Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) Tax Rate %: 23.20% (As of Mar. 2026)


IST:TSKB Turkiye Sinai Kalkinma Bankasi AS IST:TSKB
61 GF Score
Price ₺11.80
GF Value ₺15.74
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Turkiye Sinai Kalkinma Bankasi AS Tax Rate %?

Turkiye Sinai Kalkinma Bankasi AS IST:TSKB -2.32% 61 Tax Rate % is 23.20% as of Mar. 2026. GuruFocus rates IST:TSKB with a GF Score™ of 61/100 and a GF Value™ of ₺15.74 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Turkiye Sinai Kalkinma Bankasi AS's Tax Expense for the three months ended in Mar. 2026 was ₺871 Mil. Turkiye Sinai Kalkinma Bankasi AS's Pre-Tax Income for the three months ended in Mar. 2026 was ₺3,756 Mil. Therefore, Turkiye Sinai Kalkinma Bankasi AS's Tax Rate % for the quarter that ended in Mar. 2026 was 23.20%.

Turkiye Sinai Kalkinma Bankasi AS Tax Rate % Related Terms

Turkiye Sinai Kalkinma Bankasi AS Tax Rate % Historical Data

* Premium members only.

The historical data trend for Turkiye Sinai Kalkinma Bankasi AS's Tax Rate % 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.

Turkiye Sinai Kalkinma Bankasi AS Tax Rate % Chart

Turkiye Sinai Kalkinma Bankasi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.27 21.44 24.65 25.49 24.17

Turkiye Sinai Kalkinma Bankasi AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 20.69 25.86 21.85 29.08 23.20
IST:TSKB
61GF Score
Turkiye Sinai Kalkinma Bankasi AS IST:TSKB
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Turkiye Sinai Kalkinma Bankasi AS Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Turkiye Sinai Kalkinma Bankasi AS's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=3642.285/15069.431
=24.17 %

Turkiye Sinai Kalkinma Bankasi AS's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=871.366/3756.249
=23.20 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 23.20% mean?
Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) has a Tax Rate % of 23.20% as of Mar. 2026.
Is Turkiye Sinai Kalkinma Bankasi AS's Tax Rate % too high?
Turkiye Sinai Kalkinma Bankasi AS's current Tax Rate % is 23.20%. Overall, Turkiye Sinai Kalkinma Bankasi AS has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Turkiye Sinai Kalkinma Bankasi AS's Tax Rate % compare to PNC and USB?
Turkiye Sinai Kalkinma Bankasi AS's Tax Rate % of 23.20% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Turkiye Sinai Kalkinma Bankasi AS's current Tax Rate % is 23.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkiye Sinai Kalkinma Bankasi AS stock overvalued right now?
Based on GuruFocus' analysis, Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺15.74, compared to a current price of ₺11.80 — trading 25% below its estimated fair value. The current Tax Rate % is 23.20%. Turkiye Sinai Kalkinma Bankasi AS's overall GF Score™ is 61/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB), the current Tax Rate % is 23.20% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) Overvalued in 2026?

Based on GuruFocus' analysis, Turkiye Sinai Kalkinma Bankasi AS stock appears to be undervalued. The current stock price of ₺11.80 is trading 25% below its estimated GF Value™ of ₺15.74. GuruFocus considers Turkiye Sinai Kalkinma Bankasi AS to be Modestly Undervalued.

Key valuation signals for IST:TSKB:

  • Tax Rate %: 23.20%
  • GF Value™: ₺15.74 vs. price of ₺11.80 (25% below fair value)
  • GF Score™: 61/100 with 2 warning signs

No single metric tells the full story. See the IST:TSKB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Turkiye Sinai Kalkinma Bankasi AS Business Description

Address Meclisi Mebusan Cad. No. 81 Findikli, Beyoglu, Istanbul, TUR, 34427
Turkiye Sinai Kalkinma Bankasi AS is an investment and development bank principally operating in Turkey. The company provides a broad array of corporate banking, investment banking, and consultancy services.
61GF Score

Get the complete analysis for IST:TSKB

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺11.80
Price
₺15.74
GF Value