What Banks in Austria Were the Most Cost Efficient in 2016?

Top Banks by Costs As % Of Income
Banking | Austria | September 29, 2018
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Excel Sheet

Based on a comparison of 20 banks in Austria in 2016, BAWAG Group was the most cost efficient bank, followed by Oberbank and Steiermarkische Sparkasse.

BAWAG Group's cost to income ratio reached 44.8% in 2016, down from 44.5% when compared to the last year. Historically, the bank’s costs reached an all time high of 49.7% in 2014 and an all time low of 44.5% in 2015.

When compared to total assets, bank's cost amounted to 1.39% in 2016, down from 1.23% a year earlier.

Comparing BAWAG Group with its closest peers, Oberbank operated in 2016 with a cost to income ratio of 50.2%, Steiermarkische Sparkasse reached 54.5% and Erste Group Bank some 60.1%.

The average cost to income ratio reached 71.4% in the Austrian banking sector in 2016.

You can see all the banks cost efficiency data on the Costs (As % Of Income) indicator page or you can download a report on the Austrian banks in the report section.

Costs (As % Of Income) Unit 2011 2012 2013 2014 2015 2016 2017 2018
Bank Austria Group % 54.6% 54.4% 59.9% 54.2% 119% ...
BAWAG Group % ... ... ... 49.7% 44.5% 44.8% ...
Erste Bank Austria % 66.3% 64.1% 62.4% 62.1% 64.2% ...
Erste Bank Core Austria % 64.5% 64.3% 61.8% 61.6% 63.1% ...
Erste Group Bank % 61.5% 69.2% 80.3% 65.5% 60.1%
Erste Savings Banks % 68.7% 71.0% 67.6% 67.3% 70.7% ...
Kärntner Sparkasse % 69.4% 68.5% 68.9% 70.7% 69.5% ...
Oberbank % 35.9% 52.8% 47.6% 46.5% 50.2% ...
Raiffeisen Bank Int. % 60.5% 63.7% 70.1% 59.9% 63.6%
Raiffeisenlandesbank Burgenland % 77.1% 73.3% 68.1% 69.0% 62.5% ...
Raiffeisenlandesbank Karnten % ... ... ... ... 81.5% 80.9% ...
Raiffeisenlandesbank Niederosterreich-Wien % 79.5% 97.3% 80.7% 82.3% 85.1% ...
Raiffeisenlandesbank Oberosterreich % 68.8% 81.1% 85.5% 69.1% 80.5% ...
Raiffeisenlandesbank Steiermark % 68.4% 129% 71.3% 64.8% 91.5% ...
Raiffeisenlandesbank Tirol % 60.9% 63.3% 60.8% 67.9% 68.8% ...
Raiffeisenlandesbank Vorarlberg % 58.6% 58.1% 55.6% 64.5% 70.0% ...
Raiffeisenverband Salzburg % 74.4% 72.5% 73.9% 79.4% 77.0% ...
Salzburger Sparkasse % 79.6% 71.9% 78.3% 62.1% 67.6% ...
Sparkasse Oberosterreich % 58.0% 60.3% 57.8% 58.4% 62.7% ...
Steiermarkische Sparkasse % 56.5% 59.1% 56.6% 65.5% 54.5% ...
AVERAGE % 64.1% 64.6% 70.8% 66.2% 64.8% 70.3% 68.4% 59.0%