Bank Millennium - Quarterly 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 46.4% in the fourth quarter of 2017, up from 44.2% 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 36.0% in 2Q2016.

When compared to total assets, bank's cost amounted to 1.72% in 4Q2017, up from 1.66% in the previous quarter.

Staff accounted for 50.1% of total operating expenditures in the fourth quarter of 2017. The bank operated a network of 355 branches and employed 5,830 persons in 4Q2017.

When compared to bank's main peers, PKO BP operated in 4Q2017 with a cost to income ratio of 47.2% Pekao SA reached 42.3% and ING Bank Slaski some 42.8%.

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.