CarthagoTurkish banking data
Kuveyt TürkStandardized per-bank financials from quarterly BRSA reports
6th of 9 — lower half, 5.3pp over the target.
0.09pp above the median. The worst book in the field runs 11.3%.
| Metric | Q4 2025 | Q1 2026 | Δ |
|---|---|---|---|
| Capital adequacywhile assets grew 9.3% q/q | 22.1% | 17.3% | −4.83pp |
| Loan–deposit spread | 12.81% | 12.94% | +0.13pp |
| NPL ratio | 2.24% | 3.07% | +0.83pp |
| ROE (TTM) | 40.3% | 38.2% | −2.1pp |
Funded by depositors, not markets. Deposits cover 67% of the balance sheet.
| Loan / deposit — TL+FC | 65% | self-funded · audited, quarterly |
| Assets per branch | ₺3.2bn | 456 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.
3 items3rd of 9 — 9.9pp over the median and 4.6pp over inflation.
3rd of 9. 2.82pp over the median margin.
2nd of 9 — top quartile. 10.6pp better than the median: scale is earning its keep.
Capital step-down. CAR fell 4.8pp in a quarter to 17.3% — a 5.3pp buffer over the 12% target ratio, 18th of 37, while the balance sheet grew 9.3% q/q.Δcar_qoq < −1pp AND buffer < 8pp
Liquidity clear. LCR 241% and TL+FC loan/deposit 65% — funding is not a constraint this quarter.lcr < 120 OR ldr > 100 → would fire; neither did
Chart data: 13 rows, Date from 2023-01-01 to 2026-01-01. Loan yield: 13.81 at the start, 21.92 at the end, ranging 13.81 to 24.44. Deposit cost: 4.17 at the start, 8.98 at the end, ranging 4.17 to 11.24. The full data follows as a table.
| Date | Loan yield | Deposit cost |
|---|---|---|
| 2023-01-01 | 13.809747239300139 | 4.167149502950657 |
| 2023-04-01 | 13.938847680651776 | 4.3589861846295355 |
| 2023-07-01 | 13.943535873695323 | 4.947621480367178 |
| 2023-10-01 | 15.374702006575125 | 5.870803805247219 |
| 2024-01-01 | 17.8132064727342 | 7.6282105873832595 |
| 2024-04-01 | 20.634508750146367 | 9.260984894458591 |
| 2024-07-01 | 23.407674310713723 | 10.483989405387504 |
| 2024-10-01 | 24.439583620893217 | 11.23879534623823 |
| 2025-01-01 | 24.037709892387866 | 11.233261029891937 |
| 2025-04-01 | 23.57596370827224 | 10.954774444578337 |
| 2025-07-01 | 23.041351057808694 | 10.383408166970819 |
| 2025-10-01 | 22.531937315863537 | 9.720213601055928 |
| 2026-01-01 | 21.92045789676712 | 8.976291963691539 |
| ₺193mn |
| 7,652 staff |
| Leverage | 11.2× | assets ÷ equity |
| Stage 1 — performing | ₺570bn | 88.7% · 0.5% cover |
| Stage 2 — watchlist | ₺52.8bn | 8.2% · 10.9% cover |
| Stage 3 — NPL | ₺19.7bn | 3.1% · 71.7% cover |
Chart data: 13 rows, Date from 2023-01-01 to 2026-01-01. Assets: 2.82 at the start, 3.06 at the end, ranging 2.67 to 3.06. Loans: 2.49 at the start, 2.43 at the end, ranging 2.27 to 2.55. Deposits: 3.2 at the start, 3.37 at the end, ranging 2.85 to 3.37. The full data follows as a table.
| Date | Assets | Loans | Deposits |
|---|---|---|---|
| 2023-01-01 | 2.815489072415604 | 2.4909247553275815 | 3.199788982781177 |
| 2023-04-01 | 2.9860425956992933 | 2.476426351595604 | 3.2109479633018063 |
| 2023-07-01 | 2.863238772910016 | 2.3516998356610817 | 3.058724561611246 |
| 2023-10-01 | 2.9036613864019607 | 2.439996180023776 | 3.233282770924157 |
| 2024-01-01 | 2.928088042224809 | 2.545865432048823 | 3.125503489978617 |
| 2024-04-01 | 2.7800274447758873 | 2.415432055657943 | 2.9067062475030694 |
| 2024-07-01 | 2.7701194868241426 | 2.342672751360244 | 2.921336377006959 |
| 2024-10-01 | 2.6726099858735224 | 2.2653199745918666 | 2.924624459571909 |
| 2025-01-01 | 2.721211090777267 | 2.2696980838998098 | 2.9301466425426153 |
| 2025-04-01 | 2.7139641306796856 | 2.326128541948435 | 2.8500390751144056 |
| 2025-07-01 | 2.872632465149867 | 2.319205304399783 | 2.9827086909527027 |
| 2025-10-01 | 2.9649927146064954 | 2.378702554883929 | 3.166292962465033 |
| 2026-01-01 | 3.0642939842863957 | 2.427938318664132 | 3.3706029657869916 |