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

IST:TSKB Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	18,308	11,911	5,500	3,282	2,431
Interest Income on Investments	12,061	6,894	4,894	1,402	916.71
Total Interest Income	30,369	18,805	10,394	4,683	3,348
Interest Paid on Borrowings	14,477	8,064	3,504	1,777	1,314
Total Interest Expense	14,477	8,064	3,504	1,777	1,314
Net Interest Income	15,892	10,741	6,890	2,907	2,033
Net Interest Income Growth (YoY)	47.96%	55.88%	137.06%	42.95%	6.01%
Income From Trading Activities	-1,314	1,935	2,570	2,000	-56.08
Gain (Loss) on Sale of Assets	0.54	1.61	0.21	0.78	0.09
Other Non-Interest Income	2,461	1,564	-730.18	-971.88	302.64
Total Non-Interest Income	1,147	3,500	1,840	1,029	246.64
Non-Interest Income Growth (YoY)	-67.23%	90.17%	78.88%	317.11%	-
Revenues Before Loan Losses	17,039	14,241	8,731	3,935	2,280
Provision for Loan Losses	558.87	3,219	2,582	1,794	1,012
Revenue	16,480	11,021	6,149	2,142	1,268
Revenue Growth (YoY)	49.53%	79.25%	187.11%	68.86%	8.49%
Salaries and Employee Benefits	1,921	914.62	436.07	219.2	178.51
Selling, General & Administrative	42.61	24.81	12.46	6.41	5.76
Other Non-Interest Expense	1,660	1,589	960.81	556.78	222.26
Total Non-Interest Expense	2,581	1,532	922.38	653.38	331.87
EBT Excluding Unusual Items	13,899	9,490	5,226	1,488	936.35
Pretax Income	13,899	9,490	5,226	1,488	936.35
Income Tax Expense	3,542	2,340	1,121	390.89	226.87
Earnings From Continuing Operations	10,357	7,150	4,106	1,097	709.47
Minority Interest in Earnings	-134.77	-184.88	-125.33	-16.2	2.82
Net Income	10,222	6,965	3,980	1,081	712.29
Net Income to Common	10,222	6,965	3,980	1,081	712.29
Net Income Growth	46.76%	74.98%	268.18%	51.78%	-2.49%
Basic Shares Outstanding	2,800	2,799	2,799	2,801	2,804
Diluted Shares Outstanding	2,800	2,799	2,799	2,801	2,804
Shares Change (YoY)	0.01%	0.01%	-0.06%	-0.13%	0.19%
EPS (Basic)	3.65	2.49	1.42	0.39	0.25
EPS (Diluted)	3.65	2.49	1.42	0.39	0.25
EPS Growth	46.74%	74.97%	268.39%	51.97%	-2.68%
Effective Tax Rate	25.49%	24.65%	21.44%	26.27%	24.23%

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