The cost/income ratio of the Finnish bank OP Financial Group fluctuated during the observed period from 2010 to 2018. The ratio is used to measure the efficiency and profitability of the bank, and the smaller it is, the more cost-efficient is the bank. The ratio was at the highest point in 2011 and 2012, at 64 percent, but then increased annually until the lowest point of 52 percent in 2016. The following year it increased again, and in 2018, the cost/income ratio of OP Financial Group was 57 percent.
Cost/income ratio OP Financial Group from 2010 to 2019 (in million euros)
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OP Ryhmä. (February 25, 2020). Cost/income ratio OP Financial Group from 2010 to 2019 (in million euros) [Graph]. In Statista. Retrieved January 23, 2021, 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 2019 (in million euros) ." Chart. February 25, 2020. Statista. Accessed January 23, 2021. https://www.statista.com/statistics/1058348/cost-income-ratio-of-op-financial-group/
OP Ryhmä. (2020). Cost/income ratio OP Financial Group from 2010 to 2019 (in million euros) . Statista. Statista Inc.. Accessed: January 23, 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 2019 (in Million Euros) ." Statista, Statista Inc., 25 Feb 2020, https://www.statista.com/statistics/1058348/cost-income-ratio-of-op-financial-group/
OP Ryhmä, Cost/income ratio OP Financial Group from 2010 to 2019 (in million euros) Statista, https://www.statista.com/statistics/1058348/cost-income-ratio-of-op-financial-group/ (last visited January 23, 2021)