated Financial Statements 2025

dividend

Dividend is a part of profit earned by the company payable to its shareholders. Dividend decisions are made by the shareholders at the General Meeting. When adopting a resolution on profit distribution among the existing shareholders, the General Meeting should define the dividend per share, the dividend record date and the dividend payment date.

Resolution No. 4 of XXXVIII Ordinary General Meeting of mBank S.A. dated 27 March 2025

Dividend for:	Dividend per share (PLN)	Total dividend (PLN M)	Dividend as % of net profit
2025	-	-	-
2024	-	-	-
2023	-	-	-
2022	-	-	-
2021	-	-	-
2020	-	-	-
2019	-	-	-
2018	-	-	-
2017	5.15	217.9	20
2016	-	-	-
2015	-	-	-
2014	-	-	-
2013*	17	717	67
2012**	10	421.4	35
2011	-	-	-
2010	-	-	-
2009	-	-	-
2008	-	-	-
2007	-	-	-
2006	-	-	-
2005	-	-	-
2004	-	-	-
2003	-	-	-
2002	-	-	-
2001	10	230	68
2000	5	114.9	32
1999	3	182.4	27
1998	3	68.4	33
1997	3	46.6	32
1996	3	43.5	38

Dividend for:	Dividend per share (PLN)	Total dividend (PLN M)	Dividend as % of net profit
2025	-	-	-
2024	-	-	-
2023	-	-	-
2022	-	-	-
2021	-	-	-
2020	-	-	-
2019	-	-	-
2018	-	-	-
2017	5.15	217.9	20
2016	-	-	-
2015	-	-	-
2014	-	-	-
2013*	17	717	67
2012**	10	421.4	35
2011	-	-	-
2010	-	-	-
2009	-	-	-
2008	-	-	-
2007	-	-	-
2006	-	-	-
2005	-	-	-
2004	-	-	-
2003	-	-	-
2002	-	-	-
2001	10	230	68
2000	5	114.9	32
1999	3	182.4	27
1998	3	68.4	33
1997	3	46.6	32
1996	3	43.5	38

* dividend day: May 5, 2014, dividend payment date: May 19, 2014

** dividend day: May 15, 2013, dividend payment date: May 29, 2013

shareholders

Major shareholders of mBank	Commerzbank AG	Nationale-Nederlanden OFE
Number of shares	29,352,897	2,248,000
Shareholding in mBank	69.0%	5.3%
Total number of votes at mBank GM	69.0%	5.3%

Major shareholders of mBank	Commerzbank AG	Nationale-Nederlanden OFE
Number of shares	29,352,897	2,248,000
Shareholding in mBank	69.0%	5.3%
Total number of votes at mBank GM	69.0%	5.3%

As of 31.03.2026

More information on Commerzbank AG is included on this website: https://investor-relations.commerzbank.com/

analysts about mBank

mBank Group and its performance are monitored by analysts representing various financial institutions, banks and brokers. At present, mBank is observed by more than a dozen domestic and international institutions whose analysts recommend mBank's shares.

Firm	Analyst	Contact
Citi Research	Andrzej Powierża	andrzej.powierza@citi.com
DM BOŚ	Michał Sobolewski	m.sobolewski@bossa.pl
PKO Securities	Jaromir Szortyka	jaromir.szortyka@pkobp.pl
Erste Group	Łukasz Jańczak	Lukasz.Janczak@erstegroup.com
IPOPEMA	Piotr Rychlicki	piotr.rychlicki@ipopema.pl
Millennium DM	Marcin Materna	marcin.materna@millenniumdm.pl
Pekao Investment Banking	Michał Fidelus	Michal.Fidelus@pekao.com.pl
ODDO BHF	Jovan Sikimic	jovan.sikimic@oddo-bhf.com
Trigon Dom Maklerski	Maciej Marcinowski	maciej.marcinowski@trigon.pl
Wood&Company	Marta Jeżewska-Wasilewska	marta.jezewska-wasilewska@wood.com

Firm	Analyst	Contact
Citi Research	Andrzej Powierża	andrzej.powierza@citi.com
DM BOŚ	Michał Sobolewski	m.sobolewski@bossa.pl
PKO Securities	Jaromir Szortyka	jaromir.szortyka@pkobp.pl
Erste Group	Łukasz Jańczak	Lukasz.Janczak@erstegroup.com
IPOPEMA	Piotr Rychlicki	piotr.rychlicki@ipopema.pl
Millennium DM	Marcin Materna	marcin.materna@millenniumdm.pl
Pekao Investment Banking	Michał Fidelus	Michal.Fidelus@pekao.com.pl
ODDO BHF	Jovan Sikimic	jovan.sikimic@oddo-bhf.com
Trigon Dom Maklerski	Maciej Marcinowski	maciej.marcinowski@trigon.pl
Wood&Company	Marta Jeżewska-Wasilewska	marta.jezewska-wasilewska@wood.com

consensus

The table below shows the consensus on mBank Group’s earnings estimates for 2026-2027. It is compiled by IR team and based on input received from the analysts who follow the company's financial performance.

	Konsensus 2026			Konsensus 2027
PLN M	AVERAGE	MAX	MIN.	AVERAGE	MAX	MIN.
Net interest income	10 073	10 425	9 782	10 879	11 863	9 497
Net fee and commission income	2 301	2 374	2 200	2 421	2 522	2 278
Trading & other income	342	495	119	310	511	76
Total revenues	12 716	13 271	12 280	13 610	14 720	12 520
Costs	-4 179	-4 105	-4 262	-4 441	-4 241	-4 555
Loan loss provisions	-819	-729	-885	-967	-841	-1 130
Operating profit	7 096	7 465	6 701	8 108	9 430	7 123
Net income	3 848	4 003	3 461	4 971	5 895	4 328
Loans	151 445	167 595	143 522	164 575	187 638	149 595
Assets	306 414	624 496	560 678	329 581	360 815	304 301
Deposits	249 140	266 720	230 707	267 010	295 607	240 794
TARGET PRICE (PLN)	1264,3	1635,0	841,3

	Konsensus 2026			Konsensus 2027
PLN M	AVERAGE	MAX	MIN.	AVERAGE	MAX	MIN.
Net interest income	10 073	10 425	9 782	10 879	11 863	9 497
Net fee and commission income	2 301	2 374	2 200	2 421	2 522	2 278
Trading & other income	342	495	119	310	511	76
Total revenues	12 716	13 271	12 280	13 610	14 720	12 520
Costs	-4 179	-4 105	-4 262	-4 441	-4 241	-4 555
Loan loss provisions	-819	-729	-885	-967	-841	-1 130
Operating profit	7 096	7 465	6 701	8 108	9 430	7 123
Net income	3 848	4 003	3 461	4 971	5 895	4 328
Loans	151 445	167 595	143 522	164 575	187 638	149 595
Assets	306 414	624 496	560 678	329 581	360 815	304 301
Deposits	249 140	266 720	230 707	267 010	295 607	240 794
TARGET PRICE (PLN)	1264,3	1635,0	841,3

As of 02.11.2026

Based on estimates of: BOŚ Brokerage, Citi Research, Erste Group, Ipopema, Pekao Brokerage, PKO Securities, ODDO, Trigon DM, Wood&Co.

prospectus archive

Here you can find our offering memorandum from our company, related with shares issue. Those interested can find an electronic version of the mBank’s prospectuses here, which were published starting from December 2003.