Turkiye Garanti Bankasi is forecast to grow earnings and revenue by 32.7% and 27.8% per annum respectively. EPS is expected to grow by 28.4% per annum. Return on equity is forecast to be 33.6% in 3 years.
Key information
32.7%
Earnings growth rate
28.4%
EPS growth rate
Banks earnings growth
44.5%
Revenue growth rate
27.8%
Future return on equity
33.6%
Analyst coverage
Good
Last updated
05 Nov 2024
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
IBSE:GARAN - Analysts future estimates and past financials data (TRY Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2026
434,372
187,768
N/A
N/A
4
12/31/2025
363,046
148,821
N/A
N/A
4
12/31/2024
254,337
99,463
N/A
N/A
2
9/30/2024
208,893
95,429
-659,178
-652,788
N/A
6/30/2024
197,408
96,946
-452,465
-447,141
N/A
3/31/2024
179,872
93,299
-549,513
-544,486
N/A
12/31/2023
160,159
86,375
-460,759
-455,644
N/A
9/30/2023
146,660
76,933
-375,712
-371,508
N/A
6/30/2023
131,765
70,785
-423,914
-420,173
N/A
3/31/2023
119,090
65,436
-280,599
-277,266
N/A
12/31/2022
106,963
58,285
-276,288
-274,158
N/A
9/30/2022
86,177
42,610
-348,210
-345,876
N/A
6/30/2022
64,828
28,890
-278,060
-275,969
N/A
3/31/2022
50,431
19,017
-229,841
-228,495
N/A
12/31/2021
40,586
13,467
-191,672
-190,386
N/A
9/30/2021
29,386
10,899
-72,521
-70,865
N/A
6/30/2021
27,002
9,022
-87,797
-85,675
N/A
3/31/2021
25,208
7,659
-64,604
-62,631
N/A
12/31/2020
23,459
6,656
-79,764
-77,862
N/A
9/30/2020
23,666
6,410
-88,887
-87,921
N/A
6/30/2020
20,369
5,832
-40,580
-40,028
N/A
3/31/2020
19,114
6,091
-33,759
-33,168
N/A
12/31/2019
18,148
6,165
-20,147
-19,540
N/A
9/30/2019
18,948
5,983
44,286
45,568
N/A
6/30/2019
19,644
6,369
-6,467
-4,985
N/A
3/31/2019
19,422
6,372
-27,409
-25,609
N/A
12/31/2018
19,094
6,642
-29,033
-27,239
N/A
9/30/2018
17,467
6,907
-82,717
-81,838
N/A
6/30/2018
17,399
7,160
N/A
-48,168
N/A
3/31/2018
16,534
6,803
N/A
-39,101
N/A
12/31/2017
15,961
6,332
N/A
-26,733
N/A
9/30/2017
16,306
6,220
N/A
-26,201
N/A
6/30/2017
14,687
5,596
N/A
-23,263
N/A
3/31/2017
14,496
5,595
N/A
-26,744
N/A
12/31/2016
13,518
5,105
N/A
-20,237
N/A
9/30/2016
12,853
4,856
N/A
-6,398
N/A
6/30/2016
12,102
4,162
N/A
-20,889
N/A
3/31/2016
11,471
3,751
N/A
-9,977
N/A
12/31/2015
11,236
3,581
N/A
-20,074
N/A
9/30/2015
10,835
3,443
N/A
-30,034
N/A
6/30/2015
10,900
3,795
N/A
-21,854
N/A
3/31/2015
10,504
3,635
N/A
-21,313
N/A
12/31/2014
10,154
3,647
N/A
-12,227
N/A
9/30/2014
9,433
3,162
N/A
-2,240
N/A
6/30/2014
8,908
2,904
N/A
-7,917
N/A
3/31/2014
8,815
3,014
N/A
-13,936
N/A
12/31/2013
9,162
3,314
N/A
-21,132
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GARAN's forecast earnings growth (32.7% per year) is above the savings rate (18.9%).
Earnings vs Market: GARAN's earnings (32.7% per year) are forecast to grow slower than the TR market (38.3% per year).
High Growth Earnings: GARAN's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GARAN's revenue (27.8% per year) is forecast to grow faster than the TR market (25.6% per year).
High Growth Revenue: GARAN's revenue (27.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GARAN's Return on Equity is forecast to be high in 3 years time (33.6%)