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

In this study, financial performance measurement was carried out using 8 financial ratios of 11 banks with total assets of 1% or more in 2021. The financial ratios of the banks between 2014 and 2021 were obtained and the analysis was carried out using the MAIRCA method. As a result of the analysis, the financial performance of the banks was ranked and reported between the sample years. The study is important in terms of evaluating banks with financial ratios and determining their performance. The results obtained from the study are aimed to provide ideas to managers, researchers, and academics.