QNB Finansbank
Market Cap
₺225.0b
Last Updated
2021/01/20 17:26 UTC
Data Sources
Company Financials
Executive Summary
QNB Finansbank A.S. provides various banking products and services in Turkey. More Details
Snowflake Analysis
Excellent balance sheet with poor track record.
Similar Companies
Share Price & News
How has QNB Finansbank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: QNBFB is not significantly more volatile than the rest of TR stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: QNBFB's weekly volatility has decreased from 12% to 6% over the past year.
Market Performance
7 Day Return
-0.7%
QNBFB
-1.7%
TR Banks
1.7%
TR Market
1 Year Return
-11.4%
QNBFB
-20.2%
TR Banks
27.2%
TR Market
Return vs Industry: QNBFB exceeded the TR Banks industry which returned -20.2% over the past year.
Return vs Market: QNBFB underperformed the TR Market which returned 27.2% over the past year.
Shareholder returns
| QNBFB | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.7% | -1.7% | 1.7% |
| 30 Day | -2.4% | -0.9% | 8.9% |
| 90 Day | -4.1% | 5.5% | 17.1% |
| 1 Year | -11.4%-11.4% | -20.1%-20.2% | 36.5%27.2% |
| 3 Year | 828.2%821.9% | 74.9%55.9% | 111.3%80.7% |
| 5 Year | 1,513.3%1,502.4% | 168.7%128.0% | 264.5%186.8% |
Long-Term Price Volatility Vs. Market
How volatile is QNB Finansbank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is QNB Finansbank undervalued compared to its fair value and its price relative to the market?
81.21x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: QNBFB (TRY67.3) is trading above our estimate of fair value (TRY3.6)
Significantly Below Fair Value: QNBFB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: QNBFB is poor value based on its PE Ratio (81.2x) compared to the TR Banks industry average (6.4x).
PE vs Market: QNBFB is poor value based on its PE Ratio (81.2x) compared to the TR market (24.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate QNBFB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: QNBFB is overvalued based on its PB Ratio (12.6x) compared to the TR Banks industry average (0.7x).
Next Steps
Future Growth
How is QNB Finansbank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
18.5%
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 QNB Finansbank 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
- Examine QNB Finansbank's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Banks industry.
Past Performance
How has QNB Finansbank performed over the past 5 years?
27.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QNBFB has a high level of non-cash earnings.
Growing Profit Margin: QNBFB's current net profit margins (35.2%) are lower than last year (38.6%).
Past Earnings Growth Analysis
Earnings Trend: QNBFB's earnings have grown significantly by 27.2% per year over the past 5 years.
Accelerating Growth: QNBFB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: QNBFB had negative earnings growth (-1.3%) over the past year, making it difficult to compare to the Banks industry average (20.3%).
Return on Equity
High ROE: QNBFB's Return on Equity (15.6%) is considered low.
Next Steps
Financial Health
How is QNB Finansbank'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: QNBFB's Assets to Equity ratio (13.3x) is moderate.
Allowance for Bad Loans: QNBFB has a sufficient allowance for bad loans (101%).
Low Risk Liabilities: 61% of QNBFB's liabilities are made up of primarily low risk sources of funding.
Loan Level: QNBFB has an appropriate level of Loans to Assets ratio (61%).
Low Risk Deposits: QNBFB's Loans to Deposits ratio (107%) is appropriate.
Level of Bad Loans: QNBFB has a high level of bad loans (6.7%).
Next Steps
Dividend
What is QNB Finansbank current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate QNBFB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate QNBFB'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 QNBFB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if QNBFB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: QNBFB is not paying a notable dividend for the TR market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of QNBFB'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?
9.5yrs
Average management tenure
CEO
Temel Güzeloglu (51 yo)
10.75yrs
Tenure
Mr. Temel Güzeloglu has been Chief Executive Officer at QNB Finansbank AS of Qatar National Bank (Q.P.S.C.). He has been Chief Executive Officer at QNB Finansbank AS since April 2010 and was its Managing D...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 10.75yrs | no data | no data | |
| Vice Chairman of the Board | 10.75yrs | no data | no data | |
| Executive VP of Financial Control & Planning and Group CFO | 12.67yrs | no data | no data | |
| Investor Relations Manager | no data | no data | no data | |
| Head of Internal Control & Compliance Division | 8.33yrs | no data | no data | |
| Chief Legal Officer & Executive VP | 2.67yrs | no data | no data | |
| Executive Vice President of Human Resources | 2yrs | no data | no data | |
| Executive Vice President of Retail Banking | 9.67yrs | no data | no data | |
| Chief Audit Executive | 9.92yrs | no data | no data | |
| Executive Vice President of IT | 10.25yrs | no data | no data | |
| Executive Vice President of Corporate & Commercial Banking | 9.25yrs | no data | no data | |
| Head of Risk Management | 9.33yrs | no data | no data |
9.5yrs
Average Tenure
49yo
Average Age
Experienced Management: QNBFB's management team is seasoned and experienced (9.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 10.75yrs | no data | no data | |
| Vice Chairman of the Board | 10.75yrs | no data | no data | |
| Independent Director | 4.58yrs | no data | no data | |
| Chairman of the Board | 10.75yrs | no data | no data | |
| Independent Director | 7.75yrs | no data | no data | |
| Independent Director | 4.58yrs | no data | no data | |
| Independent Director | 3.58yrs | no data | no data | |
| Independent Director | 4.42yrs | no data | no data | |
| Independent Director | 4.58yrs | no data | no data | |
| Director | 1.67yrs | no data | no data | |
| Director | 1.67yrs | no data | no data |
4.6yrs
Average Tenure
54yo
Average Age
Experienced Board: QNBFB's board of directors are considered experienced (4.6 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
QNB Finansbank A.S.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: QNB Finansbank A.S.
- Ticker: QNBFB
- Exchange: IBSE
- Founded: 1987
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ₺224.953b
- Shares outstanding: 3.35b
- Website: https://www.qnbfinansbank.com
Number of Employees
Location
- QNB Finansbank A.S.
- Esentepe Mahallesi
- Büyükdere Caddesi Kristal Kule Binasi No:215
- Istanbul
- Turkey
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| QNBFB | IBSE (Borsa Istanbul (BIST)) | Yes | Ordinary Shares | TR | TRY | Nov 1991 |
Biography
QNB Finansbank A.S. provides various banking products and services in Turkey. It offers deposit products, including savings, daily yield, gold, and payroll accounts; time and demand deposits; consumer, aut...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/20 17:26 |
| End of Day Share Price | 2021/01/20 00:00 |
| Earnings | 2020/09/30 |
| 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.