Financial Performance Measurement with MAIRCA Method: Application on Turkish Banking Sector

Authors : Yusuf Bahadır Kavas, Batuhan Medetoğlu

Pages : 44-58

Doi:10.33203/mfy.1423653

View : 148 | Download : 147

Publication Date : 2024-10-01

Article Type : Research Paper

Abstract :This study was conducted to determine the financial performance measurement using eight financial ratios of 11 banks with total assets of 1% or more in 2021. The financial ratios of banks between 2014-2021 were obtained and analyzed using the MAIRCA method. According to the findings, the bank with the best performance in 2021 is İşbank. The bank with the worst performance in the same year was VakıfBank. DenizBank showed the best financial performance between 2016-2018. Yapı Kredi had the worst financial performance between 2016-2017. The most striking result is that Halkbank displayed the worst financial performance between 2018-2019.
Keywords : Türk Bankacılık Sistemi, Finansal Performans, Çok Kriterli Karar Verme, MAIRCA Yöntemi