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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	354,475	164,146	120,023	73,653	48,396	16,177
Investment Securities	281,767	272,696	171,671	102,683	49,806	34,171
Trading Asset Securities	31,575	26,042	18,686	24,175	22,560	9,836
Total Investments	313,342	298,738	190,357	126,858	72,366	44,007
Gross Loans	1,108,891	959,621	636,077	383,512	226,745	158,689
Allowance for Loan Losses	-51,969	-41,607	-27,869	-17,256	-12,696	-11,163
Other Adjustments to Gross Loans	-	-6,831	-5,489	-3,172	-1,704	-1,204
Net Loans	1,056,921	911,183	602,720	363,085	212,345	146,322
Property, Plant & Equipment	22,227	21,489	14,611	4,791	3,695	3,489
Other Intangible Assets	7,414	6,490	4,024	1,055	648.59	520.72
Other Receivables	492.68	-	-	101.94	2.04	29.63
Restricted Cash	-	110,204	66,075	40,474	37,867	13,484
Other Current Assets	-	-	-	56.13	19.85	16.93
Long-Term Deferred Tax Assets	952.82	5,492	6,790	563.76	341.69	1,034
Other Long-Term Assets	48,761	37,352	18,823	10,506	8,168	9,939
Total Assets	1,804,585	1,555,093	1,023,422	621,144	383,849	235,020
Accrued Expenses	-	479.4	242.33	538.97	281.43	140.13
Interest Bearing Deposits	898,430	644,418	447,040	285,286	139,061	86,153
Non-Interest Bearing Deposits	-	234,017	183,687	107,477	86,815	44,122
Total Deposits	898,430	878,435	630,728	392,763	225,877	130,275
Short-Term Borrowings	-	74,004	39,198	42,182	27,284	20,105
Current Portion of Long-Term Debt	-	143,875	-	5,238	31,387	-
Current Portion of Leases	-	73.1	49.23	13.52	12.07	74.66
Current Income Taxes Payable	3,785	6,111	2,802	2,947	246.59	1,129
Long-Term Debt	597,214	234,527	203,747	86,736	51,212	50,371
Long-Term Leases	2,380	1,663	1,124	728.11	475.2	357.42
Pension & Post-Retirement Benefits	4,480	-	-	-	-	-
Long-Term Deferred Tax Liabilities	10,394	38.24	-	-	-	-
Other Long-Term Liabilities	134,351	96,856	63,897	45,722	24,923	13,326
Total Liabilities	1,651,034	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	141,518	107,551	71,376	38,203	20,980	17,073
Comprehensive Income & Other	8,645	8,099	6,891	2,710	-2,187	-1,191
Total Common Equity	153,513	119,001	81,618	44,264	22,143	19,233
Minority Interest	38	30.07	16.79	11.82	9.4	8.18
Shareholders' Equity	153,551	119,031	81,634	44,276	22,152	19,241
Total Liabilities & Equity	1,804,585	1,555,093	1,023,422	621,144	383,849	235,020
Total Debt	599,594	454,143	244,118	134,897	110,369	70,908
Net Cash (Debt)	-213,544	-263,954	-105,409	-37,069	-39,413	-44,896
Net Cash Per Share	-63.71	-78.79	-31.47	-11.07	-11.76	-13.40
Filing Date Shares Outstanding	33,505	3,350	3,350	3,350	3,350	3,350
Total Common Shares Outstanding	33,505	3,350	3,350	3,350	3,350	3,350
Book Value Per Share	4.58	35.52	24.36	13.21	6.61	5.74
Tangible Book Value	146,099	112,511	77,594	43,210	21,494	18,712
Tangible Book Value Per Share	4.36	33.59	23.16	12.90	6.42	5.59

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