- Net Income: Garanti’s net income for the second quarter is 22.52 billion liras, up 22% year-on-year. The estimate was 18.8 billion liras.
- Net Interest Income: The net interest income is 26.20 billion liras, marking a 70% increase year-on-year.
- Fee & Commission Income: Income from fees and commissions stands at 21.50 billion liras, compared to 7.28 billion liras year-on-year.
- Analyst Ratings: The stock has 12 buy ratings, 8 hold ratings, and no sell ratings.
A look at Turkiye Garanti Bankasi As Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Turkiye Garanti Bankasi A.S. shows a promising long-term outlook. The bank received high scores in Dividend, Resilience, and Momentum, indicating strong performance in these areas. With a solid Value score as well, Turkiye Garanti Bankasi As appears to be positioned well for sustainable growth and financial stability.
Turkiye Garanti Bankasi A.S. is a leading bank that attracts deposits and provides a wide range of banking and financial services. Operating in multiple countries including Turkey, the Netherlands, and Russia, the company offers services such as lease financing, insurance, and credit cards. With impressive scores in key factors like Dividend and Resilience, Turkiye Garanti Bankasi As seems poised to continue its success in the competitive banking industry.
Summary of the company:
### Turkiye Garanti Bankasi A.S. attracts deposits and offers retail and commercial banking services. The Group offers lease financing, insurance, asset management, securities brokerage, automobile and mortgage loans, credit cards, and other financial services. Turkiye Garanti Bankasi operates in Turkey, the Netherlands, Germany, Romania, Russia, Luxembourg, Malta, and Bahrain. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
