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Turkiye Vakiflar Bankasi TAO ADR

Financial Services US TKYVY

6.3USD
-(-%)

Last update at 2024-12-24T14:30:00Z

Day Range

6.306.30
LowHigh

52 Week Range

4.006.00
LowHigh

Fundamentals

  • Previous Close 6.30
  • Market Cap5818.20M
  • Volume0
  • P/E Ratio3.57
  • Dividend Yield1.00%
  • Revenue TTM95360.15M
  • Revenue Per Share TTM109.04
  • Gross Profit TTM 75212.89M
  • Diluted EPS TTM1.12

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 40110.21M 6622.85M 7984.62M 4500.03M 5689.77M
Minority interest -655.16600M -169.84000M 746.93M 871.13M 741.67M
Net income 25811.45M 5165.86M 6337.45M 3369.36M 4544.28M
Selling general administrative 559.00M 291.46M 175.36M 197.05M 182.18M
Selling and marketing expenses - - - - -
Gross profit - - - 12707.98M 13815.46M
Reconciled depreciation 647.74M 528.87M 510.56M 493.20M 209.56M
Ebit - - - - 0.00000M
Ebitda - - - - -
Depreciation and amortization - - - - -
Non operating income net other - - - - 0.00000M
Operating income - - - 4438.16M 5659.84M
Other operating expenses 27258.86M 5780.49M 4839.74M 4838.90M 5211.40M
Interest expense 85637.03M 52991.62M 27607.46M 29275.58M 23529.74M
Tax provision 13643.60M 1287.15M 1577.24M 991.20M 1085.30M
Interest income 161386.16M 73317.05M 48002.02M 43070.83M 34957.24M
Net interest income 75749.13M 20325.42M 20394.56M 13795.25M 11427.51M
Extraordinary items - - - - 0.00000M
Non recurring - - - - 0.00000M
Other items - - - - 0.00000M
Income tax expense 13643.60M 1287.15M 1577.24M 991.20M 1085.30M
Total revenue 93565.06M 21133.58M 23003.61M 17387.44M 16106.92M
Total operating expenses - - - 8346.89M 7689.09M
Cost of revenue - - - 77.08M 63.46M
Total other income expense net - - - 61.87M 29.94M
Discontinued operations - - - - 0.00000M
Net income from continuing ops 26466.62M 5335.70M 6407.38M 3508.83M 4604.48M
Net income applicable to common shares 25811.45M 5165.86M 6337.45M 3369.36M 4544.28M
Preferred stock and other adjustments - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 1707031.86M 1028901.10M 712090.52M 433041.13M 344638.46M
Intangible assets 455.25M 284.77M 259.49M 223.43M 271.88M
Earning assets - - - - -
Other current assets 161800.45M 58385.99M 48086.45M 22093.00M 25248.37M
Total liab 1600506.33M 974701.07M 664938.43M 399488.84M 315532.71M
Total stockholder equity 104718.79M 52984.96M 46405.15M 32681.16M 28364.08M
Deferred long term liab - - - - 119.25M
Other current liab 5410.40M 1100.37M 954.80M 6514.19M 858.71M
Common stock 7111.36M 3905.62M 3905.62M 2500.00M 2500.00M
Capital stock 7111.36M 3905.62M 3905.62M 2500.00M 2500.00M
Retained earnings 63731.40M 38365.46M 33250.51M 26811.89M 23342.58M
Other liab 83684.19M 32674.46M 20784.51M 15612.33M 19293.89M
Good will 14.63M 14.63M 14.63M 14.63M 14.63M
Other assets 1002484.96M 614017.27M 487622.93M 298230.56M 233831.38M
Cash 309819.29M 172701.36M 96503.14M 42728.26M 39202.40M
Cash and equivalents - - - - -
Total current liabilities 1341081.75M 616644.95M 438196.22M 335453.18M 196349.23M
Current deferred revenue - - - - -
Net debt - 17244.38M 20799.17M 49840.77M 41593.37M
Short term debt - - - 44183.38M 0.00000M
Short long term debt - - - 44183.38M 48240.82M
Short long term debt total - - - - -
Other stockholder equity 17406.53M 4410.51M 2945.67M 2645.30M 1797.22M
Property plant equipment 11683.25M 4141.05M 4896.41M 3040.97M 2844.51M
Total current assets 434753.32M 286338.25M 139703.55M 83040.71M 58337.21M
Long term investments 402039.66M 253479.75M 160758.27M 89107.83M 63507.45M
Net tangible assets 104248.91M 52685.56M 46131.03M 32443.10M 28077.57M
Short term investments - - - 4443.50M 2496.29M
Net receivables - - - - 2080.61M
Long term debt - - - 62537.92M 99889.58M
Inventory - - - - 0.00000M
Accounts payable 1132097.74M 595809.98M 417521.88M 254130.75M 182475.71M
Total permanent equity - - - - 0.00000M
Noncontrolling interest in consolidated entity - - - - 0.00000M
Temporary equity redeemable noncontrolling interests - - - - 0.00000M
Accumulated other comprehensive income - - - - 0.00000M
Additional paid in capital - - - - 0.00000M
Common stock total equity - - - - 0.00000M
Preferred stock total equity - - - - 0.00000M
Retained earnings total equity - - - - 0.00000M
Treasury stock - - - - 0.00000M
Accumulated amortization - - - - 0.00000M
Non currrent assets other - - - - 0.00000M
Deferred long term asset charges - - - - 0.00000M
Non current assets total - - - - 0.00000M
Capital lease obligations - - - - 0.00000M
Long term debt total - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -39649.41800M -13701.85600M -61529.37600M -16160.48300M -5810.93600M
Change to liabilities 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities -44847.51100M -14777.23000M -63480.37400M -16208.30300M -16429.34500M
Net borrowings 79.22M 24733.80M 15936.45M 11836.29M 9928.42M
Total cash from financing activities 433066.26M 80355.43M 185025.98M 84069.40M 33052.54M
Change to operating activities -405100.87200M -25455.23300M -97087.17300M -60437.95900M -22186.83500M
Net income 25811.45M 5165.86M 6337.45M 3369.36M 4544.28M
Change in cash 30691.83M 43391.27M 24503.59M 9712.96M 1268.80M
Begin period cash flow 98987.32M 55596.05M 31092.46M 21379.50M 20110.71M
End period cash flow 129679.15M 98987.32M 55596.05M 31092.46M 20562.14M
Total cash from operating activities -357893.07600M -28122.63800M -97067.62600M -58693.77400M -15611.22400M
Issuance of capital stock 0.00000M 0.00000M 7000.00M 0.00000M 0.00000M
Depreciation 629.99M 528.87M 510.56M 493.20M 209.56M
Other cashflows from investing activities - -50.84200M -50.84200M -50.84200M -9386.20000M
Dividends paid - 0.60M 0.60M 0.60M 125.00M
Change to inventory - - - - 0.00000M
Change to account receivables - - - - 0.00000M
Sale purchase of stock - - - - 0.00000M
Other cashflows from financing activities 432987.04M 55621.63M 162089.53M 72233.11M 23249.12M
Change to netincome 21512.86M 644.85M -1730.25000M 365.08M 1905.65M
Capital expenditures 7246.14M 2987.53M 2869.99M 446.49M 3051.06M
Change receivables - - - - 0.00000M
Cash flows other operating - - - - 0.00000M
Exchange rate changes - - - - 0.00000M
Cash and cash equivalents changes - - - - 0.00000M
Change in working capital - - - - -
Stock based compensation - - - - -
Other non cash items - - - - -
Free cash flow 75093.97M 27499.59M 65021.90M 13092.85M 3769.48M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
TKYVY
Turkiye Vakiflar Bankasi TAO ADR
- -% 6.30 3.57 3.34 0.06 0.79
HDB
HDFC Bank Limited ADR
-0.38 0.58% 64.81 20.81 20.96 0.11 4.77
CIHKY
China Merchants Bank Co Ltd
0.55 2.18% 25.76 6.61 5.68 0.48 0.77 3.43
CIHHF
China Merchants Bank Co Ltd Class H
- -% 4.88 6.10 5.67 0.44 0.77 3.43
IBN
ICICI Bank Limited
-0.025 0.08% 30.50 17.79 16.95 0.07 3.08

Reports Covered

Stock Research & News

Profile

Türkiye Vakiflar Bankasi Türk Anonim Ortakligi, together with its subsidiaries, provides corporate, commercial, small business, retail, and investment banking services in Turkey and internationally. It offers time and demand deposits, accumulating accounts, repos, spot loans, foreign currency indexed loans, consumer loans, automobile and housing loans, working capital loans, discounted bills, overdraft facilities, gold loans, foreign currency loans, Eximbank loans, pre-export loans, ECA covered financing, letters of guarantee, letters of credit, export factoring, acceptance credits, and draft facilities. The company also provides forfeiting, leasing, forwards, futures, salary payments, investment accounts, cheques, safety boxes, tax collections, bill payment, and payment order services, as well as insurance products. In addition, it offers foreign trade transactions, cash management, factoring, credit cards, investment products, leasing, and other banking products to its corporate, commercial, and retail customers. Further, the company provides small business banking services, including overdraft accounts, POS machines, credit cards, cheque books, TL and foreign currency deposits, Internet banking and call-center, debit card, and bill payment to enterprises in retail and service sectors. Additionally, it offers capital market transactions; issues capital market tools; purchases and sells marketable securities; and provides investment consultancy and portfolio management services, as well as invests in marketable debt and equity securities, and gold and other precious metals. The company was founded in 1954 and is based in Istanbul, Turkey. Türkiye Vakiflar Bankasi Türk Anonim Ortakligi is a subsidiary of Ministry of Treasury and Finance.

Turkiye Vakiflar Bankasi TAO ADR

Saray Mahallesi, Istanbul, Turkey, 34768

Key Executives

Name Title Year Born
Mr. Abdi Serdar Ustunsalih CEO, GM & Exec. Director 1963
Mr. Korhan Turgut Head of Accounting & Financial Affairs 1983
Mr. Ali Tahan Sr. VP and Head of International Banking & Investor Relations NA
Mr. Ramazan Siryol Head of Compliance and Regulation Department NA
Mr. Mikail Hidir Chief Legal Counsel and Exec. VP of Legal & Liquidation 1979
Mr. Ferkan Merdan Exec. VP of Digital Banking, Customer Experience & Corp. Communication 1973
Mr. Muhammet Lutfu Celebi Exec. VP of HR and Corp. Devel. NA
Dr. Metin Recep Zafer Exec. VP of IT Technologies and Operations 1970
Mr. Alaattin Simsek Exec. VP of Corp., Commercial, SME & Retail Banking Marketing 1972
Mr. Suayyip Ilbilgi Exec. VP of Financial Management, Strategy and Subsidiaries 1972

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