Turkiye Garanti Bankasi A.S. provides various banking products and services. It offers current, savings, time and term deposit, ELMA, structured deposit, and gold accounts; and general purpose, auto, revolving, house, discount, SME project, installment, working capital, foreign currency, mortgage, and other loans, as well as spot TL and foreign currency, letters of guarantee and reference, and overdraft accounts. The company also provides various cards; and auto, liability, health, unemployment, life, house, individual accident, automobile, business premises, fire, freight, engineering, accident, loan, and agriculture insurance products, as well as pension products. In addition, it offers mutual funds, T-bills/government bonds, Eurobonds, repos, equities, dual currency deposit transactions, Turkish derivatives exchange, e-trader, forward transactions, and taxation services; cash management services; and SME specific products, such as support packages, foreign trade financing and legislation, and related services. Further, the company provides leasing, fleet management, factoring, investment and private banking, payment, safety box, and Internet and mobile/SMS banking services. As of December 31, 2021, the company operated 872 branches and 5,401 ATMs. Turkiye Garanti Bankasi A.S. was founded in 1946 and is headquartered in Istanbul, Turkey. As of May 18, 2022, Turkiye Garanti Bankasi A.S. operates as a subsidiary of Banco Bilbao Vizcaya Argentaria, S.A.
Revenue of Turkiye Garanti Bankasi A.S. (GARAN.IS)
Revenue in 2023 (TTM): $9.74 B
According to Turkiye Garanti Bankasi A.S.'s latest financial reports the company's current revenue (TTM) is $9.74 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Turkiye Garanti Bankasi A.S.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $9.74 B | $9.74 B | $145.55 M | $3.03 B | $2.52 B |
| 2022 | $3.88 B | $3.88 B | $3.58 B | $2.25 B | $1.7 B |
| 2021 | $1.8 B | $1.8 B | $545.52 M | $521.55 M | $392.76 M |
| 2020 | $1.14 B | $1.14 B | $292.54 M | $268.57 M | $183.89 M |
| 2019 | $898.65 M | $898.65 M | $261.44 M | $238.35 M | $179.8 M |
| 2018 | $825.94 M | $825.94 M | $861.1 M | $255.31 M | $193.71 M |
| 2017 | $573.24 M | $572.98 M | $623 M | $243.51 M | $184.68 M |
| 2016 | $448.42 M | $493.2 M | $500.22 M | $184.89 M | $146.1 M |
| 2015 | $405.6 M | $405.6 M | $396.64 M | $135.9 M | $104.44 M |
| 2014 | $359.45 M | $359.45 M | $383.79 M | $139.52 M | $106.54 M |
| 2013 | $326.34 M | $326.34 M | $333.91 M | $129.87 M | $98.61 M |
| 2012 | $284.68 M | $284.68 M | $347.37 M | $125.73 M | $97.24 M |
| 2011 | $259.58 M | $259.58 M | $309.55 M | $124.72 M | $97.01 M |
| 2010 | $244.14 M | $244.14 M | $276.88 M | $125.49 M | $98.61 M |
| 2009 | $246.99 M | $246.99 M | $287.03 M | $114.89 M | $90 M |
| 2008 | $167.11 M | $167.11 M | $266.94 M | $68.44 M | $54.81 M |
| 2007 | $156.7 M | $156.7 M | $229.86 M | $85.13 M | $70.4 M |
| 2006 | $105 M | $105 M | $149.14 M | $42.73 M | $33.99 M |
| 2005 | $ | $ | $33.11 M | $29.3 M | $21.84 M |