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Turkiye Garanti Bankasi (TKGBY)
:TKGBY
RESEARCH TOOLSreports
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.16Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 28, 2025
|% Change Since: 5.99%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Neutral
Garanti BBVA delivered strong financial results in the first quarter of 2025 with significant growth in net income and core banking income. The bank also achieved notable market share gains in deposits. However, challenges include a revised upward inflation estimate, a worsening current account deficit, and a slight increase in NPL ratio. The potential postponement in margin recovery poses a risk to future performance.Company Guidance
In the first quarter of 2025, Garanti BBVA provided guidance on various financial metrics amid a robust economic backdrop and market volatility. The bank anticipates a GDP growth rate of 3.5% for the year, with year-end inflation revised to 31%, up from the previous 29% estimate. Despite these challenges, Garanti BBVA maintained a strong performance with a net income of TRY 25.4 billion, a 13% year-over-year growth, and a robust return on equity (ROE) of 30.5%. The core net interest income (NII) surged by 68% quarter-on-quarter, supported by declining funding costs and resilient loan yields. The bank's asset quality remained strong, with a non-performing loan (NPL) ratio slightly rising to 2.6% and a healthy total coverage level of 3.6%. The net cost of risk was reported at 1.4%, better than the year-end guidance of 2% to 2.5%. Garanti BBVA expects its net interest margin (NIM) to expand towards the end of the year despite potential postponements due to current macroeconomic conditions. The bank's customer-centric approach resulted in a 74% deposit share in assets and significant market share gains in TL deposits, credit cards, and digital platforms. Despite macroeconomic challenges, Garanti BBVA remains confident in achieving its guidance, including a low-30s return on average equity (ROAE) by year-end.Strong First Quarter Performance
Garanti BBVA reported a net income of TRY 25.4 billion, marking a 13% year-over-year growth with a robust ROE of 30.5%.
Core Banking Income Surge
Core NII surged by 68% quarter-on-quarter due to declining funding costs and resilient loan yields, highlighting the sustainable nature of the bank's profitability.
Loan Portfolio Growth
TL loans grew by 7%, reaching TRY 1.2 trillion, with strong growth momentum in consumer and SME loans.
Market Share Gains in Deposits
Garanti BBVA gained 1.1% market share in TL deposits among private banks, with a market share reaching 22%.
Robust Fee Base
The bank's fee base increased by 55% year-over-year, supported by strong cash and non-cash loan growth.
TKGBY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TKGBY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2025 | $2.67 | $2.64 | -1.12% |
Jan 29, 2025 | $3.69 | $3.67 | -0.54% |
Oct 30, 2024 | $3.13 | $3.08 | -1.60% |
Jul 30, 2024 | $3.72 | $3.49 | -6.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Turkiye Garanti Bankasi (TKGBY) report earnings?
Turkiye Garanti Bankasi (TKGBY) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Turkiye Garanti Bankasi (TKGBY) earnings time?
Turkiye Garanti Bankasi (TKGBY) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TKGBY EPS forecast?
Currently, no data Available