Akbank T.A.S. (AKBTY) Stock

About Akbank T.A.S.

Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. The company's consumer 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 services. 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 working capital management, delivering cash management services based on customers' requests, such as collection and payment, and liquidity and information management services. In addition, the company engages in 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 to treasury products. Further, it provides foreign exchange, and TL clearing; financial leasing, investment and pension funds management, portfolio management, and payment services as well as issues electronic money. Akbank T.A.S. was incorporated in 1948 and is headquartered in Istanbul, Turkey.

Akbank T.A.S. is headquartered in TR.

Akbank T.A.S. (AKBTY) stock trades at $2.77 with a market capitalization of $7.20B. The stock is valued at a price-to-earnings (P/E) ratio of 5.59, price-to-book of 1.16, price-to-sales of 0.43. Over the past 52 weeks the stock has ranged between $2.51 and $4.24, and currently trades 34.7% below its 52-week high. It pays a dividend yielding 3.61%.

On profitability, Akbank T.A.S. generates a return on equity (ROE) of 21.82% — well above the market average, a sign of a high-quality business, return on capital employed of 2.64%, an operating margin of 10.49%, a net profit margin of 7.70%.

Official website: www.akbank.com