Erste Group stock faces Poland tender with new offer details
Published on 11/02/2026 at 14:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPoland tender enters decisive phase
- Erste Group plans to raise its stake in Erste Bank Polska above 50 percent while keeping ownership below 75 percent.
- The bank lifted its 2026 lending, net interest income, fee income and cost-to-income targets.
- Investor focus now shifts to shareholder participation, financing and the integration of the Polish business.
Erste Group will launch its voluntary tender offer for shares in Erste Bank Polska on Monday, November 2, after receiving regulatory approval. The subscription period is scheduled to start on Tuesday, November 3, according to the bank's October 30 investor update.
The offer is intended to lift Erste Group's stake from 49 percent to more than 50 percent while keeping ownership below 75 percent. The expected offer price is about PLN 713 per share, with settlement anticipated in December 2026. The final ownership level will depend on shareholder participation.
Higher targets follow strong lending
Erste Group raised its 2026 customer-loan target to more than 290 billion euros, including Erste Bank Polska. Customer loans reached 287.4 billion euros at the end of September, an increase of 23.9 percent from December 2025. The Polish portfolio contributed 41.9 billion euros.
The group also lifted its outlook excluding Erste Bank Polska. Net interest income is now expected to grow by more than 6 percent in 2026, compared with about 5 percent previously. Fee and commission income is projected to rise by around 10 percent, while the cost-to-income ratio is expected to remain below 46 percent.
Including the Polish business, net profit for the first nine months rose 20.6 percent year over year to 3.1 billion euros. The pro forma CET1 ratio stood at 15.0 percent at the end of the third quarter. Erste Group's real-time quote of Erste Group stock was 108.60 euros on Lang & Schwarz at 14:38 CET on Monday, November 2, 2026, 0.18 percent above the Xetra close of Friday, October 30.
Erste Group Bank AG
- ISIN: AT0000652011
- Ticker: EBO
- Lang & Schwarz quote: 108.60 euros, November 2, 2026, 14:38 CET
- Change versus Xetra close: 0.18 percent higher than 108.40 euros on October 30, 2026
- First-nine-month net profit: 3.1 billion euros including Erste Bank Polska
- Pro forma CET1 ratio: 15.0 percent at the end of the third quarter
Austria's banking sector remains in focus alongside developments in the ATX.
