VakifBank made a net profit of TRY 3,910 mil in 2017, up 41.8% compared to the previous year. This implies a return on equity of 17.5%.
Historically, the bank’s net profit reached an all time high of TRY 3,910 mil in 2017 and an all time low of TRY -749 mil in 2001. The average profit in the last five years amounted to TRY 2,433 mil.
The bank generated its shareholders an average return on equity of 14.0% in the last five years with maximum at 17.5% and minimum at 12.2%
Comparing VakifBank 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 Yapi Kredi Bank announced a net profit of TRY 3,614 mil implying ROE of 12.9%.
VakifBank has been ranked 49th 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 VakifBank Profile, or you can download a report on the bank in the report section.
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