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Halkbank Valuation Multiples
Discover revenue and EBITDA valuation multiples for Halkbank and similar public comparables like Lion Finance Group, BNP Paribas Bank Polska, Bank Millennium, Oberbank and more.
Halkbank Overview
About Halkbank
Turkiye Halk Bankasi AS is a bank operating in Turkey. The bank's controlling shareholder is the Privatization Administration of Turkey, a government agency. Halkbank's strategic focus since its founding is customer service and small to midsize enterprise banking, with a significant portion of its total loan portfolio dedicated to this segment. Halkbank specifically offers loans and products tailored for SMEs. Net interest income constitutes a majority of the bank's net revenue, of which its SME segment is the majority contributor. A significant portion of its nonperforming loans come from the manufacturing industry.
Founded
1938
HQ

Employees
19.0K
Website
Sectors
Financials (FY)
EV
$12B
Halkbank Financials
Halkbank reported last fiscal year revenue of $4B.
In the same fiscal year, Halkbank generated $619M in net income.
Revenue (LTM)
Halkbank P&L
In the most recent fiscal year, Halkbank reported revenue of $4B and net income of $619M.
Halkbank expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $4B | XXX | XXX | XXX |
| Net Profit | $798M | XXX | $619M | XXX | XXX | XXX |
| Net Margin | — | XXX | 16% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Halkbank Stock Performance
Halkbank has current market cap of $7B, and enterprise value of $12B.
Market Cap Evolution
Halkbank's stock price is $0.92.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $12B | $7B | 0.0% | XXX | XXX | XXX | $0.09 |
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Start Free TrialHalkbank Valuation Multiples
Halkbank trades at 3.1x EV/Revenue multiple.
EV / Revenue (LTM)
Halkbank Financial Valuation Multiples
As of April 20, 2026, Halkbank has market cap of $7B and EV of $12B.
Equity research analysts estimate Halkbank's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Halkbank has a P/E ratio of 8.3x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $7B | XXX | $7B | XXX | XXX | XXX |
| EV (current) | $12B | XXX | $12B | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 3.1x | XXX | XXX | XXX |
| P/E | 8.3x | XXX | 10.7x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 2.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Halkbank Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Halkbank Margins & Growth Rates
Halkbank's revenue in the last fiscal year grew by 122%.
Halkbank's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.
Halkbank Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 122% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 2% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 64% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Halkbank Public Comps
See public comps and valuation multiples for other Commercial Banking comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Halkbank | XXX | XXX | XXX | XXX | XXX | XXX |
| Lion Finance Group | XXX | XXX | XXX | XXX | XXX | XXX |
| BNP Paribas Bank Polska | XXX | XXX | XXX | XXX | XXX | XXX |
| Bank Millennium | XXX | XXX | XXX | XXX | XXX | XXX |
| Oberbank | XXX | XXX | XXX | XXX | XXX | XXX |
| Sydbank | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Halkbank M&A Activity
Halkbank acquired XXX companies to date.
Last acquisition by Halkbank was on XXXXXXXX, XXXXX. Halkbank acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Halkbank
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialHalkbank Investment Activity
Halkbank invested in XXX companies to date.
Halkbank made its latest investment on XXXXXXXX, XXXXX. Halkbank invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Halkbank
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Halkbank
| When was Halkbank founded? | Halkbank was founded in 1938. |
| Where is Halkbank headquartered? | Halkbank is headquartered in Turkey. |
| How many employees does Halkbank have? | As of today, Halkbank has over 19K employees. |
| Is Halkbank publicly listed? | Yes, Halkbank is a public company listed on Borsa Istanbul. |
| What is the stock symbol of Halkbank? | Halkbank trades under HALKB ticker. |
| When did Halkbank go public? | Halkbank went public in 2007. |
| Who are competitors of Halkbank? | Halkbank main competitors are Lion Finance Group, BNP Paribas Bank Polska, Bank Millennium, Oberbank. |
| What is the current market cap of Halkbank? | Halkbank's current market cap is $7B. |
| What is the current revenue of Halkbank? | Halkbank's last fiscal year revenue is $4B. |
| What is the current EV/Revenue multiple of Halkbank? | Current revenue multiple of Halkbank is 3.1x. |
| Is Halkbank profitable? | Yes, Halkbank is net-income-positive (as of the last 12 months). |
| What is the current net income of Halkbank? | Halkbank's last 12 months net income is $798M. |
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