By Helgi Library - August 21, 2023
Bank Millennium generated total banking revenues of PLN 1,517 mil in 2023-06-30, down 26.3% compared to the previous year. ...
By Helgi Library - August 21, 2023
Bank Millennium generated total banking revenues of PLN 1,517 mil in 2023-06-30, down 26.3% compared to the previous year. ...
By Helgi Library - August 21, 2023
Bank Millennium's net interest margin amounted to 4.67% in the second quarter of 2023, up from 4.49% when compared to the previo...
| Profit Statement |
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| income statement | Unit | Dec 1997 | Mar 1998 | Jun 1998 | Sep 1998 | Dec 1998 | Mar 1999 | Jun 1999 | Sep 1999 | Dec 1999 | Mar 2000 | Jun 2000 | Sep 2000 | Dec 2000 | Mar 2001 | Jun 2001 | Sep 2001 | Dec 2001 | Mar 2002 | Jun 2002 | Sep 2002 | Dec 2002 | Mar 2003 | Jun 2003 | Sep 2003 | Dec 2003 | Mar 2004 | Jun 2004 | Sep 2004 | Dec 2004 | Mar 2005 | Jun 2005 | Sep 2005 | Dec 2005 | Mar 2006 | Jun 2006 | Sep 2006 | Dec 2006 | Mar 2007 | Jun 2007 | Sep 2007 | Dec 2007 | Mar 2008 | Jun 2008 | Sep 2008 | Dec 2008 | Mar 2009 | Jun 2009 | Sep 2009 | Dec 2009 | Mar 2010 | Jun 2010 | Sep 2010 | Dec 2010 | Mar 2011 | Jun 2011 | Sep 2011 | Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 |
| growth rates | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Interest Income Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 23.4 | 55.1 | 79.3 | -123 | 75.8 |
| ratios | Unit | Dec 1997 | Mar 1998 | Jun 1998 | Sep 1998 | Dec 1998 | Mar 1999 | Jun 1999 | Sep 1999 | Dec 1999 | Mar 2000 | Jun 2000 | Sep 2000 | Dec 2000 | Mar 2001 | Jun 2001 | Sep 2001 | Dec 2001 | Mar 2002 | Jun 2002 | Sep 2002 | Dec 2002 | Mar 2003 | Jun 2003 | Sep 2003 | Dec 2003 | Mar 2004 | Jun 2004 | Sep 2004 | Dec 2004 | Mar 2005 | Jun 2005 | Sep 2005 | Dec 2005 | Mar 2006 | Jun 2006 | Sep 2006 | Dec 2006 | Mar 2007 | Jun 2007 | Sep 2007 | Dec 2007 | Mar 2008 | Jun 2008 | Sep 2008 | Dec 2008 | Mar 2009 | Jun 2009 | Sep 2009 | Dec 2009 | Mar 2010 | Jun 2010 | Sep 2010 | Dec 2010 | Mar 2011 | Jun 2011 | Sep 2011 | Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 |
| ROTE | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -6.54 | -1.70 | -2.12 | -16.9 | 4.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Return on Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Costs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
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By Helgi Library - August 21, 2023
Bank Millennium's net interest margin amounted to 4.67% in the second quarter of 2023, up from 4.49% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 5.41% in 2Q2008 and an all time low of -...
By Helgi Library - September 14, 2023
Bank Millennium has issued total of 3.76 mil payment cards at the end of 2022-09-30, up 1.59% compared to the previous year. Polish banking sector banking sector issued total of 44.1 mil of bank cards in 2022-09-30, up 0.271% when compared to the last ...
By Helgi Library - September 14, 2023
Bank Millennium has issued total of 3.76 mil payment cards at the end of 2022-09-30, up 1.59% compared to the previous year. Polish banking sector banking sector issued total of 44.1 mil of bank cards in 2022-09-30, up 0.271% when compared to the last ...
By Helgi Library - August 21, 2023
Bank Millennium's mortgage loans reached PLN 40,357 mil in 2Q2023, down 2.06% compared to the previous year. Polish banking sector provided mortgage loans of PLN 445 in 2Q2023, down 1.64% when compared to the last year. Bank Millennium accounted for 9.06%...
By Helgi Library - August 21, 2023
Bank Millennium's mortgage loans reached PLN 40,357 mil in 2Q2023, down 2.06% compared to the previous year. Polish banking sector provided mortgage loans of PLN 445 in 2Q2023, down 1.64% when compared to the last year. Bank Millennium accounted for 9.06%...
By Helgi Library - August 21, 2023
Bank Millennium's customer loans reached PLN 74,152 mil in 2023-06-30, down 1.63% compared to the previous year. Polish banking sector provided customer loans of PLN 1,584 bil in 2023-06-30, down 0.064% when compared to the last year. Bank Millennium acco...
By Helgi Library - August 21, 2023
Bank Millennium's customer loans reached PLN 74,152 mil in 2023-06-30, down 1.63% compared to the previous year. Polish banking sector provided customer loans of PLN 1,584 bil in 2023-06-30, down 0.064% when compared to the last year. Bank Millennium acco...
By Helgi Library - August 21, 2023
Bank Millennium's customer deposits reached PLN 100,597 mil in 2023-06-30, down 0.276% compared to the previous year. Polish banking sector accepted customer deposits of PLN 2,045 bil in 2023-06-30, up 2.00% when compared to the last year. Bank Millennium...
By Helgi Library - August 21, 2023
Bank Millennium's customer deposits reached PLN 100,597 mil in 2023-06-30, down 0.276% compared to the previous year. Polish banking sector accepted customer deposits of PLN 2,045 bil in 2023-06-30, up 2.00% when compared to the last year. Bank Millennium...
By Helgi Library - August 21, 2023
Bank Millennium's retail loans reached PLN 57,963 mil in the second quarter of 2023, down 0.927% compared to the previous year. Polish banking sector provided retail loans of PLN 722 bil in 2Q2023, down 0.570% when compared to the last year. Bank Millenni...
Bank Millennium is Poland's nationwide universal bank, offering its services to all market segments via a network of branches, individual advisors and electronic banking. Its product and service offer includes personal accounts, debit and credit cards, overdraft limits, cash and mortgage loans, saving accounts, term deposits, investment funds, brokerage services, structured products and insurance products. Bank Millennium has made its name through providing of FX-denominated mortgage loans. In 2008, the bank became the second largest mortgage lender in the country with over 11% market share. Banco Comercial Portugues is the strategic shareholder with a 65.5% stake
Bank Millennium has been growing its revenues and asset by 6.69% and 7.72% a year on average in the last 10 years. Its loans and deposits have grown by 6.65% and 8.99% a year during that time and loans to deposits ratio reached 78.1% at the end of 2022. The company achieved an average return on equity of 4.16% in the last decade with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 52.2% in 2022, compared to 48.9% average in the last decade.
Equity represented 4.95% of total assets or 7.18% of loans at the end of 2022. Bank Millennium's non-performing loans were 4.39% of total loans while provisions covered some 69.8% of NPLs at the end of 2022.
Bank Millennium stock traded at per share at the end of 2022 resulting in a market capitalization of . Over the previous three years, stock price rose by 0% or 0% a year on average. That’s compared to an average ROE of -8.55% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of -5.48x and price to book value (PBV) of 1.01x in 2022.
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