Akbank - Profitability

Net Profit (TRY mil) & ROE (%)
Banking | Turkey | June 21, 2018
$2.99
Excel Sheet

Akbank made a net profit of TRY 6,020 mil in 2017, up 24.0% compared to the previous year. This implies a return on equity of 16.5%.

Historically, the bank’s net profit reached an all time high of TRY 6,020 mil in 2017 and an all time low of TRY -309 mil in 2001. The average profit in the last five years amounted to TRY 4,181 mil.

The bank generated its shareholders an average return on equity of 14.6% in the last five years with maximum at 16.5% and minimum at 12.2%

Comparing Akbank with its closest peers, Isbank generated a net profit of TRY 5,749 mil with ROE of 10.8% in 2017, Garanti Bank netted TRY 6,388 mil (ROE of 16.5%) and VakifBank announced a net profit of TRY 3,910 mil implying ROE of 17.5%.

Akbank has been ranked 53th within the group of 310 banks we follow in terms of return on equity in 2017.

You can see all the bank’s data at Akbank Profile, or you can download a report on the bank in the report section.

Net Profit Unit 2010 2011 2012 2013 2014 2015 2016 2017
Akbank TRY mil 2,587 3,084 3,229 3,446 3,357
Alternatifbank TRY mil 25.1 69.0 68.3 125 53.5
Anadolubank TRY mil 75.8 168 82.5 137 129
Burgan Bank TRY mil 33.2 -1.26 -36.7 6.56 46.9
Citibank Turkey TRY mil 4.90 90.4 81.3 143 154
DenizBank TRY mil 1,062 717 1,011 937 858
Fibabanka TRY mil 4.61 46.3 39.2 71.5 73.3
Garanti Bank TRY mil 3,071 3,077 3,006 3,647 3,581
Halkbank TRY mil 2,059 2,819 2,855 2,270 2,318
HSBC Bank Turkey TRY mil 214 183 26.7 -53.9 -298
ICBC Turkey Bank TRY mil 19.6 27.2 39.2 12.1 -15.3
ING Bank Turkey TRY mil 70.3 255 157 170 103
Intesa Sanpaolo Turkey TRY mil ... ... ... ... 37.8 45.4
Isbank TRY mil 2,667 3,632 3,566 3,524 3,331
Odea Bank TRY mil ... ... -19.8 -123 0.335 45.2
QNB Finansbank TRY mil 754 914 657 846 635
Sekerbank TRY mil 202 231 106 269 57.1
Turk Ekonomi Bankasi TRY mil 284 581 640 708 839
Turkland Bank TRY mil 3.17 12.9 12.9 30.8 13.0
VakifBank TRY mil 1,595 1,594 1,744 1,806 1,949
Yapi Kredi Bank TRY mil 2,394 3,361 3,919 2,399 2,690
Ziraat Bank TRY mil 2,101 2,650 3,330 4,110 5,378
AVERAGE TRY mil 1,045 961 1,119 1,162 1,120 1,152 1,605 2,033