Halkbank - Profitability

Halkbank made a net profit of TRY 4,173 mil in 2017, up 38.5% compared to the previous year. This implies a return on equity of 17.3%.

Historically, the bank’s net profit reached an all time high of TRY 4,173 mil in 2017 and an all time low of TRY 497 mil in 2005. The average profit in the last five years amounted to TRY 2,926 mil.

The bank generated its shareholders an average return on equity of 16.4% in the last five years with maximum at 21.7% and minimum at 13.3%

Comparing Halkbank with its closest peers, Isbank generated a net profit of TRY 5,749 mil with ROE of 10.8% in 2017, Garanti Bank netted TRY 6,388 mil (ROE of 16.5%) and VakifBank announced a net profit of TRY 3,910 mil implying ROE of 17.5%.

Halkbank has been ranked 50th within the group of 310 banks we follow in terms of return on equity in 2017.

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