Bank Millennium S.A. (MIL.WA)
Warsaw, PL
Bank Millennium S.A. is a prominent financial institution operating within Poland. The bank delivers a broad spectrum of banking and financial services, organized into distinct operational segments: retail client services, corporate client services, foreign exchange mortgage lending, and treasury and asset-liability management. Its extensive product lineup encompasses transactional and savings accounts, along with diverse lending options such as personal loans, asset-backed credit, loans for securities acquisition, revolving credit facilities, and mortgages. Furthermore, it provides brokerage services, investment funds, various payment card solutions, and a suite of trade finance offerings including letters of credit, bank guarantees, and document collection. Other key services include factoring, foreign currency exchange, custodial services, pension schemes, overdraft facilities, and both life and non-life insurance products. Beyond traditional banking, the company also specializes in leasing and financing for a wide array of assets, including vehicles (cars and vans), industrial machinery and equipment, transportation infrastructure (road, rail, water, and air), and real estate. Customers can access these services through modern digital channels, including internet, mobile, and ATM banking. Bank Millennium S.A. serves a diverse client base, ranging from individual customers across the mass market to affluent individuals and sole proprietors, as well as small, medium, and large enterprises, and public sector organizations. The bank maintains a physical presence with 655 branches. Founded in 1989, the company, headquartered in Warsaw, Poland, was initially known as BIG Bank GDANSKI SA before rebranding to Bank Millennium S.A. in January 2003. It functions as a subsidiary of the Portuguese financial group, Banco Comercial Português, S.A.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.08% | +3.41% | +11.23% | +14.50% | +27.11% | +13.85% | +42.74% | +345.78% | +297.90% | +335.42% | +75.71% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 2 | 0 |
| Hold | 3 | 0 |
| Sell | 3 | 0 |
| Strong Sell | 1 | 0 |
-
Revenue growth+8.9% Q1'26: -4.0% (vs Q1'25)
-
EPS growth+67.8% Q1'26: +66.7% (vs Q1'25)
-
FCF margin— Q1'26: +127.5% (vs Q1'25)
-
EBIT margin— Q1'26: +20.5% (vs Q1'25)
-
ROIC— Q1'26: +8.7% (vs Q1'25)
-
Share dilution+0.0% Q1'26: +0.0% (vs Q1'25)
-
Debt / EBITDA— Q1'26: 4.09× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 2 EPS Ana. |
Dec 2027 6 Rev. Ana. 3 EPS Ana. |
Dec 2028 4 Rev. Ana. 3 EPS Ana. |
Dec 2029 3 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
3.18B
est: 2.19B (+45.1%)
|
3.38B
est: 2.42B (+39.3%)
|
3.33B
est: 2.54B (+30.9%)
|
3.48B
est: 2.72B (+28.2%)
|
4.48B
est: 3.42B (+30.8%)
|
4.31B
est: 3.45B (+24.7%)
|
3.94B
est: 3.78B (+4.4%)
|
5.87B
est: 5.09B (+15.3%)
|
10.16B
est: 6.02B (+68.7%)
|
9.76B
est: 6.17B (+58.3%)
|
10.63B
est: 6.54B (+62.6%)
|
6.73B
6.64B – 6.82B
+3.0% YoY
|
7.16B
6.97B – 7.33B
+6.3% YoY
|
7.43B
7.36B – 7.51B
+3.8% YoY
|
6.73B
6.64B – 6.81B
-9.4% YoY
|
| EBITDA |
737.94M
est: 30.26M (+2,338.3%)
|
1.01B
est: 33.50M (+2,909.0%)
|
978.19M
est: 35.10M (+2,686.9%)
|
1.08B
est: 37.53M (+2,774.7%)
|
1.02B
est: 47.27M (+2,049.9%)
|
421.35M
est: 47.72M (+783.0%)
|
-799.35M
est: 52.18M (-1,631.8%)
|
-521.83M
est: 70.35M (-841.8%)
|
1.52B
est: 174.25M (+774.6%)
|
1.10B
est: 178.59M (+516.6%)
|
1.84B
est: 189.25M (+874.4%)
|
194.90M
192.26M – 197.29M
+3.0% YoY
|
207.21M
201.69M – 212.20M
+6.3% YoY
|
215.15M
213.00M – 217.29M
+3.8% YoY
|
194.85M
192.21M – 197.23M
-9.4% YoY
|
| EBIT |
687.51M
est: -48.39M (+1,520.9%)
|
953.26M
est: -53.56M (+1,879.7%)
|
925.22M
est: -56.12M (+1,748.8%)
|
1.02B
est: -60.00M (+1,807.7%)
|
835.34M
est: -75.57M (+1,205.4%)
|
210.94M
est: -76.29M (+376.5%)
|
-1.00B
est: -83.43M (-1,099.7%)
|
-730.76M
est: -112.47M (-549.7%)
|
1.31B
est: -8.49M (+15,557.2%)
|
875.02M
est: -8.70M (+10,155.0%)
|
1.62B
est: -9.22M (+17,664.0%)
|
-9.50M
-9.61M – -9.37M
-3.0% YoY
|
-10.10M
-10.34M – -9.83M
-6.3% YoY
|
-10.48M
-10.59M – -10.38M
-3.8% YoY
|
-9.49M
-9.61M – -9.37M
+9.4% YoY
|
| Net Income |
546.53M
est: 612.59M (-10.8%)
|
701.25M
est: 642.70M (+9.1%)
|
681.23M
est: 685.68M (-0.6%)
|
760.65M
est: 742.39M (+2.5%)
|
560.73M
est: 794.32M (-29.4%)
|
22.82M
est: 284.90M (-92.0%)
|
-1.33B
est: -832.84M (-59.9%)
|
-1.01B
est: -1.23B (+17.6%)
|
575.72M
est: 574.73M (+0.2%)
|
719.21M
est: 676.43M (+6.3%)
|
1.20B
est: 1.19B (+1.0%)
|
1.52B
1.49B – 1.54B
+27.6% YoY
|
2.29B
2.10B – 2.30B
+50.6% YoY
|
2.59B
2.36B – 2.84B
+13.2% YoY
|
2.34B
2.30B – 2.38B
-9.6% YoY
|
| SGA |
272.51M
est: 226.26M (+20.4%)
|
281.10M
est: 250.47M (+12.2%)
|
352.70M
est: 262.40M (+34.4%)
|
378.71M
est: 280.56M (+35.0%)
|
561.72M
est: 353.38M (+59.0%)
|
523.82M
est: 356.74M (+46.8%)
|
496.52M
est: 390.13M (+27.3%)
|
833.61M
est: 525.91M (+58.5%)
|
590.81M
est: 550.38M (+7.3%)
|
672.01M
est: 564.07M (+19.1%)
|
662.30M
est: 597.76M (+10.8%)
|
615.60M
607.27M – 623.14M
+3.0% YoY
|
654.47M
637.06M – 670.24M
+6.3% YoY
|
679.55M
672.76M – 686.33M
+3.8% YoY
|
615.43M
607.10M – 622.97M
-9.4% YoY
|
| EPS |
0.45
est: 0.50 (-10.9%)
|
0.58
est: 0.53 (+9.5%)
|
0.56
est: 0.57 (-0.9%)
|
0.63
est: 0.61 (+2.9%)
|
0.46
est: 0.65 (-29.7%)
|
0.02
est: 0.23 (-92.0%)
|
-1.10
est: -0.69 (-60.2%)
|
-0.84
est: -1.01 (+17.2%)
|
0.47
est: 0.47 (-0.8%)
|
0.59
est: 0.56 (+5.7%)
|
0.99
est: 0.98 (+0.9%)
|
1.25
1.23 – 1.27
+27.6% YoY
|
1.81
1.73 – 1.89
+44.6% YoY
|
2.15
1.94 – 2.34
+18.4% YoY
|
1.93
1.90 – 1.96
-10.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-28 | B | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-27 | B | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-26 | B | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-25 | B | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-22 | B | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-21 | B | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-20 | B | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-19 | B | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-18 | B | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-15 | B | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-14 | B | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-13 | B | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-12 | B | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-11 | B | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-08 | B | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-07 | B | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-06 | B | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-05 | B | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-04 | B | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-30 | B | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-29 | B- | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-28 | B- | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-27 | B- | 2/5 | 3/5 | 4/5 | 3/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-24 | B- | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-23 | B+ | 3/5 | 4/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-22 | B+ | 3/5 | 4/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-21 | B+ | 3/5 | 4/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-20 | B+ | 3/5 | 4/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-17 | B | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-16 | B | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares MSCI Poland UCITS ETF IPOL.L | 2.56% | 23.39M | 0.74% |
| 2 | iShares MSCI Poland ETF EPOL | 2.26% | 15.05M | 0.59% |
| 3 | iShares STOXX Europe Small 200 UCITS ETF (DE) EXSE.DE | 0.44% | 3.02M | 0.20% |
| 4 | iShares STOXX Europe 600 Banks UCITS ETF (DE) EXV1.DE | 0.14% | 5.56M | 0.46% |
| 5 | Schwab International Small-Cap Equity ETF SCHC | 0.13% | 7.08M | 0.06% |
| 6 | Avantis Emerging Markets Value ETF AVES | 0.12% | 1.83M | 0.36% |
| 7 | WisdomTree True Emerging Markets Fund XC | 0.12% | 96.2K | 0.32% |
| 8 | Amundi MSCI Emerging Markets Swap UCITS ETF EUR Acc AEEM.PA | 0.12% | 7.58M | 0.20% |
| 9 | Amundi MSCI Emerging Markets Swap -UCITS ETF USD C- Capitalisation AUEM.L | 0.12% | 7.59M | 0.20% |
| 10 | Avantis Responsible Emerging Markets Equity ETF AVSE | 0.10% | 217.2K | 0.33% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Joao Nuno Lima Bras Jorge | Chairman of the Management Board | 5M | male |
| Fernando Maria Cardoso Rodrigues Bicho | Deputy Chairman of the Management Board & Chief Financial Officer | 3M | male |
| Hugo Resende | Member of the Management Board | 2M | male |
| Jaroslaw Hermann | Member of the Management Board | 2M | male |
| Wojciech Haase | Member of the Management Board | 2M | male |
| Halina Karpinska | Member of the Management Board | 2M | female |
| Magdalena Zmitrowicz | Member of the Management Board | 2M | female |
| Antonio Ferreira Pinto Jr. | Member of the Management Board | 2M | male |
| Katarzyna Sulkowska | Independent Member of the Supervisory Board & Secretary | 165.4K | female |
| Tomasz Tomasiak | Head of the Structured Finance Department | — | male |
| Dariusz Górski | Head of Investor Relations Department | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for MIL.WA
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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