Sekerbank T.A.S. provides agricultural, business, SME, corporate, and retail banking services in Turkey and internationally. It operates through Corporate/Commercial, SME, Retail, Treasury/Investment, and Other segments. The company offers personal loans, ECOcredit, vehicle and home loans, and completing accounts; and credit and individual bank cards, and cash advance. It also provides deposit products, including term and demand deposits; investment products, such as investment accounts, FX trading platforms, repo transactions, treasury bill/government bonds, Eurobonds, gold transactions, stocks, private sector debt instruments, foreign stock exchanges, investment funds, derivative products, and electronic product certificates; gold deposit products; retirement and private banking; home, business, vehicle, health and personal accident, liability, cargo, engineering, agricultural, credit and refundable life, and other insurance products; and card and diamond card campaigns. In addition, the company offers agricultural business and investment loans, as well as family farming; TMO and harvest cards; Harvest POS; small business, enterprise, and SME loans; member merchant/POS; and cash management services. In addition, the company offers financial inclusion and women’s banking; corporate loans, including cash and non-cash loans, project financing, financing production, and e-invoice financing; foreign trade and financing; business, commercial debit, visa business, and bonus business cards; and sectoral support and collaboration products. Further, it provides digital banking services, including internet, mobile, open, ATM, and telephone banking; money transfer; digital POS slips; and buying and selling transactions, brokerage, custody, and consultancy services. The company was formerly known as Pancar Kooperatifleri Bankasi A.S. and changed its name to Sekerbank T.A.S. in 1956. Sekerbank T.A.S. was incorporated in 1953 and is headquartered in Istanbul, Turkey.
Metrics to compare | SKBNK | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipSKBNKPeersSector | |
|---|---|---|---|---|
P/E Ratio | 9.6x | 6.4x | 9.5x | |
PEG Ratio | −0.40 | 0.13 | 0.03 | |
Price/Book | 1.3x | 1.0x | 1.0x | |
Price / LTM Sales | 1.7x | 1.6x | 2.7x | |
Upside (Analyst Target) | - | 39.8% | 22.7% | |
Fair Value Upside | Unlock | 18.1% | 3.8% | Unlock |