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

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

Based on a comparison of 15 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.

Comparing BAWAG Group with its closest 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 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 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 Karnten % ... ... ... ... ... 81.5%
Raiffeisenlandesbank Niederosterreich-Wien % 68.6% 79.5% 97.3% 80.7% 82.3%
Raiffeisenlandesbank Oberosterreich % 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% 70.3% 68.5%