Bank Millennium S.A.

LSE:0DRH Stock Report

Market Cap: zł9.6b

Bank Millennium Management

Management criteria checks 4/4

Bank Millennium's CEO is Joao Lima Bras Jorge, appointed in Jul 2006, has a tenure of 18.25 years. total yearly compensation is PLN4.37M, comprised of 55.6% salary and 44.4% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth PLN2.99M. The average tenure of the management team and the board of directors is 14.5 years and 9.4 years respectively.

Key information

Joao Lima Bras Jorge

Chief executive officer

zł4.4m

Total compensation

CEO salary percentage55.6%
CEO tenure18.3yrs
CEO ownership0.03%
Management average tenure14.5yrs
Board average tenure9.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joao Lima Bras Jorge's remuneration changed compared to Bank Millennium's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

zł575m

Mar 31 2024n/an/a

zł452m

Dec 31 2023zł4mzł2m

zł576m

Sep 30 2023n/an/a

zł694m

Jun 30 2023n/an/a

-zł394m

Mar 31 2023n/an/a

-zł640m

Dec 31 2022zł5mzł2m

-zł1b

Sep 30 2022n/an/a

-zł2b

Jun 30 2022n/an/a

-zł1b

Mar 31 2022n/an/a

-zł1b

Dec 31 2021zł3mzł2m

-zł1b

Sep 30 2021n/an/a

-zł932m

Jun 30 2021n/an/a

-zł561m

Mar 31 2021n/an/a

-zł307m

Dec 31 2020zł5mzł2m

zł23m

Sep 30 2020n/an/a

zł159m

Jun 30 2020n/an/a

zł299m

Mar 31 2020n/an/a

zł419m

Dec 31 2019zł5mzł2m

zł561m

Sep 30 2019n/an/a

zł746m

Jun 30 2019n/an/a

zł746m

Mar 31 2019n/an/a

zł765m

Dec 31 2018zł5mzł2m

zł761m

Sep 30 2018n/an/a

zł728m

Jun 30 2018n/an/a

zł715m

Mar 31 2018n/an/a

zł696m

Dec 31 2017zł5mzł2m

zł681m

Compensation vs Market: Joao's total compensation ($USD1.09M) is below average for companies of similar size in the UK market ($USD2.18M).

Compensation vs Earnings: Joao's compensation has been consistent with company performance over the past year.

CEO

Joao Lima Bras Jorge (55 yo)

18.3yrs

Tenure

zł4,370,460

Compensation

Mr. Joao Nuno Lima Bras Jorge has been the Chairman of the Management Board at Bank Millennium Spolka Akcyjna since October 24, 2013 and has been its Member of the Management Board since July 19, 2006. Mr....

Leadership Team

NamePositionTenureCompensationOwnership
Joao Lima Bras Jorge
Chairman of the Management Board18.3yrszł4.37m0.031%
PLN 3.0m
Dariusz Rosati
Deputy Chairman & Secretary of the Supervisory Boardno datazł170.00kno data
Fernando Cardoso Rodrigues Bicho
Deputy Chairman of the Management Board & CFO22.2yrszł2.27m0.015%
PLN 1.4m
Wojciech Haase
Member of Management Board27.3yrszł1.79m0.012%
PLN 1.2m
Andrzej Glinski
Member of Management Board14.5yrszł1.80m0.00087%
PLN 83.1k
Antonio Pinto
Member of Management Board6.5yrszł2.38m0.0011%
PLN 107.0k
Wojciech Rybak
Member of Management Board8.3yrszł1.78m0.000010%
PLN 955.3
Jaroslaw Hermann
Member of Management Board6.2yrszł1.80m0.0022%
PLN 210.2k
Dariusz Górski
Head of Investor Relations Departmentno datano datano data
Tomasz Tomasiak
Head of the Structured Finance Departmentno datano datano data

14.5yrs

Average Tenure

Experienced Management: 0DRH's management team is seasoned and experienced (14.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Dariusz Rosati
Deputy Chairman & Secretary of the Supervisory Board20.4yrszł170.00kno data
Nuno da Silva Amado
Deputy Chairman of the Supervisory Board12.5yrszł120.00kno data
Boguslaw Kott
Chairman of the Supervisory Board11yrszł296.06k0.000080%
PLN 7.6k
Beata Stelmach
Independent Member of the Supervisory Board3.6yrszł140.00kno data
José Miguel Bensliman Da Silva Pessanha
Member of the Supervisory Board6.6yrszł185.00kno data
Miguel de Campos Pereira de Braganca
Member of the Supervisory Board12.5yrszł205.00kno data
Alojzy Nowak
Independent Member of the Supervisory Board6.6yrszł200.00kno data
Miguel Maya Pinheiro
Member of the Supervisory Board9.4yrszł120.00kno data
Grzegorz Jedrys
Independent Member of the Supervisory Board11.5yrszł225.00kno data
Lingjiang Xu
Member of the Supervisory Board6.6yrszł120.00kno data
Anna Jakubowski
Independent Member of the Supervisory Board9.4yrszł180.00kno data
Olga Grygier-Siddons
Independent Member of the Supervisory Board3.6yrszł175.00kno data

9.4yrs

Average Tenure

64yo

Average Age

Experienced Board: 0DRH's board of directors are considered experienced (9.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/10/26 20:59
End of Day Share Price 2024/07/29 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Bank Millennium S.A. is covered by 19 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.

AnalystInstitution
Kamil KliszczBiuro maklerskie mBanku
Maciej SzczesnyBofA Global Research
Andrzej PowierzaCitigroup Inc