Quarterly cost-to-income ratio of the banking industry in Germany 2014-2023

Between the fourth quarter of 2014 and the fourth quarter of 2023, there was a fluctuating pattern, with occasional peaks in the cost-to-income ratio of the German banking industry. The ratio reached its highest point at 90.6 percent in the first quarter of 2020. Subsequently, there was a gradual decline until the first quarter of 2023, when the ratio stood at 56.6 percent, though in the fourth quarter of 2023 it increased again to 58.06 percent, indicating reduced efficiency.