Quarterly cost-to-income ratio of the banking industry in Portugal Q4 2008-Q3 2023
Between 2008 and 2023, the cost-to-income ratio of the banking industry in Portugal fluctuated around -50 percent, with a downward trend in recent years. The highest ratio was reported in the fourth quarter of 2013 at -70.33 percent. In 2022 and 2023, the ratio decreased notably, dropping to -36.53 percent in the third quarter of 2023.