Akbank T.A.S
Market Cap
₺28.0b
Last Updated
2020/10/21 16:32 UTC
Data Sources
Company Financials +
Executive Summary
Akbank T.A.S. provides various banking products and services. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Similar Companies
Share Price & News
How has Akbank T.A.S's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AKBNK has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
5.0%
AKBNK
0.8%
TR Banks
2.5%
TR Market
1 Year Return
-24.7%
AKBNK
71.6%
TR Banks
63.8%
TR Market
Return vs Industry: AKBNK underperformed the TR Banks industry which returned 74.1% over the past year.
Return vs Market: AKBNK underperformed the TR Market which returned 67.5% over the past year.
Shareholder returns
| AKBNK | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.0% | 0.8% | 2.5% |
| 30 Day | 14.8% | 7.0% | 12.6% |
| 90 Day | -6.6% | 14.3% | 9.7% |
| 1 Year | -24.7%-24.7% | 71.8%71.6% | 68.7%63.8% |
| 3 Year | -32.8%-44.8% | 76.0%56.8% | 84.2%61.1% |
| 5 Year | -6.8%-26.8% | 140.5%106.0% | 169.7%123.4% |
Price Volatility Vs. Market
How volatile is Akbank T.A.S's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Akbank T.A.S undervalued compared to its fair value and its price relative to the market?
5.06x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AKBNK (TRY5.42) is trading above our estimate of fair value (TRY2.42)
Significantly Below Fair Value: AKBNK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AKBNK is good value based on its PE Ratio (5.1x) compared to the TR Banks industry average (5.4x).
PE vs Market: AKBNK is good value based on its PE Ratio (5.1x) compared to the TR market (23.6x).
Price to Earnings Growth Ratio
PEG Ratio: AKBNK is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: AKBNK's PB Ratio (0.5x) is in line with the TR Banks industry average.
Next Steps
Future Growth
How is Akbank T.A.S forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
21.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AKBNK's forecast earnings growth (21.1% per year) is above the savings rate (9.5%).
Earnings vs Market: AKBNK's earnings (21.1% per year) are forecast to grow slower than the TR market (26.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AKBNK's revenue (14.5% per year) is forecast to grow slower than the TR market (14.7% per year).
High Growth Revenue: AKBNK's revenue (14.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AKBNK's Return on Equity is forecast to be low in 3 years time (15.1%).
Next Steps
Past Performance
How has Akbank T.A.S performed over the past 5 years?
9.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AKBNK has a high level of non-cash earnings.
Growing Profit Margin: AKBNK's current net profit margins (33.2%) are lower than last year (37%).
Past Earnings Growth Analysis
Earnings Trend: AKBNK's earnings have grown by 9% per year over the past 5 years.
Accelerating Growth: AKBNK's earnings growth over the past year (9.3%) exceeds its 5-year average (9% per year).
Earnings vs Industry: AKBNK earnings growth over the past year (9.3%) underperformed the Banks industry 17.3%.
Return on Equity
High ROE: AKBNK's Return on Equity (9.7%) is considered low.
Next Steps
Financial Health
How is Akbank T.A.S's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: AKBNK's Assets to Equity ratio (7.7x) is low.
Allowance for Bad Loans: AKBNK has a low allowance for bad loans (94%).
Low Risk Liabilities: 67% of AKBNK's liabilities are made up of primarily low risk sources of funding.
Loan Level: AKBNK has an appropriate level of Loans to Assets ratio (55%).
Low Risk Deposits: AKBNK's Loans to Deposits ratio (94%) is appropriate.
Level of Bad Loans: AKBNK has a high level of bad loans (6.3%).
Next Steps
Dividend
What is Akbank T.A.S current dividend yield, its reliability and sustainability?
4.50%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AKBNK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AKBNK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AKBNK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AKBNK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AKBNK is not paying a notable dividend for the TR market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AKBNK's dividend in 3 years as they are not forecast to pay a notable one for the TR market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Sabri Binbasgil (60 yo)
8.75yrs
Tenure
Mr. Sabri Hakan Binbasgil has been the Chief Executive Officer at Akbank T.A.S. since January 2012 and serves as its Member of International Advisory Board. Mr. Binbasgil served as the Deputy Chief Executi ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Director & Member of International Advisory Board | 8.75yrs | no data | no data | |
| Vice Chairman | 0.58yr | no data | no data | |
| Honorary Chairman & Consultant | 12.58yrs | no data | no data | |
| Chief Financial Officer | 3yrs | no data | no data | |
| Executive Vice President of Technology & Operations | 3.75yrs | no data | no data | |
| Executive Vice President of Corporate & Investment Banking | 5.42yrs | no data | no data | |
| Chief Information Risk Officer | 3.33yrs | no data | no data | |
| Senior Vice President of Investor Relations & Sustainability | no data | no data | no data | |
| Head of Compliance | 1.5yrs | no data | no data | |
| Executive Vice President of People & Culture | 1.33yrs | no data | no data | |
| Executive Board Member & Member of International Advisory Board | 2yrs | no data | no data | |
| Head of Akbank Art Center | no data | no data | no data |
3.8yrs
Average Tenure
58.5yo
Average Age
Experienced Management: AKBNK's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Director & Member of International Advisory Board | 8.75yrs | no data | no data | |
| Vice Chairman | 0.58yr | no data | no data | |
| Honorary Chairman & Consultant | 12.58yrs | no data | no data | |
| Executive Board Member & Member of International Advisory Board | 2yrs | no data | no data | |
| Member of International Advisory Board | no data | no data | no data | |
| Member of International Advisory Board | no data | no data | no data | |
| Member of International Advisory Board | no data | no data | no data | |
| Member of International Advisory Board | no data | no data | no data | |
| Independent Director | 22.58yrs | no data | no data | |
| Independent Director | 6.58yrs | no data | no data | |
| Chairman & Chairman of International Advisory Board | 12.58yrs | no data | 0.63% TRY 176.6m | |
| Board Member | 5.58yrs | no data | no data |
6.6yrs
Average Tenure
60.5yo
Average Age
Experienced Board: AKBNK's board of directors are considered experienced (6.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Akbank T.A.S.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Akbank T.A.S.
- Ticker: AKBNK
- Exchange: IBSE
- Founded: 1948
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ₺28.028b
- Shares outstanding: 5.20b
- Website: https://www.akbank.com
Number of Employees
Location
- Akbank T.A.S.
- Sabanci Center
- 4.Levent
- Istanbul
- 34330
- Turkey
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AKBNK | IBSE (Borsa Istanbul (BIST)) | Yes | Common Stock | TR | TRY | Dec 1990 |
| AKBT.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | Jan 2005 | |
| AKB2 | DB (Deutsche Boerse AG) | ADR | DE | EUR | Jan 2005 |
Biography
Akbank T.A.S. provides various banking products and services. It operates through three segments: Retail Banking; Commercial Banking, SME Banking, and Corporate-Investment and Private Banking; and Treasury ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/21 16:32 |
| End of Day Share Price | 2020/10/21 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.