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Yapi Ve Kredi Bankasi AS (IST:YKBNK) Return-on-Tangible-Equity : 23.21% (As of Mar. 2024)


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What is Yapi Ve Kredi Bankasi AS Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Yapi Ve Kredi Bankasi AS's annualized net income for the quarter that ended in Mar. 2024 was ₺41,208 Mil. Yapi Ve Kredi Bankasi AS's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₺177,550 Mil. Therefore, Yapi Ve Kredi Bankasi AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 23.21%.

The historical rank and industry rank for Yapi Ve Kredi Bankasi AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:YKBNK' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.42   Med: 13.18   Max: 56.63
Current: 41.92

During the past 13 years, Yapi Ve Kredi Bankasi AS's highest Return-on-Tangible-Equity was 56.63%. The lowest was 9.42%. And the median was 13.18%.

IST:YKBNK's Return-on-Tangible-Equity is ranked better than
97.59% of 1455 companies
in the Banks industry
Industry Median: 10.7 vs IST:YKBNK: 41.92

Yapi Ve Kredi Bankasi AS Return-on-Tangible-Equity Historical Data

The historical data trend for Yapi Ve Kredi Bankasi AS's Return-on-Tangible-Equity 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.

Yapi Ve Kredi Bankasi AS Return-on-Tangible-Equity Chart

Yapi Ve Kredi Bankasi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.42 11.98 19.62 56.63 45.08

Yapi Ve Kredi Bankasi AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity 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 39.66 34.30 65.99 45.79 23.21

Competitive Comparison of Yapi Ve Kredi Bankasi AS's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Yapi Ve Kredi Bankasi AS's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Yapi Ve Kredi Bankasi AS's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Yapi Ve Kredi Bankasi AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Yapi Ve Kredi Bankasi AS's Return-on-Tangible-Equity falls into.



Yapi Ve Kredi Bankasi AS Return-on-Tangible-Equity Calculation

Yapi Ve Kredi Bankasi AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=68008.836/( (124900.415+176841.809 )/ 2 )
=68008.836/150871.112
=45.08 %

Yapi Ve Kredi Bankasi AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=41207.552/( (176841.809+178257.326)/ 2 )
=41207.552/177549.5675
=23.21 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Yapi Ve Kredi Bankasi AS  (IST:YKBNK) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Yapi Ve Kredi Bankasi AS Return-on-Tangible-Equity Related Terms

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Yapi Ve Kredi Bankasi AS (IST:YKBNK) Business Description

Traded in Other Exchanges
N/A
Address
Yap? Kredi Plaza D Blok Levent, Istanbul, TUR, 34330
Yapi Ve Kredi Bankasi AS is a banking group operating in, and with its credit exposed nearly entirely to Turkey. The company's strategy emphasizes growth, profitability, and customer satisfaction. The Bank carries out its banking operations through two main business units Retail Banking and Corporate and Commercial Banking. The group also has domestic financial subsidiaries in asset management, brokerage, leasing, and factoring. An overwhelming majority of its outstanding shares are held by Koç Group, a largest conglomerate in Turkey. The group's largest contributor to revenue is retail banking, which includes card payment systems, as well as individual and small to midsize enterprise banking.

Yapi Ve Kredi Bankasi AS (IST:YKBNK) Headlines

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