Bank Handlowy's cost to income ratio reached 51.2% in the fourth quarter of 2017, down from 52.6% when compared to the previous quarter.
Historically, the bank’s costs reached an all time high of 62.9% of income in 1Q2009 and an all time low of 51.2% in 4Q2017.
When compared to total assets, bank's cost amounted to 2.57% in 4Q2017, up from 2.51% in the previous quarter.
Staff accounted for 46.3% of total operating expenditures in the fourth quarter of 2017. The bank operated a network of 30.0 branches and employed 3,487 persons in 4Q2017.