Turkiye Vakiflar Bankasi TAO (IST:VAKBN)
₺ 23.64 0.14 (0.6%) Market Cap: 234.41 Bil Enterprise Value: 333.78 Bil PE Ratio: 4.50 PB Ratio: 1.11 GF Score: 41/100

Q3 2024 Turkiye Vakiflar Bankasi TAO Earnings Call Transcript

Nov 06, 2024 / 03:30PM GMT
Release Date Price: ₺19.85 (+2.69%)
Operator

Good day, ladies and gentlemen, welcome to Vakiflar Bankasi Audio Webcast third quarter, 2024 bank only earnings results. (Operator Instructions) They are Mr Ali Tahan , the head of International Banking and Investor Relations at Vakiflar Bankasi and Mrs Zeynep Nihan Dincel, who is the head of Investor Relations at Vakiflar Bankasi speakers over to you.

Ali Tahan
Turkiye Vakiflar Bankasi TAO - Senior Vice President

Thank you all. Good afternoon, everybody and welcome to Vakiflar Bankasi third quarter Tant for own presentation. As usual, we will start with the presentation and to save time and to use the time effectively, we will skip some flight and we will focus on some important highlights starting with the earnings and profitability on pahge 2 this quarter. In line with the market consensus, our quarterly net income came at TRY8 billion to which is 12% up Q on Q compared to TRY7.2 billion to in the second quarter. And that TRY8 billion talks co net income brought nine month cumulative net income number to TRY27.2 billion to which is up by 81% compared to

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