Is Yatirim Menkul Degerler As · BIST:ISMEN
Is Yatirim Menkul Degerler As — İş Yatırım Menkul Değerler A.Ş. — Q1 2026 Earnings Presentation
30 slides from Is Yatirim Menkul Degerler As's earnings presentation, May 11, 2026
Slide 1: ISMEN Performance & Financial Results 2026/3
ISMEN Performance & Financial Results 2026/3 11.05.2026 İş Yatırım | Şirket İçi | Internal
Slide 2: Agenda: About Us
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results İş Yatırım | Şirket İçi | Internal
Slide 3: About Us: Shareholding Structure
About Us Shareholding Structure Established in 1996 as the investment banking arm of İşbank İşbank & İşbank Group Free Float Companies 29% %71 Credit Rating (Saha Rating) AAA National long-term credit rating AAA
Slide 4: Widespread Branch Network
About Us Widespread Branch Network Ataşehir Taksim Güneşli Beylikdüzü Kalamış Bağdat Caddesi Levent Tuzla Maslak Boğaziçi Maltepe Etiler Nişantaşı 36 Branches Yeşilyurt İstanbul Ankara Çorlu Anadolu Samsun İzmit Başkent Trabzon Bursa Bursa Ankara Nilüfer Eskişehir Kayseri İzmir Konya 9 Eylül İzmir D
Slide 5: Subsidiaries
About Us Subsidiaries MAXIS VENTURE CAPITAL EFES NPL MANAGEMENT MAXIS INVESTMENTS PORTFOLIO MANAGEMENT (85.14%) (100.00%) (100.00%) Mainly specializes in managing London headquartered Establish and manage venture banks’ NPLs and restructuring subsidiary to serve capital investment funds to invest pr
Slide 6: Sustainability Highlights
About Us Sustainability Highlights Included in the BIST Sustainability Index since October 2022
Slide 7: Indices that ISMEN included in
About Us Indices that ISMEN included in BIST BIST DIVIDEND BIST 100 DIVIDEND 5 YEARS BIST BIST BIST BIST ALL SUSTAINABILITY BIST STAR BIST 100-30 BROKERAGE FINANCIALS SHARES BIST 500 BIST BIST HOUSES DIVIDEND 25 DIVIDEND 10 YEARS FTSE Global EIS Mid MSCI Global Small WisdomTree Cap Cap
Slide 8: Main Business Lines
About Us Main Business Lines Brokerage Asset Investment Management Advisory Main Business Lines Corporate Research Finance Financial Investments & Trading
Slide 9: Agenda: Main Macroeconomic Indicators
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results İş Yatırım | Şirket İçi | Internal
Slide 10: Main Macroeconomic Indicators
Main Macroeconomic Indicators GDP & Real Growth CBRT Policy Rate (%) (TL Bn) (%) 70.000 14 50,00 47,50 11,8 60.000 12 45,00 42,50 63.021 38,00 40,00 37,00 50.000 10 35,00 40.000 44.587 8 30,00 5,4 5,1 25,00 30.000 6 14,00 3,6 20,00 20.000 26.546 3,3 4 15,00 9,00 10.000 15.012 2 10,00 7.249 5,00 0 0
Slide 11: Agenda: Glance at Capital Markets
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results İş Yatırım | Şirket İçi | Internal
Slide 12: Glance at Capital Markets
Glance at Capital Markets Number of Investors Foreign Investors’ Ownership 70% 9.000 8.000 7.644 60% 6.840 7.000 6.503 6.418 5.669 5.741 50% 6.000 5.414 41% 38% 37% 5.000 4.328 40% 36% 36% 3.783 30% 4.000 3.180 3.557 316 3.000 252 30% 2.355 2.000 77 116 323 744 20% 1.000 0 10% '21 '22 '23 '24 '25 '2
Slide 13: Agenda: Operational Performance
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results İş Yatırım | Şirket İçi | Internal
Slide 14: Operational Performance: Equities
Operational Performance Equities Equity Market – Borsa Istanbul İş Investment 11,1% 10,9% 12,0% 10,3% 10,3% 10.000 9,3% 85.757 10,0% 8,6% 9.531 8,3% 8.000 65.481 68.604 8,0% 7.050 6.000 6,0% 35.412 6.720 32.909 4.000 4,0% 18.581 15.027 2.941 3.075 2.000 2,0% 2.024 1.285 '21 '22 '23 '24 '25 '25/3 '26
Slide 15: Operational Performance: Derivatives
Operational Performance Derivatives Turkish Derivatives Market (VIOP) İş Investment 7.000 13,1% 14,0% 12,7% 12,2% 6.000 11,5% 12,0% 49.788 10,6% 6.328 9,8% 9,5% 5.000 10,0% 33.028 4.000 8,0% 3.805 23.322 3.000 6,0% 20.822 15.775 2.541 2.000 2.276 4,0% 10.989 8.945 1.000 1.493 1.444 2,0% 947 0 0,0% '
Slide 16: Corporate Finance - Debt Securities Issuances
Operational Performance Corporate Finance - Debt Securities Issuances Debt Securities Issuances - Market İş Investment 60 140 1.200 1.862 2.000 119 1.854 1.813 90 1.614 1.800 50 120 1.000 1.600 48,8 53,0 52,4 100 1.294 957 1.400 40 43,5 800 1.200 80 30 65 600 1.000 630 69 60 800 60 19 400 459 489 60
Slide 17: Corporate Finance – IPO
Operational Performance Corporate Finance – IPO Consortium member of 11 IPOs with total size of TL 15,5 bn Acted as a consortium member in 11 initial public offering (IPO) representing 87% of the total IPO size in the market in first quarter of the year
Slide 18: Assets Under Management – Equity Loans
Operational Performance Assets Under Management – Equity Loans AuM - İş Asset Management Equity Loans - İş Investment (TL bn) 1.600.000 1.462 1.418 20.000 100% 85 1.400.000 85 18.000 90% 16.000 19.550 80% 1.200.000 418 387 14.000 70% 1.000.000 17.384 798 12.000 60% 765 800.000 58 10.000 50% 54 10.92
Slide 19: Agenda: Financial Results
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results İş Yatırım | Şirket İçi | Internal
Slide 20: Revenue Generation Structure
Financial Results Revenue Generation Structure Operating Revenues Commission Income Non-Commission Income Brokerage Financial Investments Subsidiaries Equity Loans & Treasury Transactions Domestic International Private Equity Equities Corporate Finance Fixed Income Investment Securities IPOs Trust B
Slide 21: Highlighted Figures That Do Not Cover Inflation Adjustments
Financial Results Highlighted Figures That Do Not Cover Inflation Adjustments İş Investment – Consolidated 2025 2026/3 Change (%) (TL 000) Shareholders’ Equity 31.392.744 29.925.435 (5) İş Investment – Consolidated 2025/3 2026/3 Change (%) (TL 000) Operating Revenues 6.304.677 7.896.553 25 Operating
Slide 22: Glance at Inflation Adjusted Financial Statements
Financial Results Glance at Inflation Adjusted Financial Statements İş Investment - Consolidated (TL 000) 2025* 2026/3 y/y (%) Shareholders’ Equity 35.634.134 31.421.246 (12) İş Investment - Consolidated (TL 000) 2025/3* 2026/3 y/y (%) Operating Revenues 8.453.063 8.270.089 (2) Operating Profit 5.99
Slide 23: Breakdown of Operating Revenues
Financial Results Breakdown of Operating Revenues Operating Revenues (TL 000) 2025/3* 2026/3 y/y (%) Interest, Trading & 6.289.932 5.505.772 (12) Financial Investments Brokerage & Financial Services 2.163.131 2.764.317 28 TOTAL 8.453.063 8.270.089 (2) *Restated for the changes in the purchasing powe
Slide 24: Breakdown of Brokerage & Financial Services
Financial Results Breakdown of Brokerage & Financial Services Brokerage & Financial Services 2025/3* 2026/3 y/y (%) (TL 000) Brokerage 1.277.103 1.592.582 25 Corporate Finance 85.669 56.167 (34) Asset Management 800.359 1.115.568 39 TOTAL 2.163.131 2.764.317 28 *Restated for the changes in the purch
Slide 25: Breakdown of Operating Expenses
Financial Results Breakdown of Operating Expenses Operating Expenses (TL 000) 2025/3* 2026/3 y/y (%) Marketing, Sales and Distribution Expenses** (573.176) (951.688) 66 General Administrative Expenses (1.928.316) (2.508.725) 30 TOTAL (2.501.492) (3.460.413) 38 *Restated for the changes in the purcha
Slide 26: Liquidity and Financial Position
Financial Results Liquidity and Financial Position 3,51 2,14 1,39 1,34 1,23 1,20 0,96 0,97 Current Assets /Short Term Liabilities Current Assets / Total Liabilities Total Liabilities / Equity Short Term Liabilities / Total Liabilities 2025 2026/3
Slide 27: Price Performance & Daily Trading Volume
Financial Results Price Performance & Daily Trading Volume Price Performance - ISMEN Daily Trading Volume (TL) - ISMEN Close Price (TL) Market Cap. (TL mn) 83.000,00 55,00 1.200.000.000 50,00 73.000,00 45,00 1.000.000.000 63.000,00 40,00 800.000.000 35,00 53.000,00 30,00 600.000.000 43.000,00 25,00
Slide 28: Investor Relations
Investor Relations Fatih Mehmet Yılmaz Deputy CEO Phone : +90 0212 350 25 00 Fax : +90 0212 350 25 01 E-mail : fyilmaz@isinvestment.com The Investor Relations is responsible for the timely communication of necessary, accurate, complete, comprehensible and easily accessible information and explanatio
Slide 29: Disclaimer
Disclaimer The information in this report is prepared by “İŞ YATIRIM MENKUL DEGERLER A.S.” (İş Investment) and it is not to be construed as an offer or solicitation for the purchase or sale of any financial instrument or the provision of an offer to provide investment services. Information, opinions
Slide 30: ISMEN Performance & Financial Results 2026/3
ISMEN Performance & Financial Results 2026/3 11.05.2026 İş Yatırım | Şirket İçi | Internal
İş Yatırım Menkul Değerler A.Ş. — Q1 2026 Earnings Presentation on 6ix