Earnings Poll: Poland's Bank Millennium Q3 net profit expected to rise 9.2% y/y

Bank Millennium SA

Today 11:52

Q3 results due October 27
Oct 22 (Reuters) - Poland's Bank Millennium MILP.WA is expected to report a third-quarter net profit of 377 million zlotys ($97 million), up 9.2% from a year earlier, a Reuters poll showed on Thursday.
The rise is expected to be driven by lower legal provisions for the bank's Swiss franc mortgage portfolio, which offset higher provisions for consumer-credit lawsuits and an income tax hike for banks.
The bank's net interest income is forecast to rise around 2.6% year-on-year to 1.48 billion zlotys. Net fee and commission income is expected to gain around 4% to 212 million zlotys.
       
(Figures in millions of zlotys unless stated otherwise)
THIRD QUARTER OF 2026

Net Profit
Net Interest Income
Net Fee & Commission Income
Median
377
1484
212
Average
372
1471
212
Lowest
334
1426
211
Highest
400
1489
214
Number of forecasts
4
4
4
Q3 2025
345
1446
204
Q2 2026
408
1387
207
Forecasts provided by: DM BOS, Trigon DM, mBank BM, Erste Group Research

($1 = 3.8950 zlotys)

 (Reporting by Rafal Nowak in Gdansk; Editing by Shinjini Ganguli)
 ((RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63;))