By Helgi Library - December 12, 2019
Isbank's customer loans reached TRY 274,682 mil in 2017, up 19.4% compared to the previous year. Turkish banking sector provide...
By Helgi Library - December 12, 2019
Isbank's customer loans reached TRY 274,682 mil in 2017, up 19.4% compared to the previous year. Turkish banking sector provide...
By Helgi Library - December 12, 2019
Isbank's customer deposits reached TRY 198,875 mil in 2017, up 17.7% compared to the previous year. Turkish banking sector acce...
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By Helgi Library - December 12, 2019
Isbank's customer deposits reached TRY 198,875 mil in 2017, up 17.7% 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. Isbank accounted for 12.3% of all cust...
By Helgi Library - June 18, 2018
Isbank made a net profit of TRY 5,749 mil under revenues of TRY 23,321 mil in 2017, up 5.51% and 14.3% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of TRY 5,749 mil in 2017 and an all time low of TRY -762 mi...
By Helgi Library - June 18, 2018
Isbank made a net profit of TRY 5,749 mil under revenues of TRY 23,321 mil in 2017, up 5.51% and 14.3% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of TRY 5,749 mil in 2017 and an all time low of TRY -762 mi...
By Helgi Library - June 18, 2018
Isbank employed 24,836 persons in 2017, down 0.656% when compared to the previous year. Historically, the bank's workforce hit an all time high of 25,157 persons in 2015 and an all time low of 14,873 in 2002. Average cost reached USD 4,069 per month per employee,...
By Helgi Library - June 18, 2018
Isbank employed 24,836 persons in 2017, down 0.656% when compared to the previous year. Historically, the bank's workforce hit an all time high of 25,157 persons in 2015 and an all time low of 14,873 in 2002. Average cost reached USD 4,069 per month per employee,...
By Helgi Library - December 12, 2019
Isbank's corporate loans reached TRY 201,484 mil in 2017, up 25.5% compared to the previous year. Turkish banking sector provided corporate loans of TRY 1,571 bil in 2017, up 22.5% when compared to the last year. Isbank accounted for 13.5% of all corporat...
By Helgi Library - December 12, 2019
Isbank's corporate loans reached TRY 201,484 mil in 2017, up 25.5% compared to the previous year. Turkish banking sector provided corporate loans of TRY 1,571 bil in 2017, up 22.5% when compared to the last year. Isbank accounted for 13.5% of all corporat...
By Helgi Library - June 18, 2018
Isbank employed 24,836 persons in 2017, down 0% compared to the previous year. Historically, the bank's workforce hit an all time high of 25,157 persons in 2015 and an all time low of 18,729 in 2006. The bank operated a network of 1,364 branches and 6,557 ...
By Helgi Library - June 18, 2018
Isbank employed 24,836 persons in 2017, down 0% compared to the previous year. Historically, the bank's workforce hit an all time high of 25,157 persons in 2015 and an all time low of 18,729 in 2006. The bank operated a network of 1,364 branches and 6,557 ...
By Helgi Library - June 18, 2018
Isbank's non-performing loans reached 2.16% of total loans at the end of 2017, down from 2.34% compared to the previous year. Historically, the NPL ratio hit an all time high of 17.3% in 2002 and an all time low of 1.60% in 2014. Provision coverage amounted...
Turkiye Is Bankasi AS (or Isbank) is the largest privately-owned bank in Turkey. The Bank offers retail and commercial banking products and services, such as credit and debit cards, private and commercial loans, savings and checking accounts and money transfers, issuing letters of guarantee, foreign currency and non-cash loans and commercial loan deposit accounts, as well as portfolio management, mutual and pension fund management, international trade finance and securities brokerage. The Bank also provides online and mobile banking services, and has investments in companies that are active in finance, glass industry, telecommunications and other industry and service sectors. At the end of 2015, the Bank operated 1,377 branches and 6,582 ATMs, employed over 25,000 employees and serviced more than 6 mil retail clients
Isbank has been growing its revenues and asset by 14.8% and 18.4% a year on average in the last 10 years. Its loans and deposits have grown by 23.2% and 15.5% a year during that time and loans to deposits ratio reached 138% at the end of 2017. The company achieved an average return on equity of 14.8% in the last decade with net profit growing 12.9% a year on average. In terms of operating efficiency, its cost to income ratio reached 54.7% in 2017, compared to 49.7% average in the last decade.
Equity represented 13.0% of total assets or 20.5% of loans at the end of 2017. Isbank's non-performing loans were 2.16% of total loans while provisions covered some 104% of NPLs at the end of 2017.
Isbank stock traded at TRY 6.97 per share at the end of 2017 resulting in a market capitalization of USD 20,731 mil. Over the previous five years, stock price rose by 12.1% or 2.3% a year on average. That’s compared to an average ROE of 11.9% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 13.6x and price to book value (PBV) of 1.39x in 2017.
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