Quarterly cost-to-income ratio of the banking industry in Spain 2008-2023
Between 2008 and 2023, the cost-to-income ratio of the banking industry in Spain fluctuated around 50 percent, with a downward trend in recent years. The highest ratio was reported in the second quarter of 2019 at 54.28 percent. In 2022 and 2023, the ratio decreased notably, dropping to 44.92 percent in the third quarter of 2023.