Akbank T.A.S.

Istanbul Stock Exchange AKBNK.IS

Akbank T.A.S. Price to Sales Ratio (P/S) on January 14, 2025: 2.01

Akbank T.A.S. Price to Sales Ratio (P/S) is 2.01 on January 14, 2025, a 23.33% change year over year. Price to sales ratio compares the stock price to the sales per share; higher suggests positive sentiment for future revenue growth.
  • Akbank T.A.S. 52-week high Price to Sales Ratio (P/S) is 2.45 on May 28, 2024, which is 22.10% above the current Price to Sales Ratio (P/S).
  • Akbank T.A.S. 52-week low Price to Sales Ratio (P/S) is 1.38 on March 06, 2024, which is -31.22% below the current Price to Sales Ratio (P/S).
  • Akbank T.A.S. average Price to Sales Ratio (P/S) for the last 52 weeks is 1.91.
Key data
Date Price to Sales Ratio (P/S) Price to Book Ratio (P/B) Dividend Yield Free Cash Flow Yield
Market news
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Istanbul Stock Exchange: AKBNK.IS

Akbank T.A.S.

CEO Mr. Cenk Kaan Gur
IPO Date May 10, 2000
Location Turkey
Headquarters Sabanci Center
Employees 13,450
Sector Finance
Industries
Description

Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. It operates through: Retail Banking; Commercial Banking, SME Banking, Corporate-Investment and Private Banking; and Treasury segments. The company's retail banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking. It also offers services to large, medium, and small size corporate and commercial customers that include Turkish Lira (TL) and foreign currency denominated working capital loans financing for investments, foreign trade financing, derivative instruments for hedging purposes of foreign currency and interest risk, letters of credit, foreign currency trading, corporate finance, and deposit and cash management services, as well as project finance loans; and timely and permanent solutions for corporate customers' working capital management, delivering cash management services based on customers' requests that include collection and payment services and liquidity and information management. In addition, the company engages in treasury activities consisting of TL and foreign currency spot and forward transactions, treasury and government bonds, Eurobonds, and private sector bond transactions, as well as derivative trading activities; and marketing and pricing activities related treasury products. Further, it provides financial leasing services, stock exchange brokerage services, and portfolio management, as well as offers payment services and issues electronic money. As of December 31, 2021, the company operated 710 branches. Akbank T.A.S. was founded in 1948 and is headquartered in Istanbul, Turkey.

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StockViz Staff

January 15, 2025

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