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Akbank T.A.S.

AKBNK.IS

Latest Trade

8.02TRY

Change

0.15(+1.91%)

Volume

48,418,303

Today's Range

7.93

 - 

8.17

52 Week Range

5.39

 - 

8.35

As of on the Istanbul Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
7.87
Open
8.01
Volume
48,418,303
3M AVG Volume
904.41
Today's High
8.17
Today's Low
7.93
52 Week High
8.35
52 Week Low
5.39
Shares Out (MIL)
5,200.00
Market Cap (MIL)
40,924.00
Forward P/E
7.30
Dividend (Yield %)
--

Next Event

Q4 2019 Akbank TAS Earnings Release

Latest Developments

More

Akbank Q3 Net Profit Down At 1.36 Billion Lira

Akbank To Issue Debt Instrument Worth Up To 30 Bln Lira To Domestic Qualified Investors

Akbank Secures Syndicated Loan Worth Total Of $402 Mln And EUR 373.5 Mln With 365-Day Tranche From International Markets

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About Akbank T.A.S.

Akbank TAS is a Turkey-based commercial bank. It operates under the following segments: Consumer Banking; Commercial Banking, Small and Medium Enterprises (SME) Banking, Corporate-Investment and Private Banking, and Treasury. Consumer Banking offers retail services such as deposit accounts, consumer loans and asset management services, among others. Corporate Banking, Commercial Banking and SME Banking provide solutions and services to large, medium and small size corporate and commercial customers, such as Term Loan (TL) and foreign currency (FC) denominated working capital loans financing for investments, foreign trade financing and cash management services, among others. Project finance loans are provided within the context of Investment Banking activities. In the scope of Private Banking, the Bank serves the members of the high-income customers. The Treasury segment conducts TL and FC spot and forward transactions, treasury bonds and private sector bond transactions, among others.

Industry

Regional Banks

Contact Info

Sabanci Center 4.Levent

+90.212.3855555

http://www.akbank.com

Executive Leadership

Suzan Sabanci Dincer

Executive Chairman of the Board of Directors

Sabri Hakan Binbasgil

Chief Executive Officer, Executive Member of the Board of Directors

Hayri Culhaci

Independent Executive Vice Chairman of the Board of Directors

Turker Tunali

Executive Vice President - CFO, Responsible for Investor Relations

Cetin Duz

Aklease General Manager

Key Stats

2.56 mean rating - 18 analysts
Sell
Hold
Buy
Revenue (MM, TRY)

2016

12.2K

2017

14.1K

2018

17.4K

2019(E)

20.1K
EPS (TRY)

2016

1.320

2017

1.760

2018

1.427

2019(E)

1.049
Price To Earnings (TTM)
7.66
Price To Sales (TTM)
1.50
Price To Book (MRQ)
0.79
Price To Cash Flow (TTM)
7.39
Total Debt To Equity (MRQ)
102.84
LT Debt To Equity (MRQ)
100.86
Return on Investment (TTM)
--
Return on Equity (TTM)
1.25

Latest News

Latest News

BRIEF-Akbank Q1 Net Profit Rises To 1.71 Billion Lira

* Q1 NET FEE AND COMMISSION INCOME 742.7 MILLION LIRA VERSUS 632.2 MILLION LIRA YEAR AGO

BRIEF-Akbank Decides To Issue Debt Instruments Worth Up To 20 Bln Lira To Qualified Investors

* DECIDES TO ISSUE DEBT INSTRUMENTS WORTH UP TO 20.00 BILLION LIRA TO QUALIFIED INVESTORS

BRIEF-Akbank To Increase Share Capital Of Unit Ak Yatirim To 80 Mln Lira From 30 Mln Lira

* DECIDES TO INCREASE SHARE CAPITAL OF 100 PCT OWNED UNIT AK YATIRIM TO 80.0 MILLION LIRA FROM 30.0 MILLION LIRA THROUGH RIGHTS ISSUES Source text for Eikon: Further company coverage: (Gdynia Newsroom)

BRIEF-Akbank Secures $795 Mln Through Its Diversified Payment Rights Securitization Program

* SECURES $795 MILLION THROUGH ITS DIVERSIFIED PAYMENT RIGHTS SECURITIZATION PROGRAM IN 5 SEPARATE TRANCHES Source text for Eikon: Further company coverage: (Gdynia Newsroom)

BRIEF-Akbank To Issue Dollar-denominated Debt Instruments Worth $400.0 Mln

* SUBORDINATED NOTES COUPON RATE SET AT 6.79 PERCENT WITH CALL OPTION ON APRIL 27, 2023 AND DUE APRIL 27, 2028

BRIEF-Akbank To Set Up Company Akode Elektronik With Initial Capital Of 12.0 Mln Lira

* TO ESTABLISH 100 PERCENT OWNED COMPANY AKODE ELEKTRONIK WITH INITIAL CAPITAL OF 12.0 MILLION LIRA Source text for Eikon: Further company coverage: (Gdynia Newsroom)

BRIEF-Akbank Mandates BNP Paribas, Citi, HSBC, Mizuho, MUFG And Societe Generale For Issuance Of USD Denominated Bonds

* MANDATES BNP PARIBAS, CITI, HSBC, MIZUHO, MUFG AND SOCIETE GENERALE FOR ISSUANCE OF USD DENOMINATED BONDS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

BRIEF-Akbank To Pay Dividend At Net 0.34 Lira Per Share As Of March 28

* TO ALLOCATE TOTAL NET DIVIDEND WORTH AT 1.36 BILLION LIRA TO SHAREHOLDERS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

BRIEF-Akbank Fy 2017 Net Profit Rises To 6.04 Bln

* FY 2017 NET INTEREST INCOME OF 10.54 BILLION LIRA VERSUS 7.95 BILLION LIRA YEAR AGO

BRIEF-Akbank To Set Up Company Titled AkOde With 12.0 Mln Lira Initial Capital

* TO SET UP 100 PERCENT OWNED COMPANY TITLED AKODE WITH 12.0 MILLION LIRA INITIAL CAPITAL

BRIEF-Akbank Sells NPL Portfolio Worth 774.0 Mln Lira For 36.0 Mln Lira

* SELLS NPL PORTFOLIO OF 774.0 MILLION LIRA FOR 36.0 MILLION LIRA TO GUVEN VARLIK, EFES VARLIK AND HAYAT VARLIK Source text for Eikon: Further company coverage: (Gdynia Newsroom)

BRIEF-Akbank Targets And Forecasts For 2018

* SEES NET FEES AND COMMISSION GROWTH AT ABOUT 15 PERCENT AND NPL AT ABOUT 2.1 PERCENT IN 2018

BRIEF-Akbank decides to make investments worth of total $250.0 mln in Gebze

* DECIDES TO MAKE INVESTMENTS WORTH OF TOTAL USD 250.0 MILLION IN GEBZE

BRIEF-Akbank Q3 net profit up at 1.50 billion lira

* Q3 NET PROFIT OF 1.50 BILLION LIRA VERSUS 1.10 BILLION LIRA YEAR AGO

BRIEF-Akbank to issue debt instruments up to $6.0 bln or equivalent

* TO ISSUE DEBT INSTRUMENTS UP TO $6.0 BILLION OR ITS EQUIVALENT IN ANY FOREIGN CURRENCY OR TURKISH LIRA Source text for Eikon: Further company coverage: (Gdynia Newsroom)

BRIEF-Akbank signs agreement with IFC to secure $150 million equivalent

* SIGNS AN AGREEMENT TO SECURE $150 MILLION EQUIVALENT IN TURKISH LIRA WITH INTERNATIONAL FINANCE CORPORATION ("IFC") Source text for Eikon: Further company coverage: (Gdynia Newsroom)

BRIEF-Akbank signs $1.15 billion equivalent syndicated loan facility

* SECURES A MULTI-CURRENCY SYNDICATED LOAN FACILITY AT AMOUNT OF USD 1.15 BILLION EQUIVALENT COMPRISED OF USD 543 MILLION AND EUR 515 MLN

Turkey's Akbank Q2 net profit rises 13 percent to 1.5 bln lira

Turkish lender Akbank posted a net profit up around 13 percent year-on-year to 1.5 billion lira ($425 million) in the second quarter, it said late on Wednesday, exceeding an expectation of 1.44 billion lira in a Reuters poll. ($1 = 3.5255 liras) (Reporting by Ebru Tuncay...

BRIEF-Akbank signs agreement with EIB to secure EUR 200 mln equivalent in Turkish Lira

* HAS SIGNED AN AGREEMENT TO SECURE FINANCING OF EUR 200 MILLION EQUIVALENT IN TURKISH LIRA WITH EUROPEAN INVESTMENT BANK (EIB)

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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