company background image
AKB2 logo

Akbank T.A.S DB:AKB2 Stock Report

Last Price

€2.68

Market Cap

€7.6b

7D

18.6%

1Y

78.7%

Updated

12 Nov, 2024

Data

Company Financials +

Akbank T.A.S. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Akbank T.A.S
Historical stock prices
Current Share Price₺2.68
52 Week High₺3.86
52 Week Low₺1.50
Beta0.72
11 Month Change-0.74%
3 Month Change-4.29%
1 Year Change78.67%
33 Year Change143.64%
5 Year Change19.64%
Change since IPO-58.71%

Recent News & Updates

Recent updates

Shareholder Returns

AKB2DE BanksDE Market
7D18.6%-0.7%1.1%
1Y78.7%26.2%13.5%

Return vs Industry: AKB2 exceeded the German Banks industry which returned 26.2% over the past year.

Return vs Market: AKB2 exceeded the German Market which returned 13.5% over the past year.

Price Volatility

Is AKB2's price volatile compared to industry and market?
AKB2 volatility
AKB2 Average Weekly Movement17.0%
Banks Industry Average Movement2.9%
Market Average Movement4.7%
10% most volatile stocks in DE Market10.8%
10% least volatile stocks in DE Market2.4%

Stable Share Price: AKB2's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: AKB2's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
194813,450Cenk Gurwww.akbank.com

Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. It operates through Consumer Banking and Private Banking; Commercial Banking, Corporate Banking, and SME Banking; and Treasury, Other, and Unallovated segments. 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.

Akbank T.A.S. Fundamentals Summary

How do Akbank T.A.S's earnings and revenue compare to its market cap?
AKB2 fundamental statistics
Market cap€7.55b
Earnings (TTM)€1.32b
Revenue (TTM)€3.65b

5.7x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AKB2 income statement (TTM)
Revenue₺133.34b
Cost of Revenue₺547.94m
Gross Profit₺132.79b
Other Expenses₺84.63b
Earnings₺48.16b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 30, 2025

Earnings per share (EPS)9.26
Gross Margin99.59%
Net Profit Margin36.12%
Debt/Equity Ratio196.3%

How did AKB2 perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

21%

Payout Ratio