Turkiye Garanti Bankasi Past Earnings Performance
Past criteria checks 4/6
Turkiye Garanti Bankasi has been growing earnings at an average annual rate of 60.1%, while the Banks industry saw earnings growing at 10.4% annually. Revenues have been growing at an average rate of 49.6% per year. Turkiye Garanti Bankasi's return on equity is 35.4%, and it has net margins of 53.9%.
Key information
60.1%
Earnings growth rate
60.1%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 49.6% |
| Return on equity | 35.4% |
| Net Margin | 53.9% |
| Next Earnings Update | 29 Apr 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Turkiye Garanti Bankasi 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 Dec 23 | 160,159 | 86,375 | 22,512 | 0 |
| 30 Sep 23 | 146,984 | 76,933 | 18,679 | 0 |
| 30 Jun 23 | 131,797 | 70,785 | 15,764 | 0 |
| 31 Mar 23 | 119,405 | 65,436 | 13,226 | 0 |
| 31 Dec 22 | 106,963 | 58,285 | 10,874 | 0 |
| 30 Sep 22 | 86,177 | 42,610 | 9,996 | 0 |
| 30 Jun 22 | 64,828 | 28,890 | 8,446 | 0 |
| 31 Mar 22 | 50,431 | 19,017 | 7,405 | 0 |
| 31 Dec 21 | 40,586 | 13,467 | 6,535 | 0 |
| 30 Sep 21 | 29,386 | 10,899 | 6,917 | 0 |
| 30 Jun 21 | 27,002 | 9,022 | 6,603 | 0 |
| 31 Mar 21 | 25,208 | 7,659 | 6,424 | 0 |
| 31 Dec 20 | 23,459 | 6,656 | 6,136 | 0 |
| 30 Sep 20 | 23,666 | 6,410 | 4,683 | 0 |
| 30 Jun 20 | 20,369 | 5,832 | 4,633 | 0 |
| 31 Mar 20 | 19,114 | 6,091 | 4,500 | 0 |
| 31 Dec 19 | 18,148 | 6,165 | 4,549 | 0 |
| 30 Sep 19 | 18,948 | 5,983 | 4,141 | 0 |
| 30 Jun 19 | 19,644 | 6,369 | 4,487 | 0 |
| 31 Mar 19 | 19,422 | 6,372 | 4,457 | 0 |
| 31 Dec 18 | 19,094 | 6,642 | 4,405 | 0 |
| 30 Sep 18 | 17,467 | 6,907 | 1,030 | 0 |
| 30 Jun 18 | 17,399 | 7,160 | 2,410 | 0 |
| 31 Mar 18 | 16,534 | 6,803 | 729 | 0 |
| 31 Dec 17 | 15,961 | 6,332 | 672 | 0 |
| 30 Sep 17 | 16,306 | 6,220 | 4,308 | 0 |
| 30 Jun 17 | 14,687 | 5,596 | 1,539 | 0 |
| 31 Mar 17 | 14,496 | 5,595 | 3,084 | 0 |
| 31 Dec 16 | 13,518 | 5,105 | 3,866 | 0 |
| 30 Sep 16 | 12,853 | 4,856 | 3,759 | 0 |
| 30 Jun 16 | 12,102 | 4,162 | 4,645 | 0 |
| 31 Mar 16 | 11,471 | 3,751 | 3,674 | 0 |
| 31 Dec 15 | 11,236 | 3,581 | 3,423 | 0 |
| 30 Sep 15 | 10,835 | 3,443 | 3,268 | 0 |
| 30 Jun 15 | 10,900 | 3,795 | 2,383 | 0 |
| 31 Mar 15 | 10,504 | 3,635 | 4,595 | 0 |
| 31 Dec 14 | 10,154 | 3,647 | 2,982 | 0 |
| 30 Sep 14 | 9,433 | 3,162 | 2,818 | 0 |
| 30 Jun 14 | 8,908 | 2,904 | 3,518 | 0 |
| 31 Mar 14 | 8,815 | 3,014 | 1,975 | 0 |
| 31 Dec 13 | 9,162 | 3,314 | 2,631 | 0 |
| 30 Sep 13 | 9,470 | 3,716 | 4,417 | 0 |
| 30 Jun 13 | 9,438 | 3,829 | 2,591 | 0 |
Quality Earnings: TKGB.F has high quality earnings.
Growing Profit Margin: TKGB.F's current net profit margins (53.9%) are lower than last year (54.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TKGB.F's earnings have grown significantly by 60.1% per year over the past 5 years.
Accelerating Growth: TKGB.F's earnings growth over the past year (48.2%) is below its 5-year average (60.1% per year).
Earnings vs Industry: TKGB.F earnings growth over the past year (48.2%) exceeded the Banks industry -9%.
Return on Equity
High ROE: TKGB.F's Return on Equity (35.4%) is considered high.