Türkiye Sinai Kalkinma Bankasi A.S. (TSKB.IS)
Istanbul, TR
Türkiye Sinai Kalkinma Bankasi A.S. functions as a specialized financial institution, delivering comprehensive development and investment banking services across Turkey and internationally. The bank is actively involved in funding a diverse range of critical sectors, including industrial expansion, initiatives for energy and resource efficiency, environmental protection, renewable energy projects, and sustainable tourism. It also champions social and economic development by supporting women's employment, equal opportunity initiatives, occupational health and safety, investments in developing regions, education, healthcare projects, and providing essential working capital. TSKB offers targeted project finance for significant undertakings such as renewable energy and power generation facilities, electricity and natural gas distribution networks, and key industries like energy, fuel, packaging, and pharmaceuticals. Its financial support further extends to logistics, transportation, telecommunications, public-private sector collaborations, and commercial real estate developments, including hotels and shopping malls. Beyond project-specific funding, the bank provides extensive wholesale banking and bespoke financing for small and medium-sized enterprises (SMEs), alongside foreign trade finance, country credit facilities, general working capital solutions, and machinery and equipment leasing. It issues various guarantee instruments, such as letters of guarantee and credit, in addition to facilitating export credits and Eximbank loans. For its corporate clients, TSKB offers expert financial advisory and services covering initial public offering (IPO) preparation and execution, bond issuance underwriting, mergers and acquisitions (M&A), asset purchases and sales, and privatization consultancy. The institution also deals in a sophisticated array of derivatives and structured financial products, including forwards, options, caps, floors, swaps, and swaptions, bolstered by in-depth economic research. Its brokerage activities encompass repo, warrants, foreign derivatives, and various securities transactions, with specific offerings for stock and bond trading, securities loans, portfolio management, and investment advisory services. Moreover, TSKB provides a broad spectrum of consulting services, encompassing financial planning strategy, feasibility studies, valuation, business restructuring, and detailed sectoral analysis. This includes specialized engineering and technical advisory, real estate appraisal, and critical sustainability and environmental consulting expertise. Established in 1950, the bank maintains its headquarters in Istanbul, Turkey.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.98% | -1.07% | -4.48% | -14.64% | -13.84% | -10.28% | +1.84% | +170.24% | +733.08% | +1,043.74% | +2,535.49% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 6 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth+36.7% Q1'26: +23.9% (vs Q1'25)
-
EPS growth+10.7% Q1'26: -7.3% (vs Q1'25)
-
FCF margin— Q1'26: +278.6% (vs Q1'25)
-
EBIT margin— Q1'26: +32.4% (vs Q1'25)
-
ROIC— Q1'26: +3.2% (vs Q1'25)
-
Share dilution+0.0% Q1'26: 0.0% (vs Q1'25)
-
Debt / EBITDA— Q1'26: 20.84× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
1.16B
est: 708.56M (+64.2%)
|
1.39B
est: 755.16M (+83.8%)
|
1.87B
est: 988.30M (+89.6%)
|
2.85B
est: 1.69B (+68.2%)
|
2.96B
est: 1.68B (+76.6%)
|
3.47B
est: 2.13B (+63.0%)
|
5.32B
est: 3.04B (+75.3%)
|
12.13B
est: 6.01B (+101.9%)
|
22.09B
est: 10.70B (+106.4%)
|
30.72B
est: 13.71B (+124.1%)
|
41.99B
est: 18.90B (+122.2%)
|
23.26B
23.26B – 23.26B
+23.1% YoY
|
31.52B
31.52B – 31.52B
+35.5% YoY
|
| EBITDA |
515.86M
est: 265.10M (+94.6%)
|
559.20M
est: 282.54M (+97.9%)
|
745.57M
est: 369.77M (+101.6%)
|
920.05M
est: 633.24M (+45.3%)
|
942.06M
est: 627.65M (+50.1%)
|
945.70M
est: 795.99M (+18.8%)
|
1.50B
est: 1.14B (+32.0%)
|
5.24B
est: 2.25B (+133.1%)
|
9.52B
est: 4.00B (+137.7%)
|
13.94B
est: 5.15B (+170.6%)
|
13.60B
est: 7.10B (+91.5%)
|
8.74B
8.74B – 8.74B
+23.1% YoY
|
11.84B
11.84B – 11.84B
+35.5% YoY
|
| EBIT |
511.33M
est: 263.90M (+93.8%)
|
553.62M
est: 281.26M (+96.8%)
|
739.59M
est: 368.08M (+100.9%)
|
913.65M
est: 630.36M (+44.9%)
|
933.47M
est: 624.79M (+49.4%)
|
936.35M
est: 792.37M (+18.2%)
|
1.49B
est: 1.13B (+31.6%)
|
5.23B
est: 2.24B (+133.5%)
|
9.49B
est: 3.99B (+138.1%)
|
13.90B
est: 5.14B (+170.4%)
|
13.60B
est: 7.08B (+91.9%)
|
8.72B
8.72B – 8.72B
+23.1% YoY
|
11.81B
11.81B – 11.81B
+35.5% YoY
|
| Net Income |
407.23M
est: 406.50M (+0.2%)
|
443.43M
est: 483.90M (-8.4%)
|
611.18M
est: 609.90M (+0.2%)
|
670.76M
est: 678.69M (-1.2%)
|
730.50M
est: 700.62M (+4.3%)
|
712.29M
est: 719.40M (-1.0%)
|
1.08B
est: 1.08B (+0.2%)
|
3.98B
est: 4.03B (-1.3%)
|
6.97B
est: 6.97B (-0.1%)
|
10.22B
est: 9.94B (+2.9%)
|
11.32B
est: 11.84B (-4.4%)
|
12.75B
12.75B – 12.75B
+7.6% YoY
|
14.83B
14.83B – 14.83B
+16.4% YoY
|
| SGA |
1.40M
est: 141.6K (+888.7%)
|
1.36M
est: 150.9K (+803.9%)
|
1.12M
est: 197.5K (+467.6%)
|
970.0K
est: 338.2K (+186.8%)
|
1.47M
est: 335.2K (+338.2%)
|
1.07M
est: 425.1K (+151.4%)
|
931.0K
est: 606.7K (+53.5%)
|
1.69M
est: 1.20M (+41.0%)
|
3.40M
est: 2.14M (+59.0%)
|
6.84M
est: 208.25M (-96.7%)
|
3.16B
est: 286.97M (+1,001.0%)
|
353.26M
353.26M – 353.26M
+23.1% YoY
|
478.68M
478.68M – 478.68M
+35.5% YoY
|
| EPS |
0.15
est: 0.15 (+3.3%)
|
0.19
est: 0.17 (+9.9%)
|
0.26
est: 0.22 (+19.4%)
|
0.24
est: 0.24 (-1.0%)
|
0.26
est: 0.25 (+3.9%)
|
0.25
est: 0.26 (-2.7%)
|
0.39
est: 0.39 (+1.2%)
|
1.42
est: 1.44 (-1.4%)
|
2.49
est: 2.49 (0.0%)
|
3.65
est: 3.55 (+2.8%)
|
4.04
est: 4.23 (-4.5%)
|
4.55
4.55 – 4.55
+7.6% YoY
|
5.30
5.30 – 5.30
+16.4% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-26 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-25 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-22 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-21 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-20 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-18 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-15 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-14 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-13 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-12 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-11 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-08 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-07 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-06 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-05 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-04 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-30 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-29 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-28 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-27 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-24 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-22 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-21 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-20 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-17 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-16 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 4/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares MSCI Turkey ETF TUR | 0.26% | 534.3K | 0.59% |
| 2 | FlexShares Morningstar Emerging Markets Factor Tilt Index Fund TLTE | 0.03% | 109.1K | 0.58% |
| 3 | iShares MSCI Emerging Markets Small-Cap ETF EEMS | 0.03% | 100.7K | 0.72% |
| 4 | Avantis Emerging Markets Small Cap Equity ETF AVEE | 0.02% | 27.2K | 0.42% |
| 5 | iShares MSCI EM Small Cap UCITS ETF IEMS.L | 0.02% | 68.0K | 0.74% |
| 6 | Avantis Emerging Markets Value ETF AVES | 0.02% | 238.6K | 0.36% |
| 7 | State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L | 0.01% | 82.9K | 0.55% |
| 8 | Avantis Emerging Markets Equity UCITS ETF USD Acc AVEM.L | 0.01% | 33.0K | 0.35% |
| 9 | Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF EMCR | 0.01% | 6.8K | 0.15% |
| 10 | Avantis Emerging Markets ex-China Equity ETF AVXC | 0.01% | 35.1K | 0.33% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Asli Zerrin Hanci | Executive Vice President | — | female |
| Aziz Ferit Eraslan | Executive Vice President | — | male |
| Bilinc Tanagardi | EVice President of App. Dev, Stm. & Ntwrk Support, Enterp. Archt. & Process Mgmt and Procu. & Fin. Aff. Mgmt | — | male |
| Hasan Hepkaya | EVice President of Corporate Banking Marketing, Corporate Banking Sales, Project Finance & Loan Operations | — | male |
| Meral Murathan | EVP of Treasury, Cap. Mkt Ops, Fin. Ins., & IR, Dev. Fin. Ins. and Clim. Chg & Sust. Mgmt. | — | female |
| Ozan Uyar | Board Member & Chief Executive Officer | — | male |
| Ozlem Bagdatli | Executive Vice President of HR, Legal Affairs, Pension & Assist. Funds and Corporate Communications | — | female |
| Poyraz Kogacioglu | Executive Vice President of Capital Markets, Company Merger & Acquisition and Corporate Finance | — | male |
| Simay Kimyaci | Department Head of Internal Control | — | — |
| Tolga Sert | EVP of Credit Portfolio Mgt & Analytics, Budgeting and Planning, Financial Control and Analysis | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for TSKB.IS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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