OTCMKTS:AKBTY - Akbank T.A.S. Stock Price, News, & Analysis

$2.45
-0.08 (-3.16 %)
(As of 07/16/2019 02:36 PM ET)
Today's Range
$2.45
Now: $2.45
$2.59
50-Day Range
$1.8550
MA: $2.28
$2.63
52-Week Range
$1.6850
Now: $2.45
$3.13
Volume38,383 shs
Average Volume66,497 shs
Market Capitalization$6.37 billion
P/E Ratio3.41
Dividend YieldN/A
Beta0.55
Akbank T.A.S. provides various banking products and services. It operates through three segments: Retail Banking; Commercial Banking, SME Banking, and Corporate-Investment and Private Banking; and Treasury. The company's retail banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfers, investment banking, and telephone and Internet banking. It also offers services to large, medium, and small size corporate and commercial customers that include Turkish Lira (TL) and foreign currency denominated working capital loans, foreign trade financing, derivative instruments for hedging purposes of foreign currency and interest risk, letters of credit, foreign currency trading, corporate finance, and deposit and cash management services, as well as project finance loans; and timely and permanent solutions for corporate customers' working capital management, delivering cash management services based on customers' requests that include collection and payment services and liquidity and information management. In addition, the company engages in treasury activities consisting of TL and foreign currency spot and forward transactions, treasury and government bonds, Eurobonds, and private sector bond transactions, as well as derivative trading activities; marketing and pricing activities related treasury products; and the provision of long-term funding services, providing funding facility that reflects country risk, diversifying funding resources, and forming a base of international investors. Further, it engages in leasing activities. As of December 31, 2018, the company operated 780 branches in Turkey and 1 branch internationally. Akbank T.A.S. was founded in 1948 and is headquartered in Istanbul, Turkey.

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolOTCMKTS:AKBTY
CUSIPN/A
CIKN/A
Phone0 212 385 55 55

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.51 billion
Cash Flow$0.8140 per share
Book Value$5.57 per share

Profitability

Miscellaneous

Employees13,884
Outstanding Shares2,600,000,000
Market Cap$6.37 billion
Next Earnings Date7/24/2019 (Estimated)
OptionableNot Optionable

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Akbank T.A.S. (OTCMKTS:AKBTY) Frequently Asked Questions

What is Akbank T.A.S.'s stock symbol?

Akbank T.A.S. trades on the OTCMKTS under the ticker symbol "AKBTY."

When is Akbank T.A.S.'s next earnings date?

Akbank T.A.S. is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for Akbank T.A.S..

Has Akbank T.A.S. been receiving favorable news coverage?

Press coverage about AKBTY stock has been trending somewhat positive this week, according to InfoTrie. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Akbank T.A.S. earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Akbank T.A.S..

Who are some of Akbank T.A.S.'s key competitors?

What other stocks do shareholders of Akbank T.A.S. own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Akbank T.A.S. investors own include Barclays (BCS), Banco Bilbao Vizcaya Argentaria (BBVA), Banco Bradesco (BBD), AngloGold Ashanti (AU), AEGON (AEG), Newmark Group (NMRK), Kraft Heinz (KHC), Hexindai (HX), Grupo Financiero Galicia (GGAL) and BBVA Banco Francés (BBAR).

Who are Akbank T.A.S.'s key executives?

Akbank T.A.S.'s management team includes the folowing people:
  • Mr. Sabri Hakan Binbasgil, CEO & Member of International Advisory Board (Age 59)
  • Mr. Hayri Çulhaci, Exec. Vice Chairman & Member of International Advisory Board (Age 63)
  • Mr. Erol Sabanci, Honorary Chairman & Consultant (Age 81)
  • Mr. Türker Tunali C.F.A., Exec. VP of Financial Management
  • Mr. Ilker Altintas, Exec. VP of Technology & Operations

How do I buy shares of Akbank T.A.S.?

Shares of AKBTY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Akbank T.A.S.'s stock price today?

One share of AKBTY stock can currently be purchased for approximately $2.45.

How big of a company is Akbank T.A.S.?

Akbank T.A.S. has a market capitalization of $6.37 billion and generates $7.51 billion in revenue each year. Akbank T.A.S. employs 13,884 workers across the globe.View Additional Information About Akbank T.A.S..

What is Akbank T.A.S.'s official website?

The official website for Akbank T.A.S. is http://www.akbank.com.tr/.

How can I contact Akbank T.A.S.?

Akbank T.A.S.'s mailing address is SABANCI CENTER 4 LEVEAT, ISTANBUL W8, 34330. The company can be reached via phone at 0 212 385 55 55 or via email at [email protected]


MarketBeat Community Rating for Akbank T.A.S. (OTCMKTS AKBTY)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  173 (Vote Outperform)
Underperform Votes:  211 (Vote Underperform)
Total Votes:  384
MarketBeat's community ratings are surveys of what our community members think about Akbank T.A.S. and other stocks. Vote "Outperform" if you believe AKBTY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AKBTY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/16/2019 by MarketBeat.com Staff

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