Bank Millennium S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
January 14, 2023
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Bank Millennium S.A. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net interest income was PLN 1,349.26 million compared to PLN 767.42 million a year ago. Net income was PLN 248.94 million compared to net loss of PLN 508.91 million a year ago.
For the full year, net interest income was PLN 3,341.09 million compared to PLN 2,716.9 million a year ago. Net loss was PLN 1,014.57 million compared to PLN 1,331.87 million a year ago. Basic loss per share from continuing operations was PLN 0.84 compared to PLN 1.1 a year ago.
Bank Millennium SA is a Poland-based commercial bank. Its product and service offer includes personal accounts, debit and credit cards, overdraft limits, cash and mortgage loans, saving accounts, term deposits, investment funds, brokerage services, structured products and insurance products. Its business is divided into three segments, including Retail Banking, providing services for individual customers and small enterprises; Corporate Banking, providing services for corporate customers; and Treasury and investment operations, offering financial instruments for both individual and corporate customers. As of December 31, 2012, the Bank rendered its services through a network of 447 outlets located in Polish cities, Internet banking (Millenet), telephone banking and a network of automated teller machines (ATMs). It operated six subsidiaries, including Millennium Leasing Sp. z o.o. and Millennium Dom Maklerski SA, among others. Banco Comercial Portugues SA held a 65.51% stake in the Bank
BANK MILLENNIUM S.A. 
