By Helgi Library - June 24, 2018
QNB Finansbank made a net profit of TRY 1,553 mil in 2017, up 41.2% compared to the previous year. This implies a return on equi...
By Helgi Library - December 12, 2019
QNB Finansbank's customer loans reached TRY 82,905 mil in 2017, up 31.8% compared to the previous year. Turkish banking sector ...
By Helgi Library - December 12, 2019
QNB Finansbank's customer deposits reached TRY 67,832 mil in 2017, up 25.8% compared to the previous year. Turkish banking sect...
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By Helgi Library - June 24, 2018
QNB Finansbank employed 11,854 persons in 2017, down 4.79% when compared to the previous year. Historically, the bank's workforce hit an all time high of 13,967 persons in 2013 and an all time low of 2,811 in 2002. Average cost reached USD 2,336 per month per emp...
By Helgi Library - June 24, 2018
QNB Finansbank generated total banking revenues of TRY 6,052 mil in 2017, up 18.2% 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 6,052 mil in 2017 and a...
By Helgi Library - June 24, 2018
QNB Finansbank's cost to income ratio reached 47.5% in 2017, down from 50.0% compared to the previous year. Historically, the bank’s costs reached an all time high of 56.9% of income in 2015 and an all time low of 38.6% in 2006. When compared to total asse...
By Helgi Library - June 24, 2018
QNB Finansbank's non-performing loans reached 5.02% of total loans at the end of 2017, down from 5.81% compared to the previous year. Historically, the NPL ratio hit an all time high of 9.20% in 2002 and an all time low of 2.05% in 2004. Provision coverage ...
By Helgi Library - June 24, 2018
QNB Finansbank's net interest margin amounted to 4.81% in 2017, up from 4.40% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 10.3% in 2002 and an all time low of 4.22% in 2014. The average margin ...
By Helgi Library - June 24, 2018
QNB Finansbank stock traded at TRY 5.46 per share at the end 2017 implying a market capitalization of USD 4,836 mil. Since the end of 2012, the stock has appreciated by 56.9 % implying an annual average growth of 9.43 %. In absolute terms, the value of the company ...
By Helgi Library - June 24, 2018
QNB Finansbank's customer loan growth reached 31.8% in 2017, up from 9.92% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 425% in 1988 and an all time low of -1.85% in 2009. In the last decade, the average...
By Helgi Library - July 16, 2018
QNB Finansbank generated total banking revenues of TRY 5,118 mil in 2016, up 18.4% 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. ...
QNB Finansbank has been growing its revenues and asset by 11.6% and 19.7% a year on average in the last 10 years. Its loans and deposits have grown by 19.3% and 18.0% a year during that time and loans to deposits ratio reached 122% at the end of 2017. The company achieved an average return on equity of 12.6% in the last decade with net profit growing 9.57% a year on average. In terms of operating efficiency, its cost to income ratio reached 47.5% in 2017, compared to 50.4% average in the last decade.
Equity represented 9.66% of total assets or 14.7% of loans at the end of 2017. QNB Finansbank's non-performing loans were 5.02% of total loans while provisions covered some 81.5% of NPLs at the end of 2017.
QNB Finansbank stock traded at TRY 5.46 per share at the end of 2017 resulting in a market capitalization of USD 4,836 mil. Over the previous five years, stock price rose by 56.9% or 9.43% a year on average. That’s compared to an average ROE of 10.4% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 11.8x and price to book value (PBV) of 1.50x in 2017.
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