By Helgi Library - December 12, 2019
VakifBank's customer loans reached TRY 188,337 mil in 2017, up 25.4% compared to the previous year. Turkish banking sector prov...
By Helgi Library - December 12, 2019
VakifBank's customer deposits reached TRY 148,075 mil in 2017, up 22.3% compared to the previous year. Turkish banking sector a...
By Helgi Library - June 23, 2018
VakifBank made a net profit of TRY 3,910 mil under revenues of TRY 12,509 mil in 2017, up 41.8% and 25.0% respectively compared to th...
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By Helgi Library - June 23, 2018
VakifBank employed 16,097 persons in 2017, up 3.09% when compared to the previous year. Historically, the bank's workforce hit an all time high of 16,097 persons in 2017 and an all time low of 7,150 in 2004. Average cost reached USD 3,147 per month per employee, ...
By Helgi Library - June 23, 2018
VakifBank employed 16,097 persons in 2017, up 3.09% compared to the previous year. Historically, the bank's workforce hit an all time high of 16,097 persons in 2017 and an all time low of 9,567 in 2008. The bank operated a network of 927 branches and 4,037...
By Helgi Library - June 23, 2018
VakifBank's retail deposits reached TRY 88,188 mil in 2017, up 24.7% compared to the previous year. Turkish banking sector accepted retail deposits of TRY 945 bil in 2017, up 17.2% when compared to the last year. VakifBank accounted for 9.33% of all retai...
By Helgi Library - December 12, 2019
VakifBank's corporate loans reached TRY 145,736 mil in 2017, up 27.9% compared to the previous year. Turkish banking sector provided corporate loans of TRY 1,571 bil in 2017, up 22.5% when compared to the last year. VakifBank accounted for 9.79% of all co...
By Helgi Library - June 23, 2018
VakifBank stock traded at TRY 6.77 per share at the end of 2017 implying a market capitalization of USD 4,475 mil. Since the end of 2012, the stock has appreciated by 46.9 % implying an annual average growth of 7.99 %. In absolute terms, the value of the company ...
By Helgi Library - June 23, 2018
VakifBank's non-performing loans reached 4.08% of total loans at the end of 2017, down from 4.55% compared to the previous year. Historically, the NPL ratio hit an all time high of 6.17% in 2009 and an all time low of 3.57% in 2011. Provision coverage amoun...
By Helgi Library - June 23, 2018
VakifBank generated total banking revenues of TRY 12,509 mil in 2017, up 25% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of TRY 12,509 mil in 2017 and an all...
By Helgi Library - June 23, 2018
VakifBank stock traded at TRY 6.77 per share at the end 2017 implying a market capitalization of USD 4,475 mil. Since the end of 2012, the stock has appreciated by 46.9 % implying an annual average growth of 7.99 %. In absolute terms, the value of the company ros...
By Helgi Library - June 23, 2018
VakifBank's net interest margin amounted to 3.59% in 2017, up from 3.53% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 19.1% in 1999 and an all time low of 1.91% in 2003. The average margin in th...
By Helgi Library - June 23, 2018
VakifBank's cost to income ratio reached 50.5% in 2017, up from 49.7% compared to the previous year. Historically, the bank’s costs reached an all time high of 110% of income in 2001 and an all time low of 48.7% in 2009. When compared to total assets, bank...
Türkiye Vakıflar Bankası T.A.O (or VakifBank) is a Turkey-based universal bank. The Bank offers retail and commercial banking products and services, such as credit and debit cards, private and commercial loans, savings and checking accounts and money transfers, issuing letters of guarantee, foreign currency and non-cash loans and commercial loan deposit accounts, as well as portfolio management, mutual and pension fund management, international trade finance and securities brokerage. At the end of 2015, the Bank operated a network of 920 branches and more than 3,200 ATMs in Turkey and abroad. Türkiye Vakiflar Bankasi Türk Anonim Ortakligi was founded in 1954 and is headquartered in Istanbul, Turkey.
VakifBank has been growing its revenues and asset by % and % a year on average in the last 3 years. Its loans and deposits have grown by % and % a year during that time and loans to deposits ratio reached at the end of 2017. The company achieved an average return on equity of % in the last three years with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached in 2017, compared to % average in the last three years.
Equity represented of total assets or of loans at the end of 2017. VakifBank's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2017.
VakifBank stock traded at per share at the end of 2017 resulting in a market capitalization of . Over the previous three years, stock price rose by 0% or 0% a year on average. That’s compared to an average ROE of % the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of x and price to book value (PBV) of x in 2017.
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