Report presents the ranking of Azerbaijani banks by the amount of their expenses in the first quarter of 2023:
| № | Banks | Expenses, in million manats | Annual change |
| 1 | Kapital Bank | 154.813 | 26.1% |
| 2 | International Bank of Azerbaijan | 103.767 | 37.2% |
| 3 | PASHA Bank | 65.088 | 19.9% |
| 4 | Unibank | 59.088 | 34.9% |
| 5 | Bank Respublika | 41.033 | 37.1% |
| 6 | Access Bank | 36.325 | 20.6% |
| 7 | Yelo Bank | 26.439 | 30.6% |
| 8 | Rabitabank | 25.999 | 31.1% |
| 9 | Bank of Baku | 23.879 | 43.4% |
| 10 | Xalq Bank | 22.356 | 15.9% |
| 11 | Turan Bank | 18.503 | 34.9% |
| 12 | Muğan Bank | 18.128 | 19.1% |
| 13 | Azer-Turk Bank | 16.017 | 63.5% |
| 14 | Express Bank | 14.096 | 19.4% |
| 15 | Premium Bank | 9.633 | 6.1% |
| 16 | Yapı Credi Bank Azerbaijan | 9.297 | 19.6% |
| 17 | Azerbaijan Industry Bank | 8.861 | 39.1% |
| 18 | Bank BTB | 8.214 | 2.6% |
| 19 | Bank VTB Azerbaijan | 7.855 | -2.9% |
| 20 | Zıraat Bank Azerbaijan | 7.073 | 37.3% |
| 21 | AFB Bank | 5.659 | 35.9% |
| 22 | Gunay Bank | 5.206 | 14.0% |
| 23 | Nakhchivan Bank | 2.897 | 42.3% |
| 24 | Bank Eurasia | 2.581 | 38.7% |
| 25 | Bank Melli Iran-Baku | 0.526 | -9.2% |