By Helgi Analytics - June 30, 2018
Burgan Bank made a net profit of TRY 106 mil under revenues of TRY 490 mil in 2017, up 62.4% and 26.8% respectively compared to the p...
By Helgi Analytics - December 12, 2019
Burgan Bank's customer loans reached TRY 13,300 mil in 2017, up 24.5% compared to the previous year. Turkish banking sector pro...
By Helgi Analytics - December 12, 2019
Burgan Bank's customer deposits reached TRY 8,953 mil in 2017, up 7.74% compared to the previous year. Turkish banking sector a...
Profit Statement | 2015 | 2016 | 2017 | |
Net Interest Income | TRY mil | 287 | 336 | 429 |
Net Fee Income | TRY mil | 17.1 | 21.2 | 30.0 |
Other Income | TRY mil | 37.4 | 29.5 | 31.4 |
Total Revenues | TRY mil | 342 | 387 | 490 |
Staff Cost | TRY mil | 116 | 126 | 142 |
Operating Profit | TRY mil | 127 | 142 | 199 |
Provisions | TRY mil | 77.9 | 63.5 | 79.9 |
Net Profit | TRY mil | 46.9 | 65.5 | 106 |
Balance Sheet | 2015 | 2016 | 2017 | |
Interbank Loans | TRY mil | 194 | 240 | 158 |
Customer Loans | TRY mil | 8,186 | 10,685 | 13,300 |
Total Assets | TRY mil | 10,675 | 13,722 | 16,855 |
Shareholders' Equity | TRY mil | 1,013 | 1,093 | 1,517 |
Interbank Borrowing | TRY mil | 1,722 | 2,209 | 4,230 |
Customer Deposits | TRY mil | 6,696 | 8,310 | 8,953 |
Issued Debt Securities | TRY mil | 2,949 | 4,063 | 5,775 |
Ratios | 2015 | 2016 | 2017 | |
ROE | % | 4.81 | 6.22 | 8.15 |
ROA | % | 0.485 | 0.537 | 0.696 |
Costs (As % Of Assets) | % | 2.22 | 2.00 | 1.91 |
Costs (As % Of Income) | % | 62.9 | 63.2 | 59.5 |
Capital Adequacy Ratio | % | 16.0 | 17.7 | 19.6 |
Net Interest Margin | % | 2.97 | 2.76 | 2.81 |
Loans (As % Of Deposits) | % | 122 | 129 | 149 |
NPLs (As % Of Loans) | % | 2.53 | 2.14 | 2.57 |
Provisions (As % Of NPLs) | % | 56.6 | 51.6 | 52.7 |
Growth Rates | 2015 | 2016 | 2017 | |
Total Revenue Growth | % | 25.4 | 13.2 | 26.8 |
Operating Cost Growth | % | 8.76 | 13.6 | 19.4 |
Operating Profit Growth | % | 69.3 | 12.4 | 39.4 |
Net Profit Growth | % | 614 | 39.7 | 62.4 |
Customer Loan Growth | % | 26.9 | 30.5 | 24.5 |
Total Asset Growth | % | 23.1 | 28.5 | 22.8 |
Customer Deposit Growth | % | 24.8 | 24.1 | 7.74 |
Shareholders' Equity Growth | % | 8.01 | 7.91 | 38.8 |
Employees | 1,022 | 994 | 978 |
Get all company financials in excel:
summary | Unit | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
income statement | |||||||||||||||||||||||||||
Net Interest Income | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 96.9 | 180 | 149 | 214 | 287 | |||||||||||
Total Revenues | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 186 | 254 | 209 | 273 | 342 | |||||||||||
Operating Profit | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 56.0 | 93.5 | 45.5 | 74.8 | 127 | |||||||||||
Net Profit | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 33.2 | -1.26 | -36.7 | 6.56 | 46.9 | |||||||||||
balance sheet | |||||||||||||||||||||||||||
Interbank Loans | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 439 | 214 | 63.0 | 127 | 194 | |||||||||||
Customer Loans | TRY mil | 2,328 | 2,905 | 4,578 | 6,448 | 8,186 | |||||||||||||||||||||
Debt Securities | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,430 | 588 | 1,110 | 873 | 773 | |||||||||||
Total Assets | TRY mil | 4,923 | 4,442 | 6,812 | 8,674 | 10,675 | |||||||||||||||||||||
Shareholders' Equity | TRY mil | 629 | 642 | 587 | 937 | 1,013 | |||||||||||||||||||||
Interbank Borrowing | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 960 | 203 | 1,360 | 1,325 | 1,722 | |||||||||||
Customer Deposits | TRY mil | 2,273 | 3,265 | 3,429 | 5,365 | 6,696 | |||||||||||||||||||||
Issued Debt Securities | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2,648 | 380 | 3,171 | 2,312 | 2,949 | |||||||||||
ratios | |||||||||||||||||||||||||||
ROE | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 6.18 | -0.198 | -5.97 | 0.862 | 4.81 | |||||||||||
ROA | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.733 | -0.027 | -0.652 | 0.085 | 0.485 | |||||||||||
Costs (As % Of Assets) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.88 | 3.43 | 2.90 | 2.55 | 2.22 | |||||||||||
Costs (As % Of Income) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 70.0 | 63.2 | 78.2 | 72.5 | 62.9 | |||||||||||
Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 16.9 | 16.5 | 15.0 | 17.7 | 16.0 | |||||||||||
Net Interest Margin | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.13 | 3.84 | 2.65 | 2.77 | 2.97 | |||||||||||
Interest Income (As % Of Revenues) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 51.9 | 70.8 | 71.5 | 78.6 | 84.0 | |||||||||||
Fee Income (As % Of Revenues) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 14.4 | 9.32 | 6.07 | 6.84 | 5.01 | |||||||||||
Staff Cost (As % Of Total Cost) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 50.4 | 51.9 | 51.7 | 53.0 | 54.0 | |||||||||||
Equity (As % Of Assets) | % | 12.8 | 14.4 | 8.61 | 10.8 | 9.48 | |||||||||||||||||||||
Loans (As % Of Deposits) | % | 102 | 89.0 | 134 | 120 | 122 | |||||||||||||||||||||
Loans (As % Assets) | % | 47.3 | 65.4 | 67.2 | 74.3 | 76.7 | |||||||||||||||||||||
NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.51 | 5.54 | 2.35 | 2.00 | 2.53 | |||||||||||
Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 66.5 | 62.8 | 51.5 | 48.5 | 56.6 |
income statement | Unit | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
income statement | |||||||||||||||||||||||||||
Interest Income | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 375 | 500 | 369 | 602 | 760 | |||||||||||
Interest Cost | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 278 | 320 | 220 | 388 | 473 | |||||||||||
Net Interest Income | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 96.9 | 180 | 149 | 214 | 287 | |||||||||||
Net Fee Income | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 26.8 | 23.7 | 12.7 | 18.7 | 17.1 | |||||||||||
Other Income | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 62.8 | 50.6 | 46.9 | 39.7 | 37.4 | |||||||||||
Total Revenues | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 186 | 254 | 209 | 273 | 342 | |||||||||||
Staff Cost | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 65.8 | 83.3 | 84.4 | 105 | 116 | |||||||||||
Operating Cost | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 130 | 160 | 163 | 198 | 215 | |||||||||||
Operating Profit | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 56.0 | 93.5 | 45.5 | 74.8 | 127 | |||||||||||
Provisions | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 17.9 | 86.8 | 90.1 | 64.6 | 77.9 | |||||||||||
Extra and Other Cost | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0 | < -0.001 | < 0.001 | < -0.001 | -9.70 | |||||||||||
Pre-Tax Profit | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 38.1 | 6.65 | -44.6 | 10.3 | 58.5 | |||||||||||
Tax | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.85 | 7.90 | -7.94 | 3.70 | 11.6 | |||||||||||
Net Profit | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 33.2 | -1.26 | -36.7 | 6.56 | 46.9 | |||||||||||
growth rates | |||||||||||||||||||||||||||
Net Interest Income Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -0.710 | 85.5 | -17.0 | 43.6 | 34.1 | ||||||||||
Net Fee Income Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -1.73 | -11.7 | -46.5 | 47.2 | -8.23 | ||||||||||
Total Revenue Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 17.1 | 36.2 | -17.8 | 30.6 | 25.4 | ||||||||||
Operating Cost Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 7.06 | 23.0 | 1.73 | 21.1 | 8.76 | ||||||||||
Operating Profit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 50.0 | 67.0 | -51.3 | 64.5 | 69.3 | ||||||||||
Pre-Tax Profit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 102 | -82.5 | -771 | -123 | 470 | ||||||||||
Net Profit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 123 | -104 | 2,822 | -118 | 614 | ||||||||||
market share | |||||||||||||||||||||||||||
Market Share in Revenues | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.318 | 0.349 | 0.259 | 0.306 | 0.345 | ... | ||||||||||
Market Share in Net Profit | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.175 | ... | ... | 0.027 | 0.183 | ... | ||||||||||
Market Share in Employees | % | 0.526 | 0.524 | 0.496 | 0.521 | 0.508 | |||||||||||||||||||||
Market Share in Branches | % | 0.600 | 0.586 | 0.544 | 0.517 | 0.500 |
balance sheet | Unit | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
balance sheet | |||||||||||||||||||||||||||
Cash | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 348 | 365 | 525 | 776 | 1,091 | |||||||||||
Interbank Loans | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 439 | 214 | 63.0 | 127 | 194 | |||||||||||
Customer Loans | TRY mil | 2,328 | 2,905 | 4,578 | 6,448 | 8,186 | |||||||||||||||||||||
Debt Securities | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,430 | 588 | 1,110 | 873 | 773 | |||||||||||
Fixed Assets | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 50.7 | 47.9 | 48.0 | 78.8 | 100 | |||||||||||
Total Assets | TRY mil | 4,923 | 4,442 | 6,812 | 8,674 | 10,675 | |||||||||||||||||||||
Shareholders' Equity | TRY mil | 629 | 642 | 587 | 937 | 1,013 | |||||||||||||||||||||
Liabilities | TRY mil | 4,294 | 3,800 | 6,225 | 7,736 | 9,662 | |||||||||||||||||||||
Interbank Borrowing | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 960 | 203 | 1,360 | 1,325 | 1,722 | |||||||||||
Customer Deposits | TRY mil | 2,273 | 3,265 | 3,429 | 5,365 | 6,696 | |||||||||||||||||||||
Issued Debt Securities | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2,648 | 380 | 3,171 | 2,312 | 2,949 | |||||||||||
Other Liabilities | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -1,587 | -47.8 | -1,735 | -1,265 | -1,705 | |||||||||||
asset quality | |||||||||||||||||||||||||||
Non-Performing Loans | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 108 | 167 | 109 | 130 | 210 | |||||||||||
Gross Loans | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2,400 | 3,010 | 4,633 | 6,512 | 8,305 | |||||||||||
Total Provisions | TRY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 72.1 | 105 | 56.0 | 63.2 | 119 | |||||||||||
growth rates | |||||||||||||||||||||||||||
Customer Loan Growth | % | ... | 43.6 | 24.8 | 57.5 | 40.9 | 26.9 | ||||||||||||||||||||
Total Asset Growth | % | ... | 18.6 | -9.77 | 53.4 | 27.3 | 23.1 | ||||||||||||||||||||
Shareholders' Equity Growth | % | ... | 40.5 | 2.06 | -8.61 | 59.8 | 8.01 | ||||||||||||||||||||
Customer Deposit Growth | % | ... | 20.4 | 43.6 | 5.03 | 56.5 | 24.8 | ||||||||||||||||||||
market share | |||||||||||||||||||||||||||
Market Share in Customer Loans | % | 0.366 | 0.397 | 0.472 | 0.562 | 0.592 | |||||||||||||||||||||
Market Share in Total Assets | % | 0.424 | 0.342 | 0.417 | 0.459 | 0.477 | |||||||||||||||||||||
Market Share in Customer Deposits | % | 0.346 | 0.450 | 0.383 | 0.538 | 0.572 |
ratios | Unit | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
ratios | |||||||||||||||||||||||||||
ROE | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 6.18 | -0.198 | -5.97 | 0.862 | 4.81 | |||||||||||
ROA | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.733 | -0.027 | -0.652 | 0.085 | 0.485 | |||||||||||
Costs (As % Of Assets) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.88 | 3.43 | 2.90 | 2.55 | 2.22 | |||||||||||
Costs (As % Of Income) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 70.0 | 63.2 | 78.2 | 72.5 | 62.9 | |||||||||||
Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 16.9 | 16.5 | 15.0 | 17.7 | 16.0 | |||||||||||
Net Interest Margin | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.13 | 3.84 | 2.65 | 2.77 | 2.97 | |||||||||||
Interest Spread | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.31 | 2.77 | 2.17 | 2.22 | 2.42 | |||||||||||
Asset Yield | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 8.26 | 10.7 | 6.56 | 7.77 | 7.86 | |||||||||||
Cost Of Liabilities | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 6.95 | 7.91 | 4.38 | 5.55 | 5.44 | |||||||||||
Interest Income (As % Of Revenues) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 51.9 | 70.8 | 71.5 | 78.6 | 84.0 | |||||||||||
Fee Income (As % Of Revenues) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 14.4 | 9.32 | 6.07 | 6.84 | 5.01 | |||||||||||
Other Income (As % Of Revenues) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 33.7 | 19.9 | 22.5 | 14.6 | 11.0 | |||||||||||
Cost Per Employee | USD per month | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3,419 | 3,950 | 3,763 | 3,719 | 3,608 | |||||||||||
Cost Per Employee (Local Currency) | TRY per month | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5,746 | 7,110 | 7,176 | 8,342 | 9,465 | |||||||||||
Staff Cost (As % Of Total Cost) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 50.4 | 51.9 | 51.7 | 53.0 | 54.0 | |||||||||||
Equity (As % Of Assets) | % | 12.8 | 14.4 | 8.61 | 10.8 | 9.48 | |||||||||||||||||||||
Loans (As % Of Deposits) | % | 102 | 89.0 | 134 | 120 | 122 | |||||||||||||||||||||
Loans (As % Assets) | % | 47.3 | 65.4 | 67.2 | 74.3 | 76.7 | |||||||||||||||||||||
NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.51 | 5.54 | 2.35 | 2.00 | 2.53 | |||||||||||
Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 66.5 | 62.8 | 51.5 | 48.5 | 56.6 | |||||||||||
Provisions (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.10 | 3.61 | 1.22 | 0.981 | 1.45 | |||||||||||
Cost of Provisions (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.906 | 3.32 | 2.41 | 1.17 | 1.06 |
Get all company financials in excel:
By Helgi Analytics - June 30, 2018
Burgan Bank employed 978 persons in 2017, down 1.61% when compared to the previous year. Historically, the bank's workforce hit an all time high of 1,046 persons in 2014 and an all time low of 549 in 2007. Average cost reached USD 3,307 per month per employee, ...
By Helgi Analytics - June 30, 2018
Burgan Bank's cost to income ratio reached 59.5% in 2017, down from 63.2% compared to the previous year. Historically, the bank’s costs reached an all time high of 89.7% of income in 2005 and an all time low of 53.2% in 2009. When compared to total assets,...
By Helgi Analytics - June 30, 2018
Burgan Bank's non-performing loans reached 2.57% of total loans at the end of 2017, up from 2.14% compared to the previous year. Historically, the NPL ratio hit an all time high of 11.7% in 2009 and an all time low of 2.00% in 2014. Provision coverage amoun...
By Helgi Analytics - June 30, 2018
Burgan Bank generated total banking revenues of TRY 490 mil in 2017, up 26.8% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of TRY 490 mil in 2017 and an all t...
By Helgi Analytics - June 30, 2018
Burgan Bank's net interest margin amounted to 2.81% in 2017, up from 2.76% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 10.2% in 2002 and an all time low of 2.13% in 2011. The average margin in ...
By Helgi Analytics - June 30, 2018
Burgan Bank's customer loan growth reached 24.5% in 2017, down from 30.5% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 343% in 1993 and an all time low of -45.5% in 2001. In the last decade, the average ...
By Helgi Analytics - July 16, 2018
Burgan Bank generated total banking revenues of TRY 387 mil in 2016, up 13.2% compared to the previous year. Turkish banking sector banking sector generated total revenues of TRY 121,108 mil in 2016, up 22.1% when compared to the last year. As a...
Burgan Bank has been growing its revenues and asset by 16.7% and 19.9% a year on average in the last 10 years. Its loans and deposits have grown by 31.2% and 22.8% a year during that time and loans to deposits ratio reached 149% at the end of 2017. The company achieved an average return on equity of 3.37% in the last decade with net profit growing 17.7% a year on average. In terms of operating efficiency, its cost to income ratio reached 59.5% in 2017, compared to 66.7% average in the last decade.
Equity represented 9.00% of total assets or -11,783% of loans at the end of 2017. Burgan Bank's non-performing loans were 2.57% of total loans while provisions covered some 52.7% of NPLs at the end of 2017.