Bank Millennium (MIL) Stock Overview
Provides various banking products and services in Poland. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
MIL Community Fair Values
Create NarrativeSee what 8 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Bank Millennium S.A. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | zł19.42 |
| 52 Week High | zł21.30 |
| 52 Week Low | zł13.59 |
| Beta | 0.82 |
| 1 Month Change | -0.56% |
| 3 Month Change | 7.98% |
| 1 Year Change | 29.09% |
| 3 Year Change | 205.75% |
| 5 Year Change | 280.69% |
| Change since IPO | 1,351.59% |
Recent News & Updates
Narrative Update • Jul 06
MIL: Fair Outlook Will Reflect Modest Margin And Earnings Assumption Revisions
Analysts have lifted their Bank Millennium price target from PLN 19.40 to PLN 20.30, citing updated assumptions for revenue growth, profit margins and future P/E that slightly increase estimated fair value, despite a marginally higher discount rate. What’s in the News for Bank Millennium No major recent news items for Bank Millennium were identified in the provided sources.
Narrative Update • Jun 22
MIL: Future Returns Will Depend On Compressed Margins And Richer Forward P E Multiple
Analysts have fractionally adjusted their price target for Bank Millennium to PLN16.91 from PLN16.92, citing updated assumptions around revenue growth, profit margins, the discount rate and the forward P/E multiple. What’s in the News for Bank Millennium No recent Bank Millennium news items were available from the provided primary sources.Narrative Update • Jun 05
MIL: Future Returns Will Depend On Sustained Margin Pressure And Elevated P E Multiple
Analysts have made a small upward adjustment to Bank Millennium's fair value estimate, with the price target moving from PLN 16.84 to PLN 16.92. The change reflects updated assumptions for the discount rate, revenue growth, profit margin and future P/E.
New Narrative • Jun 01
Heavy Securities Exposure And Legal Risks Will Restrain Future Profitability
Catalysts About Bank Millennium Bank Millennium is a universal bank operating in Poland with retail, micro business and corporate banking activities supported by digital channels and a large bond portfolio. What are the underlying business or industry changes driving this perspective?Narrative Update • May 09
MIL: Future Returns Will Rely On Margin Strength And Resilient P/E Levels
Analysts now set Bank Millennium's fair value at roughly PLN 16.84 per share, compared with around PLN 16.12 previously, citing updated assumptions for profit margins, the discount rate, and future P/E levels. Valuation Changes Fair Value: Adjusted from PLN 16.12 to PLN 16.84 per share, reflecting a modest increase in the estimated equity value.Recent updates
Narrative Update • Jul 06
MIL: Fair Outlook Will Reflect Modest Margin And Earnings Assumption Revisions
Analysts have lifted their Bank Millennium price target from PLN 19.40 to PLN 20.30, citing updated assumptions for revenue growth, profit margins and future P/E that slightly increase estimated fair value, despite a marginally higher discount rate. What’s in the News for Bank Millennium No major recent news items for Bank Millennium were identified in the provided sources.Narrative Update • Jun 22
MIL: Future Returns Will Depend On Compressed Margins And Richer Forward P E Multiple
Analysts have fractionally adjusted their price target for Bank Millennium to PLN16.91 from PLN16.92, citing updated assumptions around revenue growth, profit margins, the discount rate and the forward P/E multiple. What’s in the News for Bank Millennium No recent Bank Millennium news items were available from the provided primary sources.Narrative Update • Jun 05
MIL: Future Returns Will Depend On Sustained Margin Pressure And Elevated P E Multiple
Analysts have made a small upward adjustment to Bank Millennium's fair value estimate, with the price target moving from PLN 16.84 to PLN 16.92. The change reflects updated assumptions for the discount rate, revenue growth, profit margin and future P/E.New Narrative • Jun 01
Heavy Securities Exposure And Legal Risks Will Restrain Future Profitability
Catalysts About Bank Millennium Bank Millennium is a universal bank operating in Poland with retail, micro business and corporate banking activities supported by digital channels and a large bond portfolio. What are the underlying business or industry changes driving this perspective?Narrative Update • May 09
MIL: Future Returns Will Rely On Margin Strength And Resilient P/E Levels
Analysts now set Bank Millennium's fair value at roughly PLN 16.84 per share, compared with around PLN 16.12 previously, citing updated assumptions for profit margins, the discount rate, and future P/E levels. Valuation Changes Fair Value: Adjusted from PLN 16.12 to PLN 16.84 per share, reflecting a modest increase in the estimated equity value.Analysis Article • May 01
Bank Millennium S.A. (WSE:MIL) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates
Last week, you might have seen that Bank Millennium S.A. ( WSE:MIL ) released its quarterly result to the market. The...New Narrative • Apr 29
Corporate Lending Expansion And Digital Scale Will Support A Stronger Long Term Earnings Profile
Catalysts About Bank Millennium Bank Millennium is a universal bank in Poland that provides retail, corporate, leasing and investment fund products and services. What are the underlying business or industry changes driving this perspective?Narrative Update • Apr 22
MIL: Future Returns Will Depend On Stable Margins And P/E Holding Up
Analysts have kept their PLN fair value estimate for Bank Millennium broadly unchanged at PLN 16.12 per share, reflecting only very small tweaks to assumptions for the discount rate, long term revenue growth, profit margin and future P/E multiple. Valuation Changes Fair Value: PLN 16.12 per share is unchanged, with only rounding level adjustments.Narrative Update • Apr 08
MIL: Fair Value Profile Will Rely On Revenue Stability And P/E Assumptions
Analysts have maintained their PLN fair value estimate for Bank Millennium at PLN 16.12, with only small adjustments to assumptions such as the discount rate, long-term revenue growth, profit margin and future P/E helping to refine, rather than rethink, the price target rationale. Valuation Changes Fair Value: PLN 16.12 per share, unchanged in the latest update.Narrative Update • Mar 23
MIL: Fair Value Profile Will Depend On Revenue And P/E Assumptions
Analysts have slightly raised their price target for Bank Millennium to PLN16.12 from PLN15.99, citing updated assumptions around revenue growth, profit margins and future P/E that result in a modest adjustment to their view of the bank's long term fair value profile. Valuation Changes Fair Value: PLN15.99 to PLN16.12, a small upward adjustment to the modelled long term value.Narrative Update • Mar 08
MIL: Steady Fair Value Will Rely On Higher Discount Rate And P/E
Analysts have kept their PLN 15.99 price target for Bank Millennium unchanged, citing a slightly higher discount rate and a marginally adjusted revenue growth outlook, along with a steady profit margin and future P/E assumption as the key inputs behind their view. Valuation Changes Fair Value: PLN 15.99 remains unchanged.Narrative Update • Feb 20
MIL: Slightly Higher Discount Rate And P/E Assumptions Will Likely Sustain Fair Value
Analysts have slightly reduced their Bank Millennium price target to PLN 15.99 from PLN 16.00, citing updated assumptions on discount rates, revenue growth, profit margin and forward P/E as the basis for the revised view. Valuation Changes Fair Value: PLN 15.99667 adjusted slightly to PLN 15.99444, leaving the headline estimate effectively unchanged.Narrative Update • Feb 06
MIL: Higher Future P/E Assumptions Will Sustain An Overvalued Share Price
Analysts have slightly raised their price target for Bank Millennium to PLN 15.99667 from PLN 15.56111. This reflects updated assumptions around fair value, discount rate, profit margin and future P/E that they see as better aligned with current fundamentals.Narrative Update • Jan 22
MIL: Steady Discount Rate Shift And Margins Will Support Fair Pricing
Analysts have lifted their price target for Bank Millennium to €15.56 per share from €15.56 per share, reflecting updated assumptions around a slightly higher discount rate, a profit margin estimate of 34.50% and a future P/E of 9.70, which together support a broadly unchanged fair value view. Valuation Changes Fair Value: Kept effectively unchanged at €15.56 per share.Narrative Update • Jan 08
MIL: Revenue Outlook And Margins Will Continue To Mask Overvaluation
Narrative Update: Bank Millennium Analyst Price Target Analysts have kept their fair value estimate for Bank Millennium broadly unchanged at €15.56, with only marginal tweaks to the discount rate and assumed future P/E. This reflects fine tuning of their models rather than a shift in the core investment thesis.Narrative Update • Dec 25
MIL: Revenue Outlook And Margins Will Continue To Support Balanced Fair Value
Analysts have slightly trimmed their price target on Bank Millennium to PLN 15.56 from PLN 15.84. This reflects modestly softer expectations for revenue growth, profit margin, and future valuation multiples.Narrative Update • Dec 11
MIL: Revenue Outlook And Margins Will Continue To Support Balanced Fair Value
Analysts have nudged their price target on Bank Millennium slightly higher to €15.84 from €15.72, citing marginally stronger long term revenue growth expectations and a modestly higher future earnings multiple, despite a largely unchanged risk profile and profitability outlook. Valuation Changes Fair Value Estimate has risen slightly from PLN 15.72 to PLN 15.84 per share.Narrative Update • Nov 26
MIL: Revenue Outlook and Profit Margins Will Sustain a Balanced Fair Value
Analysts have slightly raised their price target for Bank Millennium from PLN 15.59 to PLN 15.72. They cite improved revenue growth and a marginally more favorable profit margin outlook as key drivers for the upward adjustment.Narrative Update • Nov 10
MIL: Revenue Improvement and Stable Margins Will Sustain Fair Valuation
Analysts have raised their price target for Bank Millennium from PLN 13.86 to PLN 15.59. They cite expectations of improved revenue growth and stable profit margins.Analysis Article • Oct 29
zł14.97 - That's What Analysts Think Bank Millennium S.A. (WSE:MIL) Is Worth After These Results
Investors in Bank Millennium S.A. ( WSE:MIL ) had a good week, as its shares rose 7.0% to close at zł16.29 following...Narrative Update • Oct 27
Digital Focus And Asset Risks Will Shape Future Performance And Profitability
Analysts have raised their price target for Bank Millennium from PLN 13.66 to PLN 13.86. This reflects slightly improved fair value expectations, despite more moderate revenue growth projections and a marginally higher discount rate.Narrative Update • Oct 13
Bank's Digital Focus And Shift To Higher-Risk Assets Will Affect Future Performance And Risk
Analysts have revised Bank Millennium’s price target downward from PLN 14.51 to PLN 13.66. This change reflects slightly updated fair value calculations and a minor decrease in the discount rate.Narrative Update • Aug 27
Bank's Digital Focus And Shift To Higher-Risk Assets Will Affect Future Performance And Risk
With only marginal movements in both the discount rate and future P/E multiple, Bank Millennium’s consensus analyst price target remained unchanged at PLN14.51. Valuation Changes Summary of Valuation Changes for Bank Millennium The Consensus Analyst Price Target remained effectively unchanged, at PLN14.51.Analysis Article • Aug 03
Bank Millennium S.A. (WSE:MIL) Half-Year Results: Here's What Analysts Are Forecasting For This Year
Shareholders might have noticed that Bank Millennium S.A. ( WSE:MIL ) filed its half-year result this time last week...
New Narrative • Mar 17
Bank's Digital Focus And Shift To Higher-Risk Assets Will Affect Future Performance And Risk
Reduced FX mortgage legal risks and lower interest costs could improve operating expenses, net margins, and earnings.Shareholder Returns
| MIL | PL Banks | PL Market | |
|---|---|---|---|
| 7D | -5.1% | -1.2% | -0.6% |
| 1Y | 29.1% | 30.3% | 25.2% |
Return vs Industry: MIL underperformed the Polish Banks industry which returned 30.3% over the past year.
Return vs Market: MIL exceeded the Polish Market which returned 25.2% over the past year.
Price Volatility
| MIL volatility | |
|---|---|
| MIL Average Weekly Movement | 4.1% |
| Banks Industry Average Movement | 4.3% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in PL Market | 10.3% |
| 10% least volatile stocks in PL Market | 3.0% |
Stable Share Price: MIL has not had significant price volatility in the past 3 months compared to the Polish market.
Volatility Over Time: MIL's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1989 | 6,885 | Joao Lima Bras Jorge | www.bankmillennium.pl |
Bank Millennium S.A. provides various banking products and services in Poland. It operates through Retail Customer; Corporate Customer; and Treasury, Assets and Liabilities Management, and Other segments. The company offers current, savings, foreign currency savings, individual investment retirement, private banking, business, and VAT accounts; and term and structured deposits.
Bank Millennium S.A. Fundamentals Summary
| MIL fundamental statistics | |
|---|---|
| Market cap | zł23.55b |
| Earnings (TTM) | zł1.32b |
| Revenue (TTM) | zł6.99b |
17.8x
P/E Ratio2.2x
P/B RatioIs MIL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MIL income statement (TTM) | |
|---|---|
| Revenue | zł6.99b |
| Cost of Revenue | zł55.78m |
| Gross Profit | zł6.94b |
| Other Expenses | zł5.61b |
| Earnings | zł1.32b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Oct 27, 2026
| Earnings per share (EPS) | 1.09 |
| Gross Margin | 99.20% |
| Net Profit Margin | 18.93% |
| Debt/Equity Ratio | 87.5% |
How did MIL perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/28 04:13 |
| End of Day Share Price | 2026/07/28 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Bank Millennium S.A. is covered by 18 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michal Konarski | Biuro maklerskie mBanku |
| Mikolaj Lemanczyk | Biuro maklerskie mBanku |
| Maciej Szczesny | BofA Global Research |