Bank Millennium's cost to income ratio reached 29.5% in the second quarter of 2023, up from 25.4% when compared to the previous quarter.
Historically, the bank’s costs reached an all time high of 65.0% of income in 3Q2022 and an all time low of 25.4% in 1Q2023.
When compared to total assets, bank's cost amounted to 1.57% in 2Q2023, down from 1.86% in the previous quarter.
Staff accounted for 57.1% of total operating expenditures in the second quarter of 2023. The bank operated a network of 621 branches and employed 6,746 persons in 2Q2023.
When compared to bank's main peers, PKO BP operated in 2Q2023 with a cost to income ratio of 30.2% Pekao reached 36.7% and ING Bank Slaski some 38.6%.
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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