What is the Return on Assets (ROA) of Bank Millennium this year?
The Return on Assets (ROA) of Bank Millennium is 0 undefined this year.
Bank Millennium ROA 2024
Bank Millennium ROA
0
Ticker
MIL.WA
ISIN
PLBIG0000016
WKN
894956
In 2024, Bank Millennium's return on assets (ROA) was 0, a -150.15% increase from the -0.01 ROA in the previous year.
Bank Millennium Aktienanalyse
What does Bank Millennium do?
Bank Millennium SA is a leading bank in Poland that was founded in 1989. The bank is owned by Banco Comercial Portugues (BCP) and has its headquarters in Warsaw. The business model of Bank Millennium focuses on a wide range of financial products and services tailored to the needs of its customers. These include retail banking, corporate & investment banking, wealth management, and payment services. In retail banking, Bank Millennium SA offers its customers a variety of accounts, including salary accounts, savings accounts, and checking accounts. The bank also offers a wide range of credit products, ranging from mortgages and car loans to personal loans. Additionally, it also offers various cards, including debit cards, credit cards, and prepaid cards. Corporate and investment banking offers companies a wide range of products and services. These include trade financing, merger and acquisition transactions, asset management, and capital market transactions. Bank Millennium SA is one of the leading banks in Poland currently offering investment banking services. The wealth management division of Bank Millennium SA offers a wide range of investment products and portfolios. It provides various solutions to both retail customers and institutions, including investment funds, pension insurance, and retirement products. Another important business area of Bank Millennium is payment services. The bank offers payment instruments such as bank transfers, direct debits, and shopping cards. Additionally, it also provides payment processing services for businesses and institutions. In recent years, the bank has successfully focused on the digital transformation of its services and products. This includes the mobile app, in-app chat banking services, self-service kiosks, and automated safes, to name a few. Moreover, Bank Millennium is also committed to participating in the development of fintechs and startups in Poland. Another important aspect is Bank Millennium's commitment to the community. The bank has launched numerous programs and initiatives aimed at promoting both social and economic development in Poland. An example is the Bank Millennium Foundation, a foundation that aims to promote education, culture, and social support in Poland. In conclusion, Bank Millennium SA is one of the leading banks in Poland with a wide portfolio of products tailored to the needs of its customers. The bank is committed to driving its digital transformation while also engaging in the community. Bank Millennium ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Bank Millennium's Return on Assets (ROA)
Bank Millennium's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Bank Millennium's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Bank Millennium's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Bank Millennium’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Bank Millennium stock
What was the ROA of Bank Millennium compared to the previous year?
The ROA of Bank Millennium has increased by -150.15% compared to the previous year.
What consequences do high ROA have for investors of Bank Millennium?
A high ROA is advantageous for investors of Bank Millennium, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Bank Millennium?
A low ROA can be unfavorable for investors of Bank Millennium as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Bank Millennium affect the company?
An increase in ROA of Bank Millennium can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Bank Millennium impact the company?
A reduction in the ROA of Bank Millennium can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Bank Millennium?
Some factors that can influence the ROA of Bank Millennium include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Bank Millennium important for investors?
The ROA of Bank Millennium is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Bank Millennium take to improve ROA?
To improve ROA, Bank Millennium can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Bank Millennium pay?
Over the past 12 months, Bank Millennium paid a dividend of 0.22 PLN . This corresponds to a dividend yield of about 2.47 %. For the coming 12 months, Bank Millennium is expected to pay a dividend of 0 PLN.
What is the dividend yield of Bank Millennium?
The current dividend yield of Bank Millennium is 2.47 %.
When does Bank Millennium pay dividends?
Bank Millennium pays a quarterly dividend. This is distributed in the months of June, June, June, June.
How secure is the dividend of Bank Millennium?
Bank Millennium paid dividends every year for the past 3 years.
What is the dividend of Bank Millennium?
For the upcoming 12 months, dividends amounting to 0 PLN are expected. This corresponds to a dividend yield of 0 %.
In which sector is Bank Millennium located?
Bank Millennium is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Bank Millennium kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Bank Millennium from 5/21/2014 amounting to 0.22 PLN, you needed to have the stock in your portfolio before the ex-date on 5/5/2014.
When did Bank Millennium pay the last dividend?
The last dividend was paid out on 5/21/2014.
What was the dividend of Bank Millennium in the year 2023?
In the year 2023, Bank Millennium distributed 0 PLN as dividends.
In which currency does Bank Millennium pay out the dividend?
The dividends of Bank Millennium are distributed in PLN.
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Andere Kennzahlen von Bank Millennium
Our stock analysis for Bank Millennium Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Bank Millennium Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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