Turkiye Vakiflar Bankasi TAO
Türkiye Vakiflar Bankasi Türk Anonim Ortakligi, together with its subsidiaries, provides corporate, commercial, SME, agricultural, and modern banking products and services in Turkey and internationally. It offers time, demand, and term deposits accounts; mortgage, car, personal, and private banking yacht loans; housing, comprehensive, motor, compulsory traffic, travel and complementary health, an… Read more
Turkiye Vakiflar Bankasi TAO (VAKBN) - Net Assets
Latest net assets as of December 2025: TL344.63 Billion TRY
Based on the latest financial reports, Turkiye Vakiflar Bankasi TAO (VAKBN) has net assets worth TL344.63 Billion TRY as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL5.49 Trillion) and total liabilities (TL5.15 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL344.63 Billion |
| % of Total Assets | 6.27% |
| Annual Growth Rate | -27.58% |
| 5-Year Change | 535.84% |
| 10-Year Change | 1657.63% |
| Growth Volatility | 41.5 |
Turkiye Vakiflar Bankasi TAO - Net Assets Trend (2000–2025)
This chart illustrates how Turkiye Vakiflar Bankasi TAO's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Turkiye Vakiflar Bankasi TAO (2000–2025)
The table below shows the annual net assets of Turkiye Vakiflar Bankasi TAO from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL344.63 Billion | +45.91% |
| 2024-12-31 | TL236.20 Billion | +30.59% |
| 2023-12-31 | TL180.88 Billion | +69.80% |
| 2022-12-31 | TL106.53 Billion | +96.54% |
| 2021-12-31 | TL54.20 Billion | +14.95% |
| 2020-12-31 | TL47.15 Billion | +40.53% |
| 2019-12-31 | TL33.55 Billion | +15.28% |
| 2018-12-31 | TL29.11 Billion | +23.21% |
| 2017-12-31 | TL23.62 Billion | +20.48% |
| 2016-12-31 | TL19.61 Billion | +10.51% |
| 2015-12-31 | TL17.74 Billion | +18.60% |
| 2014-12-31 | TL14.96 Billion | +19.96% |
| 2013-12-31 | TL12.47 Billion | +5.43% |
| 2012-12-31 | TL11.83 Billion | +13.09% |
| 2011-12-31 | TL10.46 Billion | +21.92% |
| 2010-12-31 | TL8.58 Billion | +6.91% |
| 2009-12-31 | TL8.02 Billion | +27.23% |
| 2008-12-31 | TL6.31 Billion | +11.83% |
| 2007-12-31 | TL5.64 Billion | +12.81% |
| 2006-12-31 | TL5.00 Billion | +6.48% |
| 2005-12-31 | TL4.69 Billion | -100.00% |
| 2004-12-31 | TL2217.42 Trillion | +75.34% |
| 2003-12-31 | TL1264.67 Trillion | +58.37% |
| 2002-12-31 | TL798.53 Trillion | +102.83% |
| 2001-12-31 | TL393.70 Trillion | -64.11% |
| 2000-12-31 | TL1096.85 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Turkiye Vakiflar Bankasi TAO's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 9322198600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL93.22 Billion | 28.38% |
| Other Components | TL235.27 Billion | 71.62% |
| Total Equity | TL328.49 Billion | 100.00% |
Turkiye Vakiflar Bankasi TAO Competitors by Market Cap
The table below lists competitors of Turkiye Vakiflar Bankasi TAO ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Henan Senyuan Electric Co Ltd
SHE:002358
|
$722.88 Million |
|
Sunshine Guojian Pharmaceutical Shanghai Co Ltd
SHG:688336
|
$723.02 Million |
|
TI FLUID SYSTEMS LS-01
F:TI1
|
$723.58 Million |
|
Montrose Environmental Grp
NYSE:MEG
|
$724.07 Million |
|
Ningbo Tech-Bank Co Ltd
SHE:002124
|
$722.58 Million |
|
Empire State Realty Trust Inc
NYSE:ESRT
|
$722.44 Million |
|
FARO Technologies Inc
NASDAQ:FARO
|
$722.38 Million |
|
Imerys SA
PA:NK
|
$722.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Turkiye Vakiflar Bankasi TAO's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 226,101,812,000 to 328,490,550,000, a change of 102,388,738,000 (45.3%).
- Net income of 77,158,893,000 contributed positively to equity growth.
- Other factors increased equity by 25,229,845,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL77.16 Billion | +23.49% |
| Other Changes | TL25.23 Billion | +7.68% |
| Total Change | TL- | 45.28% |
Book Value vs Market Value Analysis
This analysis compares Turkiye Vakiflar Bankasi TAO's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.99x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 17.84x to 0.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | TL1.84 | TL32.74 | x |
| 2018-12-31 | TL2.27 | TL32.74 | x |
| 2019-12-31 | TL2.61 | TL32.74 | x |
| 2020-12-31 | TL2.38 | TL32.74 | x |
| 2021-12-31 | TL2.71 | TL32.74 | x |
| 2022-12-31 | TL14.73 | TL32.74 | x |
| 2023-12-31 | TL17.68 | TL32.74 | x |
| 2024-12-31 | TL22.80 | TL32.74 | x |
| 2025-12-31 | TL33.13 | TL32.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Turkiye Vakiflar Bankasi TAO utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.49%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.44%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 16.72x
- Recent ROE (23.49%) is above the historical average (19.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 56.07% | 11.14% | 0.21x | 24.40x | TL260.81 Trillion |
| 2003 | 34.25% | 12.38% | 0.16x | 17.52x | TL252.23 Trillion |
| 2004 | 39.81% | 22.59% | 0.13x | 13.16x | TL578.23 Trillion |
| 2005 | 16.33% | 17.41% | 0.12x | 7.78x | TL276.88 Million |
| 2006 | 16.48% | 16.49% | 0.12x | 8.37x | TL301.51 Million |
| 2007 | 19.53% | 18.21% | 0.13x | 8.24x | TL511.83 Million |
| 2008 | 14.73% | 12.66% | 0.13x | 9.09x | TL283.95 Million |
| 2009 | 17.25% | 19.16% | 0.10x | 8.68x | TL560.01 Million |
| 2010 | 13.97% | 17.54% | 0.09x | 9.22x | TL330.67 Million |
| 2011 | 15.24% | 21.34% | 0.08x | 9.31x | TL526.38 Million |
| 2012 | 12.45% | 15.12% | 0.09x | 9.45x | TL280.31 Million |
| 2013 | 13.59% | 13.97% | 0.08x | 11.49x | TL436.29 Million |
| 2014 | 12.47% | 14.35% | 0.08x | 11.30x | TL358.23 Million |
| 2015 | 9.10% | 23.08% | 0.04x | 11.00x | TL-154.03 Million |
| 2016 | 14.62% | 30.00% | 0.04x | 11.57x | TL881.92 Million |
| 2017 | 17.14% | 33.26% | 0.04x | 12.24x | TL1.64 Billion |
| 2018 | 16.02% | 28.21% | 0.05x | 12.15x | TL1.71 Billion |
| 2019 | 10.31% | 19.38% | 0.04x | 13.25x | TL101.24 Million |
| 2020 | 13.66% | 27.55% | 0.03x | 15.35x | TL1.70 Billion |
| 2021 | 9.75% | 24.44% | 0.02x | 19.42x | TL-132.64 Million |
| 2022 | 24.65% | 27.59% | 0.05x | 16.30x | TL15.34 Billion |
| 2023 | 18.06% | 26.76% | 0.04x | 16.31x | TL14.13 Billion |
| 2024 | 21.76% | 30.49% | 0.04x | 18.11x | TL26.58 Billion |
| 2025 | 23.49% | 30.44% | 0.05x | 16.72x | TL44.31 Billion |
Industry Comparison
This section compares Turkiye Vakiflar Bankasi TAO's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $57,744,505,000
- Average return on equity (ROE) among peers: 15.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Turkiye Vakiflar Bankasi TAO (VAKBN) | TL344.63 Billion | 56.07% | 14.94x | $722.86 Million |
| Akbank TAS (AKBNK) | $26.14 Billion | 12.93% | 7.37x | $6.52 Billion |
| Albaraka Turk Katilim Bankasi AS (ALBRK) | $182.49 Million | 25.28% | 9.79x | $283.95K |
| Turkiye Halk Bankasi (HALKB) | $42.78 Billion | 8.61% | 15.27x | $5.53 Billion |
| ICBC Turkey Bank AS (ICBCT) | $604.31 Million | 7.50% | 5.38x | $27.00 Million |
| Turkiye Is Bankasi AS Class C (ISCTR) | $219.56 Billion | 1.71% | 0.26x | $8.52 Billion |
| Qnb Finansbank AS (QNBTR) | $19.24 Billion | 14.31% | 11.21x | $51.51 Million |
| Haci Omer Sabanci Holding AS (SAHOL) | $25.47 Billion | 7.36% | 4.93x | $3.66 Billion |
| Sekerbank TAS (SKBNK) | $6.84 Billion | 26.99% | 9.09x | $583.53 Million |
| Yapi ve Kredi Bankasi AS (YKBNK) | $178.88 Billion | 38.02% | 9.42x | $3.33 Billion |