Cost-to-income ratio of Italian banking group Intesa Sanpaolo 2013-2022
Cost-to-income ratio
The cost-to-income ratio is an important measure to evaluate the financial performance of companies and, particularly, banks. It is calculated by dividing operating expenses by operating income. This indicator shows how efficiently a company is run: the lower the cost-to-income ratio, the more profitable the company is (or should be).Leading banks in Italy
With over three thousand branches, Intesa Sanpaolo was the bank with the highest number of bank offices in Italy in July 2022. Following in the list was UniCredit with almost 2,400 bank branches. The two banks ranked as the largest banks in the country in terms of total assets. Not only do Intesa Sanpaolo and UniCredit dominate the Italian market, but they also appeared in several rankings of the leading banks in Europe, for instance in terms of market capitalization, and total assets.