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Akbank T.A.S. Stock Forecast, Price & News

+0.04 (+3.08 %)
(As of 09/25/2020 12:00 AM ET)
Today's Range
Now: $1.34
50-Day Range
MA: $1.32
52-Week Range
Now: $1.34
Volume2,533 shs
Average Volume72,698 shs
Market Capitalization$3.48 billion
P/E RatioN/A
Dividend YieldN/A
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.57 out of 5 stars

Industry, Sector and Symbol

Industry National commercial banks
Phone0 212 385 55 55



Sales & Book Value

Annual Sales$8.17 billion
Cash Flow$0.63 per share
Book Value$4.52 per share



Outstanding Shares2,600,000,000
Market Cap$3.48 billion
Next Earnings DateN/A
OptionableNot Optionable
+0.04 (+3.08 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

How has Akbank T.A.S.'s stock been impacted by COVID-19?

Akbank T.A.S.'s stock was trading at $2.1725 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AKBTY stock has decreased by 38.3% and is now trading at $1.34.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Akbank T.A.S.?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Akbank T.A.S. in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Akbank T.A.S.

Are investors shorting Akbank T.A.S.?

Akbank T.A.S. saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 30,900 shares, an increase of 209.0% from the August 31st total of 10,000 shares. Based on an average trading volume of 23,300 shares, the short-interest ratio is currently 1.3 days.
View Akbank T.A.S.'s Short Interest

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

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

Akbank T.A.S.'s management team includes the following 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

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

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

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, Robinhood, 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 $1.34.

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

Akbank T.A.S. has a market capitalization of $3.48 billion and generates $8.17 billion in revenue each year. Akbank T.A.S. employs 13,367 workers across the globe.

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

The official website for Akbank T.A.S. is 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]

This page was last updated on 9/26/2020 by MarketBeat.com Staff

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