The lowest cost/income ratio (CIR) of the Finnish bank OP Financial Group during the last decade was recorded in 2016, when it was 52 percent. The CIR fluctuated since, but was overall higher, and was 59 percent in 2020.
The CIR is used to measure the efficiency and profitability of the bank, and the smaller it is, the more cost-efficient is the bank.
Cost/income ratio OP Financial Group from 2010 to 2020
(in million euros)
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OP Ryhmä. (March 2, 2021). Cost/income ratio OP Financial Group from 2010 to 2020 (in million euros) [Graph]. In Statista. Retrieved May 24, 2022, from https://www.statista.com/statistics/1058348/cost-income-ratio-of-op-financial-group/
OP Ryhmä. "Cost/income ratio OP Financial Group from 2010 to 2020 (in million euros) ." Chart. March 2, 2021. Statista. Accessed May 24, 2022. https://www.statista.com/statistics/1058348/cost-income-ratio-of-op-financial-group/
OP Ryhmä. (2021). Cost/income ratio OP Financial Group from 2010 to 2020 (in million euros) . Statista. Statista Inc.. Accessed: May 24, 2022. https://www.statista.com/statistics/1058348/cost-income-ratio-of-op-financial-group/
OP Ryhmä. "Cost/Income Ratio Op Financial Group from 2010 to 2020 (in Million Euros) ." Statista, Statista Inc., 2 Mar 2021, https://www.statista.com/statistics/1058348/cost-income-ratio-of-op-financial-group/
OP Ryhmä, Cost/income ratio OP Financial Group from 2010 to 2020 (in million euros) Statista, https://www.statista.com/statistics/1058348/cost-income-ratio-of-op-financial-group/ (last visited May 24, 2022)
