QNB Bank A.S. (IST:QNBTR)

QNB 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	55,289	5,323	3,167	41,901	20,962	14,308
Interest Income on Investments	343,871	313,592	126,441	25,112	5,956	3,413
Total Interest Income	399,160	318,915	129,608	67,013	26,918	17,721
Interest Paid on Deposits	234,443	192,091	73,398	18,739	8,895	4,208
Interest Paid on Borrowings	74,877	52,190	17,872	9,689	5,188	3,233
Total Interest Expense	309,320	244,282	91,270	28,429	14,083	7,440
Net Interest Income	89,840	74,633	38,339	38,584	12,836	10,281
Net Interest Income Growth (YoY)	48.41%	94.67%	-0.64%	200.60%	24.85%	31.08%
Income From Trading Activities	-19,381	-37,535	-6,453	-5,272	-6,320	-2,877
Gain (Loss) on Sale of Assets	-27.29	-18.27	-0.08	-0.06	-0.84	-0.96
Other Non-Interest Income	64,864	64,243	42,894	13,366	7,277	3,002
Total Non-Interest Income	45,455	26,690	36,441	8,094	955.84	123.56
Non-Interest Income Growth (YoY)	83.81%	-26.76%	350.21%	746.80%	673.60%	-92.19%
Revenues Before Loan Losses	135,295	101,322	74,779	46,678	13,791	10,404
Provision for Loan Losses	28,078	17,656	12,125	5,096	3,311	2,530
Revenue	107,217	83,666	62,655	41,582	10,480	7,874
Revenue Growth (YoY)	45.12%	33.54%	50.68%	296.77%	33.09%	4.91%
Salaries and Employee Benefits	23,094	18,967	9,924	4,800	2,340	2,029
Selling, General & Administrative	3,504	2,806	1,762	1,604	-	-
Other Non-Interest Expense	23,930	14,776	11,725	10,743	3,113	2,563
Total Non-Interest Expense	50,528	36,550	23,411	16,928	5,345	4,494
EBT Excluding Unusual Items	56,689	47,117	39,244	24,654	5,135	3,381
Pretax Income	56,689	47,117	39,244	24,654	5,135	3,381
Income Tax Expense	16,038	10,935	6,066	7,428	1,227	626.07
Earnings From Continuing Operations	40,650	36,182	33,178	17,226	3,908	2,755
Minority Interest in Earnings	-10.08	-7.27	-4.97	-2.42	-1.21	-0.84
Net Income	40,640	36,174	33,173	17,224	3,907	2,754
Net Income to Common	40,640	36,174	33,173	17,224	3,907	2,754
Net Income Growth	10.93%	9.05%	92.60%	340.88%	41.87%	-3.85%
Basic Shares Outstanding	3,350	3,350	3,350	3,350	3,350	3,350
Diluted Shares Outstanding	3,350	3,350	3,350	3,350	3,350	3,350
EPS (Basic)	12.13	10.80	9.90	5.14	1.17	0.82
EPS (Diluted)	12.13	10.80	9.90	5.14	1.17	0.82
EPS Growth	10.93%	9.05%	92.60%	340.88%	41.87%	-3.85%
Effective Tax Rate	28.29%	23.21%	15.46%	30.13%	23.90%	18.52%

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