QNB Bank A.S. Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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 Income on Loans	6,702	5,323	3,167	41,901	20,962
Interest Income on Investments	436,205	313,592	126,441	25,112	5,956
Total Interest Income	442,908	318,915	129,608	67,013	26,918
Interest Paid on Deposits	240,073	192,091	73,398	18,739	8,895
Interest Paid on Borrowings	89,513	52,190	17,872	9,689	5,188
Total Interest Expense	329,585	244,282	91,270	28,429	14,083
Net Interest Income	113,323	74,633	38,339	38,584	12,836
Net Interest Income Growth (YoY)	51.84%	94.67%	-0.64%	200.60%	24.85%
Income From Trading Activities	-24,527	-37,535	-6,453	-5,272	-6,320
Gain (Loss) on Sale of Assets	-9.2	-18.27	-0.08	-0.06	-0.84
Other Non-Interest Income	73,183	64,243	42,894	13,366	7,277
Total Non-Interest Income	48,647	26,690	36,441	8,094	955.84
Non-Interest Income Growth (YoY)	82.27%	-26.76%	350.21%	746.80%	673.60%
Revenues Before Loan Losses	161,970	101,322	74,779	46,678	13,791
Provision for Loan Losses	37,169	17,656	12,125	5,096	3,311
Revenue	124,801	83,666	62,655	41,582	10,480
Revenue Growth (YoY)	49.17%	33.54%	50.68%	296.77%	33.09%
Salaries and Employee Benefits	26,828	18,967	9,924	4,800	2,340
Selling, General & Administrative	4,405	2,806	1,762	1,604	-
Other Non-Interest Expense	29,013	14,776	11,725	10,743	3,113
Total Non-Interest Expense	60,247	36,550	23,411	16,928	5,345
EBT Excluding Unusual Items	64,554	47,117	39,244	24,654	5,135
Pretax Income	64,554	47,117	39,244	24,654	5,135
Income Tax Expense	16,728	10,935	6,066	7,428	1,227
Earnings From Continuing Operations	47,826	36,182	33,178	17,226	3,908
Minority Interest in Earnings	-11.03	-7.27	-4.97	-2.42	-1.21
Net Income	47,815	36,174	33,173	17,224	3,907
Net Income to Common	47,815	36,174	33,173	17,224	3,907
Net Income Growth	32.18%	9.05%	92.60%	340.88%	41.87%
Basic Shares Outstanding	3,686	3,686	5,500	5,500	5,500
Diluted Shares Outstanding	3,686	3,686	5,500	5,500	5,500
Shares Change (YoY)	-	-32.99%	-	-	-
EPS (Basic)	12.97	9.81	6.03	3.13	0.71
EPS (Diluted)	12.97	9.81	6.03	3.13	0.71
EPS Growth	32.18%	62.72%	92.60%	340.88%	41.87%
Effective Tax Rate	25.91%	23.21%	15.46%	30.13%	23.90%

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