What Banks in Italy Were the Most Cost Efficient in 2018?

Top Banks by Costs As % Of Income
Banking | Italy | February 21, 2020
$2.99
Excel Sheet

Based on a comparison of 14 banks in Italy in 2018, Banca Mediolanum was the most cost efficient bank, followed by Intesa Sanpaolo and Mediobanca.

Banca Mediolanum's cost to income ratio reached 37.1% in 2018, down from 35.2% when compared to the last year. Historically, the bank’s costs reached an all time high of 2,546% in 2001 and an all time low of -1,574% in 2002.

When compared to total assets, bank's cost amounted to 1.39% in 2018, down from 6.57% a year earlier.

Comparing Banca Mediolanum with its closest peers, Intesa Sanpaolo operated in 2018 with a cost to income ratio of 50.0%, Mediobanca reached 54.7% and Banca Popolare di Sondrio some 59.6%.

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 Italian banks in the report section.

Costs (As % Of Income) Unit 2012 2013 2014 2015 2016 2017 2018 2019
Banca Mediolanum % 29.3% 34.7% 33.5% 34.2% 35.2%
Banca Nazionale del Lavoro % 62.2% 61.5% 61.3% 62.3% 66.4% ...
Banca Popolare di Sondrio % 43.7% 41.5% 48.0% 54.9% 50.8%
Banco BPM % 69.0% 66.6% 67.1% 71.7% 102%
BPER Banca % 58.0% 57.7% 53.6% 65.6% 67.1%
Cassa Depositi e Prestiti % 52.3% 63.7% 67.7% 68.1% 61.4% ...
Credit Agricole Italia % 63.4% 63.2% 65.5% 70.3% 76.8% ...
Credito Emiliano % 43.7% 41.5% 48.0% 54.9% 50.8%
Credito Valtellinese % 62.5% 63.0% 63.7% 74.1% 104%
Intesa Sanpaolo % 51.8% 55.0% 54.0% 50.3% 47.9%
Mediobanca % 52.6% 46.0% 46.3% 51.2% 54.7%
Monte dei Paschi di Siena % 72.2% 67.3% 54.7% 71.7% 70.7%
UBI Banca % 63.9% 67.5% 66.4% 66.7% 65.7%
UniCredit SpA % 70.9% 63.3% 74.8% 9.22% 80.9%
AVERAGE % 54.8% 56.8% 56.6% 57.5% 57.5% 66.8% 62.3% 58.6%