Efficiency Ratio Calculator

Measure operational efficiency and cost management effectiveness

Calculate Efficiency Ratio

$

Total costs to run the business (salaries, rent, utilities, etc.)

$

Net interest income + non-interest income

Efficiency Analysis

60.00%
Efficiency Ratio
$40,000.00
Operating Income
40.00%
Operating Margin

Average Efficiency

Average efficiency. There's room for improvement in cost management. Review operating expenses and identify areas to reduce costs.

Industry Comparison: Near industry average - meets expectations
Profitability Impact: Moderate profitability - consider cost optimization

Cost Structure

Operating Expenses:$60,000.00
Revenue:$100,000.00
Operating Income:$40,000.00

Efficiency Metrics

Efficiency Ratio:60.00%
Operating Margin:40.00%
Expense per $1 Revenue:$0.60

Formula: Efficiency Ratio = (Operating Expenses / Net Revenue) × 100

Where: Operating Expenses = $60,000.00, Net Revenue = $100,000.00

💡 Key Insights

💰 For every $1 of revenue, you spend $0.60 on operating expenses
📊 Your operating margin is 40.00%
→ Average efficiency - look for cost reduction opportunities to improve profitability

Example Calculation

Bank Example

Operating Expenses: $60,000

Net Revenue: $100,000

(Interest Income: $80,000 - Interest Expense: $20,000 + Non-Interest Income: $40,000)

Calculation

Efficiency Ratio = (Operating Expenses / Net Revenue) × 100

Efficiency Ratio = ($60,000 / $100,000) × 100

Efficiency Ratio = 0.60 × 100

Efficiency Ratio = 60%

Operating Income = $100,000 - $60,000 = $40,000

Interpretation

An efficiency ratio of 60% means that for every dollar of revenue generated, 60 cents is spent on operating expenses, leaving 40 cents as operating income. This is considered a good efficiency ratio for banks.

📊 Industry Benchmarks

Banks
50-60% (Excellent)
60-70% (Good)
Credit Unions
55-70% (Good)
Financial Services
60-75% (Average)
General Business
40-70% (Varies by sector)

Lower ratios indicate better efficiency and cost management.

🎯 Rating Scale

Excellent< 50%
Good50-60%
Average60-70%
Below Average70-80%
Poor> 80%

💡 Improvement Tips

Automate processes to reduce labor costs

Negotiate better rates with suppliers

Optimize staffing levels and scheduling

Focus on high-margin products/services

Reduce unnecessary overhead expenses

Implement cost tracking and monitoring

Understanding Efficiency Ratio

What is Efficiency Ratio?

The efficiency ratio measures how well a company converts its revenue into profit by comparing operating expenses to revenue. It's widely used in banking and financial services to assess operational efficiency and cost management.

Why It Matters

  • Cost Control: Shows how effectively you manage expenses
  • Profitability Indicator: Lower ratio = higher profitability
  • Competitive Benchmark: Compare performance with peers

Efficiency Ratio Formula

Efficiency Ratio = (Operating Expenses / Net Revenue) × 100

  • Operating Expenses: Costs to run the business
  • Net Revenue: Total revenue or net interest income + non-interest income
  • Lower is Better: Less spent per dollar of revenue earned

Key Insight: A 60% efficiency ratio means you spend $0.60 to earn $1.00 of revenue, leaving $0.40 as operating income.

Interpreting Results

Low Efficiency Ratio (<60%)

  • • Excellent cost management
  • • Higher profitability
  • • Competitive advantage
  • • More resources for growth

High Efficiency Ratio (>70%)

  • • High operating costs
  • • Lower profitability
  • • Need for cost reduction
  • • Limited growth capacity

Banking vs General Business

Banking Industry

Uses net revenue (net interest income + non-interest income) in the denominator.

• Target: Below 60%
• Industry avg: 55-65%
• Best-in-class: 40-50%

General Business

Uses total revenue in the denominator for simplicity.

• Target: Varies by industry
• Retail: 70-90%
• Tech/SaaS: 30-50%