Bank Millennium (WAR:MIL) Tax Rate %: 40.13% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:MIL Bank Millennium SA WAR:MIL
64 GF Score
Price zł20.46
GF Value zł10.38
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Bank Millennium Tax Rate %?

Bank Millennium WAR:MIL +2.89% 64 Tax Rate % is 40.13% as of Mar. 2026. GuruFocus rates WAR:MIL with a GF Score™ of 64/100 and a GF Value™ of zł10.38 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank Millennium's Tax Expense for the three months ended in Mar. 2026 was zł202 Mil. Bank Millennium's Pre-Tax Income for the three months ended in Mar. 2026 was zł502 Mil. Therefore, Bank Millennium's Tax Rate % for the quarter that ended in Mar. 2026 was 40.13%.


Bank Millennium Tax Rate % Related Terms


Bank Millennium Tax Rate % Historical Data

* Premium members only.

The historical data trend for Bank Millennium's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bank Millennium Tax Rate % Chart

Bank Millennium Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.06 -38.84 56.14 17.81 25.80

Bank Millennium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.57 28.41 18.68 16.58 40.13
WAR:MIL
64GF Score
Bank Millennium SA WAR:MIL
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank Millennium Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Bank Millennium's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=417.975/1619.764
=25.80 %

Bank Millennium's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=201.599/502.391
=40.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 40.13% mean?
Bank Millennium (WAR:MIL) has a Tax Rate % of 40.13% as of Mar. 2026.
Is Bank Millennium's Tax Rate % too high?
Bank Millennium's current Tax Rate % is 40.13%. Overall, Bank Millennium has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank Millennium's Tax Rate % compare to PNC and USB?
Bank Millennium's Tax Rate % of 40.13% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Bank Millennium's current Tax Rate % is 40.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank Millennium stock overvalued right now?
Based on GuruFocus' analysis, Bank Millennium (WAR:MIL) is currently considered Significantly Overvalued. The stock's GF Value™ is zł10.38, compared to a current price of zł20.46 — trading 97.1% above its estimated fair value. The current Tax Rate % is 40.13%. Bank Millennium's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Bank Millennium (WAR:MIL), the current Tax Rate % is 40.13% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bank Millennium (WAR:MIL) Overvalued in 2026?

Based on GuruFocus' analysis, Bank Millennium stock appears to be overvalued. The current stock price of zł20.46 is trading 97.1% above its estimated GF Value™ of zł10.38. GuruFocus considers Bank Millennium to be Significantly Overvalued.

Key valuation signals for WAR:MIL:

  • Tax Rate %: 40.13%
  • GF Value™: zł10.38 vs. price of zł20.46 (97.1% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the WAR:MIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bank Millennium Business Description

Other Exchanges 1HN:Germany
Address ul. Stanis?awa ?aryna 2A, Warsaw, POL, 02-593
Bank Millennium SA is a commercial bank group operating in Poland. The bank's operating segments include retail, corporate, FX mortgage loans, treasury operations, assets/liabilities management and other segment. The company derives the majority of its revenue from the retail segment which comprises the banking products and services provided to individual customers on the mass market, affluent customers, sole traders as well as services to small companies.
64GF Score

Get the complete analysis for WAR:MIL

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł20.46
Price
zł10.38
GF Value