Earnings Alerts

Turkiye Garanti Bankasi As (GARAN) Earnings: FY Net Income Falls Short of Estimates at 92.2 Billion Liras

By January 29, 2025 No Comments
  • Garanti’s net income for the fiscal year was 92.2 billion liras, marking a 5.6% increase compared to the previous year.
  • Net income came in below analyst estimates, which were set at 95.02 billion liras.
  • Net interest income reached 100.3 billion liras, showing a 34% year-over-year growth.
  • Net fee and commission income surged to 94.1 billion liras, up from 40.8 billion liras the previous year.
  • Analyst recommendations include 14 buy ratings, 7 hold ratings, and no sell ratings.

A look at Turkiye Garanti Bankasi As Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience5
Momentum4
OVERALL SMART SCORE4.0

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

According to Smartkarma Smart Scores, Turkiye Garanti Bankasi A.S. shows a positive long-term outlook based on its overall scores. With a strong resilience score of 5, the bank demonstrates its ability to weather economic uncertainties and challenges. This indicates a stable foundation and ability to adapt to changing market conditions. Additionally, scoring high in both the Growth and Momentum categories with a score of 4 each, Turkiye Garanti Bankasi shows potential for expansion and sustained performance in the future. The Value score of 3 also indicates that the bank offers good value for investors seeking solid returns. Furthermore, with a Dividend score of 4, investors may benefit from consistent dividend payouts over time.

Turkiye Garanti Bankasi A.S. is a well-established financial institution that offers a wide range of banking services including retail and commercial banking, lease financing, insurance, asset management, and securities brokerage. The bank operates not only in Turkey but also in several other countries such as the Netherlands, Germany, Romania, Russia, Luxembourg, Malta, and Bahrain. With its strong performance across various aspects like resilience, growth, momentum, value, and dividends, Turkiye Garanti Bankasi appears to be positioned well for long-term success and stability in the banking sector.

Summary: Turkiye Garanti Bankasi A.S. is a multinational bank that provides a diverse range of banking and financial services to both individuals and businesses across various countries, showcasing a positive long-term outlook based on its Smartkarma Smart Scores.


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.
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