CarthagoTurkish banking data
ICBC TurkeyStandardized per-bank financials from quarterly BRSA reports
2nd of 23. 33.3pp of headroom — capital raised well ahead of the book.
Cleaner than the median — 2.61pp below it. The worst book in the field runs 6.7%.
| Metric | Q4 2025 | Q1 2026 | Δ |
|---|---|---|---|
| Capital adequacywhile assets grew 17.3% q/q | 65.2% | 45.3% | −19.91pp |
| Loan–deposit spread | 3.00% | 4.63% | +1.62pp |
| NPL ratio | 0.07% | 0.06% | −0.01pp |
| ROE (TTM) | -2.6% | 32.4% | +35.0pp |
Deposit-light — still funded by its own capital. Deposits cover 40% of the balance sheet.
| Loan / deposit — TL+FC | 108% | leans on wholesale · audited, quarterly |
| Assets per branch | ₺5.1bn | 23 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.
KAPPress coverage tagged to this bank, quarterly results decks and recent KAP disclosures.
12 items6th of 21 — 7.9pp over the median and 0.3pp over inflation.
17th of 21. 2.10pp under the median margin.
15th of 21 — lower half, 10.7pp worse than the median.
Capital normalising. CAR fell 19.9pp to 45.3% as the book grew 17.3% q/q, but 33.3pp of buffer remains. Capital being deployed, not depleted.Δcar_qoq < −5pp AND buffer ≥ 8pp → note, not flag
Chart data: 13 rows, Date from 2023-01-01 to 2026-01-01. Loan yield: 10.03 at the start, 9.7 at the end, ranging 9.7 to 15.99. Deposit cost: 4.15 at the start, 5.08 at the end, ranging 4.09 to 13.39. The full data follows as a table.
| Date | Loan yield | Deposit cost |
|---|---|---|
| 2023-01-01 | 10.034152438891525 | 4.148547013366406 |
| 2023-04-01 | 11.765601955999738 | 4.093602255093894 |
| 2023-07-01 | 13.080892522764401 | 4.452328211715019 |
| 2023-10-01 | 14.34398315940421 | 6.582468122317851 |
| 2024-01-01 | 15.887352990788727 | 8.06605574542449 |
| 2024-04-01 | 15.607359896266809 | 9.857277267867273 |
| 2024-07-01 | 15.993952969616501 | 11.601455837034342 |
| 2024-10-01 | 15.059441389768246 | 11.929664122038046 |
| 2025-01-01 | 14.351016215943101 | 13.388809284800047 |
| 2025-04-01 | 13.132875052300141 | 12.26359086475452 |
| 2025-07-01 | 11.753921951141123 | 10.484267099578693 |
| 2025-10-01 | 11.000630181873433 | 7.996889081196241 |
| 2026-01-01 | 9.70334183097066 | 5.077213364171581 |
| ₺210mn |
| 560 staff |
| Leverage | 25.0× | assets ÷ equity |
| Stage 1 — performing | ₺48.7bn | 97.1% · 0.1% cover |
| Stage 2 — watchlist | ₺1.4bn | 2.9% · 5.3% cover |
| Stage 3 — NPL | ₺0.0bn | 0.1% · 86.8% cover |
Chart data: 13 rows, Date from 2023-01-01 to 2026-01-01. Assets: 0.44 at the start, 0.24 at the end, ranging 0.21 to 0.47. Loans: 0.3 at the start, 0.19 at the end, ranging 0.16 to 0.32. Deposits: 0.23 at the start, 0.16 at the end, ranging 0.1 to 0.29. The full data follows as a table.
| Date | Assets | Loans | Deposits |
|---|---|---|---|
| 2023-01-01 | 0.4431029133392349 | 0.30272004181433004 | 0.23374084007677298 |
| 2023-04-01 | 0.47071097507240534 | 0.32142953063016105 | 0.2514999626118564 |
| 2023-07-01 | 0.46519486879060484 | 0.2787770627926586 | 0.293403581110697 |
| 2023-10-01 | 0.4343552811521605 | 0.28268562324554186 | 0.2824033226258761 |
| 2024-01-01 | 0.3955841927662963 | 0.2387727823334753 | 0.25557950357042575 |
| 2024-04-01 | 0.36316927348864986 | 0.22323969844669084 | 0.219333534126604 |
| 2024-07-01 | 0.3237461052663334 | 0.20835319675760552 | 0.1742806933472135 |
| 2024-10-01 | 0.31148672847230363 | 0.21081305536542094 | 0.16863627756494073 |
| 2025-01-01 | 0.2810432328819161 | 0.20547436663305402 | 0.11122147109386181 |
| 2025-04-01 | 0.24909604004570174 | 0.19536230124488735 | 0.13444618827322422 |
| 2025-07-01 | 0.21450835512015 | 0.20064498530271233 | 0.09979552891289153 |
| 2025-10-01 | 0.2193289363713975 | 0.16059789969637897 | 0.12579485666020127 |
| 2026-01-01 | 0.243373443069477 | 0.1896655308851984 | 0.158457634565677 |