mBank SA (MBK) — Free Cash Flow Generation Index
Latest as of March 2026:
0.88x
mBank SA (MBK) has a Free Cash Flow Generation Index of 0.88x as of March 2026. Free cash flow of zł2.09 Billion represents 1% of operating cash flow (zł2.38 Billion). Explore MBK capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
0.88x
Free Cash Flow / Operating CF
Free Cash Flow
zł2.09 Billion
PLN
Operating Cash Flow
zł2.38 Billion
PLN
Capital Expenditures
zł288.00 Million
PLN
mBank SA Free Cash Flow Generation Index (2003–2025)
Historical FCF Generation Index trend for mBank SA across 13 annual periods. For the full cash flow conversion analysis, see mBank SA cash flow conversion.
Annual Free Cash Flow Generation for mBank SA (2003–2025)
Year-by-year Free Cash Flow Generation Index for mBank SA. Check MBK total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (PLN) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.68x | zł1.86 Billion | zł2.73 Billion | zł869.12 Million | ▼ -29.3% |
| 2023 | 0.96x | zł18.78 Billion | zł19.50 Billion | zł718.50 Million | ▲ +3.6% |
| 2022 | 0.93x | zł7.42 Billion | zł7.99 Billion | zł563.11 Million | ▼ -1.7% |
| 2021 | 0.95x | zł10.21 Billion | zł10.80 Billion | zł589.40 Million | ▲ +61.9% |
| 2020 | 0.58x | zł775.52 Million | zł1.33 Billion | zł552.49 Million | ▲ +15.2% |
| 2018 | 0.51x | zł574.17 Million | zł1.13 Billion | zł558.57 Million | ▼ -46.9% |
| 2016 | 0.96x | zł7.98 Billion | zł8.36 Billion | zł375.63 Million | ▲ +0.4% |
| 2015 | 0.95x | zł6.65 Billion | zł6.99 Billion | zł342.94 Million | ▲ +98.7% |
| 2014 | 0.48x | zł230.62 Million | zł481.92 Million | zł251.30 Million | ▼ -48.3% |
| 2012 | 0.92x | zł3.28 Billion | zł3.55 Billion | zł266.85 Million | ▲ +14.5% |
| 2011 | 0.81x | zł1.29 Billion | zł1.59 Billion | zł306.24 Million | ▲ +41.2% |
| 2004 | 0.57x | zł271.92 Million | zł475.34 Million | zł203.41 Million | ▼ -38.5% |
| 2003 | 0.93x | zł2.27 Billion | zł2.44 Billion | zł172.06 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).