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AKBTY (Akbank TAS) Market Cap : $9,204 Mil (As of Dec. 15, 2024)


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What is Akbank TAS Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Akbank TAS's share price for the quarter that ended in Sep. 2024 was $3.5955. Akbank TAS's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 2,600 Mil. Therefore, Akbank TAS's market cap for the quarter that ended in Sep. 2024 was $9,348 Mil.

Akbank TAS's quarterly market cap increased from Mar. 2024 ($7,592 Mil) to Jun. 2024 ($10,088 Mil) but then declined from Jun. 2024 ($10,088 Mil) to Sep. 2024 ($9,348 Mil).

Akbank TAS's annual market cap increased from Dec. 2021 ($2,730 Mil) to Dec. 2022 ($5,309 Mil) and increased from Dec. 2022 ($5,309 Mil) to Dec. 2023 ($6,422 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Akbank TAS's Enterprise Value for Today is $5,494 Mil.


Akbank TAS Market Cap Historical Data

The historical data trend for Akbank TAS's Market Cap 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 Market Cap Chart

Akbank TAS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,046.00 4,940.00 2,730.00 5,309.20 6,422.00

Akbank TAS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap 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 6,240.00 6,422.00 7,592.00 10,088.00 9,348.30

Competitive Comparison of Akbank TAS's Market Cap

For the Banks - Regional subindustry, Akbank TAS's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Akbank TAS's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Akbank TAS's Market Cap distribution charts can be found below:

* The bar in red indicates where Akbank TAS's Market Cap falls into.



Akbank TAS Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Akbank TAS's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$2.47*2600
=$6,422

Akbank TAS's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=$3.5955*2600
=$9,348

* 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  (OTCPK:AKBTY) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Akbank TAS Market Cap Related Terms

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Akbank TAS Business Description

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 Headlines