efficiency

Efficiency Ratio

The cents of noninterest expense required to generate one dollar of core revenue.

As of Q1 2026FDICNONIXFDICNIMFDICNONIIFDICEEFFRSource retrieved 2026-08-01

National median

62.96%

Middle half

53.92%73.75%

Direction

Lower is favorable

What it means

Why this metric matters

The efficiency ratio is the industry's productivity scoreboard. Lower is better, but business model and asset scale strongly influence a fair comparison.

How it is calculated

noninterest_expense_ytd / NULLIF(net_interest_income_ytd + noninterest_income_ytd, 0) * 100

Source fields: NONIX + NIM + NONII + EEFFR. Not annualized.

Read the calculation methodology →

National distribution

Across active reporting banks

4,235 observations · Q1 2026

10th percentile

45.73%

25th percentile

53.92%

Median

62.96%

75th percentile

73.75%

90th percentile

86.20%

Quartile markers use every reported value. For readability, values outside the first and ninety-ninth percentiles are collected into the two end bars; rankings retain the exact reported values.

Reported extremes