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Akbank Turk Anonim Sirketi 10/24/2024 Earnings Report

Akbank Turk Anonim Sirketi logo
$3.23 -0.10 (-2.86%)
As of 10:54 AM Eastern

Akbank Turk Anonim Sirketi EPS Results

Actual EPS
$0.10
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Akbank Turk Anonim Sirketi Revenue Results

Actual Revenue
$1.18 billion
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Akbank Turk Anonim Sirketi Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Upcoming Earnings

Akbank Turk Anonim Sirketi's next earnings date is estimated for Tuesday, July 29, 2025, based on past reporting schedules.

Conference Call Resources

Akbank Turk Anonim Sirketi Earnings Headlines

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About Akbank Turk Anonim Sirketi

Akbank Türk Anonim Şirketi, established in 1948 and headquartered in Istanbul, is one of Turkey’s leading private banks. Founded by members of the Sabancı family, the bank has grown into a full‐service financial institution offering a broad spectrum of banking and financial services. With a nationwide branch network and extensive ATM infrastructure, Akbank serves retail customers, small and medium‐sized enterprises, and large corporate clients throughout Turkey.

The bank’s core business activities encompass deposit taking, consumer and mortgage lending, credit card issuance, and commercial financing. In the corporate arena, Akbank provides working capital loans, trade finance, project and infrastructure finance, cash management solutions, and leasing and factoring services. Its investment banking arm offers advisory services for mergers and acquisitions, debt and equity capital markets transactions, and corporate restructuring.

Akbank has made significant investments in digital banking, operating advanced internet and mobile platforms that support account management, payments, foreign exchange, and investment services. The bank also offers private banking and wealth management for high‐net‐worth individuals, alongside insurance and pension products through its subsidiaries and affiliates. Innovation initiatives include partnerships with fintech firms and the development of digital payment solutions tailored for both individual and corporate users.

The bank maintains an international presence with branches and representative offices in Europe and the Middle East, including operations in Germany, the Netherlands, Malta, Luxembourg and the United Kingdom, catering to Turkish expatriates and local customers. Majority ownership remains with the Sabancı Group, and governance is overseen by a board of directors chaired by Hüseyin Ateş, supported by a management team focused on strategic growth, digital transformation and sustainable banking practices.

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