The cost-to-income ratio of the banking industry in Estonia fluctuated significantly between 2014 and 2023. As a key indicator of a bank's operating costs relative to its income, the ratio reached its highest point at 56.06 percent in the first quarter of 2021, depicting a period of high expenses. Following an overall downward trajectory afterward, it stood at 38.12 percent by the fourth quarter of 2023, indicating a higher profitability for the sector due to lower costs.
Cost-to-income ratio of the banking industry in Estonia from 4th quarter 2014 to 4th quarter 2023
Characteristic
Cost-to-income ratio
Q4 2023
38.12%
Q3 2023
38.09%
Q2 2023
39.35%
Q1 2023
39.58%
Q4 2022
48.34%
Q3 2022
50.03%
Q2 2022
52.33%
Q1 2022
50.28%
Q4 2021
53.75%
Q3 2021
53.8%
Q2 2021
54.41%
Q1 2021
56.06%
Q4 2020
52.59%
Q3 2020
50.28%
Q2 2020
49.96%
Q1 2020
47.42%
Q4 2019
52.5%
Q3 2019
52.48%
Q2 2019
51.47%
Q1 2019
55.26%
Q4 2018
45.25%
Q3 2018
43.5%
Q2 2018
43.16%
Q1 2018
39.16%
Q4 2017
46.33%
Q3 2017
44.28%
Q2 2017
44.13%
Q1 2017
44.93%
Q4 2016
44.47%
Q3 2016
43.4%
Q2 2016
43.7%
Q1 2016
46.14%
Q4 2015
44.6%
Q3 2015
44.24%
Q2 2015
46.03%
Q1 2015
45.51%
Q4 2014
45.67%
Zoomable Statistic: Select the range in the chart you want to zoom in on.
Data refers to domestic banking groups and stand alone banks, foreign (EU and non-EU) controlled subsidiaries and foreign (EU and non-EU) controlled branches.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
ECB. (June 13, 2024). Cost-to-income ratio of the banking industry in Estonia from 4th quarter 2014 to 4th quarter 2023 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1428725/estonia-cost-to-income-ratio-banking-industry-quarterly/
ECB. "Cost-to-income ratio of the banking industry in Estonia from 4th quarter 2014 to 4th quarter 2023." Chart. June 13, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1428725/estonia-cost-to-income-ratio-banking-industry-quarterly/
ECB. (2024). Cost-to-income ratio of the banking industry in Estonia from 4th quarter 2014 to 4th quarter 2023. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1428725/estonia-cost-to-income-ratio-banking-industry-quarterly/
ECB. "Cost-to-income Ratio of The Banking Industry in Estonia from 4th Quarter 2014 to 4th Quarter 2023." Statista, Statista Inc., 13 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1428725/estonia-cost-to-income-ratio-banking-industry-quarterly/
ECB, Cost-to-income ratio of the banking industry in Estonia from 4th quarter 2014 to 4th quarter 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1428725/estonia-cost-to-income-ratio-banking-industry-quarterly/ (last visited November 10, 2024)
Cost-to-income ratio of the banking industry in Estonia from 4th quarter 2014 to 4th quarter 2023 [Graph], ECB, June 13, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1428725/estonia-cost-to-income-ratio-banking-industry-quarterly/
