European banking sector

Statista overview report on current state of the European banking sector

European banking sector

This report takes an in-depth look at the state of the European banking sector in the aftermath of the COVID-19 pandemic. It presents extensive chapters covering liquidity, capital and profitability, the size of the European banking sector, a dive into Europe’s largest banks, as well as an insight into the continued rise of digital challenger banks. The final chapter provides an overview of the new challenges the banking sector is facing: Banks exposure to Russia, cyber threats, and rising inflation.


Table of contents

Solidity of the European banking sector

  • LCR and CET1 ratios keep improving
  • European banks continued to cut NPLs
  • NPL coverage ratio remained stable
  • European banks struggle with profitability
  • RoE and RoA bounced back after COVID-19
  • Solid yet not profitable enough

European banking in numbers
  • Over 400 million individuals with a bank account
  • Continued consolidation of European banks
  • Bank branch numbers continue to fall
  • Alongside branches, employee figures are shrinking
  • Bank assets in the EU increased slightly

Europe’s largest banks
  • Customer numbers grow but employees were made redundant
  • Assets of the leading banks exceeded ten trillion euros
  • Banco Santander on top in terms of revenue
  • A long recovery for Europe’s largest banks?
  • Profitability woes for European banks

Continued growth for digital-only challengers
  • Digital-only banks close the gap in brand value
  • Digital-only banks continue to attract customers and investors
  • New entrants are looking to new markets
  • Expansion is the way: The quest to find new customers

2022: Another challenging year
  • Short-term threats for European banks
  • Cyber security: A growing threat
  • Exposure to Russia: A dangerous relationship
  • Russian market: Should banks stay or should they go?
  • The end of negative interest rates
  • Interest rates increase: Short-term gains, but long-term challenges

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