Turk Ekonomi Bankasi made a net profit of TRY 839 mil in 2015, up 18.4% when compared to the last year. This implies a return on equity of 12.0%.
Historically, the bank’s net profit reached an all time high of TRY 839 mil in 2015 and an all time low of TRY 111 mil in 2005. The average profit in the last five years amounted to TRY 611 mil.
The bank generated its shareholders an average return on equity of 11.2% in the last five years with maximum at 12.0% and minimum at 8.75%
When compared to bank's main peers, Isbank generated a net profit of TRY 3,331 mil with ROE of 9.56% in 2015, Garanti Bank netted TRY 3,581 mil (ROE of 12.4%) and VakifBank announced a net profit of TRY 1,949 mil implying ROE of 12.2%.
Turk Ekonomi Bankasi has been ranked 26th within the group of 122 banks we follow in terms of return on equity in 2015.