Cost-to-income ratio of the banking industry in the Netherlands 2014-2023, by quarter
The cost-to-income ratio of the banking industry in the Netherlands fluctuated significantly between 2014 and the third quarter of 2023, with an overall downward trend in recent years. The ratio was the highest in the first quarter of 2016, at 66.7 percent. Another peak took place in the first quarter of 2020, due to the economic contractions casued by the COVID-19 pandemic. Cost-to-income ratio stabilized in the following years. In the third quarter of 2023, the ratio stood at 47.93 percent.