- Isbank reported a net income of 12.4 billion liras for the first quarter, surpassing estimates of 9.65 billion liras despite a year-over-year decline of 11%.
- Net interest income for the quarter totaled 17.7 billion liras, marking an 11% increase compared to the previous year.
- Fee and commission income saw a significant rise, reaching 27 billion liras, an increase of 39% from the same period last year.
- Analysts’ ratings for Isbank include 15 buy recommendations, 7 hold, and 1 sell.
A look at Turkiye Is Bankasi Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Following the Smartkarma Smart Scores assessment, Turkiye Is Bankasi shows a promising long-term outlook. With a top score in Value and a strong score in Dividend, the company is positioned well in terms of financial stability and potential returns for investors. The average scores in Growth, Resilience, and Momentum suggest a steady performance and a solid foundation for future growth.
Turkiye Is Bankasi, also known as Isbank, is a leading provider of banking services in Turkey, catering to retail, corporate, and public sector clients. In addition to traditional banking services, Isbank offers a range of financial products including asset management, capital markets, brokerage, and insurance services. The company’s strategic equity investments in Turkish industries, particularly in the glass sector, further diversify its portfolio and strengthen its position in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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