Bank Millennium made a net profit of PLN 139 mil under revenues of PLN 571 mil in the third quarter of 2016, down 16.2% and up 5.59% respectively when compared to the same period last year.
Historically, the bank’s net profit reached an all time high of PLN 294 mil in 2Q2016 and an all time low of PLN -87.0 mil in 3Q2009. The average profit in the last six quarters amounted to PLN 159 mil.
On the other hand, bank’s revenues amounted to an all time high of PLN 860 mil in 2Q2016 and an all time low of PLN 316 mil in 3Q2009. The average revenues in the last six quarters reached PLN 604 mil.
When compared to bank's main peers, Pekao SA generated a quarterly net profit of PLN 521 mil with revenues of PLN 1,755 mil in 3Q2016 and ING Bank Slaski netted PLN 332 mil (revenues of PLN 1,075 mil).