QM · rank #16 · 2026-07-20
XTB
GPW · PLN · $4.09B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +51.99% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +41.6% |
| Profit margin Net profit margin, trailing 12 months. | +31.2% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $4.09B |
| Anchor (recent) Close on 2026-06-19 | $109.50 |
| Anchor (far) Close on 2025-06-20 | $72.05 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
XTB (XTB@GPW) is Poland's dominant retail online broker offering FX, CFDs, equities, and ETFs to over 2.16 million global clients via its proprietary xStation platform.
Rationale
Record Q1 2026 net profit of PLN 535M (+176% YoY), ROE of 42%, and 52% trailing momentum collectively confirm that the quality-momentum signal is grounded in genuine fundamental acceleration, not mere sentiment rotation.
Material risks
- 1Escalating regulatory pressure on CFD/leveraged products—evidenced by the KNF's PLN 20M MiFID II fine—could trigger product restrictions or margin caps that directly compress XTB's highest-revenue segment.
- 2The aggressive client-acquisition model (PLN 235M quarterly marketing, 250K–290K new clients/quarter target) is volume-dependent; a market volatility drought or competitive price war with Trade Republic in Germany could sharply deflate revenue without a contracted backlog to cushion it.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.