What Banks in Austria Were the Most Cost Efficient in 2017?

Top Banks by Costs As % Of Income
Banking | Austria | June 18, 2018
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Excel Sheet

Based on a comparison of 17 banks in Austria in 2017, BAWAG Group was the most cost efficient bank, followed by Oberbank and Steiermarkische Sparkasse.

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.

When compared to the nearest peers, Oberbank operated in 2017 with a cost to income ratio of 49.5%, Steiermarkische Sparkasse reached 56.1% and Kärntner Sparkasse some 60.3%.

The average cost to income ratio reached 66.0% in the Austrian banking sector in 2017.

You can see all the banks cost efficiency data at 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 2010 2011 2012 2013 2014 2015 2016 2017
Bank Austria Group % 53.6% 54.6% 54.4% 59.9% 54.2%
BAWAG Group % ... ... ... ... 49.7% 44.5%
Erste Bank Austria % 69.5% 66.3% 64.1% 62.4% 62.1%
Erste Bank Core Austria % 60.5% 64.5% 64.3% 61.8% 61.6%
Erste Group Bank % 74.0% 61.5% 69.2% 80.3% 65.5%
Erste Savings Banks % 65.6% 68.7% 71.0% 67.6% 67.3%
Kärntner Sparkasse % 72.9% 69.4% 68.5% 68.9% 70.7%
Oberbank % 50.4% 35.9% 52.8% 47.6% 46.5%
Raiffeisen Bank International % 53.9% 60.5% 63.7% 70.1% 59.9%
Raiffeisenlandesbank Burgenland % ... 65.6% 77.1% 73.3% 68.1% 69.0% ...
Raiffeisenlandesbank Kärnten % ... ... ... ... ... 81.5% ...
Raiffeisenlandesbank Niederösterreich-Wien % 68.6% 79.5% 97.3% 80.7% 82.3%
Raiffeisenlandesbank Oberösterreich % 66.7% 68.8% 81.1% 85.5% 69.1%
Raiffeisenlandesbank Steiermark % 75.4% 68.4% 129% 71.3% 64.8% ...
Raiffeisenlandesbank Tirol % 59.8% 60.9% 63.3% 60.8% 67.9%
Raiffeisenlandesbank Vorarlberg % ... 59.3% 58.6% 58.1% 55.6% 64.5%
Raiffeisenverband Salzburg % 72.4% 74.4% 72.5% 73.9% 79.4%
Salzburger Sparkasse % 73.0% 79.6% 71.9% 78.3% 62.1%
Sparkasse Oberosterreich % 58.6% 58.0% 60.3% 57.8% 58.4%
Steiermarkische Sparkasse % 53.5% 56.5% 59.1% 56.6% 65.5%
AVERAGE % 61.9% 64.1% 64.6% 70.8% 66.2% 64.8% 70.5% 67.8%