Since its establishment in 2015, Monzo Bank has witnessed significant growth in its assets and at the same time experienced a substantial increase in its total operating expenses. In its first reporting year in 2016, the bank's total operating cost was approximately 1.7 million British pounds. As of 2024, it amounted to almost 499 million British pounds.
Total operating expenses of Monzo Bank Group from 2016 to 2024
(in million GBP)
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Monzo. (May 30, 2024). Total operating expenses of Monzo Bank Group from 2016 to 2024 (in million GBP) [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1463837/monzo-bank-total-operating-expenses/
Monzo. "Total operating expenses of Monzo Bank Group from 2016 to 2024 (in million GBP)." Chart. May 30, 2024. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1463837/monzo-bank-total-operating-expenses/
Monzo. (2024). Total operating expenses of Monzo Bank Group from 2016 to 2024 (in million GBP). Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1463837/monzo-bank-total-operating-expenses/
Monzo. "Total Operating Expenses of Monzo Bank Group from 2016 to 2024 (in Million Gbp)." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/1463837/monzo-bank-total-operating-expenses/
Monzo, Total operating expenses of Monzo Bank Group from 2016 to 2024 (in million GBP) Statista, https://www.statista.com/statistics/1463837/monzo-bank-total-operating-expenses/ (last visited October 02, 2024)
Total operating expenses of Monzo Bank Group from 2016 to 2024 (in million GBP) [Graph], Monzo, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/1463837/monzo-bank-total-operating-expenses/