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Alternatifbank

Alternatifbank's customer loans rose 24.5% to TRY 13,163 mil in 2017

By Helgi Library - December 12, 2019

Alternatifbank's customer loans reached TRY 13,163 mil in 2017, up 24.5% compared to the previous year. Turkish banking sector ...

Alternatifbank's customer loans rose 24.5% to TRY 13,163 mil in 2017

By Helgi Library - December 12, 2019

Alternatifbank's customer loans reached TRY 13,163 mil in 2017, up 24.5% compared to the previous year. Turkish banking sector ...

Alternatifbank's customer deposits rose 27.1% to TRY 11,322 mil in 2017

By Helgi Library - December 12, 2019

Alternatifbank's customer deposits reached TRY 11,322 mil in 2017, up 27.1% compared to the previous year. Turkish banking sect...

Profit Statement 2015 2016 2017
Net Interest Income TRY mil 460 316 472
Net Fee Income TRY mil 56.3 25.5 50.5
Other Income TRY mil 116 218 16.3
Total Revenues TRY mil 633 560 539
Staff Cost TRY mil 142 135 147
Operating Profit TRY mil 263 219 262
Provisions TRY mil 187 217 184
Net Profit TRY mil 53.5 8.05 63.9
Balance Sheet 2015 2016 2017
Interbank Loans TRY mil 610 541 281
Customer Loans TRY mil 9,345 10,571 13,163
Total Assets TRY mil 13,150 16,465 19,389
Shareholders' Equity TRY mil 997 1,225 1,623
Interbank Borrowing TRY mil 3,485 3,003 2,923
Customer Deposits TRY mil 6,288 8,909 11,322
Issued Debt Securities TRY mil 1,856 2,883 2,887
Ratios 2015 2016 2017
ROE % 5.47 0.724 4.49
ROA % 0.449 0.054 0.356
Costs (As % Of Assets) % 3.10 2.30 1.54
Costs (As % Of Income) % 58.3 60.9 51.4
Capital Adequacy Ratio % 15.5 18.3 18.1
Net Interest Margin % 3.86 2.13 2.63
Loans (As % Of Deposits) % 149 119 116
NPLs (As % Of Loans) % 4.95 5.08 4.47
Provisions (As % Of NPLs) % 53.6 61.5 56.8
Growth Rates 2015 2016 2017
Total Revenue Growth % 19.0 -11.5 -3.76
Operating Cost Growth % 44.9 -7.65 -18.9
Operating Profit Growth % -4.76 -17.0 19.8
Net Profit Growth % -57.3 -85.0 694
Customer Loan Growth % 18.6 13.1 24.5
Total Asset Growth % 23.4 25.2 17.8
Customer Deposit Growth % 10.8 41.7 27.1
Shareholders' Equity Growth % 3.87 22.9 32.5
Employees 1,073 928 947

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summary Unit 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                                                    
Net Interest Income TRY mil ... ... ... ... ... ... ... ... ... ...                   207 423 368 442 460    
Total Revenues TRY mil ... ... ... ... ... ... ... ... ... ...                   256 517 455 531 633    
Operating Profit TRY mil ... ... ... ... ... ... ... ... ... ...                   113 317 236 277 263    
Net Profit TRY mil ... ... ... ... ... ... ... ... ... ...                   25.1 69.0 68.3 125 53.5    
balance sheet                                                    
Interbank Loans TRY mil ... ... ... ... ... ... ... ... ... ...                   76.6 55.7 300 103 610    
Customer Loans TRY mil                                       4,336 5,201 6,416 7,882 9,345    
Debt Securities TRY mil ... ... ... ... ... ... ... ... ... ...                   1,350 1,853 2,032 935 1,190    
Total Assets TRY mil                                       6,445 7,969 10,380 10,659 13,150    
Shareholders' Equity TRY mil                                       485 569 595 959 997    
Interbank Borrowing TRY mil ... ... ... ... ... ... ... ... ... ...                   1,062 1,031 1,859 2,012 3,485    
Customer Deposits TRY mil                                       3,643 4,176 4,997 5,675 6,288    
Issued Debt Securities TRY mil ... ... ... ... ... ... ... ... ... ...                   927 1,811 2,246 1,512 1,856    
ratios                                                    
ROE % ... ... ... ... ... ... ... ... ... ...                   5.31 13.1 11.7 16.1 5.47    
ROA % ... ... ... ... ... ... ... ... ... ...                   0.470 0.958 0.744 1.19 0.449    
Costs (As % Of Assets) % ... ... ... ... ... ... ... ... ... ...                   2.67 2.77 2.39 2.42 3.10    
Costs (As % Of Income) % ... ... ... ... ... ... ... ... ... ...                   55.8 38.6 48.2 47.9 58.3    
Capital Adequacy Ratio % ... ... ... ... ... ... ... ... ... ...                   13.5 14.3 14.7 15.1 15.5    
Net Interest Margin % ... ... ... ... ... ... ... ... ... ...                   3.87 5.87 4.01 4.20 3.86    
Interest Income (As % Of Revenues) % ... ... ... ... ... ... ... ... ... ...                   80.7 81.9 80.8 83.1 72.7    
Fee Income (As % Of Revenues) % ... ... ... ... ... ... ... ... ... ...                   11.1 6.84 7.38 7.66 8.90    
Staff Cost (As % Of Total Cost) % ... ... ... ... ... ... ... ... ... ...                   58.9 60.2 56.7 56.5 38.6    
Equity (As % Of Assets) %                                       7.52 7.14 5.73 9.00 7.58    
Loans (As % Of Deposits) %                                       119 125 128 139 149    
Loans (As % Assets) %                                       67.3 65.3 61.8 74.0 71.1    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ... ... ...                   4.82 4.40 3.54 4.84 4.95    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ... ... ...                   46.0 58.4 68.4 60.5 53.6    
valuation                                                    
Book Value Per Share Growth % ... ... ... ... ... ... ... ... ... ... ...                 26.0 104 -13.1 20.2 4.12    
income statement Unit 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                                                    
Interest Income TRY mil ... ... ... ... ... ... ... ... ... ...                   458 868 705 1,011 963    
Interest Cost TRY mil ... ... ... ... ... ... ... ... ... ...                   251 445 337 569 503    
Net Interest Income TRY mil ... ... ... ... ... ... ... ... ... ...                   207 423 368 442 460    
Net Fee Income TRY mil ... ... ... ... ... ... ... ... ... ...                   28.6 35.3 33.6 40.7 56.3    
Other Income TRY mil ... ... ... ... ... ... ... ... ... ...                   20.8 58.3 53.7 49.0 116    
Total Revenues TRY mil ... ... ... ... ... ... ... ... ... ...                   256 517 455 531 633    
Staff Cost TRY mil ... ... ... ... ... ... ... ... ... ...                   84.2 120 124 144 142    
Other Cost TRY mil ... ... ... ... ... ... ... ... ... ...                   58.8 79.4 95.0 111 227    
Operating Cost TRY mil ... ... ... ... ... ... ... ... ... ...                   143 199 219 255 369    
Operating Profit TRY mil ... ... ... ... ... ... ... ... ... ...                   113 317 236 277 263    
Provisions TRY mil ... ... ... ... ... ... ... ... ... ...                   76.1 229 150 126 187    
Extra and Other Cost TRY mil ... ... ... ... ... ... ... ... ... ...                   0 0 0 0 < -0.001    
Pre-Tax Profit TRY mil ... ... ... ... ... ... ... ... ... ...                   37.2 88.7 85.6 151 76.5    
Tax TRY mil ... ... ... ... ... ... ... ... ... ...                   12.1 19.7 17.3 25.5 23.0    
Minorities TRY mil ... ... ... ... ... ... ... ... ... ...                   0 0 0 0 0    
Net Profit TRY mil ... ... ... ... ... ... ... ... ... ...                   25.1 69.0 68.3 125 53.5    
growth rates                                                    
Net Interest Income Growth % ... ... ... ... ... ... ... ... ... ... ...                 26.0 104 -13.1 20.2 4.12    
Net Fee Income Growth % ... ... ... ... ... ... ... ... ... ... ...                 15.0 23.7 -4.97 21.2 38.3    
Total Revenue Growth % ... ... ... ... ... ... ... ... ... ... ...                 -10.4 102 -11.9 16.8 19.0    
Operating Cost Growth % ... ... ... ... ... ... ... ... ... ... ...                 -27.3 39.4 10.1 16.1 44.9    
Operating Profit Growth % ... ... ... ... ... ... ... ... ... ... ...                 26.9 180 -25.7 17.5 -4.76    
Pre-Tax Profit Growth % ... ... ... ... ... ... ... ... ... ... ...                 9.77 138 -3.48 76.3 -49.3    
Net Profit Growth % ... ... ... ... ... ... ... ... ... ... ...                 -7.49 174 -1.07 83.7 -57.3    
market share                                                    
Market Share in Revenues % ... ... ... ... ... ... ... ... ... ...                   0.437 0.710 0.564 0.597 0.638   ...
Market Share in Net Profit % ... ... ... ... ... ... ... ... ... ...                   0.132 0.305 0.289 0.513 0.209   ...
Market Share in Employees %                                       0.653 0.661 0.716 0.613 0.533    
Market Share in Branches %                                       0.641 0.616 0.662 0.650 0.527    
balance sheet Unit 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
balance sheet                                                    
Cash TRY mil ... ... ... ... ... ... ... ... ... ...                   502 630 1,256 1,364 1,541    
Interbank Loans TRY mil ... ... ... ... ... ... ... ... ... ...                   76.6 55.7 300 103 610    
Customer Loans TRY mil                                       4,336 5,201 6,416 7,882 9,345    
Debt Securities TRY mil ... ... ... ... ... ... ... ... ... ...                   1,350 1,853 2,032 935 1,190    
Fixed Assets TRY mil ... ... ... ... ... ... ... ... ... ...                   26.8 40.3 51.1 51.3 58.3    
Total Assets TRY mil                                       6,445 7,969 10,380 10,659 13,150    
Shareholders' Equity TRY mil                                       485 569 595 959 997    
Liabilities TRY mil                                       5,960 7,400 9,786 9,699 12,153    
Interbank Borrowing TRY mil ... ... ... ... ... ... ... ... ... ...                   1,062 1,031 1,859 2,012 3,485    
Customer Deposits TRY mil                                       3,643 4,176 4,997 5,675 6,288    
Issued Debt Securities TRY mil ... ... ... ... ... ... ... ... ... ...                   927 1,811 2,246 1,512 1,856    
Other Liabilities TRY mil ... ... ... ... ... ... ... ... ... ...                   329 382 683 499 524    
asset quality                                                    
Non-Performing Loans TRY mil ... ... ... ... ... ... ... ... ... ...                   214 235 233 393 475    
Gross Loans TRY mil ... ... ... ... ... ... ... ... ... ...                   4,435 5,338 6,575 8,120 9,600    
Total Provisions TRY mil ... ... ... ... ... ... ... ... ... ...                   98.3 137 159 238 254    
growth rates                                                    
Customer Loan Growth % ...                                     33.6 19.9 23.4 22.9 18.6    
Total Asset Growth % ...                                     51.3 23.6 30.3 2.68 23.4    
Shareholders' Equity Growth % ...                                     4.83 17.4 4.55 61.3 3.87    
Customer Deposit Growth % ...                                     49.2 14.6 19.7 13.6 10.8    
market share                                                    
Market Share in Customer Loans %                                       0.682 0.710 0.662 0.686 0.676    
Market Share in Total Assets %                                       0.555 0.614 0.635 0.564 0.588    
Market Share in Customer Deposits %                                       0.555 0.575 0.558 0.569 0.537    
ratios Unit 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
ratios                                                    
ROE % ... ... ... ... ... ... ... ... ... ...                   5.31 13.1 11.7 16.1 5.47    
ROA % ... ... ... ... ... ... ... ... ... ...                   0.470 0.958 0.744 1.19 0.449    
Costs (As % Of Assets) % ... ... ... ... ... ... ... ... ... ...                   2.67 2.77 2.39 2.42 3.10    
Costs (As % Of Income) % ... ... ... ... ... ... ... ... ... ...                   55.8 38.6 48.2 47.9 58.3    
Capital Adequacy Ratio % ... ... ... ... ... ... ... ... ... ...                   13.5 14.3 14.7 15.1 15.5    
Net Interest Margin % ... ... ... ... ... ... ... ... ... ...                   3.87 5.87 4.01 4.20 3.86    
Interest Spread % ... ... ... ... ... ... ... ... ... ...                   3.41 5.38 3.76 3.77 3.49    
Asset Yield % ... ... ... ... ... ... ... ... ... ...                   8.56 12.0 7.68 9.61 8.09    
Cost Of Liabilities % ... ... ... ... ... ... ... ... ... ...                   5.15 6.67 3.92 5.84 4.60    
Interest Income (As % Of Revenues) % ... ... ... ... ... ... ... ... ... ...                   80.7 81.9 80.8 83.1 72.7    
Fee Income (As % Of Revenues) % ... ... ... ... ... ... ... ... ... ...                   11.1 6.84 7.38 7.66 8.90    
Other Income (As % Of Revenues) % ... ... ... ... ... ... ... ... ... ...                   8.13 11.3 11.8 9.21 18.4    
Cost Per Employee USD per month ... ... ... ... ... ... ... ... ... ...                   3,522 4,517 3,850 4,345 4,214    
Cost Per Employee (Local Currency) TRY per month ... ... ... ... ... ... ... ... ... ...                   5,918 8,130 7,341 9,746 11,054    
Staff Cost (As % Of Total Cost) % ... ... ... ... ... ... ... ... ... ...                   58.9 60.2 56.7 56.5 38.6    
Equity (As % Of Assets) %                                       7.52 7.14 5.73 9.00 7.58    
Loans (As % Of Deposits) %                                       119 125 128 139 149    
Loans (As % Assets) %                                       67.3 65.3 61.8 74.0 71.1    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ... ... ...                   4.82 4.40 3.54 4.84 4.95    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ... ... ...                   46.0 58.4 68.4 60.5 53.6    
Provisions (As % Of Loans) % ... ... ... ... ... ... ... ... ... ...                   2.27 2.64 2.48 3.02 2.72    
Cost of Provisions (As % Of Loans) % ... ... ... ... ... ... ... ... ... ...                   2.01 4.79 2.58 1.76 2.17    
other data Unit 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
other data                                                    
Branches                                       63.0 63.0 73.0 73.0 59.0    
Employees                                       1,185 1,230 1,413 1,231 1,073    
ATMs ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...  

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Alternatifbank's customer deposits rose 27.1% to TRY 11,322 mil in 2017

By Helgi Library - December 12, 2019

Alternatifbank's customer deposits reached TRY 11,322 mil in 2017, up 27.1% compared to the previous year. Turkish banking sector accepted customer deposits of TRY 1,670 bil in 2017, up 17.8% when compared to the last year. Alternatifbank accounted for 0....

Alternatifbank's npls (as % of loans) fell 12.0% to 4.47% in 2017

By Helgi Library - June 30, 2018

Alternatifbank's non-performing loans reached 4.47% of total loans at the end of 2017, down from 5.08% compared to the previous year. Historically, the NPL ratio hit an all time high of 20.1% in 2002 and an all time low of 2.79% in 2006. Provision coverage ...

Alternatifbank's npls (as % of loans) fell 12.0% to 4.47% in 2017

By Helgi Library - June 30, 2018

Alternatifbank's non-performing loans reached 4.47% of total loans at the end of 2017, down from 5.08% compared to the previous year. Historically, the NPL ratio hit an all time high of 20.1% in 2002 and an all time low of 2.79% in 2006. Provision coverage ...

Alternatifbank's costs (as % of assets) fell 33.0% to 1.54% in 2017

By Helgi Library - June 30, 2018

Alternatifbank's cost to income ratio reached 51.4% in 2017, down from 60.9% compared to the previous year. Historically, the bank’s costs reached an all time high of 276% of income in 2002 and an all time low of 36.2% in 2009. When compared to total asset...

Alternatifbank's costs (as % of assets) fell 33.0% to 1.54% in 2017

By Helgi Library - June 30, 2018

Alternatifbank's cost to income ratio reached 51.4% in 2017, down from 60.9% compared to the previous year. Historically, the bank’s costs reached an all time high of 276% of income in 2002 and an all time low of 36.2% in 2009. When compared to total asset...

Alternatifbank's net profit rose 694% to TRY 63.9 mil in 2017

By Helgi Library - June 30, 2018

Alternatifbank made a net profit of TRY 63.9 mil in 2017, up 694% compared to the previous year. This implies a return on equity of 4.49%. Historically, the bank’s net profit reached an all time high of TRY 125 mil in 2014 and an all time low of TRY 5.49 mi...

Alternatifbank's net profit rose 694% to TRY 63.9 mil in 2017

By Helgi Library - June 30, 2018

Alternatifbank made a net profit of TRY 63.9 mil in 2017, up 694% compared to the previous year. This implies a return on equity of 4.49%. Historically, the bank’s net profit reached an all time high of TRY 125 mil in 2014 and an all time low of TRY 5.49 mi...

Alternatifbank's employees rose 2.05% to 947 in 2017

By Helgi Library - June 30, 2018

Alternatifbank employed 947 persons in 2017, up 2.05% when compared to the previous year. Historically, the bank's workforce hit an all time high of 1,413 persons in 2013 and an all time low of 482 in 2003. Average cost reached USD 3,554 per month per employee, ...

Alternatifbank's employees rose 2.05% to 947 in 2017

By Helgi Library - June 30, 2018

Alternatifbank employed 947 persons in 2017, up 2.05% when compared to the previous year. Historically, the bank's workforce hit an all time high of 1,413 persons in 2013 and an all time low of 482 in 2003. Average cost reached USD 3,554 per month per employee, ...

Alternatifbank's net interest margin rose 23.4% to 2.63% in 2017

By Helgi Library - June 30, 2018

Alternatifbank's net interest margin amounted to 2.63% in 2017, up from 2.13% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 7.60% in 2007 and an all time low of -3.41% in 2003. The average margin...

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Finance

Alternatifbank has been growing its revenues and asset by 10.1% and 22.3% a year on average in the last 10 years. Its loans and deposits have grown by 21.6% and 20.8% a year during that time and loans to deposits ratio reached 116% at the end of 2017. The company achieved an average return on equity of 9.36% in the last decade with net profit growing -1.10% a year on average. In terms of operating efficiency, its cost to income ratio reached 51.4% in 2017, compared to 51.4% average in the last decade.

Equity represented 8.37% of total assets or 12.3% of loans at the end of 2017. Alternatifbank's non-performing loans were 4.47% of total loans while provisions covered some 56.8% of NPLs at the end of 2017.