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CSOB - Quarterly Cost Efficiency

Costs As % Of Assets & Income
Banking | Czechia | February 16, 2024
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Excel Sheet

CSOB's cost to income ratio reached 53.4% in the fourth quarter of 2023, up from 52.9% when compared to the previous quarter.

Historically, the bank’s costs reached an all time high of 433% of income in 3Q2008 and an all time low of 24.9% in 4Q2009.

When compared to total assets, bank's cost amounted to 1.14% in 4Q2023, up from 1.02% in the previous quarter.

Staff accounted for 47.2% of total operating expenditures in the fourth quarter of 2023. The bank operated a network of 198 branches and employed 8,036 persons in 4Q2023.

When compared to bank's main peers, Komercni Banka operated in 4Q2023 with a cost to income ratio of 46.8% and MONETA Money Bank reached 49.7%.

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