Turkiye Sinai Kalkinma Bankasi A.S.

Turkiye Sinai Kalkinma Bankasi A.S.

BBIST:TSKB
8.87
TRY
-0.40
(-4.31%)
33.26BMarket Cap
Nov 02Next Earn
Turkiye Sinai Kalkinma Bankasi A.S.
BIST:TSKB
(Istanbul Exchange)

Recent

price

8.87

P/E

ratio

- -

div

yld

6.08%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TRY
0.14
0.14
0.18
0.18
0.22
0.24
0.31
0.42
0.52
0.56
0.77
1.27
3.08
5.01
5.8
7.53
- -
Revenue per Share
0.08
0.09
0.12
0.11
0.13
0.15
0.19
0.26
0.24
0.26
0.25
0.39
1.42
2.49
3.65
4.04
- -
Basic EPS, GAAP
-0.02
0.08
0.07
0.13
-0.1
0.2
-0.61
-0.62
-0.02
0.64
0.43
1.27
3.3
-0.57
-3.37
4.84
1.78
Free Cash Flow per Basic Share
0.01
0.02
0.02
0.02
0.03
0.03
0.03
0.04
0.04
- -
- -
0.03
- -
- -
- -
- -
0.54
Dividend per Share
0.46
0.52
0.66
0.69
0.84
0.97
1.1
1.31
1.48
1.84
2.17
2.48
4.56
7.65
11.63
16.32
17.97
Book Value per Share
0.46
0.52
0.65
0.69
0.84
0.97
1.1
1.31
1.48
1.83
2.17
2.47
4.56
7.65
11.63
16.31
17.96
Tangible Book Value per Share
2,737
2,824
2,731
2,880
2,792
2,795
2,395
2,397
2,795
2,799
2,804
2,801
2,799
2,799
2,800
2,800
2,784
Basic Weighted Avg Shares
386
408
498
517
623
663
737
1,017
1,466
1,560
2,154
3,546
8,629
14,029
16,247
21,076
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
4
3
3
3
3
5
6
6
6
9
9
11
16
27
37
70
- -
Depreciation Expense
228
261
317
304
373
407
443
611
671
731
712
1,081
3,980
6,965
10,222
11,324
- -
Net Income, GAAP
20.68
19.66
19
20.27
19.78
19.7
21.26
18.13
27.4
21.14
24.23
26.27
21.44
24.65
25.49
24.17
- -
Effective Tax Rate (%)
59.02
63.9
63.67
58.77
59.95
61.42
60.14
60.08
45.75
46.82
33.07
30.49
46.13
49.65
62.92
53.73
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
78
7,309
7,396
9,489
11,231
15,838
20,580
24,608
32,753
35,997
44,611
76,218
99,412
152,292
195,175
279,107
320,357
LT Debt
1,399
1,557
1,919
2,018
2,424
2,784
3,143
3,711
4,184
5,179
6,131
7,022
12,992
21,825
33,153
46,464
51,223
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
6.57
5.08
3.4
3
2.96
2.5
2.13
2.37
2.08
1.86
1.56
1.59
3.94
4.73
5.01
4.05
- -
Return on Capital (%)
18.88
18.9
19.24
16.09
17.37
16.05
15.28
18.13
17.19
15.73
12.7
16.62
40.4
40.74
37.86
28.94
- -
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,800
2,800
2,800
Market Capitalization
34,580
31,108
33,264

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
24,590
23,264
28,088
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
34.55%
51.92%
40.15%
Free Cash Flow
-374.6%
97.43%
-243.72%
Net Income, GAAP
51.54%
90.5%
10.78%
Sales/Revenue/Turnover
45.39%
63.22%
29.73%
Total Cash Common Dividend
- -
- -
25%

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,598
4,118
4,230
4,556
16,247
2025
4,125
6,468
- -
7,321
21,076
2026
4,641
6,209
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.7
0.86
0.96
1.13
3.65
2025
1.1
1.22
- -
0.72
4.04
2026
1.02
1.08
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
0.54
- -
- -
- -
- -
Business
Türkiye Sinai Kalkınma Bankası A.S. (TSKB.IS) operates as a development bank in Turkey, providing medium- and long-term financing solutions to support industrial development, sustainable projects, and economic growth initiatives. The bank offers project financing, working capital loans, leasing services, and investment banking products including mergers and acquisitions advisory, underwriting, and structured finance; it also provides sustainability-linked loans, green bonds, and energy efficiency financing tailored for renewable energy, manufacturing, and infrastructure sectors. TSKB serves corporate clients across industries such as energy, manufacturing, technology, and tourism, with operations primarily focused in Turkey and select international project financing in emerging markets. Founded in 1950 and headquartered in Istanbul, Turkey, the bank functions as a subsidiary of a consortium of leading Turkish industrial conglomerates and maintains strategic partnerships with international financial institutions for co-financing sustainable development projects. In recent developments, TSKB expanded its green finance portfolio through the issuance of its latest sustainability bonds in 2024 and formed alliances for offshore wind projects, while enhancing digital banking platforms to support ESG-compliant lending amid Turkey's energy transition goals.