AKBN

Akbank TAS

AKBNK.IS akbank.com
72.85
+0.75 (+1.04%)
TRY · IS
52-week range
51.40
90.60
Trading at 55% of the 52-week range
Market Cap
378.04B
P/E Ratio
5.67
Forward P/E
6.93
Book Value
62.46
Div. Yield
3.05%
% Institutions
18.44%
% Insiders
41.28%

1 Year

+23.0%

3 Year

+170.2%

10 Year

+1,351.9%
Description

Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. The company's consumer banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking services. It also offers services to large, medium, and small size corporate and commercial customers that include Turkish Lira (TL) and foreign currency denominated working capital loans financing for investments, foreign trade financing, derivative instruments for hedging purposes of foreign currency and interest risk, letters of credit, foreign currency trading, corporate finance, and deposit and cash management services, as well as project finance loans; and working capital management, delivering cash management services based on customers' requests, such as collection and payment, and liquidity and information management services. In addition, the company engages in TL and foreign currency spot, and forward transactions, treasury and government bonds, Eurobonds, and private sector bond transactions, as well as derivative trading activities; and marketing and pricing activities related to treasury products. Further, it provides foreign exchange, and TL clearing; financial leasing, investment and pension funds management, portfolio management, and payment services as well as issues electronic money. Akbank T.A.S. was incorporated in 1948 and is headquartered in Istanbul, Turkey.

Company Information

Company Name
Akbank TAS
Sector
Financial Services
Industry
Banks - Regional
Exchange
IS
ISIN: TRAAKBNK91N6
Currency: TRY
Full Time Employees: 12,897
Phone: 90 212 385 55 55
Website: akbank.com
Fiscal Year End: December
IPO Date: Apr 09, 1998
Description:

Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. The company's consumer banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking services. It also offers services to large, medium, and small size corporate and commercial customers that include Turkish Lira (TL) and foreign currency denominated working capital loans financing for investments, foreign trade financing, derivative instruments for hedging purposes of foreign currency and interest risk, letters of credit, foreign currency trading, corporate finance, and deposit and cash management services, as well as project finance loans; and working capital management, delivering cash management services based on customers' requests, such as collection and payment, and liquidity and information management services. In addition, the company engages in TL and foreign currency spot, and forward transactions, treasury and government bonds, Eurobonds, and private sector bond transactions, as well as derivative trading activities; and marketing and pricing activities related to treasury products. Further, it provides foreign exchange, and TL clearing; financial leasing, investment and pension funds management, portfolio management, and payment services as well as issues electronic money. Akbank T.A.S. was incorporated in 1948 and is headquartered in Istanbul, Turkey.

Address:

Sabanci Center, Istanbul, Turkey, 34330

People

Directors & Officers

Name Title Year Born
Mr. Cenk Kaan Gur CEO, Member of International Advisory Board & Director 1964
Mr. Sabri Hakan Binbasgil Executive Vice Chairman & Member of International Advisory Board 1960
Mr. Erol Sabanci Honorary Chairman & Consultant 1938
Mr. Turker Tunali C.F.A. Executive VP of Financial Management & CFO NA
Mr. Yunus Emre Ozben Executive Vice President of Corporate & Investment Banking NA
Mr. Gokhan Gokcay Executive Vice President of Technology NA
Mr. Kamile Necat Ebru Güvenir Head of Investor Relations & Sustainability Department NA
Mr. Berna Avdan General Counsel NA
Mr. Beril Alakoc Head of Brand & Communication NA
Mr. Bulent Oguz Executive Vice President of People & Culture NA

Financial Highlights

Market Cap: $378.04B
P/E Ratio: $5.67
PEG Ratio: $1.79
Book Value: $62.46
Dividend/Share: $2.20
Dividend Yield: 3.05%
Earnings/Share: $12.83
Profit Margin: 29.49%
Operating Margin: 35.31%
ROA (TTM): 1.91%
ROE (TTM): 22.86%
Revenue (TTM): $226.33B
Revenue/Share (TTM): $43.53
Earnings Growth (YOY): 36.70%
Revenue Growth (YOY): 42.00%

Valuation Metrics

Enterprise Value: $906.77B
Trailing P/E: 5.67
Forward P/E: 6.93

Shares Statistics

Shares Outstanding: 5.20B
Shares Float: 3.05B
% Insiders: 41.28%
% Institutions: 18.44%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$230.09B
Gross Profit
subtotal
$230.09B
SG&A
adjust
$-2.31B
Operating Income
subtotal
$227.78B
Other / Non-Operating Items
adjust
$-170.53B
Net Income
subtotal
$57.25B

Earnings Per Share (EPS) History

Financial Ratios

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