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Erste Group’s stock soars 100% as Poland expansion wins approval

A bold move into Poland sends Erste Group’s shares skyrocketing. Will this strategic bet pay off for Europe’s rising financial star?

In this image in the middle there is a train. At the bottom there is platform and text. On the left...
In this image in the middle there is a train. At the bottom there is platform and text. On the left there is a building, roof, pillar and platform. At the top there are buildings, roof, cables and sky.

Erste Group’s stock soars 100% as Poland expansion wins approval

Erste Group Bank has witnessed its stock market price surge by over 100% in the past year, making it one of Europe’s best-performing financial shares. The rise follows strong market confidence and regulatory approval for a major expansion into Poland, where the bank will acquire a controlling stake in Santander Bank Polska.

The bank’s stock closed at $118.83 on Friday, setting a new 52-week high. This marks a dramatic climb from its April low of $55, with gains of 17.65% over seven days, 28.88% over 30 days, and 104.6% year-to-date on the stock market. The share price has also broken through the $100 barrier, a level that often attracts further buying interest.

Regulators in Poland gave final approval for Erste Group to take a 49% stake in Santander Bank Polska. The deal, led by CEO Peter Bosek, will position the bank as the third-largest player in the Polish market once completed in mid-January 2026. Operational integration of the new acquisition is expected in the first quarter of that year, a phase that will test whether the market’s optimism translates into real growth. Technical indicators support the upward trend. The stock remains well above its key moving averages, and its relative strength index (RSI) of 65.7 suggests a strong but not yet overbought position on the stock market. The combination of regulatory progress, a clear uptrend, and significant outperformance from recent lows points to sustained buyer confidence in the stock market.

The acquisition will solidify Erste Group’s presence in Poland, with the deal’s completion and integration set for early 2026. If successful, the expansion could further strengthen the bank’s market position and justify the stock market’s recent rally. Investors will now watch how the operational merger unfolds and whether it delivers the expected financial benefits.

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