Deniz Investment Announces Q2 Profit Estimate for VAKBN

Deniz Investment has released its net profit estimate for VakıfBank (VAKBN) for the second quarter of 2024. The brokerage's report includes expectations regarding the bank's financial performance. Analysts predict that VakıfBank's net profit in the second quarter could show a significant decline compared to the same period last year. The estimates cite rising interest expenses and a slowdown in loan growth as contributing factors. Deniz Investment's report states that a narrowing net interest margin and an increase in operational expenses may pressure profit margins. Additionally, a potential rise in the non-performing loan ratio is highlighted. On the other hand, the bank's strong capital structure and low-cost deposit base are considered factors that could partially offset the negatives. Analysts maintain their confidence in VakıfBank's long-term growth potential. This is not investment advice.

📊 GOOGL — Piyasa Yorumu

▼ down · 60%

The news headline is unrelated to GOOGL, so no direct impact is expected. However, technical indicators present a weak outlook: the price is trading below both the 20-day and 50-day moving averages, and the RSI at 45 is below the neutral zone. The MACD line is below the signal line and in negative territory, indicating short-term bearish momentum. The 5.3% decline over the past 24 hours suggests selling pressure may persist. Therefore, a downward move is more likely in the short term.

RSI 14

45.1

MACD

-2.44

24h Δ

-5.36%

📊 VAKBN — Piyasa Yorumu

■ neutral · 60%

VAKBN stock is displaying a weak technical outlook. Although the RSI is approaching oversold territory at 36, the MACD remains below the signal line and in negative territory. The price is trading below both the 20-day and 50-day moving averages. Deniz Investment's earnings forecast announcement may generate some short-term interest, but given the current technical weakness and downtrend, no significant reversal is expected. Therefore, a sideways or limited movement is anticipated in the near term.

RSI 14

36.5

MACD

-0.16

24h Δ

-1.68%

Canlı Grafikler