Turkiye Halk Bankasi Anonim Sirketi · BIST:HALKB

Turkiye Halk Bankasi Anonim Sirketi — Türkiye Halk Bankası A.Ş. — Q2 2026 Earnings Presentation

28 slides from Turkiye Halk Bankasi Anonim Sirketi's earnings presentation, 2026

  1. Slide 1: 2Q26 Earnings Presentation

    2Q26 EARNINGS PRESENTATION BRSA Bank Only

  2. Slide 2: 2Q26 Earnings Presentation contents

    2Q26 Earnings Presentation !"#$%& '()*%%+ 3040)"*02")0%1 ,("$)-$*. 5(2)"01"60*0). /01"1#0"*2 Investor Relations 1 www.halkbank.com.tr

  3. Slide 3: Rebalancing narrative continues, operating environment to improve further

    2Q26 Earnings Presentation Rebalancing narrative continues, operating environment to improve further. CPI vs. Policy Rate (%) Real GDP Growth (Annual, %) Budget Balance as of GDP (%) CPI (YoY, %) CBRT Policy Rate (%) Budget Balance Primary Budget Balance 11.8 1.0 2002-2025 0.0 average 35.0 5.4 5.0 3

  4. Slide 4: Lower country leverage means more room for the banks to penetrate

    2Q26 Earnings Presentation Lower country leverage means more room for the banks to penetrate. Total Assets as of Nominal GDP* (%) Indebtedness (Debt/GDP**, %) Country Risk Premium (bps) Banking Assets as of GDP Nominal GDP(USD Bn) General Government Financial Corporations Türkiye 5 Year CDS (bps) No

  5. Slide 5: Halkbank is in the top-5 by key sector indicators

    2Q26 Earnings Presentation Halkbank is in the top-5 by the key sector indicators in the Turkish banking sector #4 #5 #3 #3 Total Assets Total Loans (Cash) Total Deposits Securities Portfolio Mkt Share: ~9.0% Mkt Share: ~8.2% Mkt Share: ~11.6% Mkt Share: ~12.8% TRY 4.7 Tn (2Q25) TRY 2.3 Tn (Inc. accr

  6. Slide 6: Asset Growth

    2Q26 Earnings Presentation Asset mix to rebalance in favor of loans > FX LCR is at 214%, well above the regulatory limit of 80%. Asset Mix (%) Asset Growth Loans Securities Bank Placements CBRT Receivables Cash YoY 29.4% QoQ 6.5% Liq. Assets Other Assets Total Asset Growth (TRY billion) 3.5% 49.0% 8

  7. Slide 7: Hefty CPI linkers portfolio continued to hedge against inflationary pressures

    2Q26 Earnings Presentation Hefty CPI linkers portfolio continued to hedge against recent inflationary pressures Total Securities Portfolio (TRY billion) Securities Classification (TRY billion) Total Securities / Total Assets (%) Fixed Rate (FX) Other Floating Rate CPI Linkers Fixed Rate (TRY) 27.3 27.

  8. Slide 8: Loans grew faster than the sector average

    2Q26 Earnings Presentation Loans grew faster than the sector average as part of our strategy prioritizing loans (TRY billion)(a) 39.9% Total Loans 9.3% HALKBANK B. Sector(b) YoY YoY 39.9.% 37.0% 2,187.8 QoQ QoQ 2,001.4 9.3% 7.6% 1,842.1 887.8 TRY Loans 1,563.9 1,667.7 738.1 787.5 Business Loans YoY

  9. Slide 9: FX driven loan growth

    2Q26 Earnings Presentation FX driven loan growth HALKBANK B. Sector(b) YoY 44.9% 27.1% HALKBANK B. Sector(b) QoQ 12.9% 6.2% YoY 37.7% 43.2% in USD YoY 23.5% 8.4% QoQ 7.7% 8.3% terms QoQ 7.7% 1.2% TRY Loans (TRY billion)(a) FX Loans (TRY billion)(a) Retail Loans SME Loans Commercial Loans Corporate L

  10. Slide 10: Well-positioned loan portfolio

    2Q26 Earnings Presentation Well-positioned loan portfolio Loans by Currency (%)(a) Loans by Customer Segmentation (%)(a) Commercial 8% SME 11.0% Commercial 10.6% FX SME 47% 31.3% Corporate 33% Corporate 78.3% TRY 68.7% CGF 5% Retail 13% Cooperative 29%(b) Sectoral Breakdown of Loans (%) Retail Loans

  11. Slide 11: Improving NPL coverage ratio

    2Q26 Earnings Presentation Improving NPL coverage ratio, albeit increasing S3 inflows in line with the Peers NPL Portfolio (TRY million)(a) NPL Coverage (%)(a) 83,572 72,424 62.0 63.4 62.9 63.2 54.4 62,505 55,967 45,298 Jun-25 Sep-25 2025 Mar-26 Jun-26 Jun-25 Sep-25 2025 Mar-26 Jun-26 Loans under Clo

  12. Slide 12: Asset quality divergence across the segments

    2Q26 Earnings Presentation Asset quality divergence across the segments Halkbank NPL Sector NPL (*) Corporate - Commercial (%) Consumer Loans (%) 6.3 5.9 5.7 5.6 5.2 5.5 5.0 5.2 4.8 4.9 1.6 1.6 1.5 1.5 1.4 1.2 1.2 1.3 1.3 1.3 Jun-25 Sep-25 2025 Mar-26 Jun-26 Jun-25 Sep-25 2025 Mar-26 Jun-26 SME Loan

  13. Slide 13: Prudent approach remains along with improving CoR

    2Q26 Earnings Presentation Prudent approach remains along with improving CoR Provisions and Reversals (TRY million) Net Cost of Risk (bps) (Cumulative) Total Specific Quarterly (TRY million) Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 141 139 118 124 S1 Provisions 1,188 1,489 2,824 955 905 92 128 121 S2 Provisions

  14. Slide 14: Strategical change in the liability composition to continue

    2Q26 Earnings Presentation Strategical change in the liability composition to continue Loan to Deposit (%) Composition of IBLs(a) Liabilities Mix (%) (b) Halkbank L/D Sector L/D 91.4% 90.9% 91.0% 90.9% 90.4% Deposits Marketable Funds Borrowed Securities Issued Interbank Money Market Shareholders’ Eq

  15. Slide 15: Deposits maintains as main source of funding

    2Q26 Earnings Presentation Deposits maintains as main source of funding HALKBANK B. Sector(b) YoY 22.9% 30.3% HALKBANK B. Sector(b) HALKBANK B. Sector(b) QoQ 5.9% -0.4% YoY 23.6% 30.6% YoY 24.0% 30.8% in USD YoY 4.8% 11.1% QoQ 8.3% 6.9% QoQ 9.8% 12.0% terms QoQ 1.0% -5.1% Total Deposits TRY Deposits

  16. Slide 16: Sustained growth in demand deposit

    2Q26 Earnings Presentation Sustained growth in demand deposit Demand Deposits (TRY billion)(a) Time Deposits (TRY billion)(a) Deposits by Currency (%)(b) Demand Deposits/Total Deposits (%) Time Deposits/Total Deposits (%) 24.1% 25.5% 27.1% 26.0% 77.0% 75.9% 74.5% 74.0% FX 23.0% 72.9% 37% 44.5% 22.6%

  17. Slide 17: The impact of tight monetary policy on the spreads

    2Q26 Earnings Presentation The impact of the tight monetary policy puts down on the spreads Blended Cost - Yield - Spread (%) Spreads (%) Yield on Loans Cost of Deposits(*) Spread TRY Core FX Core Blended Core 12.1 10.8 10.9 33.0 35.5 32.7 31.8 30.5 8.4 7.0 10.4 8.5 9.0 7.0 12.1 10.8 10.9 8.4 7.1 6.

  18. Slide 18: Headline NIM hovers above 4% handle

    2Q26 Earnings Presentation Headline NIM hovers above 4% handle despite challenging operating environment Net Interest Income (TRY million) NIM (%) Interest Income Interest Expenses YtD Quarterly Swap adj. (QoQ) Swap adj. (YtD) 71.5% 12.8% 4.3 4.5 3.7 22,916 22,104 28,421 34,848 39,308 3.6 4.3 4.4 3.

  19. Slide 19: Bottom-line grew by 65% YoY

    2Q26 Earnings Presentation Bottom-line grew by 65% YoY Total Operating Revenues (TRY million)(a) Q2-26 Revenue Walk (TRY million) 35.6% -2.9% 10,440 18,061 52,222 50,690 (9,339) 48,144 39,308 42,260 37,385 8,223 (39,577) (10,670) NII Net F&C Income Net Trading Income Total Provisions Net Income (Q2-

  20. Slide 20: Cyclical wage increase temporarily paused the efficiency improvement

    2Q26 Earnings Presentation Cyclical wage increase temporarily paused the efficiency improvement Operating Expenses (TRY million) Operating Expenses / Average Assets (%) 50.3% 20.6% 3.19 39.577 3.05 31,215 32,818 26,339 25,645 2.89 2.87 2.79 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26

  21. Slide 21: Solvency ratios

    2Q26 Earnings Presentation Solvency ratios CAR (%) Details on Capital Ratio Tier-I CAR Details on Capital Ratio Cons. Basel III Uncons. Basel III 15.5 16.2 (TRY mn) Jun-26 Jun-26 14.8 13.4 14.0 Credit Risk Base Amount (CRBA) 2,578,660 2,443,869 Market Risk Base Amount (MRBA) 69,736 72,124 11.9 12.7

  22. Slide 22: Digitalisation – Branch Network – Human Resources

    2Q26 Earnings Presentation Digitalisation – Branch Network – Human Resources Active Digital Customers by Types (Million) Breakdown of Banking Transactions (%) # of Total Active Digital Customers(a) Call Center 11% 14% Internet Banking 7% ATM 24% 7.2 7.5 7.5 6.6 6.8 Automatic Payment 6% Branch 4% Mob

  23. Slide 23: Sustainable banking approach

    2Q26 Earnings Presentation Sustainable banking approach ./0/1 234/5 H4>:/Q80FP51= V/R1W1= GP/>5:\.>1R80@^= O4EC\4/C8K4=8R1J1EP21R8D454X8@Pa4E&8 I.5C1Yb=8X:5=>8F45\P/T/1.>54E8F51R:>8F45R" DXDY 2-Z,-K<5), [NT:: U"+)5,-)K956+',-K<5), VSW ,) >P/= CQ/34:66:C-6/S3-3E,53T/5=ECMS=CM5/5=3/ 1:Q32N213/CQ/5=3/0

  24. Slide 24: Sustainability journey

    2Q26 Earnings Presentation Sustainability journey E"2$ Q[W'"08'E"2$ ["&U#U6 )"I%'"B)/%I%8'B56@2/"0B%' 7/&)'F(W'XVYYX'"08'F(W' ZYYYX'.&"08"#8.9 O%"#P&%#6'&"#=%&.' M22'5@%#"&/50"2'856%.&/B' #%@5#&%8'&5 .-1./8/"#/%.')"I%'1%%0' >/#.&'(-.&"/0"1/2/&3' E"2$1"0$'7".'/0B2-8%8' (CA/'7%#%'"@@#5I%89 B56@2/"0&'7

  25. Slide 25: Annex

    2Q26 Earnings Presentation Annex TRY Market Banking Halkbank Million Share (%) Sector Metrics(b) H125 H126 Total Assets 4,721,843 9.0 Loan Growth (YtD, %) 21.8 37.0 Loans (a) 2,187,756 8.0 Deposit Growth (YtD, %)(c) 21.3 30.6 TRY Loans 1,502,921 8.8 LDR (%) 83.6 88.3 FC Loans 684,835 7.1 NPL (%) 2.1

  26. Slide 26: Balance Sheet

    2Q26 Earnings Presentation Balance Sheet QoQ YtD YoY In TRY million H1-25 2025 Mar-26 H1-26 Change % Change % Change % Cash and Balances Held with the Central Bank(a) 781,970 847,599 765,491 753,047 (1.6) (11.2) (3.7) Banks & Money Market(b) 28,044 44,257 54,422 54,104 (0.6) 22.2 92.9 Securities(b)

  27. Slide 27: Income Statement

    2Q26 Earnings Presentation Income Statement YoY QoQ YoY Change Change Change In TRY million H1-25 H1-26 % Q2-25 Q1-26 Q2-26 % % Interest Income 429,657 514,593 19.8 233,756 242,485 272,108 12.2 16.4 On Loans 246,840 321,420 30.2 127,231 155,760 165,660 6.4 30.2 On Securities 139,973 143,697 2.7 83,4

  28. Slide 28: For further information please contact halkbank.IR@halkbank.com.tr

    For further information please contact halkbank.IR@halkbank.com.tr DISCLAIMER The information contained in this presentation has been prepared by Türkiye Halk Bankası A.Ş. (the Bank) for informational purposes only. Although the information in this presentation has been obtained from sources which t

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