Bank Handlowy's cost to income ratio reached 29.3% in the third quarter of 2023, down from 29.6% when compared to the previous quarter.
Historically, the bank’s costs reached an all time high of 73.4% of income in 1Q2017 and an all time low of 29.3% in 3Q2023.
When compared to total assets, bank's cost amounted to 1.85% in 3Q2023, down from 1.90% in the previous quarter.
Staff accounted for 49.5% of total operating expenditures in the third quarter of 2023. The bank operated a network of 19.0 branches and employed 2,962 persons in 3Q2023.