IBSE:ISCTR

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Türkiye Is Bankasi

Executive Summary

Türkiye Is Bankasi A.S. provides various banking products and services.


Snowflake Analysis

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

How has Türkiye Is Bankasi's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ISCTR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.8%

ISCTR

-3.5%

TR Banks

2.0%

TR Market


1 Year Return

-14.0%

ISCTR

60.6%

TR Banks

56.1%

TR Market

Return vs Industry: ISCTR underperformed the TR Banks industry which returned 58.8% over the past year.

Return vs Market: ISCTR underperformed the TR Market which returned 52.7% over the past year.


Shareholder returns

ISCTRIndustryMarket
7 Day-3.8%-3.5%2.0%
30 Day4.9%-2.5%7.1%
90 Day13.5%11.6%28.5%
1 Year-14.0%-14.0%60.7%60.6%59.7%56.1%
3 Year-27.6%-30.6%28.1%14.6%59.3%40.9%
5 Year5.8%-6.1%79.0%52.3%113.2%79.4%

Price Volatility Vs. Market

How volatile is Türkiye Is Bankasi's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Türkiye Is Bankasi undervalued compared to its fair value and its price relative to the market?

3.89x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ISCTR (TRY5.39) is trading above our estimate of fair value (TRY1.13)

Significantly Below Fair Value: ISCTR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ISCTR is good value based on its PE Ratio (3.9x) compared to the Banks industry average (5.8x).

PE vs Market: ISCTR is good value based on its PE Ratio (3.9x) compared to the TR market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ISCTR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ISCTR is good value based on its PB Ratio (0.4x) compared to the TR Banks industry average (0.5x).


Next Steps

Future Growth

How is Türkiye Is Bankasi forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

26.6%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Türkiye Is Bankasi has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Türkiye Is Bankasi performed over the past 5 years?

12.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ISCTR has a high level of non-cash earnings.

Growing Profit Margin: ISCTR's current net profit margins (23.5%) are lower than last year (27.6%).


Past Earnings Growth Analysis

Earnings Trend: ISCTR's earnings have grown by 12.3% per year over the past 5 years.

Accelerating Growth: ISCTR's earnings growth over the past year (1.1%) is below its 5-year average (12.3% per year).

Earnings vs Industry: ISCTR earnings growth over the past year (1.1%) underperformed the Banks industry 1.1%.


Return on Equity

High ROE: ISCTR's Return on Equity (11.1%) is considered low.


Next Steps

Financial Health

How is Türkiye Is Bankasi'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: ISCTR's Assets to Equity ratio (9.5x) is low.

Allowance for Bad Loans: ISCTR has a low allowance for bad loans (90%).

Low Risk Liabilities: 58% of ISCTR's liabilities are made up of primarily low risk sources of funding.

Loan Level: ISCTR has an appropriate level of Loans to Assets ratio (57%).

Low Risk Deposits: ISCTR's Loans to Deposits ratio (110%) is appropriate.

Level of Bad Loans: ISCTR has a high level of bad loans (5.8%).


Next Steps

Dividend

What is Türkiye Is Bankasi current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ISCTR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ISCTR'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 ISCTR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ISCTR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ISCTR is not paying a notable dividend for the TR market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ISCTR'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?

0.8yrs

Average board tenure


CEO

Adnan Bali (58yo)

9.25yrs

Tenure

Mr. Adnan Bali has been the Chief Executive Officer of Türkiye Is Bankasi Anonim Sirketi since April 1, 2011 and serves as its Member of the Executive Board and Director. Mr. Bali serves as Manager of Isba ...


Board Members

NamePositionTenureCompensationOwnership
Adnan Bali
CEO, Member of Executive Board & Director9.25yrsno datano data
Yusuf Toprak
Vice Chairperson0.25yrno datano data
Füsun Tümsavas
Independent Chairman of the Board1.25yrsno datano data
Feray Demir
Director4.33yrsno datano data
Ersin Önder Çiftçioglu
Director3.33yrsno datano data
Fazli Bulut
Director1.33yrsno datano data
Durmus Oztek
Director0.33yrno datano data
Recep Ozyildiz
Director0.33yrno datano data
Mustafa Selcuk
Director0.33yrno datano data
Ahmet Sungur
Independent Director0.33yrno datano data

0.8yrs

Average Tenure

63.5yo

Average Age

Experienced Board: ISCTR's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


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

Türkiye Is Bankasi A.S.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Türkiye Is Bankasi A.S.
  • Ticker: ISCTR
  • Exchange: IBSE
  • Founded: 1924
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₺26.324b
  • Shares outstanding: 4.50b
  • Website: https://www.isbank.com.tr

Number of Employees


Location

  • Türkiye Is Bankasi A.S.
  • Is Kuleleri
  • Levent
  • Istanbul
  • 34330
  • Turkey

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TYIB.FOTCPK (Pink Sheets LLC)YesGroup C Registered SharesUSUSDJul 1990
ISCTRIBSE (Borsa Istanbul (BIST))YesGroup C Registered SharesTRTRYJul 1990
ISBTRIBSE (Borsa Istanbul (BIST))Group B Registered SharesTRTRYAug 1991
ISATRIBSE (Borsa Istanbul (BIST))Group A Registered SharesTRTRYAug 1991
TIBDLSE (London Stock Exchange)GDR C RG S NEWGBUSDMay 1998
ISKURIBSE (Borsa Istanbul (BIST))FOUNDER SHARES NPVTRTRYSep 2004

Biography

Türkiye Is Bankasi A.S. provides various banking products and services. The company offers corporate and commercial banking services, including project financing, operating and investment loans, deposit and cash management, credit cards, cheques and bills, foreign trade transactions and financing, letter of guarantees and credits, forfeiting, foreign currency trading, bill collections, payrolls, investment accounts, tax collections, and other banking services to large corporations, SMEs, and other trading companies. It also provides retail banking services, such as deposits, consumer loans, overdraft accounts, credit cards, bill collections, remittances, foreign currency trading, safe-deposit boxes, insurance, tax collections, investment accounts, and other banking services; private banking services comprising various financial and cash management related services; and Internet and mobile banking services. In addition, the company engages in securities trading, money market transactions, spot and installment based TL, and foreign currency trading; derivative transactions, such as forwards, swaps, futures, and options; and syndications and securitizations, as well as investment banking activities. Further, it is involved in insurance and reinsurance, private pensions, finance leasing, factoring, real estate investment, venture capital investment, brokerage, investment advisory, and portfolio and asset management businesses. As of December 31, 2019, the company operated through a network of 1,249 branches in Turkey; 15 branches in Turkish Republic of Northern Cyprus; 2 branches in the United Kingdom; 2 branches in Kosovo; 2 branches in Iraq; and 1 branch in Bahrain, as well as 6,506 ATMs. Türkiye Is Bankasi A.S. was founded in 1924 and is headquartered in Istanbul, Turkey. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/07 16:33
End of Day Share Price2020/07/07 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.