QM · rank #19 · 2026-09-04
MIL
GPW · PLN · $6.88B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +46.37% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +14.2% |
| Profit margin Net profit margin, trailing 12 months. | +20.5% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $6.88B |
| Anchor (recent) Close on 2026-08-05 | $20.55 |
| Anchor (far) Close on 2025-08-05 | $14.04 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Bank Millennium (MIL@GPW) is a Polish universal bank within the Millennium bcp group, growing its balance sheet rapidly via double-digit corporate loan and deposit expansion in H1 2026.
Rationale
The quality-momentum signal is reinforced by concrete fundamentals — 39% YoY net profit growth in H1 2026, ROE of ~14.8% beating expectations, and a 46% trailing price return — consistent with a bank re-rating on earnings delivery rather than sentiment alone.
Material risks
- 1Net interest income already declined 5–6% YoY in H1 2026 as Polish rates normalize, directly compressing the margin engine that drove the prior earnings surge and threatening the quality pillar of the thesis going forward.
- 2Parent Millennium bcp dependency creates capital and strategic overhang — cross-border capital allocation decisions or Portuguese regulatory pressure could constrain MIL's growth or dividend capacity independent of its own Polish performance.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.