A comparative analysis of the US and EU retail banking markets - Wsbi

Table 16: Evolution of the Return on equity (before taxes) in the EU, 1992-2003
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Belgium 5.7% 14.1% 13.2% 12.9% 15.3% 15.1% 14.8% 14.7% 20.5% 15.4% 11.3% 15.7%
Denmark -21.0% 10.6% 0.1% 18.5% 16.1% 15.1% 14.6% 14.2% 15.2% 16.5% 15.7% 17.0%
Germany 13.2% 13.6% 11.8% 12.6% 12.3% 10.9% 17.4% 9.2% 7.9% 5.1% 8.1% -0.2%
Greece 23.1% 21.6% 25.9% 24.4% 16.5% 17.9% 19.3% 27.6% 19.2% 14.3% 9.8% 12.3%
Spain 10.7% 3.8% 8.2% 9.2% 9.7% 10.6% 11.1% 11.4% 10.4% 9.3% 8.8% 9.5%
France 6.9% 2.9% 0.5% 3.6% 4.8% 7.7% 9.9% 10.8% 12.1% 12.7% 11.3% 11.0%
Ireland n.a. n.a. n.a. 20.2% 20.1% 19.0% 21.6% 18.1% 17.9% 12.3% 15.6% 15.2%
Italy 9.8% 12.0% 4.3% 5.9% 8.0% 5.5% 13.2% 13.9% 17.6% 14.0% 10.9% 10.0%
Luxembourg 11.2% 18.9% 20.9% 19.9% 22.3% 22.8% 24.7% 19.6% 20.5% 18.5% 12.4% 12.8%
Netherlands 13.9% 15.9% 15.2% 15.8% 16.0% 15.6% 14.3% 17.9% 17.2% 15.2% 11.5% 16.0%
Austria 6.9% 8.7% 7.9% 8.9% 9.6% 9.4% 9.5% 9.3% 11.3% 11.3% 6.9% 8.0%
Portugal 8.8% 9.2% 7.4% 7.7% 7.7% 9.1% 7.6% 6.9% 8.8% 6.3% 5.4% 5.6%
Finland -48.9% -28.4% -25.2% -7.9% 8.0% 15.2% 9.9% 15.2% 22.1% 67.4% 8.8% 14.5%
Sweden 18.4% 4.5% 19.3% 21.5% 24.3% 11.6% 16.4% 15.0% 18.7% 18.7% 10.0% 12.7%
United Kingdom 7.3% 19.3% 27.4% 28.6% 26.1% 26.2% 28.3% 30.2% 21.5% 20.1% 17.5% 21.7%
EU Average n.a. n.a. n.a. 10.6% 11.8% 11.9% 15.2% 14.0% 14.1% 12.5% 11.0% 10.1%
Notes: The figures for Denmark refer to commercial banks and savings banks.
The figures for Greece refer to commercial banks (which represent more than 80% of the total Greek assets).
The figures for Luxembourg refer to commercial banks (which represent 88% of the total Luxembourg assets in 2001).
The figures for Portugal refer to commercial banks (which represent 81% of the total Portuguese assets in 2001).
The figures for Sweden refer to commercial banks and savings banks (which represent 67% of the total Swedish assets in 2001).
The figures for the UK refer to commercial banks (which represent 52% of the total British assets in 2001).
Source: ESBG calculations based on information from the OECD (Bank profitability, 2002 & 2004).
Table 17: Evolution of the cost to income ratio in the EU, 1992-2003
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Belgium 68.3% 67.9% 71.7% 67.6% 65.7% 63.9% 63.5% 66.5% 59.9% 62.9% 67.8% 62.1%
Denmark 81.4% 51.1% 72.5% 54.0% 56.9% 59.2% 59.8% 62.1% 59.5% 53.1% 54.3% 51.5%
Germany 64.5% 62.4% 60.8% 63.8% 63.8% 64.1% 57.6% 67.8% 68.7% 69.9% 63.8% 72.6%
Greece 61.0% 62.7% 59.5% 64.3% 68.2% 63.2% 59.3% 41.6% 53.3% 58.4% 68.2% 62.7%
Spain 60.3% 59.7% 59.7% 63.2% 62.2% 61.4% 60.6% 63.1% 61.0% 55.5% 56.7% 54.3%
France 66.8% 64.8% 71.3% 65.6% 69.9% 68.8% 67.7% 67.6% 66.0% 62.1% 64.7% 64.0%
Ireland n.a. n.a. n.a. 59.3% 57.6% 58.3% 52.0% 51.7% 50.1% 55.7% 51.2% 50.7%
Italy 65.6% 60.8% 68.4% 67.6% 66.7% 68.7% 61.0% 60.7% 56.0% 55.4% 59.9% 60.9%
Luxembourg 39.4% 38.0% 45.0% 46.5% 46.5% 43.9% 39.3% 46.0% 45.1% 46.7% 39.8% 41.2%
Netherlands 67.2% 66.6% 67.1% 67.3% 67.3% 69.2% 70.8% 67.9% 70.5% 69.6% 70.9% 67.2%
Austria 64.0% 63.5% 65.1% 69.4% 69.1% 69.4% 67.9% 69.0% 66.9% 67.6% 70.0% 68.8%
Portugal 53.5% 56.2% 61.8% 64.9% 64.3% 60.0% 55.4% 58.5% 59.1% 57.1% 61.5% 53.9%
Finland 190.4% 136.4% 139.9% 112.2% 88.6% 73.4% 86.3% 70.7% 56.9% 37.7% 61.1% 50.1%
Sweden 121.3% 108.0% 80.1% 71.1% 63.7% 77.2% 68.7% 73.6% 67.1% 64.9% 71.2% 64.5%
United Kingdom 65.9% 63.2% 64.1% 63.7% 62.1% 60.9% 56.5% 54.6% 55.5% 57.4% 60.8% 56.8%
EU Average 68.6% 64.7% 66.4% 65.4% 65.2% 65.2% 61.4% 63.3% 62.4% 61.6% 62.5% 62.5%
Notes: The figures for Denmark refer to commercial banks and savings banks.
The figures for Greece refer to commercial banks (which represent more than 80% of the total Greek assets).
The figures for Luxembourg refer to commercial banks (which represent 88% of the total Luxembourg assets in 2001).
The figures for Portugal refer to commercial banks (which represent 81% of the total Portuguese assets in 2001).
The figures for Sweden refer to commercial banks and savings banks (which represent 67% of the total Swedish assets in 2001).
The figures for the UK refer to commercial banks (which represent 52% of the total British assets in 2001).
Sources: ESBG calculations on the basis of information from OECD (Bank profitability, 2002 & 2004).
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