Pekao - Quarterly Cost Efficiency

Costs As % Of Assets & Income
Banking | Poland | November 8, 2023
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Excel Sheet

Pekao's cost to income ratio reached 37.0% in the third quarter of 2023, up from 36.7% when compared to the previous quarter.

Historically, the bank’s costs reached an all time high of 132% of income in 3Q2022 and an all time low of 33.2% in 4Q2022.

When compared to total assets, bank's cost amounted to 1.87% in 3Q2023, down from 1.94% in the previous quarter.

Staff accounted for 49.3% of total operating expenditures in the third quarter of 2023. The bank operated a network of 580 branches and employed 15,086 persons in 3Q2023.

When compared to bank's main peers, ING Bank Slaski operated in 3Q2023 with a cost to income ratio of 38.5%.

You can see all the bank’s data at Pekao Profile, or you can download a report on the bank in the report section.