CarthagoTurkish banking data
Türk EximbankStandardized per-bank financials from quarterly BRSA reports
17th of 37 — upper half, 5.5pp over the target.
Cleaner than the median — 2.39pp below it. The worst book in the field runs 11.3%.
| Metric | Q4 2025 | Q1 2026 | Δ |
|---|---|---|---|
| Capital adequacywhile assets grew 12.4% q/q | 22.6% | 17.5% | −5.10pp |
| NPL ratio | 0.10% | 0.11% | +0.01pp |
| ROE (TTM) | 45.9% | 44.6% | −1.3pp |
Capital step-down. CAR fell 5.1pp in a quarter to 17.5% — a 5.5pp buffer over the 12% target ratio, 17th of 37, while the balance sheet grew 12.4% q/q.
Deposit-light — still funded by its own capital. Deposits cover 2% of the balance sheet.
| Assets per branch | ₺58.1bn | 25 branches |
| Leverage | 8.4× | assets ÷ equity |
| Stage 1 — performing |
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.
KAPPress coverage tagged to this bank, quarterly results decks and recent KAP disclosures.
5 items3rd of 35 — 16.9pp over the median and 9.5pp over inflation.
21st of 35. 0.43pp under the median margin.
1st of 35 — top quartile. 35.2pp better than the median: scale is earning its keep.
Liquidity clear. LCR 366% — funding is not a constraint this quarter.lcr < 120 OR ldr > 100 → would fire; neither did
No deposit cost or spread: this bank takes no deposits — it funds itself in the market, so the ladder starts at what the assets earn. These rows are absent because they do not exist for this funding model, not because the figures are missing.
Chart data: 13 rows, Date from 2023-01-01 to 2026-01-01. Loan yield: 6.26 at the start, 14.5 at the end, ranging 6.26 to 17.33. Deposit cost: no values. The full data follows as a table.
| Date | Loan yield | Deposit cost |
|---|---|---|
| 2023-01-01 | 6.259859169190721 | |
| 2023-04-01 | 7.804335173763184 | |
| 2023-07-01 | 9.033521852206684 | |
| 2023-10-01 | 10.73331785470794 | |
| 2024-01-01 | 12.786303465186949 | |
| 2024-04-01 | 14.764664057654404 | |
| 2024-07-01 | 16.682543406549662 | |
| 2024-10-01 | 17.332960018559085 | |
| 2025-01-01 | 16.974612785095236 | |
| 2025-04-01 | 16.22553773956612 | |
| 2025-07-01 | 15.292439530016367 | |
| 2025-10-01 | 14.886314937500847 | |
| 2026-01-01 | 14.502534729814098 |
| ₺1254bn |
| 99.4% |
| Stage 2 — watchlist | ₺6.6bn | 0.5% |
| Stage 3 — NPL | ₺1.4bn | 0.1% · 100.0% cover |
Chart data: 13 rows, Date from 2023-01-01 to 2026-01-01. Assets: 2.57 at the start, 3.01 at the end, ranging 2.49 to 3.01. Loans: 3.94 at the start, 4.77 at the end, ranging 3.94 to 4.77. Deposits: 0. The full data follows as a table.
| Date | Assets | Loans | Deposits |
|---|---|---|---|
| 2023-01-01 | 2.5726885895730205 | 3.935263583174152 | 0 |
| 2023-04-01 | 2.488917664913861 | 3.979670156306415 | 0 |
| 2023-07-01 | 2.526305856419408 | 4.019768718628644 | 0 |
| 2023-10-01 | 2.6415471158909467 | 4.231247563343281 | 0 |
| 2024-01-01 | 2.7762132160903628 | 4.307516200227203 | 0 |
| 2024-04-01 | 2.8479423238381245 | 4.3335707411649524 | 0 |
| 2024-07-01 | 2.8494906486684126 | 4.559520434307621 | 0 |
| 2024-10-01 | 2.7304782908676355 | 4.498063092982909 | 0 |
| 2025-01-01 | 2.747720841588534 | 4.531512862656776 | 0 |
| 2025-04-01 | 2.852870009848022 | 4.622523027777482 | 0 |
| 2025-07-01 | 2.898538895147643 | 4.748017579961774 | 0 |
| 2025-10-01 | 2.832142696867308 | 4.584962926882588 | 0 |
| 2026-01-01 | 3.011609272555142 | 4.768898575353035 | 0 |