mBank's cost to income ratio reached 43.3% in the fourth quarter of 2017, up from 42.3% when compared to the previous quarter.
Historically, the bank’s costs reached an all time high of 58.6% of income in 4Q2015 and an all time low of 40.4% in 1Q2015.
When compared to total assets, bank's cost amounted to 1.50% in 4Q2017, up from 1.48% in the previous quarter.
Staff accounted for 46.2% of total operating expenditures in the fourth quarter of 2017. The bank operated a network of 333 branches and employed 6,455 persons in 4Q2017.