Cost-to-income of Italian banking group Banco BPM 2017-2020
The cost-to-income ratio is a key financial measure, particularly important in valuing banks, which shows a company’s costs in relation to its income. The ratio gives investors a clear view of how efficiently it is being run – the lower it is, the more profitable the bank will be.
Banco BPM S.p.A. is an Italian bank that started to operate on 1st January 2017, by the merger of Banco Popolare and Banca Popolare di Milano.
Banco BPM is the third largest retail and corporate banking conglomerate in Italy, behind Intesa Sanpaolo and UniCredit.