The cost/income ratio of Denmark's largest bank Danske Bank A/S fluctuated during the period from 2009 to 2021. The cost/income ratio (CIR) is used to measure the efficiency and profitability of the bank, and the smaller it is, the more cost-efficient is the bank. The lowest CIR was reached in 2016 and 2017, when it was 47.2 percent. In 2021 it had increased to 60.3 percent.
Cost-income ratio (CIR) of Danske Bank A/S from 2009 to 2021
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Danske Bank. (February 4, 2022). Cost-income ratio (CIR) of Danske Bank A/S from 2009 to 2021 [Graph]. In Statista. Retrieved May 23, 2022, from https://www.statista.com/statistics/1047820/cir-of-danske-bank-a-s/
Danske Bank. "Cost-income ratio (CIR) of Danske Bank A/S from 2009 to 2021." Chart. February 4, 2022. Statista. Accessed May 23, 2022. https://www.statista.com/statistics/1047820/cir-of-danske-bank-a-s/
Danske Bank. (2022). Cost-income ratio (CIR) of Danske Bank A/S from 2009 to 2021. Statista. Statista Inc.. Accessed: May 23, 2022. https://www.statista.com/statistics/1047820/cir-of-danske-bank-a-s/
Danske Bank. "Cost-income Ratio (Cir) of Danske Bank A/S from 2009 to 2021." Statista, Statista Inc., 4 Feb 2022, https://www.statista.com/statistics/1047820/cir-of-danske-bank-a-s/
Danske Bank, Cost-income ratio (CIR) of Danske Bank A/S from 2009 to 2021 Statista, https://www.statista.com/statistics/1047820/cir-of-danske-bank-a-s/ (last visited May 23, 2022)