Stock GARAN TURKIYE GARANTI BANKASI
Add to a list
To use this feature you must be a member
Log inSign up

Financials Turkiye Garanti Bankasi

Equities

GARAN

TRAGARAN91N1

Banks

Market Closed - Borsa Istanbul
Other stock markets
 08:39:56 29/04/2024 pm IST 		5-day change 1st Jan Change
81.95 TRY +1.36% Intraday chart for Turkiye Garanti Bankasi +7.19% +40.45%
29/04 Turkiye Garanti Bankasi A.S. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
18/03 Gelecek Varlik Yönetimi Anonim Sirketi acquired Non Performing loans Portfolio of TRY 531.8 million from Turkiye Garanti Bankasi A.S. for TRY 220 million. CI

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 46,788 43,554 47,334 1,26,168 2,45,070 3,44,190 - -
Enterprise Value (EV) 1 46,788 43,554 47,334 1,26,168 2,45,070 3,44,190 3,44,190 3,44,190
P/E ratio 7.59 x 6.91 x 3.66 x 216 x 2.84 x 3.94 x 2.71 x 2.42 x
Yield - - - 6.96% - 3.82% 6.3% 6.21%
Capitalization / Revenue 1.52 x 1.11 x 0.77 x 0.95 x 1.23 x 1.69 x 1.26 x 0.94 x
EV / Revenue 1.52 x 1.11 x 0.77 x 0.95 x 1.23 x 1.69 x 1.26 x 0.94 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.87 x 0.7 x 0.6 x 0.83 x 1 x 1.17 x 0.88 x 0.67 x
Nbr of stocks (in thousands) 42,00,000 42,00,000 42,00,000 42,00,000 42,00,000 42,00,000 - -
Reference price 2 11.14 10.37 11.27 30.04 58.35 81.95 81.95 81.95
Announcement Date 30/01/20 28/01/21 02/02/22 01/02/23 29/01/24 - - -
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 30,829 39,255 61,660 1,33,311 1,99,324 2,04,162 2,72,876 3,65,589
EBITDA - - - - - - - -
EBIT 1 19,337 23,540 38,838 1,02,009 1,42,939 1,17,946 1,71,106 2,25,419
Operating Margin 62.72% 59.97% 62.99% 76.52% 71.71% 57.77% 62.7% 61.66%
Earnings before Tax (EBT) 1 8,172 9,209 17,883 76,988 1,07,061 1,05,576 1,54,755 2,04,417
Net income 1 6,165 6,305 12,939 58,285 86,375 98,171 1,29,315 1,42,523
Net margin 20% 16.06% 20.98% 43.72% 43.33% 48.08% 47.39% 38.98%
EPS 2 1.468 1.501 3.081 0.1388 20.56 20.79 30.21 33.93
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - - 2.090 - 3.127 5.162 5.090
Announcement Date 30/01/20 28/01/21 02/02/22 01/02/23 29/01/24 - - -
1TRY in Million2TRY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 11,972 25,874 24,625 - - - 39,935 - - 58,778 - - - -
EBITDA - - - - - - - - - - - - - -
EBIT - 16,597 - - - - 27,922 - - 41,429 - - - -
Operating Margin - 64.14% - - - - 69.92% - - 70.48% - - - -
Earnings before Tax (EBT) 4,598 5,788 11,330 - - - 18,064 - - 34,021 - - - -
Net income 1 3,295 3,955 8,216 12,869 17,485 19,716 15,366 18,218 23,372 29,158 22,290 21,028 24,347 30,408
Net margin 27.52% 15.29% 33.36% - - - 38.48% - - 49.61% - - - -
EPS 2 - 0.9420 - 3.064 4.163 0.0469 3.700 4.388 5.600 6.877 5.310 5.007 5.797 7.240
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 29/07/20 02/02/22 25/04/22 28/07/22 27/10/22 01/02/23 27/04/23 27/07/23 30/10/23 29/01/24 29/04/24 - - -
1TRY in Million2TRY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 12.3% 10.9% 18.3% 50.1% 43.5% 37.7% 34.8% 31.5%
ROA (Net income/ Total Assets) 1.49% 1.3% 1.86% 5.41% 4.93% 3.97% 3.85% 3.9%
Assets 1 4,13,864 4,84,735 6,95,154 10,77,025 17,52,647 24,74,897 33,58,842 36,54,436
Book Value Per Share 2 12.80 14.80 18.80 36.30 58.30 70.00 93.00 123.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 30/01/20 28/01/21 02/02/22 01/02/23 29/01/24 - - -
1TRY in Million2TRY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Turkiye Garanti Bankasi

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
81.95 TRY
Average target price
80.94 TRY
Spread / Average Target
-1.24%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

1st Jan change Capi.
TURKIYE GARANTI BANKASI Stock Turkiye Garanti Bankasi
+40.45% 10.62B
JPMORGAN CHASE & CO. Stock JPMorgan Chase & Co.
+13.63% 555B
BANK OF AMERICA CORPORATION Stock Bank of America Corporation
+11.52% 295B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED Stock Industrial and Commercial Bank of China Limited
+10.21% 247B
WELLS FARGO & COMPANY Stock Wells Fargo & Company
+21.50% 209B
BANK OF CHINA LIMITED Stock Bank of China Limited
+17.45% 172B
CHINA CONSTRUCTION BANK CORPORATION Stock China Construction Bank Corporation
+9.68% 165B
HSBC HOLDINGS PLC Stock HSBC Holdings plc
+5.13% 156B
ROYAL BANK OF CANADA Stock Royal Bank of Canada
+0.01% 139B
HDFC BANK LIMITED Stock HDFC Bank Limited
-10.30% 139B
Other Banks
  1. Stock Market
  2. Equities
  3. GARAN Stock
  4. Financials Turkiye Garanti Bankasi