How is Unadjusted YTD efficiency ratio calculated?

RI 4093 / (4074 + 4079). Null policy: abstain if missing.

What source schedule does Unadjusted YTD efficiency ratio come from?

RI, per official FFIEC Call Report instructions.

How many banks reported Unadjusted YTD efficiency ratio for 2026-06-30?

4271 banks reported a verified value for 2026-06-30. Institutions with an unavailable or unverified value are excluded, never counted as zero.

Is a higher value better?

Higher or lower is not good or bad on its own: it depends on the bank's business model, size and market, so compare a bank with similar institutions.

Why can the efficiency ratio jump between quarters?

Because it is built from year-to-date totals, the first quarter reflects three months and later quarters reflect more. One-time revenue or expense items also move it, which is why comparing the same quarter across years is cleaner.

How often does this metric update?

Quarterly. Banks file Call Reports about 30 days after each quarter ends, and the figures here update when that data is loaded.

Earnings & efficiency · Versioned metric research

Unadjusted YTD efficiency ratio

Consolidated income statement; unadjusted regulatory ratio. Matching calendar year-to-date numerator and denominator. Source evidence: metric-source-contract-validation.json SHA256 38fdaa264d855efba9eacd852269d1d5ed33a76f4620c7726d21828dfb5e9a7d Open official FFIEC instructions ↗

In plain English

Unadjusted YTD efficiency ratio: what it shows

Noninterest expense (salaries, occupancy, technology and other overhead) divided by revenue, where revenue is net interest income plus noninterest income. This version is unadjusted and year-to-date.

Where reporting institutions stand now

As of Q2 2026, 4,271 banks reported a verified value for unadjusted ytd efficiency ratio. The median was 62.4%, the middle half of them fell between 53.6% and 72.9%, and the range from the 10th to the 90th percentile ran 45.7% to 84.5%.

Over the last four quarters the median moved from 57.4% in Q2 2025 to 62.4%, up 5.04 percentage points.

Across the 42 quarters on record, from Q1 2016, the median has ranged from 55.3% (Q1 2019) to 62.4% (Q2 2026).

Why it matters

It shows how much of each revenue dollar goes to running the bank before credit losses and taxes. It is the most used single measure of operating cost discipline.

How to read it

Analysts usually read a lower ratio as less overhead per dollar of revenue. Compare with banks of a similar business model, because banks with large wealth, trust or payments businesses carry different cost structures.

What to watch for

The figure accumulates through the calendar year, so compare a quarter with the same quarter of other years, not with the previous quarter. It is not adjusted for securities gains, intangible amortization or one-time items.

Common questions

Is a higher value better?: Higher or lower is not good or bad on its own: it depends on the bank's business model, size and market, so compare a bank with similar institutions.
Why can the efficiency ratio jump between quarters?: Because it is built from year-to-date totals, the first quarter reflects three months and later quarters reflect more. One-time revenue or expense items also move it, which is why comparing the same quarter across years is cleaner.
How often does this metric update?: Quarterly. Banks file Call Reports about 30 days after each quarter ends, and the figures here update when that data is loaded.

v3 definition42 quarters4271 current observationsRATIO unit

Calculation contract

`RI 4093 / (4074 + 4079)`

Source schedule: RI

Null policy: abstain if missing

Effective: 2016-03-31 to 2026-06-30

How every metric is acquired, derived, and validated →

Definition history

Earlier versions of this metric

Each version is a distinct, dated definition — values are never silently recomputed under an older definition.

v2 · 2016-03-31 to 2026-06-30: RI 4093 / (4074 + 4079)Null policy: abstain if missing
v1 · 2016-01-01 to superseded: RI 4093 / (RI 4074 + RI 4079)Null policy: abstain if missing

Reading this page

Percentiles describe position, not merit.

P10 through P90 below mark where 4271 banks' reported unadjusted ytd efficiency ratio values fell for 2026-06-30 — the median (P50) splits that group in half; it is not a target. The trend chart above follows that median quarter to quarter, and the distribution chart traces the full P10–P90 band. A higher or lower reported value is not labeled favorable or unfavorable here — that depends on the metric, the institution's business model, and context this page does not assert.

Accessible line chart

Unadjusted YTD efficiency ratio — covered-bank median

View chart data as a table

Period	Value	Revision	Event
2016-09-30	60.978 percent	No marker	None
2016-12-31	61.355 percent	No marker	None
2017-03-31	62.007 percent	No marker	None
2017-06-30	60.487 percent	No marker	None
2017-09-30	59.937 percent	No marker	None
2017-12-31	60.45 percent	No marker	None
2018-03-31	58.694 percent	No marker	None
2018-06-30	58.311 percent	No marker	None
2018-09-30	58.131 percent	No marker	None
2018-12-31	57.623 percent	No marker	None
2019-03-31	55.283 percent	No marker	None
2019-06-30	55.284 percent	No marker	None
2019-09-30	55.691 percent	No marker	None
2019-12-31	56.282 percent	No marker	None
2020-03-31	58.135 percent	No marker	None
2020-06-30	57.647 percent	No marker	None
2020-09-30	57.182 percent	No marker	None
2020-12-31	58.449 percent	No marker	None
2021-03-31	57.188 percent	No marker	None
2021-06-30	57.484 percent	No marker	None
2021-09-30	57.405 percent	No marker	None
2021-12-31	58.133 percent	No marker	None
2022-03-31	58.53 percent	No marker	None
2022-06-30	57.716 percent	No marker	None
2022-09-30	55.84 percent	No marker	None
2022-12-31	55.311 percent	No marker	None
2023-03-31	56.061 percent	No marker	None
2023-06-30	56.549 percent	No marker	None
2023-09-30	56.606 percent	No marker	None
2023-12-31	58.772 percent	No marker	None
2024-03-31	60.322 percent	No marker	None
2024-06-30	58.781 percent	No marker	None
2024-09-30	59.099 percent	No marker	None
2024-12-31	58.792 percent	No marker	None
2025-03-31	58.199 percent	No marker	None
2025-06-30	57.402 percent	No marker	None
2025-09-30	60.535 percent	No marker	None
2025-12-31	60.137 percent	No marker	None
2026-03-31	59.602 percent	No marker	None
2026-06-30	62.444 percent	No marker	None

Source: FFIEC Call Reports; OptimaYield versioned semantic layer. Color is supplemented by shape and labels; reduced-motion users receive no chart animation.

Historical distribution

Unadjusted YTD efficiency ratio across covered banks

Median with interquartile and P10–P90 ranges across verified observations.

2026-06-30 latest period4,271 observations62.44% median53.62%–72.95% interquartile range

View distribution data as a table

Period	Population	P10	P25	Median	P75	P90
2026-06-30	4,271	45.66%	53.62%	62.44%	72.95%	84.51%
2026-03-31	1,042	43.38%	51.74%	59.60%	68.28%	77.62%
2025-12-31	1,045	44.36%	52.82%	60.14%	68.77%	77.61%
2025-09-30	1,041	43.94%	52.89%	60.54%	69.31%	78.03%
2025-06-30	152	35.85%	50.80%	57.40%	64.00%	71.08%
2025-03-31	155	35.73%	51.25%	58.20%	64.50%	70.41%
2024-12-31	155	34.35%	52.79%	58.79%	65.24%	75.93%
2024-09-30	155	34.87%	52.60%	59.10%	65.98%	74.99%
2024-06-30	154	33.73%	53.30%	58.78%	66.57%	76.28%
2024-03-31	155	33.27%	53.56%	60.32%	67.38%	76.63%
2023-12-31	155	35.86%	52.52%	58.77%	66.39%	75.36%
2023-09-30	153	33.57%	49.53%	56.61%	62.88%	70.93%
2023-06-30	154	33.80%	49.59%	56.55%	62.89%	72.37%
2023-03-31	156	33.64%	49.81%	56.06%	62.83%	73.24%
2022-12-31	154	35.99%	47.22%	55.31%	60.93%	69.02%
2022-09-30	155	35.57%	47.10%	55.84%	61.77%	70.91%
2022-06-30	156	35.95%	47.48%	57.72%	64.22%	71.39%
2022-03-31	158	37.35%	49.52%	58.53%	66.99%	76.06%
2021-12-31	160	37.19%	48.54%	58.13%	63.89%	70.58%
2021-09-30	162	37.14%	48.55%	57.40%	63.05%	70.55%
2021-06-30	160	37.02%	48.83%	57.48%	63.14%	70.41%
2021-03-31	155	37.81%	48.85%	57.19%	63.35%	70.46%
2020-12-31	149	37.52%	48.95%	58.45%	66.07%	76.81%
2020-09-30	148	37.45%	47.94%	57.18%	64.14%	74.68%
2020-06-30	145	35.86%	49.42%	57.65%	64.13%	74.22%
2020-03-31	139	38.73%	50.47%	58.14%	67.25%	75.41%
2019-12-31	139	37.79%	48.69%	56.28%	63.27%	70.79%
2019-09-30	141	37.65%	47.94%	55.69%	63.07%	69.38%
2019-06-30	140	37.73%	48.03%	55.28%	62.50%	69.57%
2019-03-31	139	34.63%	46.30%	55.28%	63.20%	69.94%
2018-12-31	136	37.61%	48.95%	57.62%	63.07%	68.70%
2018-09-30	137	38.23%	48.69%	58.13%	62.73%	68.56%
2018-06-30	133	40.43%	48.95%	58.31%	64.13%	68.93%
2018-03-31	131	40.83%	50.16%	58.69%	65.39%	68.46%
2017-12-31	121	36.05%	49.88%	60.45%	65.50%	72.11%
2017-09-30	123	38.06%	49.94%	59.94%	65.04%	70.56%
2017-06-30	118	36.75%	48.51%	60.49%	65.79%	70.73%
2017-03-31	115	35.62%	49.45%	62.01%	67.00%	72.71%
2016-12-31	111	35.93%	51.07%	61.35%	67.64%	72.09%
2016-09-30	111	36.67%	51.93%	60.98%	67.83%	72.23%

Source: FFIEC Call Reports; OptimaYield versioned semantic layer. Population can change with filings, failures, mergers and eligibility. Missing values are excluded, never converted to zero.

Current distribution

Percentile history

Percentiles exclude unavailable values; they do not convert missing observations to zero.

Period	Population	P10	P25	Median	P75	P90
2026-06-30	4271	45.66%	53.62%	62.44%	72.95%	84.51%
2026-03-31	1042	43.38%	51.74%	59.60%	68.28%	77.62%
2025-12-31	1045	44.36%	52.82%	60.14%	68.77%	77.61%
2025-09-30	1041	43.94%	52.89%	60.54%	69.31%	78.03%
2025-06-30	152	35.85%	50.80%	57.40%	64.00%	71.08%
2025-03-31	155	35.73%	51.25%	58.20%	64.50%	70.41%
2024-12-31	155	34.35%	52.79%	58.79%	65.24%	75.93%
2024-09-30	155	34.87%	52.60%	59.10%	65.98%	74.99%
2024-06-30	154	33.73%	53.30%	58.78%	66.57%	76.28%
2024-03-31	155	33.27%	53.56%	60.32%	67.38%	76.63%
2023-12-31	155	35.86%	52.52%	58.77%	66.39%	75.36%
2023-09-30	153	33.57%	49.53%	56.61%	62.88%	70.93%
2023-06-30	154	33.80%	49.59%	56.55%	62.89%	72.37%
2023-03-31	156	33.64%	49.81%	56.06%	62.83%	73.24%
2022-12-31	154	35.99%	47.22%	55.31%	60.93%	69.02%
2022-09-30	155	35.57%	47.10%	55.84%	61.77%	70.91%
2022-06-30	156	35.95%	47.48%	57.72%	64.22%	71.39%
2022-03-31	158	37.35%	49.52%	58.53%	66.99%	76.06%
2021-12-31	160	37.19%	48.54%	58.13%	63.89%	70.58%
2021-09-30	162	37.14%	48.55%	57.40%	63.05%	70.55%
2021-06-30	160	37.02%	48.83%	57.48%	63.14%	70.41%
2021-03-31	155	37.81%	48.85%	57.19%	63.35%	70.46%
2020-12-31	149	37.52%	48.95%	58.45%	66.07%	76.81%
2020-09-30	148	37.45%	47.94%	57.18%	64.14%	74.68%
2020-06-30	145	35.86%	49.42%	57.65%	64.13%	74.22%
2020-03-31	139	38.73%	50.47%	58.14%	67.25%	75.41%
2019-12-31	139	37.79%	48.69%	56.28%	63.27%	70.79%
2019-09-30	141	37.65%	47.94%	55.69%	63.07%	69.38%
2019-06-30	140	37.73%	48.03%	55.28%	62.50%	69.57%
2019-03-31	139	34.63%	46.30%	55.28%	63.20%	69.94%
2018-12-31	136	37.61%	48.95%	57.62%	63.07%	68.70%
2018-09-30	137	38.23%	48.69%	58.13%	62.73%	68.56%
2018-06-30	133	40.43%	48.95%	58.31%	64.13%	68.93%
2018-03-31	131	40.83%	50.16%	58.69%	65.39%	68.46%
2017-12-31	121	36.05%	49.88%	60.45%	65.50%	72.11%
2017-09-30	123	38.06%	49.94%	59.94%	65.04%	70.56%
2017-06-30	118	36.75%	48.51%	60.49%	65.79%	70.73%
2017-03-31	115	35.62%	49.45%	62.01%	67.00%	72.71%
2016-12-31	111	35.93%	51.07%	61.35%	67.64%	72.09%
2016-09-30	111	36.67%	51.93%	60.98%	67.83%	72.23%
2016-06-30	109	37.93%	53.20%	61.85%	69.07%	73.65%
2016-03-31	107	36.19%	53.15%	62.21%	69.47%	73.89%

Institution drilldown

Highest reported values

#1HOUSTON BANK&TRUST9840.95%
#2PORTRAIT BANK8077.42%
#3ECHELON BANK2359.41%
#4LIBERTY BANK INC2281.08%
#5IRACE DIGITAL BANK NA1782.92%
#6GENERATIONS COMMUNITY BANK1115.29%
#7ALVAREZ&MARSAL TRUST CO NA794.94%
#842 NORTH PRIVATE BANK481.58%
#9FIVE RIVERS BANK464.46%
#10YOUNG AMERICANS BANK455.47%

Institution drilldown

Lowest reported values

#4262GREENE CNTY COMMERCIAL BANK10.91%
#4263ITS BANK10.23%
#4264AMERIPRISE BANK FSB10.07%
#4265BEAL BANK USA6.02%
#4266U S BANK TRUST NATIONAL ASSN4.80%
#4267WELLS FARGO TRUST CO NA3.88%
#4268WSB MUNICIPAL BANK2.19%
#4269JPMORGAN CHASE BANK DEARBORN0.15%
#4270NANO BANC-5.47%
#4271BMO HARRIS CENTRAL NA-700.00%

Institution discovery

Search verified rankings by quarter

4,271 matched institutions · selected period 2026-06-30

Reporting quarterBank name or FDIC certificateOrder

Rank	Institution	FDIC	Value	Percentile
#1	HOUSTON BANK&TRUST	59360	9840.95%	P100
#2	PORTRAIT BANK	59381	8077.42%	P100
#3	ECHELON BANK	59377	2359.41%	P100
#4	LIBERTY BANK INC	26816	2281.08%	P100
#5	IRACE DIGITAL BANK NA	59366	1782.92%	P100
#6	GENERATIONS COMMUNITY BANK	59365	1115.29%	P100
#7	ALVAREZ&MARSAL TRUST CO NA	59395	794.94%	P100
#8	42 NORTH PRIVATE BANK	27015	481.58%	P100
#9	FIVE RIVERS BANK	59345	464.46%	P100
#10	YOUNG AMERICANS BANK	27010	455.47%	P100
#11	BATTLE BANK NATIONAL ASSN	9336	393.73%	P100
#12	M C BANK&TRUST CO	17388	309.29%	P100
#13	BANK OF LUMBER CITY	16281	293.75%	P100
#14	EASTERN NATIONAL BANK	20026	270.10%	P100
#15	LINEAGE BANK	6100	260.32%	P100
#16	LAMONT BANK OF ST JOHN	8681	257.56%	P100
#17	SOLUTIONS PLUS BANK	59362	255.37%	P100
#18	ALTOS BANK	59339	253.85%	P100
#19	SUMMIT NATIONAL BANK	25054	233.09%	P100
#20	FORTUNA BANK	59330	225.06%	P100
#21	BANK47	32968	224.23%	P100
#22	EREBOR BANK N A	59378	211.95%	P100
#23	OLD GLORY BANK	18924	210.34%	P99
#24	BESSEMER TR CO OF CA NA	35413	206.51%	P99
#25	PIONEER FS&LA	29517	193.32%	P99
#26	MAXWELL STATE BANK	15930	188.73%	P99
#27	TIOGA-FRANKLIN SAVINGS BANK	33802	188.70%	P99
#28	BESSEMER TR CO OF NEVADA NA	59346	181.37%	P99
#29	MIDLAND FS&LA	29980	179.26%	P99
#30	COLUMBIA SAVINGS&LOAN ASSN	28480	176.02%	P99
#31	CORNERSTONE COMMUNITY BANK	59379	171.43%	P99
#32	GRAND RIVERS COMMUNITY BANK	10816	169.39%	P99
#33	AMERICAN TRUST&SAVINGS BANK	10120	164.63%	P99
#34	PIERMONT BANK	59154	159.07%	P99
#35	BHM BANK	35314	157.87%	P99
#36	GALA BANK	59358	157.30%	P99
#37	VIDALIA FEDERAL SAVINGS BANK	29772	155.70%	P99
#38	CONNECT COMMUNITY BANK	28266	153.48%	P99
#39	SUMMIT BANK	23864	152.65%	P99
#40	ADIRONDACK BANK	28380	151.25%	P99
#41	PARAMOUNT BANK	57884	148.35%	P99
#42	HOME SAVINGS BANK FSB	31723	147.56%	P99
#43	TRANSPECOS BANKS SSB	11178	146.40%	P99
#44	LEGACY BANK	59204	142.44%	P99
#45	CITIZENS NB OF HAMMOND	14820	142.25%	P99
#46	EUREKA HOMESTEAD	29268	141.28%	P99
#47	CHAMPION BANK	57031	140.64%	P99
#48	UNIBANK	58407	139.29%	P99
#49	VARO BANK NATIONAL ASSN	59190	138.16%	P99
#50	THRIVENT BANK	59286	135.46%	P99

Related metrics

Other definitions from the same schedule or domain

Grouped by shared source schedule where derivable, otherwise by the same analytical domain — not a claim of statistical correlation.

Reported values and deterministic derived observations are research inputs, not ratings or predictions. Cohort composition changes over time; use peer reports for a controlled cohort comparison.