Operating expenses divided by fee income plus tax equivalent net interest income.
The ratio of noninterest expense to total revenue. It is a productivity measure based on how well noninterest expense is managed and may be influenced by the level of revenue generated.
is the relationship between administrative expenses and operating revenues. The ratio measures the proportion of operating revenue necessary to cover these expenses. Administrative expenses = Expenses with personnel + Other administrative expenses + Tax expense, while Operating expenses = Gross financial margin + Revenue from Services + Other operating revenue + Other operating expenses).