Turk Ekonomi Bankasi made a net profit of TRY 1,088 mil in 2017, up 15.3% compared to the previous year. This implies a return on equity of 12.8%.
Historically, the bank’s net profit reached an all time high of TRY 1,088 mil in 2017 and an all time low of TRY 111 mil in 2005. The average profit in the last five years amounted to TRY 844 mil.
The bank generated its shareholders an average return on equity of 12.1% in the last five years with maximum at 12.8% and minimum at 11.5%
Comparing Turk Ekonomi Bankasi 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%.
Turk Ekonomi Bankasi has been ranked 103th 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 Turk Ekonomi Bankasi Profile, or you can download a report on the bank in the report section.
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