Equa Bank's cost to income ratio reached 63.5% in the first quarter of 2017, down from 67.2% when compared to the previous quarter.
Historically, the bank’s costs reached an all time high of 1,441% of income in 3Q2012 and an all time low of 59.6% in 2Q2016.
When compared to total assets, bank's cost amounted to 1.80% in 1Q2017, down from 1.90% in the previous quarter.
Staff accounted for 42.1% of total operating expenditures in the first quarter of 2017. The bank operated a network of 20.0 branches and employed 478 persons in 1Q2017.