Akbank Revenue Chart (OTCMKTS:AKBTY)
$5.76 $0.09 (1.54%) AKBTY stock closing price Aug 17, 2017 (Closing)
The latest 2017-Q1 Akbank revenue is 1.64B. Compare Akbank revenue chart with Grupo Financiero Inbursa revenue, The Bank of East Asia revenue.
Akbank Revenue Chart
You can do annual as well as quarterly comparisons of Akbank T.A.S. (ADR) net sales with its competitor companies like Grupo Financiero Inbursa, The Bank of East Asia. Over the 5 year period Akbank revenue in 2014 was highest at 8.13B. In the latest quarter, AKBTY revenue 2017-Q1 has changed from 1.61B to 1.64B implying an increase of 2.25%.
Akbank Quarterly Revenue
* Past 5 years Range
|Max AKBTY Revenue||$2.8B||Jun, 2014|
|Min AKBTY Revenue||$1.61B||Dec, 2016|
Akbank Annual Revenue
* Past 5 years Range
|Max AKBTY Revenue||$8.13B||Dec, 2014|
|Min AKBTY Revenue||$7.08B||Dec, 2015|
Akbank Annual Revenue VS Peers
|The Bank of East Asia Revenue||$1.79B||$3.63B||$4.3B||$3.89B||$3.61B|
|Bank of Ireland Revenue||----||----||$8.19B||$7.51B||$8.04B|
Akbank Stock Articles
Revenue, Sales, Turnover or net sales basically describes the Dollar value of transactions that result in incomes to a business as a result of business or operating activities during a specific period of time. Most often, this number is reported on a quarterly or annual basis. Since this features right at the top of an income statement, or profit and loss statement, also known as the statement of operations, the line item is also known as the ‘top line’ for a company. Other commonly used phrases include gross income and income from operations under IFRS. When you deduct expenses, costs and overheads, you arrive at the profit figure. For instance, when you net off Akbank revenue with Akbank expenses, the figure that you arrive at will be Akbank profit. This profit is also known as the bottom line due to its proximity to the bottom on the income statement. Growing top line numbers are a sign of financial health. That said, sales cannot be viewed on a standalone basis without considering profits, because ultimately, businesses are run with the aim of making profits after covering costs. Revenue can be calculated in two ways based on the type of accounting followed: accrual accounting or cashflow accounting. It’s a good exercise to to compare Akbank revenue with that of its peers. For instance, you can compare Grupo Financiero Inbursa topline, with The Bank of East Asia topline, BanColombia topline, etc to assess how the company is doing with respect to its peers.