Earnings & efficiency · Versioned metric research
Efficiency ratio (official UBPR)
Noninterest expense as a percent of net interest income plus noninterest income, year-to-date, as published in FFIEC's official UBPR bulk data. This site does not derive its own efficiency ratio, so this is the only value shown for it on /ubpr. Open official FFIEC instructions ↗
In plain English
Efficiency ratio (official UBPR): 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, 1,068 banks reported a verified value for efficiency ratio (official ubpr). The median was 58.7%, the middle half of them fell between 50.8% and 67.3%, and the range from the 10th to the 90th percentile ran 42.3% to 76.6%.
Over the last four quarters the median moved from 60.9% in Q2 2025 to 58.7%, down 2.22 percentage points.
Across the 14 quarters on record, from Q1 2023, the median has ranged from 58.7% (Q2 2026) to 64.6% (Q1 2024).
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
This is the official FFIEC Uniform Bank Performance Report figure, so its adjustments can differ from the unadjusted year-to-date version on the other efficiency ratio page. Compare banks on the same version.
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.
Calculation contract
official_ubpr_direct_ingestion
Source schedule: Not derivable from this formula
Null policy: abstain if missing
Effective: 2026-01-01 to current
Percentiles describe position, not merit.
P10 through P90 below mark where 1068 banks' reported efficiency ratio (official ubpr) 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
Efficiency ratio (official UBPR) — covered-bank median
View chart data as a table
| Period | Value | Revision | Event |
|---|---|---|---|
| 2023-03-31 | 60.38 percent | No marker | None |
| 2023-06-30 | 61.165 percent | No marker | None |
| 2023-09-30 | 61.43 percent | No marker | None |
| 2023-12-31 | 62.88 percent | No marker | None |
| 2024-03-31 | 64.63 percent | No marker | None |
| 2024-06-30 | 64.275 percent | No marker | None |
| 2024-09-30 | 63.87 percent | No marker | None |
| 2024-12-31 | 63.61 percent | No marker | None |
| 2025-03-31 | 62.1 percent | No marker | None |
| 2025-06-30 | 60.9 percent | No marker | None |
| 2025-09-30 | 60.12 percent | No marker | None |
| 2025-12-31 | 59.88 percent | No marker | None |
| 2026-03-31 | 59.4 percent | No marker | None |
| 2026-06-30 | 58.675 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
Efficiency ratio (official UBPR) across covered banks
Median with interquartile and P10–P90 ranges across verified observations.
View distribution data as a table
| Period | Population | P10 | P25 | Median | P75 | P90 |
|---|---|---|---|---|---|---|
| 2026-06-30 | 1,068 | 42.29% | 50.78% | 58.67% | 67.30% | 76.56% |
| 2026-03-31 | 1,070 | 43.02% | 51.13% | 59.40% | 68.03% | 78.29% |
| 2025-12-31 | 1,072 | 43.96% | 52.15% | 59.88% | 68.65% | 78.75% |
| 2025-09-30 | 1,073 | 43.62% | 52.38% | 60.12% | 69.35% | 79.35% |
| 2025-06-30 | 1,075 | 44.26% | 53.28% | 60.90% | 70.57% | 80.73% |
| 2025-03-31 | 1,077 | 44.54% | 53.65% | 62.10% | 71.76% | 82.80% |
| 2024-12-31 | 1,079 | 44.54% | 54.86% | 63.61% | 72.98% | 83.94% |
| 2024-09-30 | 1,079 | 43.90% | 54.92% | 63.87% | 73.65% | 84.01% |
| 2024-06-30 | 1,080 | 44.17% | 55.47% | 64.27% | 74.09% | 84.36% |
| 2024-03-31 | 1,081 | 44.21% | 55.72% | 64.63% | 74.96% | 84.88% |
| 2023-12-31 | 1,081 | 43.22% | 53.37% | 62.88% | 72.04% | 81.68% |
| 2023-09-30 | 1,082 | 42.82% | 52.51% | 61.43% | 71.16% | 81.61% |
| 2023-06-30 | 1,082 | 42.40% | 52.09% | 61.17% | 70.67% | 80.53% |
| 2023-03-31 | 1,084 | 42.01% | 51.45% | 60.38% | 69.91% | 79.79% |
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 | 1068 | 42.29% | 50.78% | 58.67% | 67.30% | 76.56% |
| 2026-03-31 | 1070 | 43.02% | 51.13% | 59.40% | 68.03% | 78.29% |
| 2025-12-31 | 1072 | 43.96% | 52.15% | 59.88% | 68.65% | 78.75% |
| 2025-09-30 | 1073 | 43.62% | 52.38% | 60.12% | 69.35% | 79.35% |
| 2025-06-30 | 1075 | 44.26% | 53.28% | 60.90% | 70.57% | 80.73% |
| 2025-03-31 | 1077 | 44.54% | 53.65% | 62.10% | 71.76% | 82.80% |
| 2024-12-31 | 1079 | 44.54% | 54.86% | 63.61% | 72.98% | 83.94% |
| 2024-09-30 | 1079 | 43.90% | 54.92% | 63.87% | 73.65% | 84.01% |
| 2024-06-30 | 1080 | 44.17% | 55.47% | 64.27% | 74.09% | 84.36% |
| 2024-03-31 | 1081 | 44.21% | 55.72% | 64.63% | 74.96% | 84.88% |
| 2023-12-31 | 1081 | 43.22% | 53.37% | 62.88% | 72.04% | 81.68% |
| 2023-09-30 | 1082 | 42.82% | 52.51% | 61.43% | 71.16% | 81.61% |
| 2023-06-30 | 1082 | 42.40% | 52.09% | 61.17% | 70.67% | 80.53% |
| 2023-03-31 | 1084 | 42.01% | 51.45% | 60.38% | 69.91% | 79.79% |
Institution drilldown
Highest reported values
- #1BAYFIRST NATIONAL BANK246.13%
- #2EREBOR BANK N A211.95%
- #3COLONIAL SAVINGS FA192.24%
- #4TRANSPECOS BANKS SSB146.40%
- #5THRIVENT BANK135.46%
- #6UNITED FIDELITY BANK FSB128.24%
- #7FIELDPOINT PRIVATE B&T118.98%
- #8INTERCREDIT BANK NA116.89%
- #9HAVEN SAVINGS BANK115.98%
- #10EVOLVE BANK&TRUST105.44%
Institution drilldown
Lowest reported values
- #1059SQUARE FINL SERVICES INC15.44%
- #1060CHARLES SCHWAB PREMIER BK SS14.86%
- #1061WELLS FARGO BANK S CNTL NA14.50%
- #1062AMERIPRISE BANK FSB10.07%
- #1063GREENE CNTY COMMERCIAL BANK8.82%
- #1064BEAL BANK USA6.02%
- #1065WELLS FARGO TRUST CO NA3.88%
- #1066NANO BANC-5.47%
- #1067CRESCENT BANK-231.54%
- #1068UNION COUNTY SAVINGS BANK-280.71%
Institution discovery
Search verified rankings by quarter
1,068 matched institutions · selected period 2026-06-30
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.