CarthagoTurkish banking data
Türkiye FinansStandardized per-bank financials from quarterly BRSA reports
8th of 9. One of the field's thinnest buffers — 3.2pp over the 12% target ratio.
Cleaner than the median — 1.67pp below it. The worst book in the field runs 11.3%.
| Metric | Q4 2025 | Q1 2026 | Δ |
|---|---|---|---|
| Capital adequacywhile assets grew 12.5% q/q | 17.2% | 15.2% | −1.99pp |
| Loan–deposit spread | 4.80% | 5.14% | +0.33pp |
| NPL ratio | 1.17% | 1.31% | +0.15pp |
| ROE (TTM) | 17.9% | 23.2% | +5.3pp |
Funded by depositors, not markets. Deposits cover 67% of the balance sheet.
| Loan / deposit — TL+FC | 76% | self-funded · audited, quarterly |
| Assets per branch | ₺2.0bn | 224 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.
4 items6th of 9 — 5.1pp under the median and 6.7pp under inflation.
7th of 9. 0.64pp under the median margin.
7th of 9 — bottom quartile, 7.0pp worse than the median.
Capital step-down. CAR fell 2.0pp in a quarter to 15.2% — a 3.2pp buffer over the 12% target ratio, 28th of 37, while the balance sheet grew 12.5% q/q.Δcar_qoq < −1pp AND buffer < 8pp
Real returns. ROE 23.2% against 32.1% 12-month-average CPI: equity compounds a 8.9pp real loss.roe − cpi_12m_avg < 0
Liquidity clear. LCR 138% and TL+FC loan/deposit 76% — 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: 13.52 at the start, 21.3 at the end, ranging 13.52 to 24.73. Deposit cost: 6.15 at the start, 16.16 at the end, ranging 6.15 to 18.52. The full data follows as a table.
| Date | Loan yield | Deposit cost |
|---|---|---|
| 2023-01-01 | 13.520629175102147 | 6.149695693738274 |
| 2023-04-01 | 13.714626522598246 | 7.2027864481561314 |
| 2023-07-01 | 14.186070621982555 | 8.183085668373012 |
| 2023-10-01 | 15.977719283133258 | 10.57794060453717 |
| 2024-01-01 | 18.59914117684732 | 12.554624371014839 |
| 2024-04-01 | 21.362303545842895 | 14.755282798323366 |
| 2024-07-01 | 23.839537811944002 | 16.836802237797556 |
| 2024-10-01 | 24.731823702224094 | 18.321744788016485 |
| 2025-01-01 | 24.000978417288366 | 18.30828123728843 |
| 2025-04-01 | 23.446656993239703 | 18.523032781631972 |
| 2025-07-01 | 22.506098573404664 | 17.962738676119177 |
| 2025-10-01 | 22.016761325985954 | 17.215440933760696 |
| 2026-01-01 | 21.29626280340672 | 16.16007506606754 |
| ₺146mn |
| 3,013 staff |
| Leverage | 13.4× | assets ÷ equity |
| Stage 1 — performing | ₺207bn | 93.3% · 0.3% cover |
| Stage 2 — watchlist | ₺11.8bn | 5.3% · 11.8% cover |
| Stage 3 — NPL | ₺2.9bn | 1.3% · 69.6% cover |
Chart data: 13 rows, Date from 2023-01-01 to 2026-01-01. Assets: 1.07 at the start, 0.91 at the end, ranging 0.86 to 1.08. Loans: 1.03 at the start, 0.84 at the end, ranging 0.84 to 1.03. Deposits: 1.13 at the start, 1 at the end, ranging 0.83 to 1.18. The full data follows as a table.
| Date | Assets | Loans | Deposits |
|---|---|---|---|
| 2023-01-01 | 1.073547967882962 | 1.0273378415321783 | 1.133644431798426 |
| 2023-04-01 | 1.0632572809570857 | 0.9966673771905958 | 1.145075171588 |
| 2023-07-01 | 1.0800395190372187 | 0.9554923203775274 | 1.1788414578243038 |
| 2023-10-01 | 1.043894375154844 | 0.923201033735879 | 1.1273143769562424 |
| 2024-01-01 | 1.0093058454511494 | 0.9403754566026169 | 1.1383552212061077 |
| 2024-04-01 | 0.9678544835306733 | 0.9163881894063879 | 1.0293539770282796 |
| 2024-07-01 | 0.9535465621160822 | 0.9046381647863793 | 0.9892155788928315 |
| 2024-10-01 | 0.9100020268126505 | 0.862380807305802 | 0.9393696237160042 |
| 2025-01-01 | 0.9275950680793272 | 0.8989967078723518 | 0.991761805407506 |
| 2025-04-01 | 0.9236307760092427 | 0.8926805095599045 | 0.9510229633131967 |
| 2025-07-01 | 0.9191909020693825 | 0.9143093636714138 | 0.9411031516788712 |
| 2025-10-01 | 0.8561919644024942 | 0.8372263405445359 | 0.827813064313568 |
| 2026-01-01 | 0.9108944220297797 | 0.8369950824474871 | 0.9964526940803229 |