By Helgi Library - June 25, 2018
Odea Bank's non-performing loans reached 17.6% of total loans at the end of 2017, up from 9.07% compared to the previous year. ...
By Helgi Library - June 25, 2018
Odea Bank's non-performing loans reached 17.6% of total loans at the end of 2017, up from 9.07% compared to the previous year. ...
By Helgi Library - June 25, 2018
Odea Bank made a net profit of TRY 310 mil in 2017, up 69.5% compared to the previous year. This implies a return on equity of 8...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | TRY mil | 878 | 1,052 | 1,316 |
| Net Fee Income | TRY mil | 88.7 | 96.2 | 151 |
| Other Income | TRY mil | -189 | 179 | -21.4 |
| Total Revenues | TRY mil | 778 | 1,327 | 1,445 |
| Staff Cost | TRY mil | 226 | 259 | 297 |
| Operating Profit | TRY mil | 299 | 727 | 731 |
| Provisions | TRY mil | 233 | 485 | 342 |
| Net Profit | TRY mil | 45.2 | 183 | 310 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | TRY mil | 4,097 | 4,531 | 3,030 |
| Customer Loans | TRY mil | 21,807 | 26,448 | 22,632 |
| Total Assets | TRY mil | 32,083 | 38,278 | 33,104 |
| Shareholders' Equity | TRY mil | 1,347 | 3,443 | 3,758 |
| Interbank Borrowing | TRY mil | 156 | 232 | 0 |
| Customer Deposits | TRY mil | 25,334 | 29,254 | 23,910 |
| Issued Debt Securities | TRY mil | 1,465 | 528 | 1,175 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 3.37 | 7.64 | 8.62 |
| ROA | % | 0.157 | 0.520 | 0.870 |
| Costs (As % Of Assets) | % | 1.66 | 1.71 | 2.00 |
| Costs (As % Of Income) | % | 61.6 | 45.2 | 49.4 |
| Capital Adequacy Ratio | % | 12.2 | 15.0 | 20.3 |
| Net Interest Margin | % | 3.04 | 2.99 | 3.69 |
| Loans (As % Of Deposits) | % | 86.1 | 90.4 | 94.7 |
| NPLs (As % Of Loans) | % | 6.46 | 9.07 | 17.6 |
| Provisions (As % Of NPLs) | % | 38.6 | 43.8 | 41.4 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | 36.8 | 70.6 | 8.91 |
| Operating Cost Growth | % | 22.7 | 25.3 | 19.0 |
| Operating Profit Growth | % | 67.5 | 143 | 0.559 |
| Net Profit Growth | % | 13,415 | 305 | 69.5 |
| Customer Loan Growth | % | 21.1 | 21.3 | -14.4 |
| Total Asset Growth | % | 25.2 | 19.3 | -13.5 |
| Customer Deposit Growth | % | 20.3 | 15.5 | -18.3 |
| Shareholders' Equity Growth | % | 0.739 | 156 | 9.14 |
| Employees | 1,538 | 1,681 | 1,800 | |
Get all company financials in excel:
| summary | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||||
| Net Interest Income | TRY mil | 32.0 | 124 | 559 | 878 | ||
| Total Revenues | TRY mil | 62.6 | 170 | 569 | 778 | ||
| Operating Profit | TRY mil | -1.26 | -63.4 | 178 | 299 | ||
| Net Profit | TRY mil | -19.8 | -123 | 0.335 | 45.2 | ||
| balance sheet | |||||||
| Interbank Loans | TRY mil | 389 | 1,160 | 3,248 | 4,097 | ||
| Customer Loans | TRY mil | 1,732 | 11,345 | 18,012 | 21,807 | ||
| Debt Securities | TRY mil | 1,023 | 1,518 | 1,166 | 1,486 | ||
| Total Assets | TRY mil | 3,634 | 16,110 | 25,622 | 32,083 | ||
| Shareholders' Equity | TRY mil | 514 | 1,331 | 1,337 | 1,347 | ||
| Interbank Borrowing | TRY mil | 0 | 223 | 139 | 156 | ||
| Customer Deposits | TRY mil | 2,517 | 12,372 | 21,061 | 25,334 | ||
| Issued Debt Securities | TRY mil | 725 | 2,580 | 1,190 | 1,465 | ||
| ratios | |||||||
| ROE | % | -3.86 | -13.3 | 0.025 | 3.37 | ||
| ROA | % | -0.545 | -1.24 | 0.002 | 0.157 | ||
| Costs (As % Of Assets) | % | 1.76 | 2.36 | 1.87 | 1.66 | ||
| Costs (As % Of Income) | % | 102 | 137 | 68.6 | 61.6 | ||
| Capital Adequacy Ratio | % | 36.4 | 15.6 | 13.7 | 12.2 | ||
| Net Interest Margin | % | 0.881 | 1.25 | 2.68 | 3.04 | ||
| Interest Income (As % Of Revenues) | % | 51.2 | 72.8 | 98.3 | 113 | ||
| Fee Income (As % Of Revenues) | % | 8.54 | 3.75 | 7.18 | 11.4 | ||
| Staff Cost (As % Of Total Cost) | % | 43.5 | 35.9 | 36.5 | 47.3 | ||
| Equity (As % Of Assets) | % | 14.1 | 8.26 | 5.22 | 4.20 | ||
| Loans (As % Of Deposits) | % | 68.8 | 91.7 | 85.5 | 86.1 | ||
| Loans (As % Assets) | % | 47.7 | 70.4 | 70.3 | 68.0 | ||
| NPLs (As % Of Loans) | % | 0 | 0.875 | 3.41 | 6.46 | ||
| Provisions (As % Of NPLs) | % | ... | 19.0 | 40.7 | 38.6 | ||
| valuation | |||||||
| Book Value Per Share Growth | % | ... | 287 | 352 | 57.0 |
| income statement | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||||
| Interest Income | TRY mil | 44.7 | 603 | 1,579 | 2,115 | ||
| Interest Cost | TRY mil | 12.7 | 479 | 1,020 | 1,237 | ||
| Net Interest Income | TRY mil | 32.0 | 124 | 559 | 878 | ||
| Net Fee Income | TRY mil | 5.35 | 6.37 | 40.8 | 88.7 | ||
| Other Income | TRY mil | 25.2 | 39.9 | -31.3 | -189 | ||
| Total Revenues | TRY mil | 62.6 | 170 | 569 | 778 | ||
| Staff Cost | TRY mil | 27.8 | 83.7 | 142 | 226 | ||
| Operating Cost | TRY mil | 63.9 | 233 | 390 | 479 | ||
| Operating Profit | TRY mil | -1.26 | -63.4 | 178 | 299 | ||
| Provisions | TRY mil | 18.7 | 73.6 | 162 | 233 | ||
| Extra and Other Cost | TRY mil | 0 | 0 | < -0.001 | < -0.001 | ||
| Pre-Tax Profit | TRY mil | -20.0 | -137 | 16.7 | 66.5 | ||
| Tax | TRY mil | -0.163 | -14.3 | 16.3 | 21.3 | ||
| Net Profit | TRY mil | -19.8 | -123 | 0.335 | 45.2 | ||
| growth rates | |||||||
| Net Interest Income Growth | % | ... | 287 | 352 | 57.0 | ||
| Net Fee Income Growth | % | ... | 19.1 | 541 | 117 | ||
| Total Revenue Growth | % | ... | 172 | 234 | 36.8 | ||
| Operating Cost Growth | % | ... | 265 | 67.2 | 22.7 | ||
| Operating Profit Growth | % | ... | 4,930 | -382 | 67.5 | ||
| Pre-Tax Profit Growth | % | ... | 585 | -112 | 299 | ||
| Net Profit Growth | % | ... | 519 | -100 | 13,415 | ||
| market share | |||||||
| Market Share in Revenues | % | 0.086 | 0.211 | 0.639 | 0.784 | ... | |
| Market Share in Net Profit | % | ... | ... | 0.001 | 0.176 | ... | |
| Market Share in Employees | % | 0.213 | 0.560 | 0.691 | 0.764 | ||
| Market Share in Branches | % | 0.059 | 0.336 | 0.428 | 0.491 | ... |
| balance sheet | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | |||||||
| Cash | TRY mil | 411 | 1,794 | 2,831 | 4,075 | ||
| Interbank Loans | TRY mil | 389 | 1,160 | 3,248 | 4,097 | ||
| Customer Loans | TRY mil | 1,732 | 11,345 | 18,012 | 21,807 | ||
| Debt Securities | TRY mil | 1,023 | 1,518 | 1,166 | 1,486 | ||
| Fixed Assets | TRY mil | ... | ... | 174 | 242 | ||
| Total Assets | TRY mil | 3,634 | 16,110 | 25,622 | 32,083 | ||
| Shareholders' Equity | TRY mil | 514 | 1,331 | 1,337 | 1,347 | ||
| Liabilities | TRY mil | 3,120 | 14,779 | 24,285 | 30,736 | ||
| Interbank Borrowing | TRY mil | 0 | 223 | 139 | 156 | ||
| Customer Deposits | TRY mil | 2,517 | 12,372 | 21,061 | 25,334 | ||
| Issued Debt Securities | TRY mil | 725 | 2,580 | 1,190 | 1,465 | ||
| Other Liabilities | TRY mil | -121 | -396 | 1,894 | 3,781 | ||
| asset quality | |||||||
| Non-Performing Loans | TRY mil | 0 | 46.6 | 265 | 487 | ||
| Gross Loans | TRY mil | 974 | 5,329 | 7,787 | 7,538 | ||
| Total Provisions | TRY mil | 0 | 8.84 | 108 | 188 | ||
| growth rates | |||||||
| Customer Loan Growth | % | ... | 555 | 58.8 | 21.1 | ||
| Total Asset Growth | % | ... | 343 | 59.0 | 25.2 | ||
| Shareholders' Equity Growth | % | ... | 159 | 0.468 | 0.739 | ||
| Customer Deposit Growth | % | ... | 392 | 70.2 | 20.3 | ||
| market share | |||||||
| Market Share in Customer Loans | % | 0.236 | 1.17 | 1.57 | 1.58 | ||
| Market Share in Total Assets | % | 0.280 | 0.985 | 1.36 | 1.43 | ||
| Market Share in Customer Deposits | % | 0.347 | 1.38 | 2.11 | 2.16 |
| ratios | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | |||||||
| ROE | % | -3.86 | -13.3 | 0.025 | 3.37 | ||
| ROA | % | -0.545 | -1.24 | 0.002 | 0.157 | ||
| Costs (As % Of Assets) | % | 1.76 | 2.36 | 1.87 | 1.66 | ||
| Costs (As % Of Income) | % | 102 | 137 | 68.6 | 61.6 | ||
| Capital Adequacy Ratio | % | 36.4 | 15.6 | 13.7 | 12.2 | ||
| Tier 1 Ratio | % | ... | ... | ... | ... | ||
| Net Interest Margin | % | 0.881 | 1.25 | 2.68 | 3.04 | ||
| Interest Spread | % | ... | 0.754 | 2.35 | 2.83 | ||
| Asset Yield | % | 1.23 | 6.10 | 7.57 | 7.33 | ||
| Cost Of Liabilities | % | ... | 5.35 | 5.22 | 4.50 | ||
| Interest Income (As % Of Revenues) | % | 51.2 | 72.8 | 98.3 | 113 | ||
| Fee Income (As % Of Revenues) | % | 8.54 | 3.75 | 7.18 | 11.4 | ||
| Other Income (As % Of Revenues) | % | 40.3 | 23.4 | -5.50 | -24.2 | ||
| Cost Per Employee | USD per month | 3,251 | 3,312 | 3,807 | 4,674 | ||
| Cost Per Employee (Local Currency) | TRY per month | 5,852 | 6,315 | 8,541 | 12,262 | ||
| Staff Cost (As % Of Total Cost) | % | 43.5 | 35.9 | 36.5 | 47.3 | ||
| Equity (As % Of Assets) | % | 14.1 | 8.26 | 5.22 | 4.20 | ||
| Loans (As % Of Deposits) | % | 68.8 | 91.7 | 85.5 | 86.1 | ||
| Loans (As % Assets) | % | 47.7 | 70.4 | 70.3 | 68.0 | ||
| NPLs (As % Of Loans) | % | 0 | 0.875 | 3.41 | 6.46 | ||
| Provisions (As % Of NPLs) | % | ... | 19.0 | 40.7 | 38.6 | ||
| Provisions (As % Of Loans) | % | 0 | 0.078 | 0.600 | 0.862 | ||
| Cost of Provisions (As % Of Loans) | % | 1.08 | 1.13 | 1.10 | 1.17 |
Get all company financials in excel:
By Helgi Library - June 25, 2018
Odea Bank made a net profit of TRY 310 mil in 2017, up 69.5% compared to the previous year. This implies a return on equity of 8.62%. Historically, the bank’s net profit reached an all time high of TRY 310 mil in 2017 and an all time low of TRY -123 mil in ...
By Helgi Library - June 25, 2018
Odea Bank's net interest margin amounted to 3.69% in 2017, up from 2.99% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.69% in 2017 and an all time low of 1.25% in 2013. The average margin in th...
By Helgi Library - June 25, 2018
Odea Bank's net interest margin amounted to 3.69% in 2017, up from 2.99% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.69% in 2017 and an all time low of 1.25% in 2013. The average margin in th...
By Helgi Library - December 12, 2019
Odea Bank's customer loans reached TRY 22,632 mil in 2017, down 14.4% compared to the previous year. Turkish banking sector provided customer loans of TRY 2,209 bil in 2017, up 20.6% when compared to the last year. Odea Bank accounted for 1.16% of all cus...
By Helgi Library - December 12, 2019
Odea Bank's customer loans reached TRY 22,632 mil in 2017, down 14.4% compared to the previous year. Turkish banking sector provided customer loans of TRY 2,209 bil in 2017, up 20.6% when compared to the last year. Odea Bank accounted for 1.16% of all cus...
By Helgi Library - December 12, 2019
Odea Bank's customer deposits reached TRY 23,910 mil in 2017, down 18.3% 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. Odea Bank accounted for 1.48% of a...
By Helgi Library - December 12, 2019
Odea Bank's customer deposits reached TRY 23,910 mil in 2017, down 18.3% 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. Odea Bank accounted for 1.48% of a...
By Helgi Library - June 25, 2018
Odea Bank generated total banking revenues of TRY 1,445 mil in 2017, up 8.91% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of TRY 1,445 mil in 2017 and an all...
By Helgi Library - June 25, 2018
Odea Bank generated total banking revenues of TRY 1,445 mil in 2017, up 8.91% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of TRY 1,445 mil in 2017 and an all...
By Helgi Library - June 25, 2018
Odea Bank's customer loan growth reached -14.4% in 2017, down from 21.3% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 555% in 2013 and an all time low of -14.4% in 2017. In the last decade, the average a...
Odea Bank has been growing its revenues and asset by 36.5% and 8.92% a year on average in the last 3 years. Its loans and deposits have grown by 7.91% and 4.32% a year during that time and loans to deposits ratio reached 94.7% at the end of 2017. The company achieved an average return on equity of 6.54% in the last three years with net profit growing 875% a year on average. In terms of operating efficiency, its cost to income ratio reached 49.4% in 2017, compared to 52.1% average in the last three years.
Equity represented 11.4% of total assets or 16.6% of loans at the end of 2017. Odea Bank's non-performing loans were 17.6% of total loans while provisions covered some 41.4% of NPLs at the end of 2017.
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