Türkiye Sinai Kalkinma Bankasi A.S. (IST:TSKB)

IST:TSKB 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	21,177	18,308	11,911	5,500	3,282	2,431
Interest Income on Investments	12,174	12,061	6,894	4,894	1,402	916.71
Total Interest Income	33,351	30,369	18,805	10,394	4,683	3,348
Interest Paid on Borrowings	17,354	14,477	8,064	3,504	1,777	1,314
Total Interest Expense	17,354	14,477	8,064	3,504	1,777	1,314
Net Interest Income	15,997	15,892	10,741	6,890	2,907	2,033
Net Interest Income Growth (YoY)	9.88%	47.96%	55.88%	137.06%	42.95%	6.01%
Income From Trading Activities	-7,127	-1,314	1,935	2,570	2,000	-56.08
Gain (Loss) on Sale of Assets	0.3	0.54	1.61	0.21	0.78	0.09
Other Non-Interest Income	11,761	2,461	1,564	-730.18	-971.88	302.64
Total Non-Interest Income	4,634	1,147	3,500	1,840	1,029	246.64
Non-Interest Income Growth (YoY)	365.54%	-67.23%	90.17%	78.88%	317.11%	-
Revenues Before Loan Losses	20,631	17,039	14,241	8,731	3,935	2,280
Provision for Loan Losses	1,070	558.87	3,219	2,582	1,794	1,012
Revenue	19,561	16,480	11,021	6,149	2,142	1,268
Revenue Growth (YoY)	51.89%	49.53%	79.25%	187.11%	68.86%	8.49%
Salaries and Employee Benefits	2,531	1,921	914.62	436.07	219.2	178.51
Selling, General & Administrative	46.93	42.61	24.81	12.46	6.41	5.76
Other Non-Interest Expense	1,949	1,660	1,589	960.81	556.78	222.26
Total Non-Interest Expense	3,101	2,581	1,532	922.38	653.38	331.87
EBT Excluding Unusual Items	16,459	13,899	9,490	5,226	1,488	936.35
Pretax Income	16,459	13,899	9,490	5,226	1,488	936.35
Income Tax Expense	4,069	3,542	2,340	1,121	390.89	226.87
Earnings From Continuing Operations	12,390	10,357	7,150	4,106	1,097	709.47
Minority Interest in Earnings	-65.35	-134.77	-184.88	-125.33	-16.2	2.82
Net Income	12,324	10,222	6,965	3,980	1,081	712.29
Net Income to Common	12,324	10,222	6,965	3,980	1,081	712.29
Net Income Growth	50.49%	46.76%	74.98%	268.18%	51.78%	-2.49%
Basic Shares Outstanding	2,800	2,800	2,799	2,799	2,801	2,804
Diluted Shares Outstanding	2,800	2,800	2,799	2,799	2,801	2,804
Shares Change (YoY)	0.06%	0.01%	0.01%	-0.06%	-0.13%	0.19%
EPS (Basic)	4.40	3.65	2.49	1.42	0.39	0.25
EPS (Diluted)	4.40	3.65	2.49	1.42	0.39	0.25
EPS Growth	50.40%	46.74%	74.97%	268.39%	51.97%	-2.68%
Effective Tax Rate	24.73%	25.49%	24.65%	21.44%	26.27%	24.23%

Updated Feb 4, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.