PKO BP's cost to income ratio reached 47.2% in the fourth quarter of 2017, up from 44.7% when compared to the previous quarter.
Historically, the bank’s costs reached an all time high of 72.9% of income in 4Q2015 and an all time low of 38.7% in 3Q2011.
When compared to total assets, bank's cost amounted to 2.01% in 4Q2017, up from 1.90% in the previous quarter.
Staff accounted for 50.7% of total operating expenditures in the fourth quarter of 2017. The bank operated a network of 1,192 branches and employed 28,443 persons in 4Q2017.