btlines

BMC GPW sWIG80 Periodic report · PAP Biznes

Bumech (BMC) · Q2 2026 results

Share price: 10.80 zł · 2026-11-10

Results Q2 2026 vs Q2 2025 · year over year · published 28 Jul 2026 and 29 Jul 2025

Net income turned to a profit from a loss a year earlier. The report's language is unchanged.

Only a basic analysis is available for this company at the moment.

1 · Numbers

Turned profit

Net income vs Q2 2025

Net income 600.3M vs -416.0K

Revenue −55.9%

2 · How the report reads

Unchanged

Language tone vs last period

Report language: typical for a company report — about as upbeat as in Q2 2025.

Weak signal: formal report language, not a call.

3 · What stood out

Figure

The original value of the portfolio of granted CHF contracts (sum of tranches paid out to clients) taking into account the exchange rate on the date…

Valuation

Reverse DCF. Free cash flow from the last full fiscal year, grown for 10 years, discounted back, plus a terminal value. “Implied growth” is the rate the current price assumes.

Valuation unavailable: free cash flow and profit were negative in the last full year and on average over the last three, so there is nothing to discount.

Current price

10.80 zł

close of 2026-11-10

Revenue growth, 3 years

−33.4% a year

compound annual rate (CAGR)

Official channels

The company's own website and social media accounts.

Read between the lines

  1. Key theme

    Costs in 2kw26 were impacted by seasonal and extraordinary items, primarily costs related to the portfolio of foreign currency mortgage and consumer loans.

    Source quote
    “2Q26 was influenced by several seasonal and extraordinary items, primarily costs related to the portfolio of currency-denominated mortgage loans and consumer loans.”

Tone

How upbeat the language was, compared with other companiesiTone counts positive minus negative finance words, adjusted for length. Executives mostly speak positively, so the labels compare each call with every company's latest call: “typical” is the middle third, “very upbeat” the top tenth, “cautious” the bottom tenth.. Dot: Q2 2026. Ring: Q2 2025.

Report language Typical (was typical)

Typical for a company report — about as upbeat as in Q2 2025. Periodic reports carry legally required risk wording, so their tone moves little and is a weak signal.

Sentences that drove the tone
“Bank Millennium Group reported a high net profit of PLN 408 million in 2Q26, which is 23% higher than in 2Q25, while the net profit for 1H26 amounted to PLN 708 million,...”
“Key events in 2Q26 were as follows: • The Group's high net profit in 2Q26 amounted to 408 million PLN, representing an increase of 23% y/y and 36% q/q, increasing net profit for...”
“He won in the categories Best mobile app, Best in-branch account opening process, and Best remote account opening process (selfie, mObywatel).”

Full figures

PLN · PAP Biznes report (2026-05-29)

Metric Q2 2026 Q2 2025 Change
Revenue 38.4M 87.1M −55.9%
Gross profit — 15.9M
Operating income 611.9M 4.3M +14066.5%
Net income 600.3M -416.0K Turned profit
EPS 40.02 -0.03 Turned profit
P/E 12-mo loss 12-mo loss —

Topics

Topics are drawn from the full report text, not management commentary.

Most discussed now

  • In pursuing these goals, the Group aims to achieve internal long-term capital limits (targets) defined in the Risk Strategy.
  • In Millenium for Business, enabling the handling of the KSeF number, providing access to invoice visualization, and streamlining the…
  • The following data for the portfolio of debt and derivative instruments include the Bank's data:
  • The non-performing loan ratio for retail customers fell from 3.91% to 3.70% (reflecting a decrease of 0.28 p.p.)
  • Change in the value of financial assets at fair value through profit or loss

Faded since Q2 2025

  • Fading Market risk includes the current and potential impact that changes in the Group's balance sheet value due to adverse changes in market…
  • Fading Valuation effect of the loan portfolio intended for pooling to the Mortgage Bank
  • Fading This resulted mainly from the significantly increased utilization of these reserves – 2,101 million PLN was utilized in the last 12 months.
  • Fading In this case, the gross loan portfolio represents the value of loans and advances before the aforementioned provisions and adjustments.

Latest announcements

Official filings, newest first.

Similar companies

Energy · Thermal Coal
All Energy companies →