Based on a comparison of 20 banks in Austria in 2017, BAWAG Group was the most cost efficient bank, followed by Oberbank and Raiffeisen Bank Int..
BAWAG Group's cost to income ratio reached 46.5% in 2017, up from 44.8% 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 2017, up from 1.16% a year earlier.
Comparing BAWAG Group with its closest peers, Oberbank operated in 2017 with a cost to income ratio of 49.5%, Raiffeisen Bank Int. reached 51.4% and Steiermarkische Sparkasse some 56.1%.
The average cost to income ratio reached 66.0% in the Austrian banking sector in 2017.