Türkiye Is Bankasi A.S. (IST: ISCTR)

Türkiye Is Bankasi A.S. Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	335,451	167,260	90,471	49,302	35,312	36,163
Interest Income on Investments	181,162	90,415	50,384	20,216	12,681	12,312
Total Interest Income	516,614	257,675	140,855	69,518	47,992	48,475
Interest Paid on Deposits	310,812	121,340	32,510	18,048	9,483	16,510
Interest Paid on Borrowings	123,673	46,889	21,650	14,482	9,415	9,145
Total Interest Expense	434,486	168,230	54,161	32,530	18,898	25,655
Net Interest Income	82,128	89,445	86,695	36,987	29,094	22,820
Net Interest Income Growth (YoY)	-9.62%	3.17%	134.39%	27.13%	27.49%	16.39%
Income From Trading Activities	-20,009	16,993	343.95	1,703	-8,911	-4,541
Gain (Loss) on Sale of Assets	-18.6	-9.08	-4.36	-2.06	-1.85	-46.35
Other Non-Interest Income	194,529	119,890	59,851	21,675	24,170	15,220
Total Non-Interest Income	174,501	136,874	60,191	23,376	15,257	10,633
Non-Interest Income Growth (YoY)	38.23%	127.40%	157.49%	53.21%	43.50%	13.10%
Revenues Before Loan Losses	256,629	226,319	146,886	60,363	44,351	33,452
Provision for Loan Losses	24,630	19,759	13,056	12,668	11,379	8,571
Revenue	232,000	206,560	133,830	47,696	32,972	24,882
Revenue Growth (YoY)	14.30%	54.35%	180.59%	44.66%	32.51%	12.57%
Salaries and Employee Benefits	50,288	30,645	17,710	7,716	6,301	5,252
Selling, General & Administrative	6,774	3,286	1,577	847.72	647.17	622.23
Other Non-Interest Expense	120,054	94,196	46,727	25,917	16,993	12,257
Total Non-Interest Expense	163,901	114,692	55,808	29,605	22,486	16,669
EBT Excluding Unusual Items	68,098	91,867	78,021	18,090	10,486	8,213
Asset Writedown	7,989	7,981	6,489	895.01	180.73	241.42
Pretax Income	76,087	99,848	84,511	18,949	10,667	8,454
Income Tax Expense	3,073	13,479	15,453	3,389	2,915	1,422
Earnings From Continuing Operations	73,014	86,370	69,058	15,560	7,752	7,032
Minority Interest in Earnings	-17,769	-14,116	-7,459	-2,019	-1,096	-1,022
Net Income	55,245	72,254	61,599	13,541	6,655	6,010
Net Income to Common	55,245	72,254	61,599	13,541	6,655	6,010
Net Income Growth	-26.81%	17.30%	354.90%	103.46%	10.74%	-9.92%
Basic Shares Outstanding	25,000	25,000	25,000	25,000	25,000	25,000
Diluted Shares Outstanding	25,000	25,000	25,000	25,000	25,000	25,000
Shares Change (YoY)	0.00%	-	-	0.00%	-	-
EPS (Basic)	2.21	2.89	2.46	0.54	0.27	0.24
EPS (Diluted)	2.21	2.89	2.46	0.54	0.27	0.24
EPS Growth	-26.81%	17.30%	354.90%	103.46%	10.74%	-9.92%
Dividend Per Share	0.289	0.289	0.369	0.054	-	-
Dividend Growth	-21.70%	-21.70%	584.97%	-	-	-
Effective Tax Rate	4.04%	13.50%	18.29%	17.88%	27.33%	16.82%

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