Bank Millennium S.A.
Bank Millennium S.A. provides various banking products and services in Poland. It operates through Retail Customer; Corporate Customer; Treasury, Assets and Liabilities Management and Other segments. The company also offers current and saving accounts; renewable, cash loans, loans secured with assets accumulated, and loans for purchase of securities, as well as mortgage loans; brokerage services;… Read more
Bank Millennium S.A. (MIL) - Net Assets
Latest net assets as of December 2025: zł9.13 Billion PLN
Based on the latest financial reports, Bank Millennium S.A. (MIL) has net assets worth zł9.13 Billion PLN as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł155.67 Billion) and total liabilities (zł146.55 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł9.13 Billion |
| % of Total Assets | 5.86% |
| Annual Growth Rate | 6.93% |
| 5-Year Change | 36.26% |
| 10-Year Change | 31.47% |
| Growth Volatility | 14.56 |
Bank Millennium S.A. - Net Assets Trend (2005–2025)
This chart illustrates how Bank Millennium S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bank Millennium S.A. (2005–2025)
The table below shows the annual net assets of Bank Millennium S.A. from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł9.13 Billion | +17.42% |
| 2024-12-31 | zł7.77 Billion | +12.72% |
| 2023-12-31 | zł6.89 Billion | +25.49% |
| 2022-12-31 | zł5.49 Billion | -17.96% |
| 2021-12-31 | zł6.70 Billion | -26.33% |
| 2020-12-31 | zł9.09 Billion | +1.67% |
| 2019-12-31 | zł8.94 Billion | +6.64% |
| 2018-12-31 | zł8.38 Billion | +7.87% |
| 2017-12-31 | zł7.77 Billion | +11.98% |
| 2016-12-31 | zł6.94 Billion | +7.73% |
| 2015-12-31 | zł6.44 Billion | +11.75% |
| 2014-12-31 | zł5.77 Billion | +7.50% |
| 2013-12-31 | zł5.36 Billion | +11.17% |
| 2012-12-31 | zł4.82 Billion | +5.19% |
| 2011-12-31 | zł4.59 Billion | +12.11% |
| 2010-12-31 | zł4.09 Billion | +46.77% |
| 2009-12-31 | zł2.79 Billion | -0.98% |
| 2008-12-31 | zł2.81 Billion | +11.70% |
| 2007-12-31 | zł2.52 Billion | +13.75% |
| 2006-12-31 | zł2.22 Billion | -7.34% |
| 2005-12-31 | zł2.39 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bank Millennium S.A.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 531.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł6.58 Billion | 72.14% |
| Other Components | zł2.54 Billion | 27.86% |
| Total Equity | zł9.13 Billion | 100.00% |
Bank Millennium S.A. Competitors by Market Cap
The table below lists competitors of Bank Millennium S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou First PV Material Co Ltd
SHG:603806
|
$2.34 Billion |
|
360 Finance Inc
NASDAQ:QFIN
|
$2.34 Billion |
|
Transwarp Technology (Shanghai) Co. Ltd. A
SHG:688031
|
$2.34 Billion |
|
MONETA MONEY BANK KC 20
F:MM0
|
$2.34 Billion |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716
|
$2.33 Billion |
|
Zhejiang XCC Group Co Ltd
SHG:603667
|
$2.33 Billion |
|
IDEAYA BIOSCIENCE DL-01
F:30J
|
$2.33 Billion |
|
Mitsubishi Logistics Corporation
OTCMKTS:MILGF
|
$2.33 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bank Millennium S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,771,634,000 to 9,125,614,000, a change of 1,353,980,000 (17.4%).
- Net income of 1,201,789,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 59,984,000.
- Other factors increased equity by 92,207,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł1.20 Billion | +13.17% |
| Other Comprehensive Income | zł59.98 Million | +0.66% |
| Other Changes | zł92.21 Million | +1.01% |
| Total Change | zł- | 17.42% |
Book Value vs Market Value Analysis
This analysis compares Bank Millennium S.A.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.48x to 2.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | zł2.48 | zł16.05 | x |
| 2006-12-31 | zł2.29 | zł16.05 | x |
| 2007-12-31 | zł2.61 | zł16.05 | x |
| 2008-12-31 | zł2.91 | zł16.05 | x |
| 2009-12-31 | zł3.28 | zł16.05 | x |
| 2010-12-31 | zł3.54 | zł16.05 | x |
| 2011-12-31 | zł3.78 | zł16.05 | x |
| 2012-12-31 | zł3.98 | zł16.05 | x |
| 2013-12-31 | zł4.42 | zł16.05 | x |
| 2014-12-31 | zł4.75 | zł16.05 | x |
| 2015-12-31 | zł5.31 | zł16.05 | x |
| 2016-12-31 | zł5.72 | zł16.05 | x |
| 2017-12-31 | zł6.41 | zł16.05 | x |
| 2018-12-31 | zł6.91 | zł16.05 | x |
| 2019-12-31 | zł7.37 | zł16.05 | x |
| 2020-12-31 | zł7.49 | zł16.05 | x |
| 2021-12-31 | zł5.52 | zł16.05 | x |
| 2022-12-31 | zł4.53 | zł16.05 | x |
| 2023-12-31 | zł5.68 | zł16.05 | x |
| 2024-12-31 | zł6.41 | zł16.05 | x |
| 2025-12-31 | zł7.53 | zł16.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bank Millennium S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.17%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.54%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 17.06x
- Recent ROE (13.17%) is above the historical average (7.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 23.72% | 37.31% | 0.07x | 9.27x | zł327.97 Million |
| 2006 | 13.58% | 22.78% | 0.05x | 11.15x | zł79.25 Million |
| 2007 | 18.32% | 26.51% | 0.06x | 12.12x | zł209.60 Million |
| 2008 | 14.69% | 24.04% | 0.04x | 16.74x | zł131.92 Million |
| 2009 | 0.05% | 0.12% | 0.03x | 16.11x | zł-277.24 Million |
| 2010 | 7.97% | 18.40% | 0.04x | 11.48x | zł-83.10 Million |
| 2011 | 10.17% | 23.91% | 0.04x | 11.08x | zł7.84 Million |
| 2012 | 9.79% | 23.72% | 0.04x | 10.93x | zł-10.24 Million |
| 2013 | 9.99% | 26.01% | 0.04x | 10.63x | zł-518.30K |
| 2014 | 11.29% | 28.41% | 0.04x | 10.54x | zł74.37 Million |
| 2015 | 8.48% | 24.49% | 0.03x | 10.28x | zł-97.79 Million |
| 2016 | 10.10% | 26.91% | 0.04x | 9.91x | zł7.13 Million |
| 2017 | 8.76% | 25.95% | 0.04x | 9.15x | zł-96.03 Million |
| 2018 | 9.07% | 27.78% | 0.03x | 9.60x | zł-77.79 Million |
| 2019 | 6.27% | 15.85% | 0.04x | 10.97x | zł-333.42 Million |
| 2020 | 0.25% | 0.61% | 0.04x | 10.75x | zł-886.28 Million |
| 2021 | -19.89% | -34.91% | 0.04x | 15.52x | zł-2.00 Billion |
| 2022 | -18.47% | -24.06% | 0.04x | 20.19x | zł-1.56 Billion |
| 2023 | 8.35% | 8.55% | 0.05x | 18.20x | zł-113.77 Million |
| 2024 | 9.25% | 7.37% | 0.07x | 17.91x | zł-57.95 Million |
| 2025 | 13.17% | 16.54% | 0.05x | 17.06x | zł289.23 Million |
Industry Comparison
This section compares Bank Millennium S.A.'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $14,064,270,571
- Average return on equity (ROE) among peers: 15.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bank Millennium S.A. (MIL) | zł9.13 Billion | 23.72% | 16.06x | $2.33 Billion |
| Bank Handlowy w Warszawie SA (BHW) | $6.44 Billion | 11.43% | 5.56x | $891.34 Million |
| BNP Paribas Bank Polska S.A. (BNP) | $2.39 Billion | 4.22% | 9.24x | $981.24 Million |
| Bank Ochrony Środowiska SA (BOS) | $1.78 Billion | -3.38% | 10.69x | $82.94 Million |
| Getin Holding SA (GTN) | $176.11 Million | 73.29% | 3.26x | $14.47 Million |
| ING Bank Śląski SA (ING) | $18.62 Billion | 7.18% | 9.02x | $3.15 Billion |
| mBank SA (MBK) | $12.27 Billion | 10.60% | 9.06x | $3.33 Billion |
| UniCredit S.p.A. (UCG) | $56.77 Billion | 6.86% | 13.65x | $99.58 Billion |