A CASE OF MISTAKEN IDENTITY: THE USE OF EXPENSE/REVENUE RATIOS TO MEASURE RATIOS TO MEASURE BANK EFFICIENCY

Jon Osborne

Journal of Applied Corporate Finance, 1995, vol. 8, issue 2, 55-59

Abstract: First Interstate Bancorp, in announcing the next phase of its ongoing strategic plan, said its goal is to move its 1995 expense/revenue ratio to 58% from 65·7% in 1993. The expense/revenue ratio is considered to be a key measure of a bank's operating efficiency.

Date: 1995
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