Turkiye Is Bankasi Anonim Sirketi · BIST:ISBTR
Turkiye Is Bankasi Anonim Sirketi — Türkiye İş Bankası A.Ş. — Q3 2025 Earnings Presentation
33 slides from Turkiye Is Bankasi Anonim Sirketi's earnings presentation, Oct 31, 2025
Slide 1: 2025 Q3 Earnings Presentation
100. YIL İŞ PROGRAMI 2025 Q3 EARNINGS PRESENTATION HEDEF BÜTÇE TOPLANTISI 31 October 2025 24-26 Kasım 2023
Slide 2: Macro Outlook
Macro Outlook ❖ Higher than expected GDP growth in Q2 improved growth ❖ Recent slowdown in disinflation reflected in inflation forecasts for 2025. expectations. GDP Growth Market Participants’ Inflation Expectations 2,0 (sa, %, qoq) (%) 35 8 Monthly CPI inflation (right axis) 1,6 2025 (F): 2025 year
Slide 3: Macro Outlook
Macro Outlook ❖ Current account deficit remains low ❖ CDS hit its lowest level since the first ❖ CBRT reserves hit a historic high. and manageable. quarter of 2020 in mid-September. Current Account Deficit CBRT Reserves CDS (ytd cumulative, billion USD) (billion USD) 400 250 23,0 21,0 21,3 20,3 Net
Slide 4: Period’s Highlights
Period’s Highlights ➢ Strategically positioned balance sheet leading to sustainable growth ➢ Outstanding achievement in swap adjusted NIM ➢ Continued support from robust fee generation ➢ Exceptional performance in cost discipline ➢ Asset quality indicators remains at solid levels ➢ Improved capital
Slide 5: Profitability & Efficiency
Profitability & Efficiency Profitability Ratios (1) Revenue Growth & OPEX 19.9% 18.8% 16.9% 15.8% QoQ YoY 1.6% 1.6% 1.5% 1.6% NII (swap adj.) 116.1% 4.6x 2024 2025 9M 2024 2025 9M Net F&C 9.9% 46.9% RoAA RoATA RoAE RoATE Efficiency Ratios (2) (adjusted) OPEX 10.7% 24.3% Pre-Prov. Income 12.1% 113% (
Slide 6: Solid A&L Bases
Solid A&L Bases Assets Liabilities QoQ Growth YtD Growth QoQ Growth YtD Growth Performing 7.2% 30.7% 8.3% 34.0% 8.4% 28.2% Deposits 8.9% 31.5% Loans 0.6% 14.5% 3.0% 16.5% 7.0% 16.6% -1.5% 7.0% Securities 6.4% 12.2% Non-Deposit -37.3% -49.1% 3.8% 8.4% Funding(2) 11.5% 29.1% 6.2% 26.8% 5.6% 19.6% Tota
Slide 7: Strong Liquidity
Strong Liquidity Maturity Profile of FX Wholesale Funding(1) (bn. USD) Subordinated Debt Securities Issued Other Funds Borrowed Securitization Syndication 4.1 2.2 2.2 0.6 0.2 0.1 2025 Q4 2026 Q1 2026 Q2 2026 Q3 2026 Q4 =>2027 Short Term FX Liabilities: 5.2 bn USD Long Term FX Liabilities: 4.2 bn USD
Slide 8: Spread Evolution
Spread Evolution TL Loan-Deposit Spread(1) (quarterly) FX Loan-Deposit Spread(1) (quarterly) (2) 48.1% Loan Yield Deposit Cost 47.8% 48.0% 48.2% 9.7% 11.4% 10.1% 11.6% 7.8% 8.1% 8.2% 8.1% 38.1% 37.9% 36.7% 36.6% 0.3% 0.3% 0.3% 0.3% 24 Q4 25 Q1 25 Q2 25 Q3 25 Q4 24 Q4 25 Q1 25 Q2 25 Q3 Net Interest I
Slide 9: Net Interest Margin
Net Interest Margin Swap Adjusted NIM Evolution (1)(2) +118 bps NIM expansion +260 bps expansion 2.34% compared to 2024 9M +158 bps +21 bps 1.7% - 3 bps 1.6% - 58 bps 1.16% 0.2% 2024 Q4 2025 Q1 2025 Q2 Deposit + Other Swap Cost Loan Other IEA 2025 Q3 2025 9M IBL Net Interest Margin (1)(2) (swap adju
Slide 10: Diversified Securities
Diversified Securities Total Securities (bn. TL) TL Securities(1) (bn. TL) FX Securities (bn. USD) 528.1 762.2 470.5 496.5 5.7 712.4 5.5 653.9 5.2 30.7% Fixed 48.0% 30.3% 43.9% 47.0% FX 28.0% CPI TL Other FRN 27.2% 69.3% 32.2% 27.5% 72.0% 69.7% 23.9% 25.5% 24.8% 2024 Q4 2025 Q2 2025 Q3 2024 Q4 2025
Slide 11: Sustainable Fee Income Generation
Sustainable Fee Income Generation Net Fees and Commissions (mn. TL) Net F&C Composition (2025 9M) +48.0% +46.9% 95,769 68.3% +9.9% Payment Systems 15.6% 65,215 Lending Related Fees 36,024 32,772 Asset Management 24,339 Money Transfer Bancassurance & Other 6.7% 5.1% 4.3% 24 Q3 25 Q2 25 Q3 2024 9M 202
Slide 12: Impressive Cost Discipline & Increasing Efficiency
Impressive Cost Discipline & Increasing Efficiency Well-Contained OPEX Growth (2025, 9M) Efficiency Ratios (1) (adjusted) İşbank Peer Average 65.3% 56% 55.5% 52% 44% 3.8% Lowest OPEX 3.6% Growth Among Peers 24% 25% 23% 2024 2025 9M 2024 2025 9M Total OPEX HR Non-HR Cost / Av.Assets Cost / Income Inc
Slide 13: Sound Asset Quality Metrics
Sound Asset Quality Metrics Strong Coverage Net NPL Formation (mn. TL, quarterly) 2.34% 1.98%* 2.37% Coverage Ratios 0.6% 11.7% 65.3% 12,141 1.66% 19,308 9,923 7,794 86.8% 15,208 14,892 7,098 7,167 5,285 10.5% 2.7% Share of Stage I Share of Stage II NPL Ratio 25 Q1 25 Q2 25 Q3 (1) Net NPL Formation
Slide 14: Comfortable Capital Buffers
Comfortable Capital Buffers Capital Ratios (2025 Q3) Minimum Capital Requirements (%) Bank-Only Consolidated CET 1 Ratio 7.06 8.57 Tier 1 Ratio 8.56 10.07 CAR 10.56 12.07 Change in Capital Adequacy Ratio Excess Capital 30.06.2025 30.06.2025 15.08% Without Excess Capital (TL mn) Reported Tier 2 Issua
Slide 15: 2025 Expectations
2025 Expectations Guidance Outlook TL Loan Growth (yoy) ~35% Notable improvement in Net Interest Margin (swap adj.) ~350 bps expansion spreads amid a tighter than expected rate trajectory Net Fees & Commissions Growth (yoy) ~50% OPEX Growth (yoy) Avg. CPI NPL Ratio ~3% Net Cost of Risk ~200 bps Capi
Slide 16: Appendix
Appendix ▪ Page 17 - Strong Focus on Digitalisation ▪ Page 18 - Sustainability Journey ▪ Page 19 - Sustainability Structure ▪ Page 20 - Sustainability Achievements ▪ Page 21 - Net Cost of Risk ▪ Page 22 - Decomposition of OPEX ▪ Page 23 - Asset Structure ▪ Page 24 - Loans ▪ Page 25 - Loan Compositio
Slide 17: Strong Focus on Digitalisation
Strong Focus on Digitalisation Digital Acceleration through extensive use Digital platforms that complements our of AI, Data & Analytics solutions ~78% 84% 97% 15.5 mn 6 mn İşCep daily mobile customers share of retail sales* share of commission share of total non- customers through digital revenue t
Slide 18: Sustainability Journey
Sustainability Journey First IFRS S1/S2 Compliant Report First NET-ZERO Climate Transition Plan Green Bond BANKING (First 100% ALLIANCE Net-Zero Green Eurobond First commitment Net-Zero 2030 interim target setting in Türkiye) Sustainability- 2030 interim target setting • Aluminum 7% Linked • Power G
Slide 19: Sustainability Structure
Sustainability Structure High Level Commitment in Sustainability Strong Support for the Transition in Economy Sustainable Funding Governance First bank in Türkiye to announce its Climate Transition • Share of Sustainable Funding in FX Wholesale Funding – 54.4% Plan across all carbon-intensive sector
Slide 20: Sustainability Achievements
Sustainability Achievements International Initiatives ESG Rating & Indices Low Risk 18/1138 - Global Banks Reporting & Awards Environment-friendly Operations • All locations covered by ISO 14001:2015 (As of 30.09.2025) • Head Office Building - the BREEAM In-use Excellent certificate • Tuzla Technolo
Slide 21: Net Cost of Risk
Net Cost of Risk Provisions (TL mn) 25 Q1 25 Q2 25 Q3 2025 9M Stage 1 2,373 2,164 2,101 6,638 Stage 2 1,603 2,169 4,608 8,381 Stage 3 8,672 6,481 9,189 24,342 Reversals (TL mn) (-) 25 Q1 25 Q2 25 Q3 2025 9M Stage 1+2 602 341 -5 938 Stage 3 2,962 3,405 632 7,000 Net CoR * 209 bps 147 bps 290 bps 218
Slide 22: Decomposition of OPEX
Decomposition of OPEX (TL thousand) 2025 Q2 2025 Q3 ∆ QoQ 2024 9M 2025 9M ∆ YoY HR Expenses 14,593,777 15,132,934 3.7% 33,869,841 41,549,372 22.7% Non-HR expenses 19,981,503 23,143,695 15.8% 50,148,074 62,862,605 25.4% Advertisement & Marketing 675,227 818,633 21.2% 3,468,640 2,734,002 -21.2% IT and
Slide 23: Asset Structure
Asset Structure (TL mn.) 2024 2025 Q2 2025 Q3 ∆ QoQ ∆ YtD Cash & Banks 682,396 848,851 872,736 2.8% 27.9% Securities (Net) 653,869 712,396 762,161 7.0% 16.6% Loans 1,622,484 1,978,648 2,120,221 7.2% 30.7% Participations (Net) 204,183 240,494 254,002 5.6% 24.4% Fixed Assets (Net) 65,028 74,146 78,911
Slide 24: Loans
Loans (TL mn.) 2024 2025 Q2 2025 Q3 ∆ QoQ ∆ YtD Total Loans 1,622,484 1,978,648 2,120,221 7.2% 30.7% TL Loans 1,028,867 1,216,520 1,319,118 8.4% 28.2% Retail Loans* 508,172 640,717 724,190 13.0% 42.5% Housing Loans* 65,443 77,240 80,699 4.5% 23.3% Auto Loans* 6,367 6,229 6,102 -2.0% -4.2% (1)* GPLs
Slide 25: Loan Composition
Loan Composition Currency Mix (bn.TL) Total Loans (bn. TL) 2,120.2 2,120.2 1,978.6 (1) 1,978.6 Consumer 1,622.5 15.6% 1,622.5 (2) 15.3% 37.8% Credit Cards 18.6% 38.5% 15.3% 17.2% 36.6% (3) FX SME 16.1% 22.5% 21.6% TL 22.8% 61.5% 62.2% Commercial & 63.4% Corporate 45.9% 43.3% 45.8% 2024 2025 Q2 2025
Slide 26: Sector Breakdown of Loans
Sector Breakdown of Loans Total Loans Breakdown* (%) Commercial Loans Breakdown* (%) Metal Products; Energy; 6.8% 8.5% Transportation & Logistics; 5.7% Other (share <4%); 32.9% Retail; 34.2% Commercial, Construction; 5.5% Corporate & SME; 65.8% Textile; 5.4% Agriculture & Automotive; 5.3% Livestock;
Slide 27: Liabilities Structure
Liabilities Structure (TL mn.) 2024 2025 Q2 2025 Q3 ∆ QoQ ∆ YtD Deposits 2,127,117 2,631,296 2,850,511 8.3% 34.0% REPOs & Money Market 338,408 344,671 290,566 -15.7% -14.1% Funds Borrowed 211,093 218,521 225,275 3.1% 6.7% Securities Issued 55,606 102,596 117,117 14.2% 110.6% Other 273,215 317,936 35
Slide 28: Deposits
Deposits (TL mn.) 2024 2025 Q2 2025 Q3 ∆ QoQ ∆ YtD Total Deposits 2,127,117 2,631,296 2,850,511 8.3% 34.0% TL Deposits 1,215,867 1,468,066 1,599,075 8.9% 31.5% TL Saving Deposits 718,441 840,174 873,485 4.0% 21.6% TL Commercial Deposits 409,482 535,326 621,950 16.2% 51.9% Other TL Deposits 87,944 92
Slide 29: Income Statement Highlights
Income Statement Highlights (TL mn.) 2025 Q2 2025 Q3 ∆ QoQ 2024 9M 2025 9M ∆ YoY Net Interest Income 14,891 25,602 71.9% 25,638 58,197 127.0% (1) (-) SWAP Cost 6,250 6,928 10.8% 40,305 20,305 -49.6% Net Interest Income Incl. Swap Cost 8,641 18,674 116.1% -14,667 37,892 358.3% Net Fees & Commissions
Slide 30: Fees & Commissions Income
Fees & Commissions Income (TL thousand) 2025 Q2 2025 Q3 ∆ QoQ 2024 9M 2025 9M ∆ YoY Cash Loans 3,340,703 3,207,150 -4.0% 7,411,200 9,551,477 28.9% Non-Cash Loans 1,875,146 1,888,403 0.7% 3,958,827 5,379,752 35.9% Payment Systems 22,878,085 24,735,541 8.1% 43,404,786 65,415,547 50.7% Asset Management
Slide 31: Largest Private Bank
Largest Private Bank Market Shares(1) Market Shares(2) Rank(3) 2025 Q3 2025 Q3 2025 Q3 Total Assets 10.6% 20.3% 1st Total Loans 10.8% 20.9% 1st TL Loans 10.9% 19.8% 2nd FX Loans 10.8% 22.9% 1st Consumer Loans(4) 12.7% 19.7% 3rd Non-Retail Loans 9.7% 21.6% 1st Total Deposits 12.2% 23.6% 1st TL Deposi
Slide 32: Disclaimer
Disclaimer The information in this document has been obtained by Türkiye İş Bankası A.Ş. (“Isbank”) from sources believed to be reliable, however, Isbank cannot guarantee the accuracy, completeness, or correctness of such information. This document has been issued for information purposes only. The
Slide 33: Contact Information
Contact Information Türkiye İş Bankası A.Ş. Head Office Investor Relations and Sustainability Division Phone: + 90 212 316 16 02 Fax: + 90 212 316 08 39 E-mail: investorrelations@isbank.com.tr 33
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