- Yapi Kredi’s net income for the second quarter is 11.33 billion liras, surpassing the estimated 10.29 billion liras, marking a 59% increase year-over-year.
- The bank’s net fee and commission income reached 26.79 billion liras, showcasing a 48% rise compared to the previous year.
- Net interest income climbed to 30.99 billion liras, exceeding the 28.89 billion liras estimate, with an 82% increase year-over-year.
- For the first half of the year, Yapi Kredi’s net income accumulated to 22.75 billion liras.
- Market sentiment towards Yapi Kredi is positive with 16 buy ratings, 6 hold ratings, and no sell ratings.
A look at Yapi Ve Kredi Bankasi As Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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
Analysts using the Smartkarma Smart Scores have provided an optimistic long-term outlook for Yapi Ve Kredi Bankasi As. With a top-tier score of 5 in Dividend and Momentum, the bank is poised for strong performance in rewarding shareholders and showing positive market momentum. Additionally, a solid score of 4 in both Value and Growth indicates promising potential for the company’s financial health and future expansion.
Despite a slightly lower score of 3 in Resilience, Yapi Ve Kredi Bankasi As remains well-positioned in the market. The bank offers a wide range of financial services, including retail and corporate banking, asset management, and insurance products. With interests in various sectors like publishing, real estate, and telecommunications, the company demonstrates diversified revenue streams and a robust business model.
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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