Türkiye Halk Bankasi A.S. (IST:HALKB)

Türkiye Halk Bankasi A.S. Income Statement

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	440,855	192,755	87,113	55,018	38,665
Interest Income on Investments	237,189	119,044	69,518	29,807	16,069
Total Interest Income	678,044	311,800	156,631	84,825	54,734
Interest Paid on Deposits	559,153	238,398	64,524	42,067	22,371
Interest Paid on Borrowings	75,796	27,394	21,933	22,012	12,827
Total Interest Expense	634,949	265,792	86,457	64,079	35,197
Net Interest Income	43,095	46,008	70,174	20,746	19,537
Net Interest Income Growth (YoY)	-6.33%	-34.44%	238.26%	6.19%	67.33%
Income From Trading Activities	-11,644	32,714	8,152	18,609	2,832
Gain (Loss) on Sale of Assets	788.28	1,429	890.39	397.71	315.3
Other Non-Interest Income	61,129	-9,702	1,996	-15,166	-3,652
Total Non-Interest Income	50,274	24,442	11,038	3,841	-503.97
Non-Interest Income Growth (YoY)	105.69%	121.43%	187.39%	-	-
Revenues Before Loan Losses	93,369	70,449	81,213	24,587	19,033
Provision for Loan Losses	10,140	3,791	37,161	12,122	6,981
Revenue	83,229	66,658	44,052	12,465	12,052
Revenue Growth (YoY)	24.86%	51.32%	253.41%	3.42%	32.27%
Salaries and Employee Benefits	31,774	20,249	8,844	4,630	3,805
Selling, General & Administrative	3,383	2,796	1,660	766.02	427
Other Non-Interest Expense	29,329	21,348	8,983	5,219	4,334
Total Non-Interest Expense	64,134	44,183	19,378	10,579	8,540
EBT Excluding Unusual Items	19,095	22,475	24,674	1,886	3,512
Asset Writedown	-54.31	-25.58	-8.66	-3.02	-6.1
Other Unusual Items	-	-7,122	-	-	-
Pretax Income	19,040	15,327	24,665	1,883	3,506
Income Tax Expense	-4,187	-2,426	5,685	38.49	752.5
Earnings From Continuing Operations	23,227	17,753	18,981	1,844	2,753
Earnings From Discontinued Operations	-	-	-	-	938.77
Minority Interest in Earnings	-1,189	-922.48	-624.37	-8.49	-7.22
Net Income	22,038	16,831	18,356	1,836	3,685
Net Income to Common	22,038	16,831	18,356	1,836	3,685
Net Income Growth	30.94%	-8.31%	899.81%	-50.17%	62.49%
Basic Shares Outstanding	7,185	6,645	4,477	2,474	1,999
Diluted Shares Outstanding	7,185	6,645	4,477	2,474	1,999
Shares Change (YoY)	8.13%	48.42%	80.97%	23.75%	59.92%
EPS (Basic)	3.07	2.53	4.10	0.74	1.84
EPS (Diluted)	3.07	2.53	4.10	0.74	1.84
EPS Growth	21.09%	-38.22%	452.46%	-59.74%	1.61%
Effective Tax Rate	-	-	23.05%	2.04%	21.47%

Source: S&P Capital IQ. Banks template. Financial Sources.