Banco Comercial flags FX risks. Banco Comercial stock sits 8.87 percent below its 52-week high
Published on 10/09/2026 at 11:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Banco Comercial announced estimated provisions for legal risk linked to Bank Millennium FX mortgages in the third quarter of 2026.
- First-half 2026 net profit rose 12.70 percent to EUR 566.10 million, according to Morningstar DBRS.
- Banco Comercial stock was trading at EUR 1.13 at Lang & Schwarz on October 9, 2026, down 0.88 percent versus EUR 1.14.
Banco Comercial stock (ISIN PTBCP0AM0015) was trading at EUR 1.13 at Lang & Schwarz on October 9, 2026 at 11:50 a.m. CEST, down 0.88 percent versus the prior close of EUR 1.14. On October 7, Banco Comercial announced estimated provisions for legal risk linked to Bank Millennium's foreign-currency mortgage portfolio in the third quarter of 2026, as Yahoo Finance reported.
What do the latest figures show?
Morningstar DBRS reported on September 21, 2026, that first-half 2026 net profit rose 12.70 percent year over year to EUR 566.10 million. Net interest income increased 3.40 percent, while net fees and commissions rose 5.80 percent in the same period, according to Morningstar DBRS.
The credit agency also said BCP's common equity tier one ratio stood at 15.30 percent at the end of June 2026, while return on equity reached 15.00 percent. Those figures provide a stronger earnings backdrop, but the Polish mortgage portfolio remains a specific legal-risk factor in the current announcement.
Three dated events shape the story
On July 29, 2026, Banco Comercial's latest release covered second-quarter 2026 results, with earnings per share listed at USD 0.02 against a USD 0.0193 estimate on Investing.com. On October 2, 2026, the bank reported purchases of 23.30 million own shares during the preceding buyback period.
The October 2 disclosure said cumulative repurchases had reached 260.21 million shares, equal to 1.76 percent of the capital, according to the company's investor-relations release Banco Comercial. The October 7 provision announcement is the latest of the three events and shifts attention from capital returns to litigation-related charges.
What comes next for BCP?
Banco Comercial's next earnings report is scheduled for October 27, 2026, according to Investing.com. That date should put the third-quarter provision estimate into the broader earnings picture and allow investors to compare the legal-risk charge with the 15.30 percent capital ratio reported at the end of June.
Stock stays below the yearly high
At EUR 1.13, Banco Comercial stock stood 8.87 percent below its EUR 1.24 52-week high on October 9, 2026. Lang & Schwarz showed the prior close at EUR 1.14 on October 8, 2026, making the daily move a modest minus 0.88 percent while the market weighs the new provision information against the bank's first-half profitability.
The further course of trading is shown by the continuously updated real-time quote of Banco Comercial stock.
Banco Comercial at a glance
- Company: Banco Comercial Português, S.A.
- ISIN: PTBCP0AM0015
- Ticker: BCP
- Primary exchange: Euronext Lisbon
- Price Lang & Schwarz (as of October 9, 2026, 11:50 a.m. CEST): EUR 1.13
- Change versus prior close: minus 0.88 percent
- Prior close Lang & Schwarz (October 8, 2026): EUR 1.14
- Market capitalization: EUR 16.7 billion (as of October 9, 2026)
- 52-week range: EUR 0.74-EUR 1.24 (as of October 9, 2026)
- Sector / Industry: Financial Services / Banks - Regional
- Index membership: Euronext Eurozone 150 EW NR
- Next earnings date: October 27, 2026
Market context: Market report PSI 20.
