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Turkiye Garanti Bankasi AS (STU:GBKB) Total Assets : €70,770 Mil (As of Mar. 2024)


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What is Turkiye Garanti Bankasi AS Total Assets?

Turkiye Garanti Bankasi AS's Total Assets for the quarter that ended in Mar. 2024 was €70,770 Mil.

During the past 12 months, Turkiye Garanti Bankasi AS's average Total Assets Growth Rate was 66.60% per year. During the past 3 years, the average Total Assets Growth Rate was 55.40% per year. During the past 5 years, the average Total Assets Growth Rate was 39.50% per year. During the past 10 years, the average Total Assets Growth Rate was 21.70% per year.

During the past 13 years, Turkiye Garanti Bankasi AS's highest 3-Year average Total Assets Growth Rate was 55.40%. The lowest was 9.60%. And the median was 15.90%.

Total Assets is connected with ROA %. Turkiye Garanti Bankasi AS's annualized ROA % for the quarter that ended in Mar. 2024 was 3.66%. Total Assets is also linked to Revenue through Asset Turnover. Turkiye Garanti Bankasi AS's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.


Turkiye Garanti Bankasi AS Total Assets Historical Data

The historical data trend for Turkiye Garanti Bankasi AS'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 Garanti Bankasi AS Total Assets Chart

Turkiye Garanti Bankasi AS 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 65,909.64 57,654.93 55,516.26 65,956.78 69,432.62

Turkiye Garanti Bankasi AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 72,347.93 73,659.75 68,588.20 69,432.62 70,770.41

Turkiye Garanti Bankasi AS 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 Garanti Bankasi AS'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 )
=7745.853+61686.765
=69,433

Turkiye Garanti Bankasi AS'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 )
=7358.763+63411.649
=70,770

* 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 Garanti Bankasi AS  (STU:GBKB) Total Assets Explanation

Total Assets is connected with ROA %.

Turkiye Garanti Bankasi AS'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 )
=2562.448/( (69432.617+70770.412)/ 2 )
=2562.448/70101.5145
=3.66 %

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 Garanti Bankasi AS'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 )
=1876.864/( (69432.617+70770.412)/ 2 )
=1876.864/70101.5145
=0.03

* 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 Garanti Bankasi AS Total Assets Related Terms

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Turkiye Garanti Bankasi AS (STU:GBKB) Business Description

Traded in Other Exchanges
Address
Levent Nispetiye Mah. Aytar Cad. No: 2, Besiktas, Istanbul, TUR, 34340
Turkiye Garanti Bankasi AS is an integrated financial services group operating primarily in Turkey, but with subsidiaries in the Netherlands, Russia, and Romania. It is a full-service bank offering corporate, commercial, retail, private, small to midsize enterprise, and investment banking services. Other financial services include insurance, leasing, brokerage, and asset management services. The bank's strategy emphasizes customer service. Its vast majority of its earning assets consist of loans, with strong positioning in consumer loans, mortgages, and auto loans. The company loan portfolio is diversified across various industries, notably real estate and rental services, wholesale and retail trade, and the production industries.

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