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Shareholder structure
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Financial results

1Q 2017
resultsMore

2016
results More

2015
online reportMore

See all of financial results

Key figures

Key figures of ING BANK ŚLĄSKI SADownload

restated, comparable data

mln PLN	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	1Q 2017

Total income¹	2 076,9	2 132,5	2 548,6	2 747,2	2 990,0	3 245,1	3 328,5	3 544,8	3 778,1	4 324,5	1 134,5
Total expenses	1 393,1	1 503,9	1 505,9	1 609,5	1 700,0	1 866,2	1 868,4	1 929,7	2 155,7	2 099,2	564,4
Net income	630,7	445,4	595,1	753,1	880,1	832,3	961,5	1 040,7	1 127,0	1 253,0	300,2
Loans²	16 379,1	24 088,8	27 330,9	31 240,5	38 457,1	45 205,6	48 552,1	57 130,9	68 681,0	78 069,5	80 693,8
Deposits	44 501,8	47 066,9	47 584,7	47 400,1	52 932,1	57 898,4	67 547,9	75 658,9	87 818,5	95 825,4	96 620,7

Loans / Deposits	36,8%	51,2%	57,4%	65,9%	72,7%	78,1%	71,9%	75,5%	78,2%	81,5%	83,5%
Cost / Income	67,1%	70,5%	59,1%	58,6%	56,9%	57,5%	56,1%	54,4%	57,1%	48,5%	49,7%
ROE	16,7%	11,0%	13,1%	14,2%	14,7%	11,7%	11,6%	11,1%	11,0%	11,7%	12%
ROA	1,2%	0,7%	0,9%	1,2%	1,3%	1,1%	1,2%	1,1%	1,1%	1,1%	1,1%
Total capital ratio	13,1%	10,4%	12,0%	13,2%	11,9%	14,6%	17,3%	14,2%	13,7%	14,7%	14,3%
Tier 1 ratio	13,1%	10,4%	12,0%	13,2%	11,9%	14,6%	17,3%	14,2%	13,7%	13,7%	13,3%

Book value per share (PLN)	29,5	32,5	37,5	43,4	49,3	62,5	66,3	80,4	82,1	80,5	82,9
Earnings per share (PLN)	4,85	3,42	4,57	5,79	6,76	6,40	7,39	8,00	8,66	9,63	9,23

¹ Including share in subsidiaries profits
² Net loans and other receivables from customers, excluding Eurobond portfolio

Current reports

Change of interest on the bonds series INGBS191219.Download14.06.2017

Change of interest on the bonds series INGBS061217.Download06.06.2017

Registration of amendments to the ING Bank Śląski S.A. Charter.Download22.05.2017 AnnexDownload22.05.2017

Notice of submission of an application to the Polish Financial Supervision Authority for permission to establish a mortgage bank.Download26.04.2017

Amount of annual contribution for BGF compulsory resolution fund.Download25.04.2017

Shareholders holding 5 percent or more of votes at the Ordinary General Meeting of ING Bank Śląski S.A.Download21.04.2017

Change on the Supervisory Board.Download21.04.2017 AnnexDownload21.04.2017

Resolutions of the Ordinary General Meeting of ING Bank Śląski S.A.Download21.04.2017 AnnexDownload21.04.2017

Changes to composition of the Management Board of ING Bank Śląski S.A.Download21.04.2017 AnnexDownload21.04.2017

See all

Calendar

Upcoming events

2.08.2017	Semi-annual report 2017
2.11.2017	Report for Q3 2017
1.02.2018	Report for Q4 2017
30.03.2018	Annual report for 2017

See archive

10.05.2017	Report for Q1 2017
21.04.2017	Ordinary General Meeting
3.03.2017	Annual report for 2016
2.02.2017	Report for Q4 2016
3.11.2016	Report for Q3 2016
3.08.2016	Semi-annual report 2016
10.05.2016	Report for Q1 2016
31.03.2016	Ordinary General Meeting
29.02.2016	Annual report for 2015
4.02.2016	Report for Q4 2015
4.11.2015	Report for Q3 2015
5.08.2015	Semi-annual report 2015
7.05.2015	Report for Q1 2015
31.03.2015	Ordinary General Meeting
2.03.2015	Annual report for 2014
11.02.2015	Report for Q4 2014.
05.11.2014	Report for Q3 2014.
06.08.2014	Semi-annual report 2014
07.05.2014	Report for Q1 2014.
07.03.2014	Annual report for the year 2013

Share Price Performance

Dividends

Dividend policy

On 15 September 2016 the Supervisory Board has approved the ING Bank Śląski S.A. Dividend Policy as recommended by the Bank Management Board. On 3 March 2017 the Supervisory Board has approved the updated Dividend Policy.

The Dividend Policy endorses:

a long-term stable process of dividend payout in adherence to the rules of prudent management and any and all regulatory requirements which the Bank shall comply with, and
the option to pay dividend from the capital surplus over the minimum capital adequacy ratios and over the minimum Tier 1 capital ratio of 13.75% set for the Bank by the Polish Financial Supervision Authority (“PFSA”) for dividend payout purposes.

When determining the recommended dividend payout amount, the Bank Management Board will review in particular the following terms and conditions:

the current financial standing of the Bank and the Bank Group, including limitations in the case of sustaining financial loss or low profitability (low ROA/ROE),
assumptions of the Bank's and Bank Group’s management strategy, including risk management strategy,
PFSA’s stance on the banks’ dividend policy, and
limitations under Article 56 of the Act on macroprudential supervision over the financial system and crisis management in the financial system of 5 August 2015.

Details: Dividend policy of ING Bank Śląski S.A. (15 September 2016).

Update of the ING Bank Śląski S.A. Dividend policy (3 March 2017).

Dividend story

Dividend yield (%)

Dividend per share (PLN)

Note: Data prior the share split in November 2011 (1:10) adjusted accordingly.
Dividend yield as of dividend day.

Zobacz więcej

Year	Net result standalone (PLN m)	Net result consolidated (PLN m)	Dividend (PLN m)	Dividend payout ratio standalone (%)	Dividend payout ratio consolidated (%)	Dividend per share (PLN)	Dividend date	Share price at dividend date (PLN)	Dividend yield (%)	Dividend payout date
2016	1 208,7	1 253,0	-	-	-	-	-	-	-	-
2015	1 140,0	1 127,0	559,4	49,1%	49,6%	4,30	20.4.2016	121,80	3,5%	5.5.2016
2014	1 067,9	1 040,7	520,4	48,7%	50,0%	4,00	20.4.2015	143,95	2,8%	5.5.2015
2013	920,1	961,5	572,4	62,2%	59,5%	4,40	14.5.2014	129,60	3,4%	3.6.2014
2012	757,8	832,3	-	-	-	-	-	-	-	-
2011	903,6	880,1	-	-	-	-	-	-	-	-
2010	702,3	753,1	195,2	27,8%	25,9%	1,50	22.6.2011	85,50	1,8%	1.7.2011
2009	582,2	595,1	-	-	-	-	-	-	-	-
2008	455,6	445,4	-	-	-	-	-	-	-	-
2007	610,2	630,7	152,2	24,9%	24,1%	1,17	14.5.2008	53,10	2,2%	2.6.2008
2006	540,6	591,4	363,0	67,1%	61,4%	2,79	24.5.2007	87,00	3,2%	11.6.2007
2005	506,8	549,5	357,8	70,6%	65,1%	2,75	18.5.2006	64,50	4,3%	5.6.2006
2004	366,3	399,0	266,7	72,8%	66,8%	2,05	24.6.2005	43,70	4,7%	11.7.2005
2003	28,7	30,6	10,4	36,3%	34,0%	0,08	16.6.2004	37,40	0,2%	1.7.2004
2002	154,0	141,1	31,2	20,3%	22,1%	0,24	16.6.2003	30,95	0,8%	3.7.2003
2001	97,3	100,3	19,5	20,1%	19,5%	0,15	14.5.2002	38,50	0,4%	3.6.2002
2000	138,3	150,9	27,8	20,1%	18,4%	0,30	10.7.2001	26,95	1,1%	3.9.2001

Note: Data prior the share split in November 2011 (1:10) adjusted accordingly

Shareholder structure

ING Bank Śląski share capital amounts to PLN 130 100 000 and is divided into 92 600 000 A-series ordinary shares and 37 500 000 B-series ordinary shares of PLN 1 face value each.

75,00%
ING Bank N. V.
97 575 000 shares

   6,91%
Aviva Otwarty Fundusz
   Emerytalny Aviva BZ WBK
   9 000 000 shares

18,09%
Other stock exchange investors
23 525 000 shares

Based on the list of shareholders registered at the Ordinary General Meeting of ING Bank Śląski S.A. held on 21 April 2017.

General meeting

General Meeting 2017

The results of the voting carried out during the Ordinary General Meeting of ING Bank Śląski S.A. held on 21 April 2017.Download

Analysts

The presented market consensus has been made on the basis of the reports of independent stock analysts monitoring the financial and commercial results of ING Bank Śląski S.A. and issuing recommendations for bank shares.

None of the estimates or recommendations presented below shall be seen as a forecast or opinion of the ING Bank Śląski S.A. Management Board. Management Board of the Bank did not publish any forecasts of the Company's results.

Recommendations

3
Buy / Accumulate
4
Hold / Neutral
5
Reduce / Sell

167,07 PLN
Average target price

Consensus

(Average based on analysts forecasts)

mln PLN	2017	2018	2019
Net profit	1 391	1 567	1 747
number of previews	12	12	8

Last update: 01.06.2017

Rating

Fitch Ratings	Moody's Investors Service
Long-term Issuer Default Rating (IDR): A	Long-term Deposits Rating: A3
Long-term IDR Outlook: Stable	Short-term Deposits Rating: P-2
Short-term Issuer Default Rating: F1	Baseline Credit Assessment (BCA): baa3
Viability Rating: bbb+	Adjusted Baseline Credit Assessment (Adjusted BCA): baa2
Support Rating: 1	Outlook: Stable
National Long-term Rating: AAA (pol)	Counterparty Risk Assessment (CR Assessment) long-term/short-term: A2 (cr) / P-1 (cr)
National Long-term Rating Outlook: Stable
National Short-term Rating: F1+ (pol)

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