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 ...
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 ...
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 |
Get all company financials in excel:
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 | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
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....
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 ...
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 ...
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...
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...
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...
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...
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, ...
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, ...
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...
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.