Turkiye Garanti Bankasi AS operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Turkiye Garanti Bankasi AS with three other
companies in this sector in the United States:
Erste Group Bank AG
sales of $9.72 billion
of which 37%
of which 27%
was Corporate Banking), and
Grupo Aval Acciones y Valores S.A.
of which 71%
was Banco Bogota).
Turkiye Garanti Bankasi AS reported sales of $9.35 billion
December of 2016.
increase of 5.8%
versus 2015, when the company's sales were $8.84 billion.
Despite this increase, sales are still
below the level achieved in 2014, when Turkiye Garanti Bankasi AS
reported sales of $9.97 billion.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Turkiye Garanti Bankasi AS had sales
of $8.81 billion.
Sales of Other Financial Sectors saw an increase
that was more than double the company's growth rate: sales were up
57.7% in 2016, from
$55.63 million to $87.72 million.
Turkiye Garanti Bankasi AS also saw significant increases in sales in
Insurance (up 16.1% to $198.51 million)
Factoring (up 18.9% to $34.25 million)
Not all segments of Turkiye Garanti Bankasi AS experienced an increase in sales in 2016:
sales of Leasing fell 20.6% to $56.89 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Turkiye Garanti Bankasi AS also experienced decreases in sales in
Banking (down 4.8% to $4.09 billion)
Other Non-Financial (down 18.3% to $76.49 million)