IST:ISFIN Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest and Dividend Income	19,137	17,267	11,760	7,334	3,353	1,529
Total Interest Expense	15,771	13,667	8,656	5,117	2,129	969.23
Net Interest Income	3,366	3,600	3,104	2,216	1,223	559.44
Commissions and Fees	373.15	349.43	294.79	902.85	104.89	21.07
Other Revenue	2,268	1,614	981.95	243.46	156.38	14.11
Revenue Before Loan Losses	6,007	5,563	4,380	3,362	1,485	594.62
Provision for Loan Losses	800.57	968.52	506.28	446.26	445.41	322.86
Revenue	5,206	4,595	3,874	2,916	1,039	271.76
Revenue Growth (YoY)	1.12%	18.60%	32.85%	180.62%	282.39%	6.84%
Salaries & Employee Benefits	1,077	911.14	591.95	285	141.68	69.79
Cost of Services Provided	273.34	264.02	180.51	131.77	55.5	32.51
Other Operating Expenses	175.88	575.94	-110.15	423.51	220.24	-15.08
Total Operating Expenses	1,526	1,751	662.31	840.28	418.6	87.93
Operating Income	3,680	2,844	3,212	2,076	620.6	183.84
Currency Exchange Gain (Loss)	1,974	2,798	-119.7	781.06	597.79	300.88
EBT Excluding Unusual Items	5,654	5,641	3,092	2,857	1,218	484.72
Pretax Income	5,654	5,641	3,092	2,857	1,218	484.72
Income Tax Expense	1,436	1,578	949.19	837.52	295.21	146.06
Earnings From Continuing Ops.	4,218	4,063	2,143	2,019	923.18	338.66
Minority Interest in Earnings	-413.33	-433.34	-217.79	-252.39	-96.41	-28.6
Net Income	3,804	3,630	1,925	1,767	826.77	310.06
Net Income to Common	3,804	3,630	1,925	1,767	826.77	310.06
Net Income Growth	86.62%	88.56%	8.95%	113.73%	166.65%	56.93%
Shares Outstanding (Basic)	-	695	695	695	695	695
Shares Outstanding (Diluted)	-	695	695	695	695	695
EPS (Basic)	-	5.22	2.77	2.54	1.19	0.45
EPS (Diluted)	-	5.22	2.77	2.54	1.19	0.45
EPS Growth	-	88.53%	9.01%	113.61%	166.65%	59.26%
Free Cash Flow	-5,659	-9,778	-2,253	1,946	-1,782	-414.71
Free Cash Flow Per Share	-	-14.06	-3.24	2.80	-2.56	-0.60
Operating Margin	70.69%	61.89%	82.91%	71.19%	59.72%	67.65%
Profit Margin	73.07%	79.01%	49.69%	60.59%	79.56%	114.09%
Free Cash Flow Margin	-108.69%	-212.82%	-58.15%	66.72%	-171.46%	-152.60%
Effective Tax Rate	25.40%	27.97%	30.70%	29.32%	24.23%	30.13%

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