VakifBank - Profitability

Net Profit (TRY mil) & ROE (%)
Banking | Turkey | February 22, 2018
$2.99
Excel Sheet

VakifBank made a net profit of TRY 1,949 mil in 2015, up 7.91% when compared to the last year. This implies a return on equity of 12.2%.

Historically, the bank’s net profit reached an all time high of TRY 1,949 mil in 2015 and an all time low of TRY -749 mil in 2001. The average profit in the last five years amounted to TRY 1,737 mil.

The bank generated its shareholders an average return on equity of 13.5% in the last five years with maximum at 16.2% and minimum at 12.2%

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 Yapi Kredi Bank announced a net profit of TRY 2,690 mil implying ROE of 12.0%.

VakifBank has been ranked 21th within the group of 122 banks we follow in terms of return on equity in 2015.

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