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Turkiye Garanti Bankasi AS
IST:GARAN.E

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Turkiye Garanti Bankasi AS Logo
Turkiye Garanti Bankasi AS
IST:GARAN.E
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Price: 135.8 TRY 2.72% Market Closed
Market Cap: ₺570.4B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
-89%
5Y
-48%
10Y
+91%
Investing Cash Flow
+
3Y
-14%
5Y
-438%
10Y
-2 609%
Financing Cash Flow
+
3Y
+766%
5Y
+4 967%
10Y
+47 798%

Cash Flow Statement
Turkiye Garanti Bankasi AS

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Cash Flow Statement
Currency: TRY
Mar-2002 Jun-2002 Sep-2002 Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025 Dec-2025
Operating Cash Flow
Cash Taxes Paid
(40)
(40)
(44)
(7)
(18)
(22)
(19)
(45)
(42)
(49)
(58)
(32)
(43)
(82)
(95)
(177)
(231)
(263)
(281)
(198)
(247)
(262)
(283)
(396)
(398)
(217)
(224)
(593)
(536)
(873)
(1 074)
(1 120)
(1 259)
(1 498)
(1 423)
(1 089)
(1 192)
(766)
(879)
(855)
(686)
(995)
(1 021)
(1 237)
(1 439)
(1 422)
(1 172)
(1 062)
(866)
(848)
(1 286)
(1 318)
(1 648)
(1 735)
(1 286)
(1 140)
(1 137)
(1 161)
(1 533)
(1 549)
(1 348)
(1 493)
(1 552)
(1 884)
(2 334)
(2 455)
(2 611)
(2 710)
(2 291)
(1 944)
(2 164)
(1 889)
(2 361)
(2 743)
(3 323)
(3 379)
(4 533)
(3 938)
(3 785)
(5 017)
(5 594)
(15 051)
(14 446)
(19 598)
(17 685)
(17 285)
(22 099)
(22 319)
(21 908)
(30 453)
(36 510)
(38 803)
(44 531)
(33 057)
(33 729)
(30 114)
Cash Interest Paid
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(7 253)
0
0
0
(8 490)
(10 755)
(12 865)
(15 477)
(9 051)
(9 345)
(9 747)
(9 868)
(10 535)
(10 409)
(10 820)
(11 205)
(12 001)
(12 983)
(14 722)
(17 020)
(20 145)
(22 903)
(24 143)
(24 187)
(21 881)
(21 258)
(16 637)
(14 260)
(14 127)
(13 420)
(17 857)
(20 150)
(22 669)
(22 406)
(20 805)
(29 285)
(41 065)
(52 123)
(68 780)
(86 719)
(119 579)
(165 453)
(230 950)
(312 598)
(400 105)
(466 514)
(527 182)
(572 885)
(575 462)
Change in Working Capital
6 062
5 230
2 639
2 020
1 650
1 970
990
(872)
(2 663)
(2 550)
(3 172)
(2 905)
(2 202)
(4 279)
(3 430)
(2 768)
(4 534)
(1 601)
(1 942)
(2 685)
(960)
(4 580)
(3 617)
(2 500)
(2 582)
(1 042)
684
4 089
5 034
3 800
5 179
4 400
(2 934)
(3 938)
(7 272)
(9 791)
(8 969)
(4 161)
(11 725)
(15 582)
(8 671)
(10 764)
(12 053)
(9 648)
(12 812)
(14 484)
(9 757)
(4 464)
(2 191)
(4 338)
(5 678)
5 261
5 603
14 001
29 534
12 710
21 614
15 057
6 324
14 128
7 571
8 131
11 076
8 825
2 257
16 938
42 426
37 758
48 420
40 412
30 371
37 507
24 508
27 129
18 247
26 387
37 017
56 305
50 537
58 897
77 432
71 167
109 201
105 300
170 447
229 834
280 265
331 935
294 004
305 584
294 009
290 348
581 122
501 006
578 771
599 500
Cash from Operating Activities
5 674
N/A
5 181
-9%
2 867
-45%
2 247
-22%
1 641
-27%
2 228
+36%
1 448
-35%
(77)
N/A
(1 556)
-1 921%
(1 876)
-21%
(2 597)
-38%
(2 134)
+18%
(1 273)
+40%
(3 388)
-166%
(2 909)
+14%
(1 296)
+55%
(3 115)
-140%
(210)
+93%
140
N/A
(1 358)
N/A
304
N/A
(2 292)
N/A
(1 592)
+31%
(620)
+61%
(1 358)
-119%
299
N/A
2 800
+836%
5 238
+87%
6 829
+30%
5 152
-25%
6 574
+28%
6 286
-4%
(618)
N/A
(1 586)
-157%
(5 310)
-235%
(7 195)
-35%
(6 569)
+9%
(1 459)
+78%
(9 035)
-519%
(12 889)
-43%
(5 717)
+56%
(8 007)
-40%
(9 071)
-13%
(6 419)
+29%
(9 181)
-43%
(10 234)
-11%
(5 021)
+51%
(12 779)
-155%
(10 053)
+21%
(11 659)
-16%
(13 234)
-14%
(4 546)
+66%
(8 480)
-87%
(4 359)
+49%
7 385
N/A
2 611
-65%
11 239
+330%
4 275
-62%
(4 933)
N/A
2 254
N/A
(3 975)
N/A
(3 969)
+0%
(1 477)
+63%
(4 873)
-230%
(12 763)
-162%
78
N/A
23 157
+29 588%
15 291
-34%
23 615
+54%
14 844
-37%
4 649
-69%
14 439
+211%
1 643
-89%
8 523
+419%
1 445
-83%
9 629
+566%
19 814
+106%
35 205
+78%
27 425
-22%
32 305
+18%
50 525
+56%
36 554
-28%
66 641
+82%
45 764
-31%
101 875
+123%
145 052
+42%
172 748
+19%
191 281
+11%
108 205
-43%
46 126
-57%
(52 553)
N/A
(145 823)
-177%
74 059
N/A
(51 644)
N/A
(18 748)
+64%
4 983
N/A
Investing Cash Flow
Capital Expenditures
(489)
(511)
(492)
(549)
(583)
(598)
(607)
(207)
(165)
(133)
(133)
0
0
0
0
0
0
0
0
0
0
0
(186)
(327)
(401)
(474)
(357)
(395)
(388)
(393)
(406)
(492)
(480)
(517)
(540)
(512)
(550)
(530)
(518)
(531)
(508)
(492)
(427)
(344)
(385)
(419)
(518)
(741)
(695)
(740)
(740)
(691)
(666)
(589)
(556)
(561)
(640)
(675)
(991)
(1 021)
(1 021)
(1 110)
(885)
(819)
(833)
(816)
(1 826)
(1 794)
(1 800)
(1 728)
(673)
(607)
(591)
(552)
(967)
(1 265)
(1 335)
(1 486)
(1 019)
(1 286)
(1 345)
(2 091)
(2 333)
(2 130)
(3 333)
(3 741)
(4 204)
(5 115)
(5 027)
(5 324)
(6 390)
(9 430)
(14 113)
(14 010)
(15 353)
(10 387)
Other Items
(1 666)
(1 441)
1 539
(897)
(1 223)
(465)
(1 274)
(495)
1 844
1 614
2 656
2 526
1 080
1 691
1 889
594
2
(1 877)
(2 242)
(1 165)
(924)
(58)
127
(669)
269
(1 111)
(3 152)
(4 894)
(5 579)
(5 362)
(5 980)
(5 759)
(4 165)
(1 039)
776
1 174
3 037
2 116
2 195
6 543
666
(257)
3 973
1 771
3 638
4 709
1 482
2 930
1 070
731
(451)
(831)
3 879
497
0
(1 767)
(3 164)
488
2 144
2 170
1 192
1 138
308
(228)
3 848
2 861
1 981
5 610
447
(634)
2 292
(944)
511
(7 932)
(11 525)
(10 454)
(10 880)
(3 096)
(3 948)
(11 120)
(34 406)
(42 107)
(52 851)
(53 121)
(63 508)
(61 216)
(66 489)
(76 647)
(78 345)
(90 057)
(63 502)
(37 417)
(22 680)
(7 118)
(41 374)
(52 671)
Cash from Investing Activities
(2 030)
N/A
(1 951)
+4%
1 047
N/A
(1 446)
N/A
(1 806)
-25%
(1 064)
+41%
(1 880)
-77%
(702)
+63%
1 679
N/A
1 482
-12%
2 523
+70%
2 526
+0%
1 082
-57%
1 698
+57%
1 922
+13%
594
-69%
2
-100%
(1 877)
N/A
(2 242)
-19%
(1 165)
+48%
(924)
+21%
(58)
+94%
(59)
-2%
(997)
-1 590%
(133)
+87%
(1 586)
-1 092%
(3 510)
-121%
(5 289)
-51%
(5 967)
-13%
(5 755)
+4%
(6 386)
-11%
(6 252)
+2%
(4 646)
+26%
(1 557)
+66%
235
N/A
662
+182%
2 487
+276%
1 586
-36%
1 678
+6%
6 013
+258%
160
-97%
(748)
N/A
3 545
N/A
1 426
-60%
3 251
+128%
4 289
+32%
964
-78%
2 189
+127%
375
-83%
(10)
N/A
(1 191)
-11 810%
(1 523)
-28%
3 212
N/A
(92)
N/A
(557)
-505%
(2 328)
-318%
(3 805)
-63%
(187)
+95%
1 153
N/A
1 149
0%
172
-85%
28
-84%
(577)
N/A
(1 047)
-81%
3 016
N/A
2 045
-32%
155
-92%
3 816
+2 362%
(1 354)
N/A
(2 362)
-74%
1 619
N/A
(1 550)
N/A
(78)
+95%
(8 484)
-10 777%
(12 491)
-47%
(11 719)
+6%
(12 215)
-4%
(4 581)
+62%
(4 967)
-8%
(12 406)
-150%
(35 752)
-188%
(44 198)
-24%
(55 184)
-25%
(55 251)
0%
(66 841)
-21%
(64 958)
+3%
(70 692)
-9%
(81 762)
-16%
(83 372)
-2%
(95 381)
-14%
(69 892)
+27%
(46 847)
+33%
(36 793)
+21%
(21 129)
+43%
(56 726)
-168%
(63 058)
-11%
Financing Cash Flow
Net Issuance of Debt
(4 716)
(3 222)
(4 573)
(1 785)
(188)
(2 104)
(179)
(81)
(133)
1 736
1 316
388
672
754
1 292
2 443
2 846
4 577
3 301
2 986
3 509
1 289
1 796
1 709
2 837
1 818
2 085
2 459
1 366
3 412
2 108
2 222
1 379
1 637
2 098
4 367
6 375
9 712
11 393
8 061
5 675
1 356
2 477
2 928
4 320
6 893
7 444
13 090
11 765
11 682
12 720
7 201
7 570
4 866
2 188
1 032
1 667
901
(1 227)
189
1 951
4 714
4 858
5 834
4 766
3 236
9 915
4 146
6 277
6 748
(7 727)
(4 051)
(7 445)
(6 881)
3 668
4 386
13 146
1 764
(1 182)
29 962
24 204
42 455
37 673
26 977
18 090
22 448
24 250
19 223
33 497
53 386
77 980
108 608
136 563
155 191
159 263
241 210
Cash Paid for Dividends
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(179)
(179)
(179)
0
(219)
(219)
(219)
(219)
0
0
0
0
0
(275)
(275)
0
(625)
(350)
(350)
0
(570)
(570)
(570)
0
(600)
(600)
(600)
0
(598)
(598)
(598)
(598)
(425)
(425)
(425)
0
(568)
(568)
(568)
0
(568)
(568)
(568)
(1 818)
(1 252)
(1 252)
(1 252)
(2)
(1 750)
(1 750)
(1 932)
(1 932)
(182)
(182)
0
0
0
0
0
0
(624)
(624)
(624)
0
0
(1 307)
(1 307)
0
(10 084)
(8 776)
(8 776)
(13 945)
(13 341)
(13 341)
(13 341)
(15 962)
(18 963)
(18 963)
(18 963)
Other
168
167
163
188
92
0
34
25
0
0
0
0
0
0
0
(208)
0
0
0
(37)
0
0
0
0
0
678
678
678
862
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(117)
(1)
(1)
(1)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Cash from Financing Activities
(4 548)
N/A
(3 055)
+33%
(4 410)
-44%
(1 597)
+64%
(96)
+94%
(2 011)
-1 995%
(145)
+93%
(56)
+61%
(108)
-93%
1 761
N/A
1 341
-24%
388
-71%
672
+73%
754
+12%
1 292
+71%
2 235
+73%
2 638
+18%
4 190
+59%
2 915
-30%
2 771
-5%
3 294
+19%
1 034
-69%
1 540
+49%
1 490
-3%
2 618
+76%
2 496
-5%
2 763
+11%
3 137
+14%
2 228
-29%
3 412
+53%
1 833
-46%
1 947
+6%
920
-53%
1 012
+10%
1 748
+73%
4 017
+130%
6 025
+50%
9 142
+52%
10 823
+18%
7 491
-31%
5 105
-32%
756
-85%
1 877
+148%
2 328
+24%
3 720
+60%
6 296
+69%
6 847
+9%
12 492
+82%
11 167
-11%
11 256
+1%
12 294
+9%
6 776
-45%
7 145
+5%
4 298
-40%
1 620
-62%
464
-71%
1 099
+137%
332
-70%
(1 795)
N/A
(380)
+79%
132
N/A
3 462
+2 523%
3 605
+4%
4 583
+27%
4 765
+4%
1 487
-69%
8 166
+449%
2 214
-73%
4 229
+91%
6 565
+55%
(7 910)
N/A
(4 052)
+49%
(7 330)
-81%
(6 881)
+6%
3 668
N/A
4 386
+20%
13 146
+200%
1 140
-91%
(1 806)
N/A
29 338
N/A
23 580
-20%
42 455
+80%
36 366
-14%
25 670
-29%
16 783
-35%
12 365
-26%
15 473
+25%
10 446
-32%
19 551
+87%
40 044
+105%
64 639
+61%
95 267
+47%
120 600
+27%
136 228
+13%
140 300
+3%
222 247
+58%
Change in Cash
Effect of Foreign Exchange Rates
0
0
0
0
0
0
0
0
54
(11)
4
49
17
89
79
72
69
(33)
(48)
(70)
(95)
0
212
216
215
341
(100)
(234)
(290)
(301)
4
167
252
281
(95)
117
139
305
1 589
1 565
1 010
831
(146)
(434)
133
295
655
917
849
511
550
501
907
1 204
1 712
994
296
301
(283)
928
1 271
803
833
597
893
1 579
6 112
1 424
2 391
1 729
(4 286)
1 472
1 879
1 968
6 032
2 461
4 508
3 983
714
20 461
20 672
25 217
29 569
10 819
10 094
34 279
20 041
23 957
25 746
(2 510)
10 913
6 963
8 407
11 683
12 358
17 646
Net Change in Cash
(904)
N/A
175
N/A
(496)
N/A
(796)
-60%
(261)
+67%
(847)
-225%
(577)
+32%
(835)
-45%
69
N/A
1 356
+1 865%
1 271
-6%
829
-35%
498
-40%
(847)
N/A
384
N/A
1 605
+318%
(406)
N/A
2 070
N/A
765
-63%
178
-77%
2 579
+1 349%
(1 316)
N/A
101
N/A
89
-12%
1 342
+1 408%
1 550
+15%
1 953
+26%
2 852
+46%
2 800
-2%
2 508
-10%
2 025
-19%
2 148
+6%
(4 092)
N/A
(1 850)
+55%
(3 422)
-85%
(2 399)
+30%
2 082
N/A
9 574
+360%
5 055
-47%
2 180
-57%
558
-74%
(7 168)
N/A
(3 795)
+47%
(3 099)
+18%
(2 077)
+33%
646
N/A
3 445
+433%
2 819
-18%
2 338
-17%
98
-96%
(1 581)
N/A
1 208
N/A
2 784
+130%
1 051
-62%
10 160
+867%
1 741
-83%
8 829
+407%
4 721
-47%
(5 858)
N/A
3 951
N/A
(2 400)
N/A
324
N/A
2 384
+636%
(740)
N/A
(4 089)
-453%
5 189
N/A
37 590
+624%
22 745
-39%
28 881
+27%
20 776
-28%
(5 928)
N/A
10 309
N/A
(3 886)
N/A
(4 874)
-25%
(1 346)
+72%
4 757
N/A
25 253
+431%
35 747
+42%
21 366
-40%
69 698
+226%
59 025
-15%
60 028
+2%
77 392
+29%
27 002
-65%
61 910
+129%
126 738
+105%
137 570
+9%
143 922
+5%
70 130
-51%
(11 722)
N/A
(46 893)
-300%
(90 441)
-93%
166 273
N/A
75 139
-55%
77 184
+3%
181 818
+136%

See Also

Summary
GARAN.E intrinsic value, competitors valuation, and company profile.
DCF Valuation
GARAN.E stock valuation using Discount Cash Flow valuation method.
Relative Valuation
GARAN.E stock valuation using valuation multiples.
Wall Street Estimates
GARAN.E price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
GARAN.E stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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