Bank Millennium - Cost Efficiency

Costs As % Of Assets & Income
Banking | Poland | April 26, 2018
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Excel Sheet

Bank Millennium's cost to income ratio reached 45.8% in 2017, up from 45.0% when compared to the previous year.

Historically, the bank’s costs reached an all time high of 70.0% of income in 2009 and an all time low of 45.0% in 2016.

When compared to total assets, bank's cost amounted to 1.65% in 2017, up from 1.65% a year earlier.

Staff accounted for 51.6% of total operating expenditures in 2017. The bank operated a network of 355 branches and employed 5,830 persons in 2017.

When compared to bank's main peers, PKO BP operated in 2017 with a cost to income ratio of 48.0% in 2017, and Pekao SA reached 44.8%.

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.