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.