Bank Millennium estimates PLN 154 million provision: Bank Millennium stock falls 3.45 percent

Bank Millennium (PLBIG0000016) estimates PLN 154 million in third-quarter 2026 provisions for legal risk tied to foreign-currency mortgage loans, while its stock was at EUR 5.03 at Lang & Schwarz on October 8, 2026, down 3.45 percent from the EUR 5.21 prior close. Parkiet reported the estimate on October 7, 2026. The disclosure puts mortgage litigation costs ahead of the bank's October reporting date.

Three reports track the earnings path

On April 30, 2026, Bank Millennium reported first-quarter net income of PLN 300.8 million, up 68 percent from the same period a year earlier, according to Simply Wall St.

On July 29, 2026, second-quarter net income reached PLN 407.6 million, up 23 percent year over year, while the reported profit margin was 24 percent versus 18 percent a year earlier, Simply Wall St reported. The October 7 provision estimate is the latest dated operating disclosure.

On October 7, 2026, the bank estimated an additional PLN 24 million provision for the former Euro Bank mortgage portfolio, with no profit-and-loss impact, according to Parkiet. That distinction matters because the PLN 154 million estimate for the bank-originated portfolio affects the third-quarter risk picture, while the second amount is disclosed separately.

What does the provision mean for earnings?

The PLN 154 million estimate is the central earnings variable before the final third-quarter report. It is lower than the PLN 394 million preliminary provision reported for the third quarter of 2025, a comparison published by Jornal Economico. The current estimate therefore signals a smaller legal-risk charge than that earlier benchmark, although the final amount remains tied to the published financial statements.

Next reporting date is October 27

Bank Millennium lists October 27, 2026 as the date for its consolidated third-quarter report. The release should replace the PLN 154 million estimate with the final legal-risk provision and show how the charge interacts with the bank's quarterly income statement.

Stock falls below its prior close

Bank Millennium stock was trading at EUR 5.03 at Lang & Schwarz on October 8, 2026 at 4:28 p.m. CEST, down 3.45 percent versus the prior close of EUR 5.21. On the Warsaw Stock Exchange, the finance data quote for MIL.WA was PLN 22.08 at 2:18 p.m. UTC, down 2.95 percent from PLN 22.75, while the 52-week range was PLN 14.41 to PLN 23.72 and market capitalization was PLN 26.8 billion as of October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Bank Millennium stock.

Market context: Market report WIG 20.

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