Turkiye Garanti Bankasi Future Growth
Future criteria checks 5/6
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 | 44.4% |
| 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
| 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 (25.9% 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%)