Akbank T.A.S.
AKBNK.IS

$9.12 B
Marketcap
$1.75
Share price
Country
$0.11
Change (1 day)
$2.05
Year High
$0.89
Year Low
Categories

Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. It operates through: Retail Banking; Commercial Banking, SME Banking, Corporate-Investment and Private Banking; and Treasury segments. The company's retail banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking. It also offers services to large, medium, and small size corporate and commercial customers that include Turkish Lira (TL) and foreign currency denominated working capital loans financing for investments, foreign trade financing, derivative instruments for hedging purposes of foreign currency and interest risk, letters of credit, foreign currency trading, corporate finance, and deposit and cash management services, as well as project finance loans; and timely and permanent solutions for corporate customers' working capital management, delivering cash management services based on customers' requests that include collection and payment services and liquidity and information management. In addition, the company engages in treasury activities consisting of TL and foreign currency spot and forward transactions, treasury and government bonds, Eurobonds, and private sector bond transactions, as well as derivative trading activities; and marketing and pricing activities related treasury products. Further, it provides financial leasing services, stock exchange brokerage services, and portfolio management, as well as offers payment services and issues electronic money. As of December 31, 2021, the company operated 710 branches. Akbank T.A.S. was founded in 1948 and is headquartered in Istanbul, Turkey.

marketcap

P/E ratio for Akbank T.A.S. (AKBNK.IS)

P/E ratio as of 2023: 2.86

According to Akbank T.A.S.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.86. At the end of 2022 the company had a P/E ratio of 1.69.

P/E ratio history for Akbank T.A.S. from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 2.86
2022 1.69
2021 3.09
2020 5.76
2019 7.59
2018 4.13
2017 6.54
2016 6.45
2015 8.31
2014 10.26
2013 8.72
2012 11.72
2011 9.32
2010 11.77
2009 10.59
2008 8.06
2007 12.80
2006 11.99
2005 13.76
2004 14.12
2003 5.44
2002 60.33