Bank Millennium's net interest margin amounted to 3.11% in 2022, up from 2.69% compared to the previous year.
Historically, the bank’s net interest margin reached an all time high of 9.18% in 1995 and an all time low of 0% in 1999. The average margin in the last five years amounted to 2.75%.
Average asset yield was 4.65% in 2022, up from 2.82% when compared to previous year. On the other hand, cost of funding amounted to 1.64% in 2022, up from 0.139%.
Comparing Bank Millennium with its closest peers, PKO BP operated in 2022 with a net interest margin of 2.69% in 2022, Pekao reached 3.10% and ING Bank Slaski some 2.68%.
You can see all the bank’s data at Bank Millennium Profile, or you can download a report on the bank in the report section.
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