Türkiye Halk Bankasi A.S. (IST:HALKB)

Türkiye Halk Bankasi 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	470,636	440,855	192,755	87,113	55,018	38,665
Interest Income on Investments	267,681	237,189	119,044	69,518	29,807	16,069
Total Interest Income	738,317	678,044	311,800	156,631	84,825	54,734
Interest Paid on Deposits	605,374	559,153	238,398	64,524	42,067	22,371
Interest Paid on Borrowings	86,509	75,796	27,394	21,933	22,012	12,827
Total Interest Expense	691,883	634,949	265,792	86,457	64,079	35,197
Net Interest Income	46,434	43,095	46,008	70,174	20,746	19,537
Net Interest Income Growth (YoY)	6.14%	-6.33%	-34.44%	238.26%	6.19%	67.33%
Income From Trading Activities	-8,679	-11,644	32,714	8,152	18,609	2,832
Gain (Loss) on Sale of Assets	788.28	788.28	1,429	890.39	397.71	315.3
Other Non-Interest Income	74,111	61,129	-9,702	1,996	-15,166	-3,652
Total Non-Interest Income	66,221	50,274	24,442	11,038	3,841	-503.97
Non-Interest Income Growth (YoY)	202.71%	105.69%	121.43%	187.39%	-	-
Revenues Before Loan Losses	112,655	93,369	70,449	81,213	24,587	19,033
Provision for Loan Losses	10,141	10,140	3,791	37,161	12,122	6,981
Revenue	102,514	83,229	66,658	44,052	12,465	12,052
Revenue Growth (YoY)	80.08%	24.86%	51.32%	253.41%	3.43%	32.27%
Salaries and Employee Benefits	34,063	31,774	20,249	8,844	4,630	3,805
Selling, General & Administrative	3,383	3,383	2,796	1,660	766.02	427
Other Non-Interest Expense	34,780	29,329	28,470	8,983	5,219	4,334
Total Non-Interest Expense	71,857	64,134	51,305	19,378	10,579	8,540
EBT Excluding Unusual Items	30,657	19,095	15,352	24,674	1,886	3,512
Asset Writedown	-54.31	-54.31	-25.58	-8.66	-3.02	-6.1
Pretax Income	30,603	19,040	15,327	24,665	1,883	3,506
Income Tax Expense	5,722	-4,187	-2,426	5,685	38.49	752.5
Earnings From Continuing Operations	24,881	23,227	17,753	18,981	1,844	2,753
Earnings From Discontinued Operations	-	-	-	-	-	938.77
Minority Interest in Earnings	-1,947	-1,189	-922.48	-624.37	-8.49	-7.22
Net Income	22,934	22,038	16,831	18,356	1,836	3,685
Net Income to Common	22,934	22,038	16,831	18,356	1,836	3,685
Net Income Growth	30.08%	30.94%	-8.31%	899.81%	-50.17%	62.49%
Basic Shares Outstanding	-	7,185	6,645	4,477	2,474	1,999
Diluted Shares Outstanding	-	7,185	6,645	4,477	2,474	1,999
Shares Change (YoY)	-	8.13%	48.42%	80.97%	23.75%	59.92%
EPS (Basic)	-	3.07	2.53	4.10	0.74	1.84
EPS (Diluted)	-	3.07	2.53	4.10	0.74	1.84
EPS Growth	-	21.09%	-38.22%	452.46%	-59.74%	1.61%
Effective Tax Rate	18.70%	-	-	23.05%	2.04%	21.47%

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.