1. Türkiye Stocks

  2. •

    Financial Services

  3. •

    Banks - Regional
Turkiye Garanti Bankasi A.S.

Turkiye Garanti Bankasi A.S.

TKGBF
Turkiye Garanti Bankasi A.S.US flagOther OTC
3.14
USD
- -
- -
13.19BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.64
2.95
3.31
4.03
4.68
6.74
7.34
9.33
14.63
31.67
47.46
68.37
97.7
81.74
Basic EPS, GAAP
0.79
0.87
0.85
1.22
1.51
1.58
1.47
1.5
3.21
13.88
20.57
21.72
26.15
23.82
Free Cash Flow per Basic Share
-0.08
0.36
0.49
0.29
-1.36
3.21
3.29
-0.23
7.39
10.39
44.33
-36.97
-1.29
-9.91
Dividend per Share
0.14
0.1
0.14
0.14
0.3
0.46
- -
- -
0.15
0.31
2.09
3.18
4.52
4.52
Book Value per Share
1.79
1.87
1.85
2.22
2.51
2.58
2.47
2.55
4.34
15.14
21.57
22.73
27.17
13.62
Tangible Book Value per Share
5.45
6.29
7.37
8.44
9.82
11.06
12.75
14.71
18.89
36.16
57.87
77.87
104.48
88.7
Basic Weighted Avg Shares
4,201
4,202
4,198
4,200
4,200
4,200
4,200
4,200
4,200
4,200
4,200
4,200
4,200
4,200
Sales/Revenue/Turnover
11,106
12,376
13,907
16,910
19,646
28,319
30,812
39,193
61,462
133,007
199,324
287,168
410,337
343,286
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
241
259
287
341
394
467
868
902
943
1,242
2,246
3,707
6,320
2,319
Net Income, GAAP
3,314
3,647
3,581
5,105
6,332
6,642
6,165
6,305
13,467
58,285
86,375
91,243
109,816
100,028
Effective Tax Rate (%)
23.59
22.87
22.41
20.69
23.49
23.39
23.63
30.66
26.2
24
18.82
25.62
27.9
26.67
Profit Margin (%)
29.84
29.47
25.75
30.19
32.23
23.45
20.01
16.09
21.91
43.82
43.33
31.77
26.76
29.14
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
44,924
52,368
55,031
62,447
70,063
66,315
51,974
56,080
82,942
81,858
150,115
223,969
504,313
343,485
Total Equity
23,016
26,661
31,204
35,796
41,606
46,887
54,051
62,409
80,301
153,124
245,622
331,409
446,636
379,130
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
44.07
47.49
45.83
59.76
63.84
62.15
58.14
59.83
93.1
142.49
112.05
98.08
104.79
189.51

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,200
4,200
4,200
Market Capitalization
325,506
349,590
367,276

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
591,842
793,599
804,780
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
32.38%
49.89%
34.77%
Free Cash Flow
-424.68%
-640.75%
-96.52%
Net Income, GAAP
58.72%
104.12%
20.36%
Sales/Revenue/Turnover
42.8%
62.01%
42.89%
Total Cash Common Dividend
- -
18,482.07%
42.14%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
65,306
65,504
68,922
87,437
287,168
2025
91,033
95,894
117,152
- -
410,337
2026
132,137
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5.31
5.21
5.27
- -
21.72
2025
5.98
6.63
- -
- -
26.15
2026
7.89
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.23
1.95
- -
- -
3.18
2025
1.85
2.66
- -
- -
4.52
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Mahmut Akten
Full Time Employees
22,538
Sector
Financial Services
Industry
Banks - Regional
Address
Levent Nispetiye Mah.Aytar Cad. Istanbul Türkiye 34340
IPO Date
Sep 8, 2009
Website
garantibbva.com.tr
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Business
Turkiye Garanti Bankasi A.S. (Garanti BBVA) is Turkey’s second-largest private bank, founded in Ankara in 1946 and headquartered in Istanbul. It offers a comprehensive range of financial products and services including retail banking; corporate, commercial, and SME banking; private and investment banking; payment systems; leasing; factoring; pension and life insurance; investment and portfolio management. The bank operates through an extensive network of approximately 790 domestic branches, 7 foreign branches (including 6 in Northern Cyprus and one in Malta), international representative offices in Düsseldorf and Shanghai, over 6,000 ATMs, digital platforms, and award-winning call centers. It serves more than 28 million customers with diversified financial solutions covering loans, deposits, credit cards, asset management, brokerage, and sustainable finance solutions. Garanti BBVA is majority-owned (85.97%) by Banco Bilbao Vizcaya Argentaria S.A. (BBVA) and maintains operations as an integrated financial services group in Turkey, the Netherlands, and Romania. The company has recently emphasized strategic priorities around sustainable growth, customer experience, and technology investment, particularly in artificial intelligence and digital banking. In 2025, it targeted providing 400 billion Turkish lira in sustainable financing, supporting carbon transition projects and green finance. The bank successfully executed a USD 500 million bond issuance and renewed a syndicated loan with full rollover. It reported strong financials in 2024 and 2025, including notable loan growth and asset quality maintenance amid market challenges. Garanti BBVA also continues to develop new product offerings and enhance omni-channel customer convenience to underpin its disciplined and sustainable growth strategy in the Turkish banking sector.

Company News

APIChat

  • seekingalpha.com

    Turkiye Garanti Bankasi A.S. (TKGBF) Q1 2025 Earnings Call Transcript

  • seekingalpha.com

    Turkiye Garanti Bankasi A.S. (TKGBF) Q4 2024 Earnings Call Transcript

  • seekingalpha.com

    Turkiye Garanti Bankasi A.S. (TKGBF) Q3 2024 Earnings Call Transcript