By Helgi Library - December 12, 2019
Intesa Sanpaolo Turkey's customer loans reached TRY 8,436 mil in 2017, up 81.3% compared to the previous year. Turkish banking ...
By Helgi Library - December 12, 2019
Intesa Sanpaolo Turkey's customer loans reached TRY 8,436 mil in 2017, up 81.3% compared to the previous year. Turkish banking ...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | TRY mil | 92.2 | 122 | 192 |
| Net Fee Income | TRY mil | 0.755 | 4.84 | -6.82 |
| Other Income | TRY mil | 3.10 | 15.3 | 12.0 |
| Total Revenues | TRY mil | 96.1 | 142 | 197 |
| Staff Cost | TRY mil | 5.41 | 6.56 | 7.50 |
| Operating Profit | TRY mil | 84.8 | 126 | 176 |
| Provisions | TRY mil | 22.7 | 12.1 | 36.7 |
| Net Profit | TRY mil | 45.4 | 88.4 | 103 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Customer Loans | TRY mil | 3,326 | 4,654 | 8,436 |
| Total Assets | TRY mil | 4,179 | 5,792 | 10,618 |
| Shareholders' Equity | TRY mil | 766 | 862 | 966 |
| Customer Deposits | TRY mil | 1,339 | 1,690 | 5,348 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 6.13 | 10.9 | 11.3 |
| ROA | % | 1.61 | 1.77 | 1.26 |
| Costs (As % Of Assets) | % | 0.399 | 0.318 | 0.258 |
| Costs (As % Of Income) | % | 11.7 | 11.2 | 10.7 |
| Capital Adequacy Ratio | % | 20.5 | 15.1 | 23.8 |
| Net Interest Margin | % | 3.27 | 2.44 | 2.34 |
| Loans (As % Of Deposits) | % | 248 | 275 | 158 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | 52.8 | 47.4 | 39.4 |
| Operating Cost Growth | % | 32.2 | 40.9 | 33.7 |
| Operating Profit Growth | % | 56.1 | 48.3 | 40.1 |
| Net Profit Growth | % | 20.1 | 94.8 | 17.0 |
| Customer Loan Growth | % | 437 | 39.9 | 81.3 |
| Total Asset Growth | % | 187 | 38.6 | 83.3 |
| Customer Deposit Growth | % | 47,179 | 26.2 | 216 |
| Shareholders' Equity Growth | % | 7.06 | 12.6 | 12.0 |
| Employees | 27.0 | 29.0 | ... | |
Get all company financials in excel:
| summary | Unit | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||
| Net Interest Income | TRY mil | ... | 62.5 | 92.2 | ||
| Total Revenues | TRY mil | ... | 62.9 | 96.1 | ||
| Operating Profit | TRY mil | ... | 54.4 | 84.8 | ||
| Net Profit | TRY mil | ... | 37.8 | 45.4 | ||
| balance sheet | ||||||
| Customer Loans | TRY mil | 0 | 619 | 3,326 | ||
| Total Assets | TRY mil | 0 | 1,457 | 4,179 | ||
| Shareholders' Equity | TRY mil | ... | 715 | 766 | ||
| Customer Deposits | TRY mil | ... | 2.83 | 1,339 | ||
| ratios | ||||||
| ROE | % | ... | 5.28 | 6.13 | ||
| ROA | % | ... | 5.19 | 1.61 | ||
| Costs (As % Of Assets) | % | ... | 1.17 | 0.399 | ||
| Costs (As % Of Income) | % | ... | 13.5 | 11.7 | ||
| Capital Adequacy Ratio | % | ... | 87.1 | 20.5 | ||
| Net Interest Margin | % | ... | 8.58 | 3.27 | ||
| Interest Income (As % Of Revenues) | % | ... | 99.5 | 96.0 | ||
| Fee Income (As % Of Revenues) | % | ... | 0.153 | 0.786 | ||
| Staff Cost (As % Of Total Cost) | % | ... | 47.8 | 48.1 | ||
| Equity (As % Of Assets) | % | ... | 49.1 | 18.3 | ||
| Loans (As % Of Deposits) | % | ... | 21,862 | 248 | ||
| Loans (As % Assets) | % | ... | 42.5 | 79.6 | ||
| valuation | ||||||
| Book Value Per Share Growth | % | ... | ... | 47.5 |
| income statement | Unit | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||
| Interest Income | TRY mil | ... | 63.5 | 105 | ||
| Interest Cost | TRY mil | ... | 0.975 | 12.3 | ||
| Net Interest Income | TRY mil | ... | 62.5 | 92.2 | ||
| Net Fee Income | TRY mil | ... | 0.096 | 0.755 | ||
| Other Income | TRY mil | ... | 0.232 | 3.10 | ||
| Total Revenues | TRY mil | ... | 62.9 | 96.1 | ||
| Staff Cost | TRY mil | ... | 4.07 | 5.41 | ||
| Operating Cost | TRY mil | ... | 8.51 | 11.3 | ||
| Operating Profit | TRY mil | ... | 54.4 | 84.8 | ||
| Provisions | TRY mil | ... | 5.91 | 22.7 | ||
| Extra and Other Cost | TRY mil | ... | 0 | 0 | ||
| Pre-Tax Profit | TRY mil | ... | 48.5 | 62.1 | ||
| Tax | TRY mil | ... | 10.7 | 16.7 | ||
| Net Profit | TRY mil | ... | 37.8 | 45.4 | ||
| growth rates | ||||||
| Net Interest Income Growth | % | ... | ... | 47.5 | ||
| Net Fee Income Growth | % | ... | ... | 683 | ||
| Total Revenue Growth | % | ... | ... | 52.8 | ||
| Operating Cost Growth | % | ... | ... | 32.2 | ||
| Operating Profit Growth | % | ... | ... | 56.1 | ||
| Pre-Tax Profit Growth | % | ... | ... | 28.2 | ||
| Net Profit Growth | % | ... | ... | 20.1 | ||
| market share | ||||||
| Market Share in Revenues | % | ... | 0.071 | 0.097 | ... | |
| Market Share in Net Profit | % | ... | 0.154 | 0.177 | ... | |
| Market Share in Employees | % | ... | 0.009 | 0.013 | ... | |
| Market Share in Branches | % | ... | 0.009 | 0.009 | ... |
| balance sheet | Unit | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||
| Customer Loans | TRY mil | 0 | 619 | 3,326 | ||
| Total Assets | TRY mil | 0 | 1,457 | 4,179 | ||
| Shareholders' Equity | TRY mil | ... | 715 | 766 | ||
| Liabilities | TRY mil | ... | 742 | 3,413 | ||
| Customer Deposits | TRY mil | ... | 2.83 | 1,339 | ||
| growth rates | ||||||
| Customer Loan Growth | % | ... | ... | 437 | ||
| Total Asset Growth | % | ... | ... | 187 | ||
| Shareholders' Equity Growth | % | ... | ... | 7.06 | ||
| Customer Deposit Growth | % | ... | ... | 47,179 | ||
| market share | ||||||
| Market Share in Customer Loans | % | 0 | 0.054 | 0.241 | ||
| Market Share in Total Assets | % | 0 | 0.077 | 0.187 | ||
| Market Share in Customer Deposits | % | ... | < 0.001 | 0.114 |
| ratios | Unit | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | ||||||
| ROE | % | ... | 5.28 | 6.13 | ||
| ROA | % | ... | 5.19 | 1.61 | ||
| Costs (As % Of Assets) | % | ... | 1.17 | 0.399 | ||
| Costs (As % Of Income) | % | ... | 13.5 | 11.7 | ||
| Capital Adequacy Ratio | % | ... | 87.1 | 20.5 | ||
| Net Interest Margin | % | ... | 8.58 | 3.27 | ||
| Interest Spread | % | ... | ... | 3.12 | ||
| Asset Yield | % | ... | 8.72 | 3.71 | ||
| Cost Of Liabilities | % | ... | ... | 0.594 | ||
| Interest Income (As % Of Revenues) | % | ... | 99.5 | 96.0 | ||
| Fee Income (As % Of Revenues) | % | ... | 0.153 | 0.786 | ||
| Other Income (As % Of Revenues) | % | ... | 0.370 | 3.23 | ||
| Cost Per Employee | USD per month | ... | 7,958 | 6,366 | ... | |
| Cost Per Employee (Local Currency) | TRY per month | ... | 17,853 | 16,701 | ... | |
| Staff Cost (As % Of Total Cost) | % | ... | 47.8 | 48.1 | ||
| Equity (As % Of Assets) | % | ... | 49.1 | 18.3 | ||
| Loans (As % Of Deposits) | % | ... | 21,862 | 248 | ||
| Loans (As % Assets) | % | ... | 42.5 | 79.6 | ||
| Cost of Provisions (As % Of Loans) | % | ... | 1.91 | 1.15 |
Get all company financials in excel:
Intesa Sanpaolo Turkey has been growing its revenues and asset by 46.4% and 93.9% a year on average in the last 3 years. Its loans and deposits have grown by 139% and 1,136% a year during that time and loans to deposits ratio reached 158% at the end of 2017. The company achieved an average return on equity of 9.44% in the last three years with net profit growing 39.9% a year on average. In terms of operating efficiency, its cost to income ratio reached 10.7% in 2017, compared to 11.2% average in the last three years.
Equity represented 9.10% of total assets or 11.4% of loans at the end of 2017. Intesa Sanpaolo Turkey's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2017.
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