BCP subsidiary Bank Millennium H1 net income rises 39% to PLN 708 million

Reuters2026/07/28 05:44

By:Reuters

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BCP-controlled Bank Millennium posted H1 2026 net income of PLN 708 million, up 39% from PLN 511 million a year earlier.
Net interest income fell 3% as NIM narrowed to 3.54% from 4.18% amid lower WIBOR rates.
FX mortgage-loan pre-tax costs dropped 65%, though they remained a drag on results.
CET1 ratio was 13.6% at June; Tier 1 was 16.1%; total capital was 17.1% including PLN 1.5 billion AT1 issuance.
Loans rose 10% year-on-year; customer deposits increased 16%; impaired loan ratio improved to 3.4% from 4.2%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banco Comercial Português SA published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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BCP subsidiary Bank Millennium H1 net income rises 39% to PLN 708 million

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