Not yet registered? Register now, it's quick and easy.

Bank Millennium - Quarterly Cost Efficiency

Costs As % Of Assets & Income
Banking | Poland | February 21, 2018
Excel Sheet

Bank Millennium's cost to income ratio reached 48.7% in the third quarter of 2016, up from 41.8% when compared to the previous quarter.

Historically, the bank’s costs reached an all time high of 81.8% of income in 2Q2009 and an all time low of 41.8% in 2Q2016.

When compared to total assets, bank's cost amounted to 1.66% in 3Q2016, down from 2.18% in the previous quarter.

Staff accounted for 50.1% of total operating expenditures in the third quarter of 2016. The bank operated a network of 381 branches and employed 5,839 persons in 3Q2016.

When compared to bank's main peers, Pekao SA operated in 3Q2016 with a cost to income ratio of 45.2% and ING Bank Slaski reached 48.0%.

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.