- Vakifbank reported a net income of 40.4 billion liras for the fiscal year, exceeding estimates of 39.66 billion liras.
- The reported net income represents a 61% increase compared to the previous year.
- Net interest income reached 99 billion liras, reflecting a significant 90% year-over-year growth.
- Net fee and commission income was reported at 46.5 billion liras, marking an 81% increase from the previous year.
- Analyst recommendations for the bank include 10 buy ratings, 5 hold ratings, and 3 sell ratings.
A look at Turkiye Vakiflar Bankasi Tao Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
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
Turkiye Vakiflar Bankasi T.A.O. is positioned to have a strong long-term outlook based on the Smartkarma Smart Scores analysis. The company scores highly in Value, Growth, and Momentum, indicating positive indicators in these areas. With a solid Value score of 4, the company is considered to be priced attractively relative to its fundamentals. Additionally, a Growth score of 4 suggests potential for future expansion and profitability. The high Momentum score of 5 highlights strong market performance and investor interest, which could drive the company’s growth trajectory.
However, Turkiye Vakiflar Bankasi T.A.O. does face challenges in terms of Dividend and Resilience, with scores of 1 and 2 respectively. The low Dividend score indicates a lower propensity for distributing profits to shareholders, while the Resilience score suggests vulnerability to market fluctuations and external pressures. Investors should consider these factors alongside the positive indicators when evaluating the company’s overall outlook.
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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