Cost to income ratio of OP Financial Group 2010-2022
The cost to income ratio of OP Financial Group was 61.6 percent in 2022, which was a notable decrease compared to 2021, when the ratio was 68.8 percent. The lowest ratio in the observed period was reported in 2016 at 52 percent. Since then, the ratio increased almost every year. The cost to income ratio is used to measure the efficiency and profitability of the bank, and the smaller it is, the more cost-efficient the bank is.
