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Turkiye Garanti Bankasi Anonim Sirketi 144A (TKGZY)
:TKGZY
US Market

Turkiye Garanti Bankasi Anonim Sirketi 144A (TKGZY) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Jul 30, 2025
TBA (Confirmed)
Period Ending
2025 (Q2)
Consensus EPS Forecast
Last Year’s EPS
0.16
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q1 2025
Earnings Call Date:Apr 28, 2025|
% Change Since: 15.36%|
Earnings Call Sentiment|Neutral
Garanti BBVA's first quarter results indicate strong financial performance with significant growth in net income and robust core banking income. However, challenges such as increased current account deficit, higher inflation estimates, and deferred NIM recovery pose concerns.
Company Guidance -
Q1 2025
In Garanti BBVA's first quarter 2025 financial results webcast, the management provided detailed guidance on several key metrics. They anticipate a GDP growth rate of 3.5% for Turkey, with inflation revised upwards to 31% by year-end amidst volatility in food prices. The Central Bank of the Republic of Turkey (CBRT) may maintain a slightly higher ex-post real rate of at least 4 percentage points. The current account deficit to GDP is expected to worsen slightly to 1.5%, while the budget GDP is projected to remain at 3.5%. The bank's net income reached TRY 25.4 billion, marking a 13% year-over-year growth with an ROE of 30.5% and leverage of 9.3x. Their lending-driven asset composition remains a differentiator, with TL loans growing by 7% to TRY 1.2 trillion. Despite a slight increase in the NPL ratio to 2.6%, the bank maintains a robust total coverage level of 3.6%. The net cost of risk for Q1 stood at 1.4%, better than the year-end guidance of 2% to 2.5%. The bank's funding strategy relies on customer-driven sources, with deposits comprising 74% of assets. They project a NIM expansion towards the end of the year, despite current tight monetary conditions postponing some margin recovery. Garanti BBVA maintains its low-30s ROAE guidance, emphasizing a customer-centric approach and strong capital base to navigate market uncertainties.
Solid Financial Performance
Net income reached TRY 25.4 billion, marking a 13% year-over-year growth with robust ROE at 30.5%.
Core Banking Income Surge
Core NII surged by 68% Q-on-Q due to declining funding costs and resilient loan yields.
Strong Deposit Growth
Deposit share in assets increased by 2%, reaching 74%, with TL deposits growing by 18%.
Market Share Gains
Gained market share in TL deposits, credit cards, general purpose loans, mortgages, and SME loans.
Resilient Asset Quality
NPL ratio slightly rose to 2.6%, with total coverage levels at 3.6% compared to NPL ratio.

Turkiye Garanti Bankasi Anonim Sirketi 144A (TKGZY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

TKGZY Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jul 30, 2025
2025 (Q2)
- / -
0.161
Apr 28, 2025
2025 (Q1)
- / 0.17
0.172-4.07% (>-0.01)
Jan 29, 2025
2024 (Q4)
- / 0.17
0.243-29.22% (-0.07)
Oct 30, 2024
2024 (Q3)
- / 0.16
0.21-25.24% (-0.05)
Jul 30, 2024
2024 (Q2)
- / 0.16
0.206-21.84% (-0.04)
Apr 29, 2024
2024 (Q1)
- / 0.17
0.194-11.34% (-0.02)
Jan 29, 2024
2023 (Q4)
- / 0.24
0.252-3.57% (>-0.01)
Oct 30, 2023
2023 (Q3)
- / 0.21
0.232-9.48% (-0.02)
Jul 27, 2023
2023 (Q2)
- / 0.21
0.1946.19% (+0.01)
Apr 27, 2023
2023 (Q1)
- / 0.19
0.1438.57% (+0.05)
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

TKGZY 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
$3.79$3.77-0.53%
Oct 30, 2024
$3.21$3.16-1.56%
Jul 30, 2024
$3.82$3.58-6.28%
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 Anonim Sirketi 144A (TKGZY) report earnings?
Turkiye Garanti Bankasi Anonim Sirketi 144A (TKGZY) is schdueled to report earning on Jul 30, 2025, TBA (Confirmed).
    What is Turkiye Garanti Bankasi Anonim Sirketi 144A (TKGZY) earnings time?
    Turkiye Garanti Bankasi Anonim Sirketi 144A (TKGZY) earnings time is at Jul 30, 2025, TBA (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
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          What is TKGZY EPS forecast?
          Currently, no data Available
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