Company Turkiye Garanti Bankasi

Company Turkiye Garanti Bankasi

GARAN

TRAGARAN91N1

Banks

Analysts' Consensus

Equities

GARAN

TRAGARAN91N1

Banks

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Banks

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Banks

Market Closed - Borsa Istanbul Other stock markets 11:09:45 2024-04-25 am EDT			5-day change	1st Jan Change
79.1 ^TRY	-0.75%		+6.89%	+35.56%

Mar. 18	Gelecek Varlik Yönetimi Anonim Sirketi acquired Non Performing loans Portfolio of TRY 531.8 million from Turkiye Garanti Bankasi A.S. for TRY 220 million.	CI
Jan. 29	Transcript : Turkiye Garanti Bankasi A.S., 2023 Earnings Call, Jan 29, 2024

Turkiye Garanti Bankasi AS is a Turkey-based banking institution. It operates under the following business segments: Retail Banking, Corporate/Commercial Banking and Investment Banking. The banking products served to customers are: custody services, time and demand deposits, accumulating deposit accounts, repos, overdraft facilities, spot loans, foreign currency indexed loans, consumer loans, automobile and housing loans, working capital loans, discounted bills, gold loans, foreign currency loans, Eximbank loans, pre-export loans, Export Credit Agency (ECA) covered financing, letters of guarantee, letters of credit, export factoring, acceptance credits, draft facilities, forfeiting, leasing, insurance, forward, futures, salary payments, investment account (ELMA), cheques, safety boxes, bill payments, tax collections and payment orders. The Bank provides service packages to its corporate, commercial and retail customers including deposit, loans, leasing and factoring, among others.

Number of employees: 21,878

TRY in Million	2022	Weight	2023	Weight	Delta
Corporate Banking 47.4 %	38,275	31.1 %	85,030	47.4 %	+122.15%
Retail Banking 35.9 %	30,275	24.6 %	64,486	35.9 %	+113.00%
Other 26.9 %	21,561	17.5 %	48,343	26.9 %	+124.22%
Investment Banking -10.3 %	33,091	26.9 %	-18,477	-10.3 %	-155.84%

TRY in Million	2022	Weight	2023	Weight	Delta
Turkey 100.0 %	123,202	100.0 %	179,382	100.0 %	+45.60%

Managers	Title	Age	Since
Recep Bastug CEO	Chief Executive Officer	56	89-08-31
Aydin Güler DFI	Director of Finance/CFO	-	89-12-31
Mahmut Akten CIO	Chief Investment Officer	24	22-05-31
Emre Özbek CMP	Compliance Officer	-	07-06-30
Avni Düren BRD	Director/Board Member	33	09-01-31
Sait Ergun Özen BRD	Director/Board Member	63	91-12-31
Handan Saygin IRC	Investor Relations Contact	-	-
Sibel Kaya PRN	Corporate Officer/Principal	26	96-12-31
Kaya Yildirim PRN	Corporate Officer/Principal	59	88-12-31
Cemal Onaran PRN	Corporate Officer/Principal	-	89-12-31

Members of the board	Title	Age	Since
Süleyman Sözen CHM	Chairman	43	97-05-28
Sait Ergun Özen BRD	Director/Board Member	63	91-12-31
Muammer Cüneyt Sezgin BRD	Director/Board Member	36	04-06-29
Avni Düren BRD	Director/Board Member	33	09-01-31
Jaime Saenz de Tejada Pulido BRD	Director/Board Member	56	14-10-01
Belkis Sema Yurdum BRD	Director/Board Member	-	13-04-29
Recep Bastug CEO	Chief Executive Officer	56	89-08-31
Jorge Saenz-Azcunaga Carranza BRD	Director/Board Member	31	16-03-30
Rafael Salinas de Lecea BRD	Director/Board Member	61	17-05-07
Mevhibe Canan Özsoy BRD	Director/Board Member	60	19-04-03

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	4,200,000,000	589,104,110 ( 14.03 %)	0	14.03 %

Name	Equities	%	Valuation
BBVA 85.97 %	3,610,895,890	85.97 %	7 645 M ₺
BNP PARIBAS ASSET MANAGEMENT Netherlands NV 0.3684 %	15,473,360	0.3684 %	33 M ₺
Aviva Investors Poland Towarzystwo Funduszy Inwestycyjnych SA 0.1631 %	6,850,000	0.1631 %	15 M ₺
Pension Reserves Investment Management Board 0.1382 %	5,803,867	0.1382 %	12 M ₺
Gartmore Investment Ltd. 0.1309 %	5,495,927	0.1309 %	12 M ₺
BNP Paribas Asset Management Belgium SA 0.1055 %	4,432,319	0.1055 %	9 M ₺
Amundi Asset Management SA (Investment Management) 0.1050 %	4,409,091	0.1050 %	9 M ₺
BN Securities AB 0.0876 %	3,677,652	0.0876 %	8 M ₺
Raiffeisen Kapitalanlage-Gesellschaft mbH 0.0845 %	3,547,453	0.0845 %	8 M ₺
TAIB Asset Management 0.0635 %	2,668,212	0.0635 %	6 M ₺

Name	Equities	%	Valuation
Mori Capital Management Ltd. 0.0250 %	1,050,000	0.0250 %	2 M ₺
3K Investment Partners MFMC SA 0.001167 %	49,000	0.001167 %	108 290 ₺
ANIMA Sgr SpA 0.000809 %	33,966	0.000809 %	75 065 ₺
PIMCO Allianz International Advisors LLC 0.000120 %	5,049	0.000120 %	11 158 ₺

Name	Equities	%	Valuation
Laegernes Bank A/S (Invt Mgmt) 0.004871 %	204,573	0.004871 %	452 106 ₺
Yousif Capital Management LLC 0.001543 %	64,823	0.001543 %	143 259 ₺
RhumbLine Advisers LP 0.001103 %	46,336	0.001103 %	102 403 ₺
BlackBridge Capital Management Corp. 0.000087 %	3,650	0.000087 %	8 067 ₺
USA Mutuals Advisors, Inc. 0.000064 %	2,700	0.000064 %	5 967 ₺

Name	Equities	%	Valuation
GARANTI FAKTORING 81.84%	65,062,800	81.84%	347,113,942 $

Turkiye Garanti Bankasi AS

Nispetiye Mahallesi Aytar Caddesi 2 No:2 Besiktas

34340, Istanbul

+90 212 318 18 18

http://www.garantibbva.com.tr

Name	Category and Sector
GARANTI FAKTORING	Finance/Rental/Leasing
GARANTI YATIRIM ORTAKLIGI	Investment Managers
Garanti Yatirim Menkul Kiymetler AS Garanti Yatirim Menkul Kiymetler AS Investment Banks/BrokersFinance Part of Banco Bilbao Vizcaya Argentaria SA, Garanti Yatirim Menkul Kiymetler AS is a brokerage firm based in Istanbul, Turkey. The CEOs are Metin Ar, Utku Ergüder. Garanti Yatirim Menkul Kiymetler provides brokerage services. The Turkish company was founded in 1991 by Ferit Faik Sahenk.	Investment Banks/Brokers
Garanti Finansal Kiralama AS Garanti Finansal Kiralama AS Regional BanksFinance Garanti Finansal Kiralama AS provides banking services. Its services include payment system solutions, software development, architecture and IT security, network and site management, data and platform management operations, business consulting, digital banking solutions and project management. The company is headquartered in Istanbul, Turkey.	Regional Banks
GarantiBank International NV GarantiBank International NV Major BanksFinance GarantiBank International NV offers financial solutions to our customers and counterparties in the areas of trade and commodity finance, cash management, private banking, treasury and structured finance. The firm also provides targeted retail banking services. The company was founded in 1990 and is headquartered in Amsterdam, the Netherlands.	Major Banks
Ralfi IFN SA Ralfi IFN SA Regional BanksFinance Part of Banco Bilbao Vizcaya Argentaria SA, Ralfi IFN SA is a financial services provider. The private company is based in Bucharest, Romania.	Regional Banks
Garanti Portföy Yönetimi AS Garanti Portföy Yönetimi AS Investment ManagersFinance Garanti Portföy Yönetimi AS (Garanti) is an investment management firm headquartered in Istanbul, Turkey. The firm was founded in 1997 and is a subsidiary of Turkiye Garanti Bankasi AS (IST: GARAN). Garanti offers Mutual Funds Management, Pension Funds Management and Private Portfolio Management.	Investment Managers
Garanti Bank SA Garanti Bank SA Major BanksFinance Garanti Bank SA provides banking services. It focuses on retail, bonus card, small and medium-sized enterprises, and corporate. The company was founded in 1998 and is headquartered in Bucharest, Romania.	Major Banks
Garanti Holding BV Garanti Holding BV Major BanksFinance Part of Banco Bilbao Vizcaya Argentaria SA, Garanti Holding BV is a holding Dutch company that operates in the banking and financial services industry. The private company is based in Amsterdam, the Netherlands. The company was founded in 2007. Garanti Holding was acquired by Turkiye Garanti Bankasi AS, a PUB of Banco Bilbao Vizcaya Argentaria SA from Dogus Holding AS on May 27, 2010 for $65.38 million.	Major Banks
Motoractive IFN SA Motoractive IFN SA Financial ConglomeratesFinance Part of Banco Bilbao Vizcaya Argentaria SA, Motoractive IFN SA is a Romanian company that provides investment services. The private company is based in Bucharest, Romania. Motoractive IFN was acquired by Axxess Capital Partners SA on September 30, 1998.	Financial Conglomerates
Garanti Filo Yönetim Hizmetleri AS Garanti Filo Yönetim Hizmetleri AS Finance/Rental/LeasingFinance Part of Banco Bilbao Vizcaya Argentaria SA, Garanti Filo Yönetim Hizmetleri AS is a private company based in Istanbul, Turkey. Garanti Filo Yönetim Hizmetleri AS provides long term car hire service. The CEO of the Turkish company is Aysegul Gulgor.	Finance/Rental/Leasing
Garanti Bank (Malta Branch) Garanti Bank (Malta Branch) Regional BanksFinance Part of Banco Bilbao Vizcaya Argentaria SA, Garanti Bank (Malta Branch) is a commercial bank that provides banking services. The private company is based in Sliema, Malta.	Regional Banks
Garanti Portföy Birinci Degisken Fon	Investment Trusts/Mutual Funds
Garanti Portföy Eurobond Borçlanma Araçlari (Döviz) Fonu	Investment Trusts/Mutual Funds
Garanti Portföy Ikinci Degisken Fon	Investment Trusts/Mutual Funds
Garanti Portföy Istanbull Serbest Fon	Investment Trusts/Mutual Funds
Garanti Portföy Üçüncü Degisken Fon	Investment Trusts/Mutual Funds
Garanti Portföy ING Bank Özel Bankacilik ve Platinum Degisken	Investment Trusts/Mutual Funds
G Netherlands B.V. G Netherlands B.V. MiscellaneousMiscellaneous Part of Banco Bilbao Vizcaya Argentaria SA, G Netherlands B.V. functions as an investment holding Dutch company and provides financial services. The private company is based in Amsterdam, Netherlands.	Miscellaneous

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

79.1 TRY

Average target price

77.19 TRY

Spread / Average Target

-2.42%

Consensus

Estimates Revisions

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