CarthagoTurkish banking data
AlternatifbankStandardized per-bank financials from quarterly BRSA reports
7th of 23 — upper half, 7.1pp over the target.
Cleaner than the median — 1.78pp below it. The worst book in the field runs 6.7%.
| Metric | Q4 2025 | Q1 2026 | Δ |
|---|---|---|---|
| Capital adequacywhile assets grew 9.5% q/q | 22.6% | 19.1% | −3.42pp |
| Loan–deposit spread | -0.31% | 0.70% | +1.01pp |
| NPL ratio | 1.03% | 0.89% | −0.14pp |
| ROE (TTM) | 23.0% | 24.5% | +1.5pp |
Deposit-light — still funded by its own capital. Deposits cover 43% of the balance sheet.
| Loan / deposit — TL+FC | 128% | leans on wholesale · audited, quarterly |
| Assets per branch | ₺8.7bn | 15 branches |
| Assets per employee |
Balance sheet · income statement · cash flow — as filed, y/y, real (CPI-deflated) or common-size against the sector. Plus the shape: composition, the profit waterfall and the interest flow.
3 statements · 4 lensesFX net open position and the ≤1y repricing gap from the §4 footnotes, with the audited capital stack and its buffer over the 12% minimum.
§4 footnotesShareholders ≥5% and the §7 subsidiary grid, from the KAP Genel Bilgi Formu — re-scraped weekly.
KAP11th of 21 — 0.0pp over the median and 5.7pp under inflation.
15th of 21. 1.32pp under the median margin.
14th of 21 — lower half, 1.7pp worse than the median.
Capital step-down. CAR fell 3.4pp in a quarter to 19.1% — a 7.1pp buffer over the 12% target ratio, 12th of 37, while the balance sheet grew 9.5% q/q.Δcar_qoq < −1pp AND buffer < 8pp
Real returns. ROE 24.5% against 32.1% 12-month-average CPI: equity compounds a 7.5pp real loss.roe − cpi_12m_avg < 0
Chart data: 13 rows, Date from 2023-01-01 to 2026-01-01. Loan yield: 15.79 at the start, 27.03 at the end, ranging 15.79 to 27.79. Deposit cost: 10.76 at the start, 26.33 at the end, ranging 10.76 to 29.02. The full data follows as a table.
| Date | Loan yield | Deposit cost |
|---|---|---|
| 2023-01-01 | 15.788455272217488 | 10.763307803441124 |
| 2023-04-01 | 16.26710153321732 | 11.185389934431344 |
| 2023-07-01 | 16.59444135348615 | 11.66697996371431 |
| 2023-10-01 | 19.151734371715857 | 14.6711258618273 |
| 2024-01-01 | 23.108746957191727 | 17.907228560813806 |
| 2024-04-01 | 25.891019244265102 | 21.231999721206655 |
| 2024-07-01 | 27.78761033446415 | 24.31014882075246 |
| 2024-10-01 | 27.771082890064314 | 26.010622572806486 |
| 2025-01-01 | 27.567168050296647 | 27.468093731460907 |
| 2025-04-01 | 27.095146593889506 | 28.710646058156236 |
| 2025-07-01 | 27.558435145537324 | 29.024069761215838 |
| 2025-10-01 | 27.418226845833953 | 27.730649628073866 |
| 2026-01-01 | 27.027289923370766 | 26.329206952527706 |
| ₺249mn |
| 521 staff |
| Leverage | 13.9× | assets ÷ equity |
| Stage 1 — performing | ₺66.7bn | 90.9% · 0.2% cover |
| Stage 2 — watchlist | ₺6.1bn | 8.3% · 6.5% cover |
| Stage 3 — NPL | ₺0.7bn | 0.9% · 59.7% cover |
Chart data: 13 rows, Date from 2023-01-01 to 2026-01-01. Assets: 0.33 at the start, 0.27 at the end, ranging 0.25 to 0.33. Loans: 0.33 at the start, 0.27 at the end, ranging 0.23 to 0.33. Deposits: 0.23 at the start, 0.19 at the end, ranging 0.14 to 0.23. The full data follows as a table.
| Date | Assets | Loans | Deposits |
|---|---|---|---|
| 2023-01-01 | 0.32583284811361246 | 0.32669076774873346 | 0.2308325137042891 |
| 2023-04-01 | 0.33320268201253556 | 0.3116723612540717 | 0.21779210658549264 |
| 2023-07-01 | 0.3180529555345224 | 0.2952007288878629 | 0.1886893825940234 |
| 2023-10-01 | 0.2825870913665914 | 0.2661710346519679 | 0.15957443366210802 |
| 2024-01-01 | 0.2652726555157193 | 0.23246397291001364 | 0.1519258462500298 |
| 2024-04-01 | 0.2498831622826056 | 0.24520484801473938 | 0.14113293936297824 |
| 2024-07-01 | 0.2557860487249772 | 0.23119158682960117 | 0.16179632093091822 |
| 2024-10-01 | 0.26027374674204895 | 0.24023014745732063 | 0.18799020371028977 |
| 2025-01-01 | 0.27037848714978435 | 0.2528348078096476 | 0.18465940061840896 |
| 2025-04-01 | 0.2675310159406862 | 0.26625757899679026 | 0.1862974363699256 |
| 2025-07-01 | 0.2676796525019137 | 0.26893630727075674 | 0.17290947621098987 |
| 2025-10-01 | 0.25982629780929045 | 0.25979252550871973 | 0.15634859680448462 |
| 2026-01-01 | 0.26917919520914324 | 0.27010033249418375 | 0.19029003105485692 |