Bank Cost to Income Ratio in Canada

Bank cost to income ratio reached 62.2% in 2023 in Canada, according to the National Central Bank. This is 16.0% more than in the previous year.

Historically, bank cost to income ratio in Canada reached an all time high of 73.4% in 2009 and an all time low of 53.6% in 2022.

Canada has been ranked 14th within the group of 84 countries we follow in terms of bank cost to income ratio.