ICBC Turkey Bank A.S. (IST:ICBCT)

ICBC Turkey Bank A.S. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	4,902	5,445	4,556	2,039	893.01	645.96
Interest Income on Investments	4,840	5,139	3,623	2,169	715.51	498.03
Total Interest Income	9,742	10,584	8,179	4,209	1,609	1,144
Interest Paid on Deposits	3,145	4,581	2,172	1,027	504.78	363.98
Interest Paid on Borrowings	5,664	5,001	3,468	1,001	253.98	324.44
Total Interest Expense	8,809	9,582	5,640	2,028	758.76	688.42
Net Interest Income	933.39	1,001	2,539	2,181	849.76	455.57
Net Interest Income Growth (YoY)	-41.70%	-60.57%	16.44%	156.63%	86.53%	14.04%
Income From Trading Activities	-678.88	-69.52	310.79	61.26	296.7	-201.13
Gain (Loss) on Sale of Assets	-0.25	-0.04	-0.07	-0.03	-	-0.14
Gain (Loss) on Sale of Investments	-14.17	-14.17	-17.15	-6.93	-6.89	-2.75
Other Non-Interest Income	1,367	713.94	1,842	775.17	353.7	611.01
Total Non-Interest Income	673.31	630.21	2,135	829.47	643.51	406.98
Non-Interest Income Growth (YoY)	4.32%	-70.49%	157.43%	28.90%	58.12%	89.27%
Revenues Before Loan Losses	1,607	1,631	4,675	3,010	1,493	862.55
Provision for Loan Losses	-349.4	-1,069	584.73	136.19	497.75	224.64
Revenue	1,956	2,700	4,090	2,874	995.52	637.91
Revenue Growth (YoY)	-25.39%	-33.97%	42.30%	188.69%	56.06%	20.60%
Salaries and Employee Benefits	2,029	1,777	1,140	652.3	364.61	264.22
Selling, General & Administrative	135.28	105.3	83.1	47.77	26.94	21.99
Other Non-Interest Expense	953.82	873.82	837.26	351.85	363.32	221.56
Total Non-Interest Expense	3,118	2,756	2,060	1,052	754.87	507.77
EBT Excluding Unusual Items	-1,162	-55.79	2,029	1,822	240.65	130.14
Pretax Income	-1,162	-55.79	2,029	1,822	240.65	130.14
Income Tax Expense	-347.45	-77.3	555.38	421.32	53.46	39.21
Net Income	-814.4	21.51	1,474	1,401	187.19	90.93
Preferred Dividends & Other Adjustments	-	-	-	-0.03	-	-
Net Income to Common	-814.4	21.51	1,474	1,401	187.19	90.93
Net Income Growth	-	-98.54%	5.23%	648.32%	105.86%	27.16%
Basic Shares Outstanding	860	860	860	860	860	860
Diluted Shares Outstanding	860	860	860	860	860	860
EPS (Basic)	-0.95	0.03	1.71	1.63	0.22	0.11
EPS (Diluted)	-0.95	0.03	1.71	1.63	0.22	0.11
EPS Growth	-	-98.54%	5.23%	648.33%	105.86%	27.16%
Effective Tax Rate	-	-	27.37%	23.12%	22.21%	30.13%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.