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

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 Raiffeisen Bank Int. some 58.8%.

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.