By Helgi Library - June 24, 2018
QNB Finansbank made a net profit of TRY 1,553 mil in 2017, up 41.2% compared to the previous year. This implies a return on equi...
By Helgi Library - June 24, 2018
QNB Finansbank made a net profit of TRY 1,553 mil in 2017, up 41.2% compared to the previous year. This implies a return on equi...
By Helgi Library - December 12, 2019
QNB Finansbank's customer loans reached TRY 82,905 mil in 2017, up 31.8% compared to the previous year. Turkish banking sector ...
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By Helgi Library - December 12, 2019
QNB Finansbank's customer loans reached TRY 82,905 mil in 2017, up 31.8% 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. QNB Finansbank accounted for 4.23% of...
By Helgi Library - December 12, 2019
QNB Finansbank's customer deposits reached TRY 67,832 mil in 2017, up 25.8% 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. QNB Finansbank accounted for 4....
By Helgi Library - December 12, 2019
QNB Finansbank's customer deposits reached TRY 67,832 mil in 2017, up 25.8% 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. QNB Finansbank accounted for 4....
By Helgi Library - June 24, 2018
QNB Finansbank employed 11,854 persons in 2017, down 4.79% when compared to the previous year. Historically, the bank's workforce hit an all time high of 13,967 persons in 2013 and an all time low of 2,811 in 2002. Average cost reached USD 2,336 per month per emp...
By Helgi Library - June 24, 2018
QNB Finansbank employed 11,854 persons in 2017, down 4.79% when compared to the previous year. Historically, the bank's workforce hit an all time high of 13,967 persons in 2013 and an all time low of 2,811 in 2002. Average cost reached USD 2,336 per month per emp...
By Helgi Library - June 24, 2018
QNB Finansbank's cost to income ratio reached 47.5% in 2017, down from 50.0% compared to the previous year. Historically, the bank’s costs reached an all time high of 56.9% of income in 2015 and an all time low of 38.6% in 2006. When compared to total asse...
By Helgi Library - June 24, 2018
QNB Finansbank's cost to income ratio reached 47.5% in 2017, down from 50.0% compared to the previous year. Historically, the bank’s costs reached an all time high of 56.9% of income in 2015 and an all time low of 38.6% in 2006. When compared to total asse...
By Helgi Library - June 24, 2018
QNB Finansbank's non-performing loans reached 5.02% of total loans at the end of 2017, down from 5.81% compared to the previous year. Historically, the NPL ratio hit an all time high of 9.20% in 2002 and an all time low of 2.05% in 2004. Provision coverage ...
By Helgi Library - June 24, 2018
QNB Finansbank's non-performing loans reached 5.02% of total loans at the end of 2017, down from 5.81% compared to the previous year. Historically, the NPL ratio hit an all time high of 9.20% in 2002 and an all time low of 2.05% in 2004. Provision coverage ...
By Helgi Library - June 24, 2018
QNB Finansbank generated total banking revenues of TRY 6,052 mil in 2017, up 18.2% 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 6,052 mil in 2017 and a...
QNB Finansbank has been growing its revenues and asset by 11.6% and 19.7% a year on average in the last 10 years. Its loans and deposits have grown by 19.3% and 18.0% a year during that time and loans to deposits ratio reached 122% at the end of 2017. The company achieved an average return on equity of 12.6% in the last decade with net profit growing 9.57% a year on average. In terms of operating efficiency, its cost to income ratio reached 47.5% in 2017, compared to 50.4% average in the last decade.
Equity represented 9.66% of total assets or 14.7% of loans at the end of 2017. QNB Finansbank's non-performing loans were 5.02% of total loans while provisions covered some 81.5% of NPLs at the end of 2017.
QNB Finansbank stock traded at TRY 5.46 per share at the end of 2017 resulting in a market capitalization of USD 4,836 mil. Over the previous five years, stock price rose by 56.9% or 9.43% a year on average. That’s compared to an average ROE of 10.4% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 11.8x and price to book value (PBV) of 1.50x in 2017.
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