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ICBC Turkey Bank AS (IST:ICBCT) 5-Year RORE % : 5.63% (As of Sep. 2024)


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What is ICBC Turkey Bank AS 5-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. ICBC Turkey Bank AS's 5-Year RORE % for the quarter that ended in Sep. 2024 was 5.63%.

The industry rank for ICBC Turkey Bank AS's 5-Year RORE % or its related term are showing as below:

IST:ICBCT's 5-Year RORE % is ranked worse than
61.7% of 1410 companies
in the Banks industry
Industry Median: 11.255 vs IST:ICBCT: 5.63

ICBC Turkey Bank AS 5-Year RORE % Historical Data

The historical data trend for ICBC Turkey Bank AS's 5-Year RORE % 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.

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ICBC Turkey Bank AS 5-Year RORE % Chart

ICBC Turkey Bank AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.72 38.17 44.21 73.13 98.13

ICBC Turkey Bank AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
5-Year RORE % 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 98.26 98.13 97.44 5.92 5.63

Competitive Comparison of ICBC Turkey Bank AS's 5-Year RORE %

For the Banks - Regional subindustry, ICBC Turkey Bank AS's 5-Year RORE %, along with its competitors' market caps and 5-Year RORE % 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.


ICBC Turkey Bank AS's 5-Year RORE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ICBC Turkey Bank AS's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where ICBC Turkey Bank AS's 5-Year RORE % falls into.



ICBC Turkey Bank AS 5-Year RORE % Calculation

ICBC Turkey Bank AS's 5-Year RORE % for the quarter that ended in Sep. 2024 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( 6.654-0.122 )/( 115.988-0 )
=6.532/115.988
=5.63 %

* 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 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2024 and 5-year before.


ICBC Turkey Bank AS  (IST:ICBCT) 5-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 5-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


ICBC Turkey Bank AS 5-Year RORE % Related Terms

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ICBC Turkey Bank AS Business Description

Traded in Other Exchanges
N/A
Address
Maslak Mah. Dereboyu/2 Caddesi No: 13, Sar?yer, Istanbul, TUR, 34398
ICBC Turkey Bank AS is a bank engaged in corporate and retail banking activities. The operations of the company consist of corporate, commercial, and retail banking services, international transactions, and securities trading in capital markets, which are conducted mainly with local customers. The company has three segments, namely Retail Banking, which includes loans, deposits, and other transactions and balances with retail customers; Corporate Banking includes loans, deposits, and other transactions and balances with corporate and SME customers; and Treasury, Investment Banking, and others include funds management and treasury activities. It derives key revenue from the Corporate banking segment.

ICBC Turkey Bank AS Headlines

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