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Piraeus Bank Group - Quarterly Cost Efficiency

Costs As % Of Assets & Income
Banking | Greece | February 21, 2018
Excel Sheet

Piraeus Bank Group's cost to income ratio reached 124% in the fourth quarter of 2015, up from 50.1% when compared to the previous quarter.

Historically, the bank’s costs reached an all time high of 124% of income in 4Q2015 and an all time low of -1,272% in 4Q2011.

When compared to total assets, bank's cost amounted to 3.47% in 4Q2015, up from 1.48% in the previous quarter.

Staff accounted for 37.0% of total operating expenditures in the fourth quarter of 2015. The bank operated a network of 989 branches and employed 20,719 persons in 4Q2015.

When compared to bank's main peers, Alpha Bank Group operated in 4Q2015 with a cost to income ratio of 89.6% and Eurobank Group reached 88.9%.

You can see all the bank’s data at Piraeus Bank Group Profile, or you can download a report on the bank in the report section.