Earnings Poll: Poland's Bank Millennium fourth-quarter net profit seen rising 91% y/y

Banco Comercial Portugues SA

04/02/2026 13:06

Bank Millennium fourth quarter results due February 9

Lender's Q4 net profit seen at 330 mln zlotys

GDANSK, Feb 4 (Reuters) - Poland's Bank Millennium MILP.WA, the Polish arm of Portugal's Millennium bcp BCP.LS, is expected to post a fourth-quarter net profit of 330 million zlotys ($92.31 million), a Reuters poll showed on Wednesday.

The median forecast from five banks and brokerages showed a 91% rise in net profit from 173 million zlotys reported in the same period a year earlier, primarily driven by a significant reduction in legal provisions for its Swiss franc mortgage portfolio.

However, the bank's net interest income is seen contracting due to lower interest rates, with the impact only partly offset by loan volume growth, the poll showed.

(Figures in millions of zlotys unless stated otherwise)

NET PROFIT
NET INTEREST INCOME
NET FEE AND COMMISSION INCOME
Median
330
1435
200
Average
315
1435
201
Lowest
273
1429
199
Highest
338
1443
202
No. of forecasts
5
5
5
Q4 2024
173
1505
188
Q3 2025
345
1446
204

Forecasts provided by: DM BOŚ, Erste Group, mBank, PKO BP, Trigon

($1 = 3.5751 zlotys)

(Reporting by Alicja Surdy)

((AlicjaEwa.Surdy2@thomsonreuters.com))