QNB Bank A.S. (IST:QNBTR)

QNB Bank A.S. Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	242,165	164,146	120,023	73,653	48,396	16,177
Investment Securities	280,706	272,696	171,671	102,683	49,806	34,171
Trading Asset Securities	37,177	26,042	18,686	24,175	22,560	9,836
Total Investments	317,883	298,738	190,357	126,858	72,366	44,007
Gross Loans	1,050,932	959,621	636,077	383,512	226,745	158,689
Allowance for Loan Losses	-46,680	-41,607	-27,869	-17,256	-12,696	-11,163
Other Adjustments to Gross Loans	-7,186	-6,831	-5,489	-3,172	-1,704	-1,204
Net Loans	997,066	911,183	602,720	363,085	212,345	146,322
Property, Plant & Equipment	21,474	21,489	14,611	4,791	3,695	3,489
Other Intangible Assets	7,114	6,490	4,024	1,055	648.59	520.72
Other Receivables	-	-	-	101.94	2.04	29.63
Restricted Cash	125,657	110,204	66,075	40,474	37,867	13,484
Other Current Assets	-	-	-	56.13	19.85	16.93
Long-Term Deferred Tax Assets	3,094	5,492	6,790	563.76	341.69	1,034
Other Long-Term Assets	37,814	37,352	18,823	10,506	8,168	9,939
Total Assets	1,752,267	1,555,093	1,023,422	621,144	383,849	235,020
Accrued Expenses	496.24	3.79	242.33	538.97	281.43	140.13
Interest Bearing Deposits	538,107	644,418	447,040	285,286	139,061	86,153
Non-Interest Bearing Deposits	455,337	234,017	183,687	107,477	86,815	44,122
Total Deposits	993,444	878,435	630,728	392,763	225,877	130,275
Short-Term Borrowings	54,211	74,004	39,198	42,182	27,284	20,105
Current Portion of Long-Term Debt	143,029	143,875	-	5,238	31,387	-
Current Portion of Leases	84.11	73.1	49.23	13.52	12.07	74.66
Current Income Taxes Payable	8,487	6,111	2,802	2,947	246.59	1,129
Long-Term Debt	312,085	234,527	203,747	86,736	51,212	50,371
Long-Term Leases	1,721	1,663	1,124	728.11	475.2	357.42
Long-Term Deferred Tax Liabilities	28.99	38.24	-	-	-	-
Other Long-Term Liabilities	110,723	97,332	63,897	45,722	24,923	13,326
Total Liabilities	1,624,309	1,436,062	941,788	576,868	361,697	215,778
Common Stock	3,350	3,350	3,350	3,350	3,350	3,350
Additional Paid-In Capital	0.71	0.71	0.71	0.71	0.71	0.71
Retained Earnings	118,738	107,551	71,376	38,203	20,980	17,073
Comprehensive Income & Other	5,836	8,099	6,891	2,710	-2,187	-1,191
Total Common Equity	127,925	119,001	81,618	44,264	22,143	19,233
Minority Interest	32.36	30.07	16.79	11.82	9.4	8.18
Shareholders' Equity	127,957	119,031	81,634	44,276	22,152	19,241
Total Liabilities & Equity	1,752,267	1,555,093	1,023,422	621,144	383,849	235,020
Total Debt	511,129	454,143	244,118	134,897	110,369	70,908
Net Cash (Debt)	-231,356	-263,954	-105,409	-37,069	-39,413	-44,896
Net Cash Per Share	-69.06	-78.79	-31.47	-11.07	-11.76	-13.40
Filing Date Shares Outstanding	3,350	3,350	3,350	3,350	3,350	3,350
Total Common Shares Outstanding	3,350	3,350	3,350	3,350	3,350	3,350
Book Value Per Share	38.19	35.52	24.36	13.21	6.61	5.74
Tangible Book Value	120,811	112,511	77,594	43,210	21,494	18,712
Tangible Book Value Per Share	36.06	33.59	23.16	12.90	6.42	5.59

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