CarthagoTurkish banking data
QNBStandardized per-bank financials from quarterly BRSA reports
13th of 23. One of the field's thinnest buffers — 3.5pp over the 12% target ratio.
1.34pp above the median. The worst book in the field runs 6.7%.
| Metric | Q4 2025 | Q1 2026 | Δ |
|---|---|---|---|
| Capital adequacywhile assets grew 8.4% q/q | 18.2% | 15.5% | −2.64pp |
| Loan–deposit spread | 2.42% | 2.63% | +0.22pp |
| NPL ratio10 consecutive rises | 3.76% | 4.00% | +0.24pp |
| ROE (TTM) | 33.5% | 33.6% | +0.1pp |
Funded by depositors, not markets. Deposits cover 52% of the balance sheet.
| Loan / deposit — TL+FC | 117% | leans on wholesale · audited, quarterly |
| Assets per branch | ₺4.8bn |
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.
7 items5th of 21 — 9.1pp over the median and 1.2pp over inflation.
10th of 21. 0.32pp over the median margin.
4th of 21 — top quartile. 15.2pp better than the median: scale is earning its keep.
Capital step-down. CAR fell 2.6pp in a quarter to 15.5% — a 3.5pp buffer over the 12% target ratio, 24th of 37, while the balance sheet grew 8.4% q/q.Δcar_qoq < −1pp AND buffer < 8pp
NPL drift. 10 consecutive quarterly rises, to 4.00%. Level and direction are both adverse. Stage-2 — the pre-NPL watchlist — sits at 11.6% of the book.consecutive_rise(npl) ≥ 4q
Chart data: 13 rows, Date from 2023-01-01 to 2026-01-01. Loan yield: 14.66 at the start, 26.32 at the end, ranging 14.66 to 28.49. Deposit cost: 7.82 at the start, 23.68 at the end, ranging 7.82 to 26.29. The full data follows as a table.
| Date | Loan yield | Deposit cost |
|---|---|---|
| 2023-01-01 | 14.657933607492208 | 7.816643037755214 |
| 2023-04-01 | 14.810101267129008 | 9.667525266698973 |
| 2023-07-01 | 15.506229157033086 | 11.504268325496376 |
| 2023-10-01 | 17.7248989298873 | 14.473770144435974 |
| 2024-01-01 | 20.79952378549179 | 17.108842191126204 |
| 2024-04-01 | 24.00754273913791 | 20.15598096380883 |
| 2024-07-01 | 26.900624254385118 | 23.664758429391625 |
| 2024-10-01 | 28.137224991915126 | 25.320718253547764 |
| 2025-01-01 | 28.473719911104666 | 26.03730676991348 |
| 2025-04-01 | 28.48843016049033 | 26.292772549136473 |
| 2025-07-01 | 28.477571673981473 | 26.233231810708187 |
| 2025-10-01 | 27.523172259384886 | 25.107068917765897 |
| 2026-01-01 | 26.316216401968497 | 23.68158385500747 |
| 415 branches |
| Assets per employee | ₺151mn | 13,197 staff |
| Leverage | 10.7× | assets ÷ equity |
| Stage 1 — performing | ₺1036bn | 84.4% · 0.8% cover |
| Stage 2 — watchlist | ₺143bn | 11.6% · 12.7% cover |
| Stage 3 — NPL | ₺49.1bn | 4.0% · 74.9% cover |
Chart data: 13 rows, Date from 2023-01-01 to 2026-01-01. Assets: 4.13, ranging 4.03 to 4.83. Loans: 4.49 at the start, 4.64 at the end, ranging 4.49 to 5.38. Deposits: 4.16 at the start, 3.56 at the end, ranging 3.45 to 4.5. The full data follows as a table.
| Date | Assets | Loans | Deposits |
|---|---|---|---|
| 2023-01-01 | 4.130790021579401 | 4.489394245263249 | 4.161624893249438 |
| 2023-04-01 | 4.19698489567863 | 4.595234184531239 | 4.203310290504377 |
| 2023-07-01 | 4.185550701249626 | 4.717325778396957 | 4.010523731778177 |
| 2023-10-01 | 4.292758556984104 | 4.893821250845284 | 4.026705304808618 |
| 2024-01-01 | 4.530927149459163 | 5.080800624234211 | 4.2749302875466535 |
| 2024-04-01 | 4.5972470011507065 | 5.163957233603749 | 4.306767340449669 |
| 2024-07-01 | 4.572968154257792 | 5.225093328832207 | 4.304782779397258 |
| 2024-10-01 | 4.741863033758489 | 5.370933330433647 | 4.396313742577254 |
| 2025-01-01 | 4.83466359298893 | 5.367677901603697 | 4.495843396516107 |
| 2025-04-01 | 4.659365029991082 | 5.383683649439268 | 4.166198703139482 |
| 2025-07-01 | 4.106891144713084 | 4.66606922096688 | 3.4547063939457265 |
| 2025-10-01 | 4.029037272265819 | 4.638219068625478 | 3.526919334433913 |
| 2026-01-01 | 4.131960244906757 | 4.639616807902497 | 3.561294520940113 |