Türkiye Is Bankasi A.S. (LON:TIBD)

Türkiye Is Bankasi A.S. Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	-	384,741	167,260	90,471	49,302
Interest Income on Investments	-	214,596	90,415	50,384	20,216
Total Interest Income	-	599,337	257,675	140,855	69,518
Interest Paid on Deposits	-	363,044	121,340	32,510	18,048
Interest Paid on Borrowings	-	156,509	46,889	21,650	14,482
Total Interest Expense	-	519,552	168,230	54,161	32,530
Net Interest Income	69,034	79,785	89,445	86,695	36,987
Net Interest Income Growth (YoY)	-13.48%	-10.80%	3.17%	134.39%	27.13%
Income From Trading Activities	-22,199	-21,321	16,993	343.95	1,703
Gain (Loss) on Sale of Assets	-	-5.63	-9.08	-4.36	-2.06
Other Non-Interest Income	183,433	213,094	119,890	59,851	21,675
Total Non-Interest Income	161,234	191,768	136,874	60,191	23,376
Non-Interest Income Growth (YoY)	-15.92%	40.11%	127.40%	157.49%	53.21%
Revenues Before Loan Losses	230,268	271,553	226,319	146,886	60,363
Provision for Loan Losses	57,046	24,863	19,759	13,056	12,668
Revenue	173,222	246,689	206,560	133,830	47,696
Revenue Growth (YoY)	-29.78%	19.43%	54.34%	180.59%	44.66%
Salaries and Employee Benefits	59,692	58,042	30,645	17,710	7,716
Selling, General & Administrative	6,398	7,797	3,286	1,577	847.72
Other Non-Interest Expense	83,932	128,176	94,196	46,727	25,917
Total Non-Interest Expense	101,535	183,847	114,692	55,808	29,605
EBT Excluding Unusual Items	71,687	62,842	91,867	78,021	18,090
Asset Writedown	-	9,255	7,981	6,489	895.01
Pretax Income	71,687	72,097	99,848	84,511	18,949
Income Tax Expense	4,246	8,330	13,479	15,453	3,389
Earnings From Continuing Operations	67,441	63,767	86,370	69,058	15,560
Minority Interest in Earnings	-	-18,230	-14,116	-7,459	-2,019
Net Income	67,441	45,537	72,254	61,599	13,541
Net Income to Common	67,441	45,537	72,254	61,599	13,541
Net Income Growth	48.10%	-36.98%	17.30%	354.90%	103.46%
Basic Shares Outstanding	62,500	25,000	25,000	25,000	25,000
Diluted Shares Outstanding	62,500	25,000	25,000	25,000	25,000
Shares Change (YoY)	150.00%	-	-0.00%	-	0.00%
EPS (Basic)	1.08	1.82	2.89	2.46	0.54
EPS (Diluted)	1.08	1.82	2.89	2.46	0.54
EPS Growth	-40.76%	-36.98%	17.30%	354.90%	103.46%
Dividend Per Share	-	0.182	0.289	0.369	0.054
Dividend Growth	-	-37.02%	-21.70%	584.97%	-
Effective Tax Rate	5.92%	11.55%	13.50%	18.29%	17.89%

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