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AKBTY Akbank Turk Anonim Sirketi (QX)

4.24
0.095 (2.29%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Akbank Turk Anonim Sirketi (QX) USOTC:AKBTY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.095 2.29% 4.24 4.20 4.36 4.46 4.20 4.20 12,653 21:00:02

Turkey's Akbank 2Q Net Profit Seen 16% Down -- Market Talk

21/07/2014 4:32pm

Dow Jones News


Akbank Turk Anonim Sirketi (QX) (USOTC:AKBTY)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Akbank Turk Anonim Sirketi (QX) Charts.
   Akbank (AKBNK.IS): 2Q Earnings 
   Due: July 23 
   DJ Survey of 5 Analysts 
 
   Average Net Profit: TRY771M, down 16% (TRY914M in 2Q 2013) 
   Average Net Interest Income: TRY1.64B, up 9.3% (TRY1.5B in 2Q 2013) 
 

Note: Unconsolidated net profit is seen down due to contraction on the core margin spread and high swap costs, according to analysts. However, analysts expect the bank's net interest margins to increase, thanks to higher CPI linkers yield. "We project the bank to record strong trading gains on its securities book, which is likely to neutralize the negative impact of TRY200 million swap costs on the bottom line," says Finansinvest. Analysts will focus on the impact of the trading gains on the bank's bottom line. (yeliz.candemir@wsj.com)

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1 Year Akbank Turk Anonim Sirketi (QX) Chart

1 Year Akbank Turk Anonim Sirketi (QX) Chart

1 Month Akbank Turk Anonim Sirketi (QX) Chart

1 Month Akbank Turk Anonim Sirketi (QX) Chart

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