Alior Bank to pay PLN 8.93 dividend per share - PLN 1.17 bn in total, payment 27 May 2026

Alior Bank: PLN 8.93 dividend per share, PLN 1.17 bn total payout - 7.2% yield at PLN 123.75

The annual general meeting of Alior Bank has approved a dividend of PLN 8.93 per share from 2025 net profits - the total payout amounts to PLN 1,165.8 m (approximately PLN 1.17 bn). The record date is set for 13 May 2026, with payment on 27 May 2026. At the current share price of PLN 123.75, the dividend yield reaches 7.2% - one of the highest in the WIG20 banking cluster in 2026.

In absolute terms it is the smallest of the Polish big-bank dividends this season - but in percentage terms Alior sits in the top tier, just behind Pekao (7.3% yield) and clearly above the WIG20 average (5.1%). For minority shareholders - including pension funds and retail investors - this confirms that a bank once seen as a specialist consumer-lending player has firmly entered the mature, dividend-paying blue-chip phase.

A bank from the PZU stable - Warsaw HQ, capital from the insurance group

Alior Bank SA - a joint-stock company with KRS code 0000305178 and headquarters in Warsaw in Mazowieckie voivodeship - is one of the younger Polish universal banks, operating since 2008, but listed in the WIG20 index and now counted among the top five commercial banks in the country. Shares trade on the WSE under the ticker ALR, sector: commercial banking.

The ownership structure is defined by a controlling block held by the Powszechny Zakład Ubezpieczeń group - PZU owns approximately 32% of Alior Bank shares and is the dominant shareholder. Since PZU itself remains under State Treasury control, the ownership chain runs: Alior Bank then PZU then State Treasury. That means of the PLN 1.17 bn Alior dividend, about PLN 370 m flows to PZU - which then redistributes its cash inflows to its own shareholders, including indirectly to the state budget. The chain is visible in the Beneficial owners section of the bank profile.

WIG20 position and role in the 2026 dividend season

Alior is one of the five banks in the WIG20 index - alongside PKO BP, Bank Pekao, Santander Bank Polska, and mBank. By dividend amount in 2026 it ranks last in this group: PKO BP pays PLN 7.68 bn, Pekao PLN 5.2 bn, Santander around PLN 5.1 bn, and Alior - PLN 1.17 bn. The full Polish banking sector is set to distribute around PLN 15–18 bn in 2026, the highest in WSE history; mBank, by contrast, has signalled a return to dividends only in 2027.

Despite the smallest amount, Alior plays an important narrative role in this race. It is the only one of the five that is not a historic, state-rooted universal bank with decades of tradition - and at the same time the one whose capital policy is most tightly intertwined with PZU. A PLN 1.17 bn payout with CET1 still above 14% shows the bank has a buffer that allows an aggressive payout without solvency compromises - and confirms that PZU treats Alior as a stable cash source within its own capital group.

Implication: PZU as the dividend hub of the Polish market

From a market-wide perspective, the most interesting feature of this dividend is not the PLN 8.93 per share - it is the way the cash flows inside the PZU group. The insurer not only owns 32% of Alior, but also controls 20% of Bank Pekao - meaning that from this year's two banking-sector payouts, approximately PLN 1.4 bn lands in PZU's coffers in total (PLN 370 m from Alior plus around PLN 1 bn from Pekao). That is a sum comparable to the annual net profit of many mid-cap WIG20 companies.

“PZU has become the central dividend hub of the Polish market in 2026 - almost PLN 1.4 bn flows to it from two banks under its control, and the insurer then redistributes that stream to its own shareholders, including the State Treasury. The architecture of this cascade is one of the most interesting capital-allocation mechanisms in Polish banking - and a key element of the 2026 budget.”

What you'll find in the Alior Bank profile

The Alior Bank SA profile in our database carries the full financial history of the capital group (Alior Leasing, Alior TFI, Alior Services), the current management board and supervisory board, the complete KRS registry-event history since 2008, and beneficial owners leading via PZU to the State Treasury. The Financial statements section shows every balance-sheet and income-statement line - letting you track how net profit grew across 2023–2025 alongside the rise in the banking sector net interest margin (NIM), which directly translates into the bank's growing dividend capacity.

Data: Strefa Inwestorów - Alior Bank communication on the 2025 profit-distribution proposal; Alior Bank AGM resolution; GPW - ALR closing price 1 May 2026; KRS - current readout, as of 2026-05-01.