Three out of the five observed leading European banks saw a negative revenue growth rate in 2020, due to the economic downturn caused by COVID-19. In 2021 and 2022, however, all five banks increased their revenue growth. There are several factors that can affect the revenue and revenue growth of banks, such as interest rates, loan demand, and the overall health of the economy.
Revenue growth rate of selected leading banks in Europe from 2010 to 2022
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Statista. (June 6, 2023). Revenue growth rate of selected leading banks in Europe from 2010 to 2022 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1316414/revenue-growth-leading-banks-europe/
Statista. "Revenue growth rate of selected leading banks in Europe from 2010 to 2022." Chart. June 6, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1316414/revenue-growth-leading-banks-europe/
Statista. (2023). Revenue growth rate of selected leading banks in Europe from 2010 to 2022. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1316414/revenue-growth-leading-banks-europe/
Statista. "Revenue Growth Rate of Selected Leading Banks in Europe from 2010 to 2022." Statista, Statista Inc., 6 Jun 2023, https://www.statista.com/statistics/1316414/revenue-growth-leading-banks-europe/
Statista, Revenue growth rate of selected leading banks in Europe from 2010 to 2022 Statista, https://www.statista.com/statistics/1316414/revenue-growth-leading-banks-europe/ (last visited August 24, 2024)
Revenue growth rate of selected leading banks in Europe from 2010 to 2022 [Graph], Statista, June 6, 2023. [Online]. Available: https://www.statista.com/statistics/1316414/revenue-growth-leading-banks-europe/