Bank Millennium's cost to income ratio reached 52.2% in 2022, up from 46.2% compared to the previous year.
Historically, the bank’s costs reached an all time high of 70.6% of income in 2004 and an all time low of 45.1% in 2019.
When compared to total assets, bank's cost amounted to 1.95% in 2022, up from 1.63% a year earlier.
Staff accounted for 43.8% of total operating expenditures in 2022. The bank operated a network of 635 branches and employed 6,860 persons in 2022.
Comparing Bank Millennium with its closest peers, PKO BP operated in 2022 with a cost to income ratio of 45.1% in 2022, Pekao reached 54.5% and ING Bank Slaski some 55.7%.
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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