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Akbank TAS (Akbank TAS) Net Interest Income (for Banks) : $2,773 Mil (As of Dec. 2023)


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What is Akbank TAS Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Akbank TAS's net interest income for the three months ended in Dec. 2023 was $654 Mil. Its net interest income for the trailing twelve months (TTM) ended in Dec. 2023 was $2,773 Mil.

Akbank TAS's quarterly net interest income increased from Jun. 2023 ($480 Mil) to Sep. 2023 ($916 Mil) but then declined from Sep. 2023 ($916 Mil) to Dec. 2023 ($654 Mil).

Akbank TAS's annual net interest income increased from Dec. 2021 ($1,796 Mil) to Dec. 2022 ($4,239 Mil) but then declined from Dec. 2022 ($4,239 Mil) to Dec. 2023 ($2,368 Mil).


Akbank TAS Net Interest Income (for Banks) Historical Data

The historical data trend for Akbank TAS's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Akbank TAS Net Interest Income (for Banks) Chart

Akbank TAS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Income (for Banks)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,894.50 2,684.00 1,795.89 4,238.75 2,368.41

Akbank TAS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Interest Income (for Banks) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,549.02 723.19 480.04 915.99 654.20

Akbank TAS Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,773 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Akbank TAS (Akbank TAS) Business Description

Industry
Traded in Other Exchanges
Address
Akbank Sabanci Center, 4. Levent, Istanbul, TUR, 34330
Akbank TAS is a Turkish bank whose core business activities include consumer and private, commercial, small to midsize enterprise, and corporate and investment banking services. Other activities include foreign exchange, money markets, and securities transactions. In addition to traditional banking activities, the company provides insurance intermediary services. Approximately half of the bank's outstanding shares are owned by Sabanci Holding, a large Turkish financial conglomerate, and its affiliates. Net interest income contributes to the vast majority of net revenue, followed by net fees and commissions. The banks gives credit exposure to the services industry.

Akbank TAS (Akbank TAS) Headlines

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