Akbank T.A.S Past Earnings Performance

Past criteria checks 2/6

Akbank T.A.S has been growing earnings at an average annual rate of 49.7%, while the Banks industry saw earnings growing at 18% annually. Revenues have been growing at an average rate of 47.7% per year. Akbank T.A.S's return on equity is 20.9%, and it has net margins of 36.1%.

Key information

49.7%

Earnings growth rate

49.5%

EPS growth rate

Banks Industry Growth	10.6%
Revenue growth rate	47.7%
Return on equity	20.9%
Net Margin	36.1%
Next Earnings Update	30 Jan 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Akbank T.A.S makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:AKB2 Revenue, expenses and earnings (TRY Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	133,336	48,162	30,839
30 Jun 24	143,860	59,582	28,536
31 Mar 24	147,077	68,970	24,010
31 Dec 23	134,712	66,496	18,409
30 Sep 23	138,466	73,272	14,992
30 Jun 23	123,460	69,888	11,448
31 Mar 23	111,832	62,688	9,669
31 Dec 22	104,523	60,026	7,658
30 Sep 22	84,534	43,007	6,048
30 Jun 22	63,155	29,149	5,073
31 Mar 22	44,690	18,148	4,382
31 Dec 21	34,337	12,127	3,890
30 Sep 21	22,896	9,194	3,701
30 Jun 21	21,243	7,509	3,576
31 Mar 21	19,899	6,985	3,404
31 Dec 20	19,013	6,260	3,310
30 Sep 20	18,521	5,733	3,207
30 Jun 20	16,783	5,571	3,193
31 Mar 20	15,841	5,247	3,146
31 Dec 19	14,907	5,352	3,013
30 Sep 19	14,000	5,049	2,974
30 Jun 19	13,757	5,097	2,780
31 Mar 19	13,527	5,423	2,502
31 Dec 18	13,041	5,709	2,387
30 Sep 18	13,456	6,192	1,765
30 Jun 18	13,231	6,277	1,280
31 Mar 18	13,085	6,262	890
31 Dec 17	12,533	6,020	345
30 Sep 17	11,954	5,689	880
30 Jun 17	11,571	5,393	1,346
31 Mar 17	11,238	5,236	1,814
31 Dec 16	10,666	4,854	2,278
30 Sep 16	10,347	4,689	2,191
30 Jun 16	9,643	4,202	2,168
31 Mar 16	8,860	3,515	2,138
31 Dec 15	8,537	3,229	2,141
30 Sep 15	8,388	3,185	2,078
30 Jun 15	8,407	3,279	2,983
31 Mar 15	8,496	3,503	2,003
31 Dec 14	8,139	3,379	1,920
30 Sep 14	7,597	3,065	3,277
30 Jun 14	7,229	2,864	1,840
31 Mar 14	7,199	2,865	1,835
31 Dec 13	7,592	3,077	1,840

Quality Earnings: AKB2 has high quality earnings.

Growing Profit Margin: AKB2's current net profit margins (36.1%) are lower than last year (52.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AKB2's earnings have grown significantly by 49.7% per year over the past 5 years.

Accelerating Growth: AKB2's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AKB2 had negative earnings growth (-34.3%) over the past year, making it difficult to compare to the Banks industry average (12.6%).

Return on Equity

High ROE: Whilst AKB2's Return on Equity (20.85%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 20:53
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Akbank T.A.S. is covered by 42 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Ata Invest
Cristina Marzea	Barclays
Cagdas Dogan	BNP Paribas Securities (Asia)