Bank Millennium made a net profit of PLN 106 mil in the second quarter of 2023, up 175% when compared to the same period of last year. This implies a return on equity of 6.81%.
Historically, the bank’s net profit reached an all time high of PLN 377 mil in 4Q2005 and an all time low of PLN -1,001 mil in 3Q2022. The average profit in the last six quarters amounted to PLN -109 mil.
The bank generated its shareholders an average return on equity of -3.39% in the last five years with maximum at 19.2% and minimum at -75.2%.
When compared to bank's main peers, PKO BP generated a net profit of PLN 589 mil with ROE of 5.86% in 2Q2023, Pekao netted PLN 1,694 mil(ROE of 26.5%) and ING Bank Slaski announced a net profit of PLN 1,099 mil implying ROE of 36.3%.
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.
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