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...
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| income statement | Unit | Jan 1997 | Apr 1997 | Jul 1997 | Oct 1997 | Jan 1998 | Apr 1998 | Jul 1998 | Oct 1998 | Jan 1999 | Apr 1999 | Jul 1999 | Oct 1999 | Jan 2000 | Apr 2000 | Jul 2000 | Oct 2000 | Jan 2001 | Apr 2001 | Jul 2001 | Oct 2001 | Jan 2002 | Apr 2002 | Jul 2002 | Oct 2002 | Jan 2003 | Apr 2003 | Jul 2003 | Oct 2003 | Jan 2004 | Apr 2004 | Jul 2004 | Oct 2004 | Jan 2005 | Apr 2005 | Jul 2005 | Oct 2005 | Jan 2006 | Apr 2006 | Jul 2006 | Oct 2006 | Jan 2007 | Apr 2007 | Jul 2007 | Oct 2007 | Jan 2008 | Apr 2008 | Jul 2008 | Oct 2008 | Jan 2009 | Apr 2009 | Jul 2009 | Oct 2009 | Jan 2010 | Apr 2010 | Jul 2010 | Oct 2010 | Jan 2011 | Apr 2011 | Jul 2011 | Oct 2011 | Jan 2012 | Apr 2012 | Jul 2012 | Oct 2012 | Jan 2013 | Apr 2013 | Jul 2013 | Oct 2013 | Jan 2014 | Apr 2014 | Jul 2014 | Oct 2014 | Jan 2015 | Apr 2015 | Jul 2015 | Oct 2015 | Jan 2016 | Apr 2016 | Jul 2016 | Oct 2016 | Jan 2017 | Apr 2017 | Jul 2017 | Oct 2017 | Jan 2018 | Apr 2018 | Jul 2018 | Oct 2018 | Jan 2019 | Apr 2019 | Jul 2019 | Oct 2019 | Jan 2020 | Apr 2020 | Jul 2020 | Oct 2020 | Jan 2021 | Apr 2021 | Jul 2021 | Oct 2021 | Jan 2022 | Apr 2022 | Jul 2022 | Oct 2022 | Jan 2023 | Apr 2023 | Jun 2023 |
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| Net Interest Income Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| ratios | Unit | Jan 1997 | Apr 1997 | Jul 1997 | Oct 1997 | Jan 1998 | Apr 1998 | Jul 1998 | Oct 1998 | Jan 1999 | Apr 1999 | Jul 1999 | Oct 1999 | Jan 2000 | Apr 2000 | Jul 2000 | Oct 2000 | Jan 2001 | Apr 2001 | Jul 2001 | Oct 2001 | Jan 2002 | Apr 2002 | Jul 2002 | Oct 2002 | Jan 2003 | Apr 2003 | Jul 2003 | Oct 2003 | Jan 2004 | Apr 2004 | Jul 2004 | Oct 2004 | Jan 2005 | Apr 2005 | Jul 2005 | Oct 2005 | Jan 2006 | Apr 2006 | Jul 2006 | Oct 2006 | Jan 2007 | Apr 2007 | Jul 2007 | Oct 2007 | Jan 2008 | Apr 2008 | Jul 2008 | Oct 2008 | Jan 2009 | Apr 2009 | Jul 2009 | Oct 2009 | Jan 2010 | Apr 2010 | Jul 2010 | Oct 2010 | Jan 2011 | Apr 2011 | Jul 2011 | Oct 2011 | Jan 2012 | Apr 2012 | Jul 2012 | Oct 2012 | Jan 2013 | Apr 2013 | Jul 2013 | Oct 2013 | Jan 2014 | Apr 2014 | Jul 2014 | Oct 2014 | Jan 2015 | Apr 2015 | Jul 2015 | Oct 2015 | Jan 2016 | Apr 2016 | Jul 2016 | Oct 2016 | Jan 2017 | Apr 2017 | Jul 2017 | Oct 2017 | Jan 2018 | Apr 2018 | Jul 2018 | Oct 2018 | Jan 2019 | Apr 2019 | Jul 2019 | Oct 2019 | Jan 2020 | Apr 2020 | Jul 2020 | Oct 2020 | Jan 2021 | Apr 2021 | Jul 2021 | Oct 2021 | Jan 2022 | Apr 2022 | Jul 2022 | Oct 2022 | Jan 2023 | Apr 2023 | Jun 2023 |
| ROTE | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| 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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