BCP subsidiary Bank Millennium's nine-month net income rises 30% to PLN 1.11 billion
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- Bank Millennium, Banco Comercial Português’ 50.1%-owned Polish subsidiary, posted nine-month 2026 net income of PLN 1.11 billion, up 30% year over year.
- Pretax costs tied to foreign-currency mortgage loans fell 63% year over year but continued to weigh on earnings.
- Net interest income declined 1% year over year; net interest margin stood at 3.54%.
- Fee and commission income rose 9% year over year, while operating profit fell 3%.
- The CET1 capital ratio reached 13.7% at September-end; the total capital ratio stood at 20.6%.
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 October 27, 2026, and is solely responsible for the information contained therein.
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