Ipopema Securities - MBANK SA (BRE) mBank 4Q19 Results Review

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Ipopema Securities

EUR 30.00 For Business Accounts Only

mBank 4Q19 Results Review

mBank reported net profit of PLN 116m (-67% q/q, -65%y/y) for 4Q19, 11% above consensus. The results were driven by:

06/02/2020 3 EN

Underlying

MBANK SA

mBank is a provider of comprehensive corporate banking services in Poland. Co. and its subsidiaries make up the mBank Group which is engaged in offering financial services. Co.'s service offering includes a comprehensive financial offer tailored to the needs of corporate clients, Private Banking clients, and retail clients. The business activities of Co. is conducted in the following business segments: Retail Banking and Corporates and Markets.

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PLBRE0000012 Warsaw Stock Exchange Poland

Provider

Ipopema Securities

Rapidly growing CEE brokerage with over 50 stocks under coverage across CEE4 countries: Poland, Czechia, Hungary, Romania.

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mBank 4Q19 Results Review

The Rear-View Mirror – EME markets: only the Czech Republic in the black in October

WOOD Daily: EBS AV; MBK PW; ING PW; JMT PL; KOMB CP; MCOVB SS; TKNSA TI; AKCNS TI; GARAN TI; BRD RO; ADNOCDIS UH; SAB1L LH; PL Macro; HU Macro; GR Macro; HTO GA; DIGI RO; BDX PW; PGE PW; TPE PW; CAR PW

WOOD Daily: ELPE GA; MOH GA; VGO PW; ALE PW; INPST NA; OPL PW; CPS PW; ING PW; MBK PW; HUG PW

CD Projekt Cyberpunk2077â€™s release delayed till 17 September 2020

Agriculture Ukraine Agriculture Sector Monthly

Polish Video Game Developers 4Q19E result previews

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