Akbank Turk Anonim Sirketi (OTCMKTS:AKBTY) Issues Earnings Results

Akbank Turk Anonim Sirketi (OTCMKTS:AKBTY) announced its quarterly earnings data on Thursday. The company reported $0.13 earnings per share (EPS) for the quarter, Zacks reports. Akbank Turk Anonim Sirketi had a net margin of 6.30% and a return on equity of 17.19%.

Akbank Turk Anonim Sirketi Price Performance

Shares of OTCMKTS:AKBTY opened at $2.77 on Friday. The company’s 50 day simple moving average is $3.02 and its 200 day simple moving average is $2.98. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.10 and a quick ratio of 1.10. Akbank Turk Anonim Sirketi has a 1 year low of $2.45 and a 1 year high of $4.25.

About Akbank Turk Anonim Sirketi

Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. It operates through Consumer Banking and Private Banking; Commercial Banking, Corporate Banking, and SME Banking; and Treasury, Other, and Unallovated segments. The company’s consumer 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.