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Turkiye Vakiflar Bankasi TAO (IST:VAKBN) Total Assets : ₺3,087,078 Mil (As of Mar. 2024)


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What is Turkiye Vakiflar Bankasi TAO Total Assets?

Turkiye Vakiflar Bankasi TAO's Total Assets for the quarter that ended in Mar. 2024 was ₺3,087,078 Mil.

Warning Sign:

If a company builds assets at 50.6% a year, faster than its revenue growth rate of 17.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Turkiye Vakiflar Bankasi TAO's average Total Assets Growth Rate was 58.50% per year. During the past 3 years, the average Total Assets Growth Rate was 56.00% per year. During the past 5 years, the average Total Assets Growth Rate was 50.60% per year. During the past 10 years, the average Total Assets Growth Rate was 33.80% per year.

During the past 13 years, Turkiye Vakiflar Bankasi TAO's highest 3-Year average Total Assets Growth Rate was 56.00%. The lowest was 15.10%. And the median was 20.30%.

Total Assets is connected with ROA %. Turkiye Vakiflar Bankasi TAO's annualized ROA % for the quarter that ended in Mar. 2024 was 1.77%. Total Assets is also linked to Revenue through Asset Turnover. Turkiye Vakiflar Bankasi TAO's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.


Turkiye Vakiflar Bankasi TAO Total Assets Historical Data

The historical data trend for Turkiye Vakiflar Bankasi TAO's Total Assets 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.

Turkiye Vakiflar Bankasi TAO Total Assets Chart

Turkiye Vakiflar Bankasi TAO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 433,041.13 712,090.52 1,028,901.10 1,709,168.72 2,859,246.23

Turkiye Vakiflar Bankasi TAO Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets 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 1,847,495.93 2,226,825.40 2,493,220.82 2,859,246.23 3,087,077.84

Turkiye Vakiflar Bankasi TAO Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Turkiye Vakiflar Bankasi TAO's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=180875.698+2678370.535
=2,859,246

Turkiye Vakiflar Bankasi TAO's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=194459.381+2892618.454
=3,087,078

* 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.


Turkiye Vakiflar Bankasi TAO  (IST:VAKBN) Total Assets Explanation

Total Assets is connected with ROA %.

Turkiye Vakiflar Bankasi TAO's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=52688.912/( (2859246.233+3087077.835)/ 2 )
=52688.912/2973162.034
=1.77 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Turkiye Vakiflar Bankasi TAO's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=27609.595/( (2859246.233+3087077.835)/ 2 )
=27609.595/2973162.034
=0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Turkiye Vakiflar Bankasi TAO Total Assets Related Terms

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Turkiye Vakiflar Bankasi TAO (IST:VAKBN) Business Description

Traded in Other Exchanges
N/A
Address
Saray Mahallesi Dr. Adnan Buyukdeniz Caddesi No: 7/A-B, Genel Mudurlugu, Umraniye, Istanbul, TUR, 34768
Turkiye Vakiflar Bankasi TAO provides a range of banking products and services through its corporate, commercial and small to midsize enterprise, and retail and private banking business lines. In addition to its core services, the bank also participates in investment banking, insurance, as well as financial leasing and factoring, among other activities. Most of the bank's earning assets are commercial loans, but it also has a significant retail loan book and securities portfolio. The bank operates and has its credit exposed overwhelmingly in the Turkish market.

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