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 58.2%, while the Banks industry saw earnings growing at 58.9% annually. Revenues have been growing at an average rate of 52.4% per year. Akbank T.A.S's return on equity is 32.4%, and it has net margins of 46.9%.
Key information
58.2%
Earnings growth rate
57.3%
EPS growth rate
Banks Industry Growth | 60.1% |
Revenue growth rate | 52.4% |
Return on equity | 32.4% |
Net Margin | 46.9% |
Next Earnings Update | 29 Jul 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Akbank T.A.S makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Mar 24 | 147,126 | 68,970 | 23,383 | 0 |
31 Dec 23 | 134,712 | 66,496 | 18,409 | 0 |
30 Sep 23 | 138,467 | 73,272 | 14,335 | 0 |
30 Jun 23 | 123,460 | 69,888 | 11,144 | 0 |
31 Mar 23 | 111,832 | 62,688 | 9,669 | 0 |
31 Dec 22 | 104,523 | 60,026 | 7,658 | 0 |
30 Sep 22 | 84,534 | 43,007 | 6,048 | 0 |
30 Jun 22 | 63,155 | 29,149 | 5,073 | 0 |
31 Mar 22 | 44,690 | 18,148 | 4,382 | 0 |
31 Dec 21 | 34,337 | 12,127 | 3,890 | 0 |
30 Sep 21 | 22,896 | 9,194 | 3,701 | 0 |
30 Jun 21 | 21,243 | 7,509 | 3,576 | 0 |
31 Mar 21 | 19,899 | 6,985 | 3,404 | 0 |
31 Dec 20 | 19,013 | 6,260 | 3,310 | 0 |
30 Sep 20 | 18,521 | 5,733 | 3,207 | 0 |
30 Jun 20 | 16,783 | 5,571 | 3,193 | 0 |
31 Mar 20 | 15,841 | 5,247 | 3,146 | 0 |
31 Dec 19 | 14,907 | 5,352 | 3,013 | 0 |
30 Sep 19 | 14,000 | 5,049 | 2,974 | 0 |
30 Jun 19 | 13,757 | 5,097 | 2,780 | 0 |
31 Mar 19 | 13,527 | 5,423 | 2,502 | 0 |
31 Dec 18 | 13,041 | 5,709 | 2,387 | 0 |
30 Sep 18 | 13,456 | 6,192 | 1,765 | 0 |
30 Jun 18 | 13,231 | 6,277 | 1,280 | 0 |
31 Mar 18 | 13,085 | 6,262 | 890 | 0 |
31 Dec 17 | 12,533 | 6,020 | 345 | 0 |
30 Sep 17 | 11,954 | 5,689 | 880 | 0 |
30 Jun 17 | 11,571 | 5,393 | 1,346 | 0 |
31 Mar 17 | 11,238 | 5,236 | 1,814 | 0 |
31 Dec 16 | 10,666 | 4,854 | 2,278 | 0 |
30 Sep 16 | 10,347 | 4,689 | 2,191 | 0 |
30 Jun 16 | 9,643 | 4,202 | 2,168 | 0 |
31 Mar 16 | 8,860 | 3,515 | 2,138 | 0 |
31 Dec 15 | 8,537 | 3,229 | 2,141 | 0 |
30 Sep 15 | 8,388 | 3,185 | 2,078 | 0 |
30 Jun 15 | 8,407 | 3,279 | 2,983 | 0 |
31 Mar 15 | 8,496 | 3,503 | 2,003 | 0 |
31 Dec 14 | 8,139 | 3,379 | 1,920 | 0 |
30 Sep 14 | 7,597 | 3,065 | 3,277 | 0 |
30 Jun 14 | 7,229 | 2,864 | 1,840 | 0 |
31 Mar 14 | 7,199 | 2,865 | 1,835 | 0 |
31 Dec 13 | 7,592 | 3,077 | 1,840 | 0 |
30 Sep 13 | 8,093 | 3,526 | 428 | 0 |
30 Jun 13 | 8,238 | 3,725 | 819 | 0 |
Quality Earnings: AKBNK has high quality earnings.
Growing Profit Margin: AKBNK's current net profit margins (46.9%) are lower than last year (56.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AKBNK's earnings have grown significantly by 58.2% per year over the past 5 years.
Accelerating Growth: AKBNK's earnings growth over the past year (10%) is below its 5-year average (58.2% per year).
Earnings vs Industry: AKBNK earnings growth over the past year (10%) did not outperform the Banks industry 17.3%.
Return on Equity
High ROE: Whilst AKBNK's Return on Equity (32.36%) is high, this metric is skewed due to their high level of debt.