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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	72,389	5,323	3,167	41,901	20,962	14,308
Interest Income on Investments	355,768	313,592	126,441	25,112	5,956	3,413
Total Interest Income	428,157	318,915	129,608	67,013	26,918	17,721
Interest Paid on Deposits	241,248	192,091	73,398	18,739	8,895	4,208
Interest Paid on Borrowings	85,549	52,190	17,872	9,689	5,188	3,233
Total Interest Expense	326,797	244,282	91,270	28,429	14,083	7,440
Net Interest Income	101,361	74,633	38,339	38,584	12,836	10,281
Net Interest Income Growth (YoY)	48.74%	94.67%	-0.64%	200.60%	24.85%	31.08%
Income From Trading Activities	-20,364	-37,535	-6,453	-5,272	-6,320	-2,877
Gain (Loss) on Sale of Assets	-18.27	-18.27	-0.08	-0.06	-0.84	-0.96
Other Non-Interest Income	69,225	64,243	42,894	13,366	7,277	3,002
Total Non-Interest Income	48,843	26,690	36,441	8,094	955.84	123.56
Non-Interest Income Growth (YoY)	100.22%	-26.76%	350.21%	746.80%	673.60%	-92.19%
Revenues Before Loan Losses	150,203	101,322	74,779	46,678	13,791	10,404
Provision for Loan Losses	32,468	17,656	12,125	5,096	3,311	2,530
Revenue	117,735	83,666	62,655	41,582	10,480	7,874
Revenue Growth (YoY)	52.09%	33.54%	50.68%	296.77%	33.09%	4.91%
Salaries and Employee Benefits	25,018	18,967	9,924	4,800	2,340	2,029
Selling, General & Administrative	2,806	2,806	1,762	1,604	-	-
Other Non-Interest Expense	29,159	14,776	11,725	10,743	3,113	2,563
Total Non-Interest Expense	56,983	36,550	23,411	16,928	5,345	4,494
EBT Excluding Unusual Items	60,752	47,117	39,244	24,654	5,135	3,381
Pretax Income	60,752	47,117	39,244	24,654	5,135	3,381
Income Tax Expense	17,831	10,935	6,066	7,428	1,227	626.07
Earnings From Continuing Operations	42,921	36,182	33,178	17,226	3,908	2,755
Minority Interest in Earnings	-10.78	-7.27	-4.97	-2.42	-1.21	-0.84
Net Income	42,910	36,174	33,173	17,224	3,907	2,754
Net Income to Common	42,910	36,174	33,173	17,224	3,907	2,754
Net Income Growth	19.97%	9.05%	92.60%	340.88%	41.87%	-3.85%
Basic Shares Outstanding	3,352	3,350	3,350	3,350	3,350	3,350
Diluted Shares Outstanding	3,352	3,350	3,350	3,350	3,350	3,350
Shares Change (YoY)	-87.09%	-	-	-	-	-
EPS (Basic)	12.80	10.80	9.90	5.14	1.17	0.82
EPS (Diluted)	12.80	10.80	9.90	5.14	1.17	0.82
EPS Growth	829.20%	9.05%	92.60%	340.88%	41.87%	-3.85%
Effective Tax Rate	29.35%	23.21%	15.46%	30.13%	23.90%	18.52%

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