Garanti Bank made a net profit of TRY 3,581 mil in 2015, down 1.82% when compared to the last year. This implies a return on equity of 12.4%.
Historically, the bank’s net profit reached an all time high of TRY 3,647 mil in 2014 and an all time low of TRY -803 mil in 2001. The average profit in the last five years amounted to TRY 3,276 mil.
The bank generated its shareholders an average return on equity of 14.9% in the last five years with maximum at 18.0% and minimum at 12.4%
When compared to bank's main peers, Isbank generated a net profit of TRY 3,331 mil with ROE of 9.56% in 2015, Yapi Kredi Bank netted TRY 2,690 mil (ROE of 12.0%) and VakifBank announced a net profit of TRY 1,949 mil implying ROE of 12.2%.
Garanti Bank has been ranked 19th within the group of 122 banks we follow in terms of return on equity in 2015.