CarthagoTurkish banking data
Burgan BankStandardized per-bank financials from quarterly BRSA reports
21st of 23. One of the field's thinnest buffers — 2.0pp over the 12% target ratio.
Cleaner than the median — 1.53pp below it. The worst book in the field runs 6.7%.
| Metric | Q4 2025 | Q1 2026 | Δ |
|---|---|---|---|
| Capital adequacywhile assets grew 18.7% q/q | 18.1% | 14.0% | −4.08pp |
| Loan–deposit spread | 1.26% | 3.89% | +2.64pp |
| NPL ratio2 consecutive rises | 0.95% | 1.14% | +0.19pp |
| ROE (TTM) | 22.0% | 20.4% | −1.6pp |
Deposit-light — still funded by its own capital. Deposits cover 41% of the balance sheet.
| Loan / deposit — TL+FC | 133% | leans on wholesale · audited, quarterly |
| Assets per branch | ₺6.9bn |
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.
KAP15th of 21 — 4.1pp under the median and 8.8pp under inflation.
14th of 21. 1.25pp under the median margin.
20th of 21 — bottom quartile, 29.6pp worse than the median.
Capital step-down. CAR fell 4.1pp in a quarter to 14.0% — a 2.0pp buffer over the 12% target ratio, 35th of 37, while the balance sheet grew 18.7% q/q.Δcar_qoq < −1pp AND buffer < 8pp
Real returns. ROE 20.4% against 32.1% 12-month-average CPI: equity compounds a 11.6pp real loss.roe − cpi_12m_avg < 0
Chart data: 13 rows, Date from 2023-01-01 to 2026-01-01. Loan yield: 13.48 at the start, 24.04 at the end, ranging 12.81 to 26.69. Deposit cost: 10.48 at the start, 20.15 at the end, ranging 10.48 to 29.18. The full data follows as a table.
| Date | Loan yield | Deposit cost |
|---|---|---|
| 2023-01-01 | 13.48121202560352 | 10.477174097966497 |
| 2023-04-01 | 12.989100437518767 | 12.47308800234457 |
| 2023-07-01 | 12.812191012214855 | 14.122141096412111 |
| 2023-10-01 | 15.373120855952251 | 17.35591324118007 |
| 2024-01-01 | 20.180298164916596 | 21.50745841846859 |
| 2024-04-01 | 24.341170878728988 | 24.82671402145468 |
| 2024-07-01 | 26.62935338561437 | 27.654271270651492 |
| 2024-10-01 | 26.689819097495082 | 28.885305100358917 |
| 2025-01-01 | 26.233127377764525 | 29.177429679336935 |
| 2025-04-01 | 25.638235593172894 | 27.64298691510172 |
| 2025-07-01 | 25.60739272450792 | 25.9287005134283 |
| 2025-10-01 | 24.7489749475353 | 23.492620838598476 |
| 2026-01-01 | 24.043021288711543 | 20.149690135342567 |
| 28 branches |
| Assets per employee | ₺128mn | 1,514 staff |
| Leverage | 14.2× | assets ÷ equity |
| Stage 1 — performing | ₺92.7bn | 86.9% · 0.2% cover |
| Stage 2 — watchlist | ₺12.7bn | 11.9% · 3.9% cover |
| Stage 3 — NPL | ₺1.2bn | 1.1% · 66.3% cover |
Chart data: 13 rows, Date from 2023-01-01 to 2026-01-01. Assets: 0.34 at the start, 0.4 at the end, ranging 0.33 to 0.4. Loans: 0.36 at the start, 0.4 at the end, ranging 0.31 to 0.4. Deposits: 0.28 at the start, 0.27 at the end, ranging 0.23 to 0.29. The full data follows as a table.
| Date | Assets | Loans | Deposits |
|---|---|---|---|
| 2023-01-01 | 0.33547339468744625 | 0.35774618137228986 | 0.28242765179207174 |
| 2023-04-01 | 0.32736753130147017 | 0.3133013593672509 | 0.2486676107576593 |
| 2023-07-01 | 0.3430427085170258 | 0.3356619911576193 | 0.2560241302357081 |
| 2023-10-01 | 0.3495751648203416 | 0.37840885812686836 | 0.2591588811477003 |
| 2024-01-01 | 0.33972568419049665 | 0.3467187900700708 | 0.2410915917156638 |
| 2024-04-01 | 0.3384973528067408 | 0.33382201952883483 | 0.23352040012752343 |
| 2024-07-01 | 0.338078150880676 | 0.33915437279139926 | 0.24001706703635045 |
| 2024-10-01 | 0.35589552289634985 | 0.36439763156716076 | 0.26342287971867345 |
| 2025-01-01 | 0.36700763752052684 | 0.35926731410879614 | 0.2822244967119978 |
| 2025-04-01 | 0.399270380062129 | 0.3954136415459739 | 0.2908309122251541 |
| 2025-07-01 | 0.3618106044916064 | 0.38505727643763143 | 0.25506289507155544 |
| 2025-10-01 | 0.35724245951329037 | 0.37063174092991796 | 0.23330854361175982 |
| 2026-01-01 | 0.4010648652687863 | 0.3957222947530244 | 0.26742400640989095 |