mBank's cost to income ratio reached 49.9% in the third quarter of 2016, up from 43.3% when compared to the previous quarter.
Historically, the bank’s costs reached an all time high of 60.5% of income in 4Q2015 and an all time low of 43.0% in 1Q2015.
When compared to total assets, bank's cost amounted to 1.66% in 3Q2016, down from 1.73% in the previous quarter.
Staff accounted for 40.8% of total operating expenditures in the third quarter of 2016. The bank operated a network of 280 branches and employed 6,497 persons in 3Q2016.