Türkiye Halk Bankasi (HALKB) investor relations material

Executive summary

• Achieved strong financial performance in Q2 2026, with total assets reaching up to TRY 4.98 trillion and robust loan growth across retail, SME, and commercial segments.

• Net profit rose 34.8% to TRY 18.6 billion, with net interest income nearly doubling to TRY 81.3 billion and strong fee and commission income.

• Favorable resolution of a U.S. criminal case enhanced international funding access and reduced borrowing costs.

• Maintained a leading SME market share, with SME loans comprising up to 54.2% of commercial loans.

• Asset quality remained resilient despite macroeconomic challenges, aided by disciplined underwriting and proactive risk management.

Financial highlights

• Total assets grew up to 29.4% year-over-year and 6.5% sequentially, reaching as high as TRY 4.98 trillion.

• Net loans increased up to 42% year-over-year to TRY 2.31 trillion; deposits rose up to 23% year-over-year to TRY 3.66 trillion.

• Net income for the quarter was TRY 8.2 billion, up 75% year-over-year; net profit for H1-26 reached TRY 18.6 billion, up 34.8% year-over-year.

• NIM remained above 4%, supported by TRY 42.6 billion income from CPI linkers.

• OPEX rose up to 50.3% year-over-year, mainly due to cyclical wage increases.

Outlook and guidance

• Management expects continued balanced growth, leveraging strong capital and liquidity positions.

• Disinflation and easing of macroprudential measures expected to further support sector growth.

• Margin recovery anticipated as CBRT resumes repo funding and gradual rate cuts occur.

• Enhanced international credibility and funding access following legal resolution in the U.S.

• Capital Markets Day planned in 3-4 weeks to provide updated business plan and guidance.