Akbank T.A.S. (IST:AKBNK)

Akbank T.A.S. Income Statement

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	367,953	311,171	135,462	69,904	35,309	24,660
Interest Income on Investments	221,249	187,828	96,036	61,957	15,674	10,473
Total Interest Income	589,202	498,999	231,498	131,861	50,984	35,133
Interest Paid on Deposits	406,949	350,421	141,485	38,943	17,816	9,224
Interest Paid on Borrowings	110,644	78,333	21,057	13,743	8,807	5,205
Total Interest Expense	517,593	428,755	162,542	52,686	26,622	14,429
Net Interest Income	71,609	70,245	68,955	79,175	24,361	20,704
Net Interest Income Growth (YoY)	-13.06%	1.87%	-12.91%	225.01%	17.67%	22.18%
Income From Trading Activities	11,860	-19,176	10,647	-10,536	-95.22	-3,805
Gain (Loss) on Sale of Assets	51.05	-	-	-4.2	-7.34	-5.59
Gain (Loss) on Sale of Investments	-88.67	-88.67	-10.45	-	-	-
Other Non-Interest Income	102,438	109,282	70,840	43,137	15,254	9,074
Total Non-Interest Income	114,261	90,017	81,476	32,597	15,152	5,264
Non-Interest Income Growth (YoY)	46.84%	10.48%	149.95%	115.14%	187.85%	12.79%
Revenues Before Loan Losses	185,870	160,262	150,432	111,772	39,513	25,967
Provision for Loan Losses	32,972	22,764	15,720	7,249	5,176	6,954
Revenue	152,898	137,498	134,712	104,523	34,337	19,013
Revenue Growth (YoY)	6.26%	2.07%	28.88%	204.40%	80.60%	27.54%
Salaries and Employee Benefits	34,861	31,402	17,003	6,894	3,537	3,040
Selling, General & Administrative	3,801	3,447	1,717	889.68	423.84	321.36
Other Non-Interest Expense	60,940	50,901	28,929	16,463	13,735	7,335
Total Non-Interest Expense	99,404	85,560	47,614	24,246	17,695	10,697
EBT Excluding Unusual Items	53,494	51,938	87,098	80,277	16,642	8,316
Asset Writedown	-64.08	-85.97	-5.48	-6.14	-1.52	-32.22
Pretax Income	53,430	51,852	87,092	80,271	16,640	8,284
Income Tax Expense	10,320	9,490	20,596	20,245	4,513	2,025
Earnings From Continuing Operations	43,110	42,362	66,496	60,026	12,127	6,260
Minority Interest in Earnings	10.97	3.92	-	-	-	-0.02
Net Income	43,121	42,366	66,496	60,026	12,127	6,260
Net Income to Common	43,121	42,366	66,496	60,026	12,127	6,260
Net Income Growth	-27.63%	-36.29%	10.78%	394.97%	93.74%	16.95%
Basic Shares Outstanding	5,200	5,200	5,200	5,200	5,200	5,200
Diluted Shares Outstanding	5,200	5,200	5,200	5,200	5,200	5,200
Shares Change (YoY)	-	-	-	-	-	3.88%
EPS (Basic)	8.29	8.15	12.79	11.54	2.33	1.20
EPS (Diluted)	8.29	8.15	12.79	11.54	2.33	1.20
EPS Growth	-27.63%	-36.29%	10.78%	394.97%	93.74%	12.59%
Dividend Per Share	1.222	1.222	1.917	1.700	0.200	0.100
Dividend Growth	-36.27%	-36.27%	12.79%	750.00%	100.00%	-
Effective Tax Rate	19.31%	18.30%	23.65%	25.22%	27.12%	24.44%

Updated Jan 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.