BlackRock cuts Pekao stake below 5 percent: Pekao stock loses 1.53 percent

Published on 10/08/2026 at 12:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half net profit fell to PLN 2.75 billion from PLN 3.29 billion. Pekao stock costs EUR 60.52 on October 8, 2026 after EUR 61.46.

Pekao, PLPEKAO00016, Illustration mit AI erstellt.

Pekao (PLPEKAO00016) was trading at EUR 60.52 at Lang & Schwarz on October 8, 2026 at 12:01 p.m. CEST, down 1.53 percent versus the prior close of EUR 61.46. A same-day filing listed by Bossa said BlackRock had reduced its voting stake in Bank Pekao below 5 percent on October 8, 2026.

BlackRock filing changes ownership picture

The filing gives the market a concrete ownership update while the share price is under pressure in the current session. The notice concerns voting rights rather than a new operating forecast, so the immediate investor question is whether the disclosure changes the bank's shareholder balance.

Bank Pekao trades on the Warsaw Stock Exchange under the ticker PEO. The finance profile classifies the company as a regional bank within financial services, with retail, corporate and investment banking operations in Poland and abroad.

First-half profit carried three pressures

The Industry Spread reported that first-half 2026 net profit fell to PLN 2.75 billion from PLN 3.29 billion in the first half of 2025. The report attributed the decline to a higher corporate income tax rate, lower market interest rates and a PLN 84.00 million increase in Bank Guarantee Fund contributions.

Net interest income also declined to PLN 6.61 billion from PLN 6.86 billion over the same comparison period, while fee income rose 11.00 percent to PLN 1.66 billion. That mix matters because a weaker interest contribution leaves efficiency and fee generation carrying more of the earnings burden.

Results date gives the next checkpoint

Bank Pekao's investor-relations page lists October 29, 2026 for the consolidated third-quarter 2026 report. The upcoming release will show whether the first-half pressure on interest income and profit continued into the second half.

The Warsaw-listed shares had a 52-week range of PLN 164.60 to PLN 285.90 on October 8, 2026, while market capitalization stood at PLN 69.5 billion. The euro quote therefore sits below the current Polish zloty range only as a cross-venue reference and should not be combined with that range for a percentage calculation.

Ownership and earnings now meet

The same-day ownership filing and the October 29 reporting date create two separate markers for Pekao stock. The filing is immediate, while the earnings release will provide the next quantified test of whether lower interest income and higher bank charges are easing.

At Lang & Schwarz, Pekao stock was trading at EUR 60.52 on October 8, 2026 at 12:01 p.m. CEST, down 1.53 percent versus the EUR 61.46 prior close from October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Pekao stock.