Turkiye Halk Bankasi Anonim Sirketi · BIST:HALKB

Turkiye Halk Bankasi Anonim Sirketi — Türkiye Halk Bankası A.S. — Q4 2025 Earnings Presentation

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

  1. Slide 1: 4Q25 Earnings Presentation

    4Q25 EARNINGS PRESENTATION BRSA Bank Only

  2. Slide 2: Asset Growth

    4Q25 Earnings Presentation Total assets growth outpaced inflation in 2025 > FX LCR is at 220%, well above the regulatory limit of 80%. Asset Mix (%) Asset Growth Loans Securities Bank Placements CBRT Receivables Cash YoY 42.7% QoQ 6.5% Liq. Assets Other Assets Total Asset Growth (TRY billion) 3.3% 44

  3. Slide 3: High sensitivity to policy rate could generate tailwinds in TL securities portfolio

    4Q25 Earnings Presentation High sensitivity to policy rate could generate tailwinds in TL securities portfolio Total Securities Portfolio (TRY billion) Securities Classification (TRY billion) Total Securities / Total Assets (%) Fixed Rate (FX) Other Floating Rate CPI Linkers Fixed Rate (TRY) 26.0 27.

  4. Slide 4: FX loan growth bolstered the total loan growth throughout 2025

    4Q25 Earnings Presentation FX loan growth bolstered the total loan growth throughout 2025 (TRY billion)(a) 34.1% Total Loans 9.8% HALKBANK B. Sector(b) YoY YoY 34.1% 44.1% 1,842.1 QoQ QoQ 1,667.7 9.8% 8.9% 1,563.9 Business Loans 738.1 YoY 43.4% 1,448.7 TRY Loans 1,373.4 668.9 QoQ 10.3% HALKBANK B. S

  5. Slide 5: Growing market share in FX loans

    4Q25 Earnings Presentation Growing market share in FX loans HALKBANK B. Sector(b) YoY 59.8% 45.0% HALKBANK B. Sector(b) QoQ 8.8% 5.9% YoY 25.1% 43.5% in USD YoY 31.4% 19.3% QoQ 10.2% 10.7% terms QoQ 5.4% 2.6% TRY Loans (TRY billion)(a) FX Loans (TRY billion)(a) Retail Loans SME Loans Commercial Loan

  6. Slide 6: FX loan share remained firmly in the 30% range

    4Q25 Earnings Presentation FX loan share remained firmly in the 30% range Loans by Currency (%)(a) Loans by Customer Segmentation (%)(a) Commercial 7% SME 10.7% Commercial 9.2% FX SME 48% 31.0% Corporate 33% Corporate 80.2% TRY 69.0% CGF 5% Retail 12% Cooperative 34%(b) Sectoral Breakdown of Loans (%

  7. Slide 7: Early signs of stabilisation in NPL ratio

    4Q25 Earnings Presentation Early signs of stabilisation in NPL ratio NPL Portfolio (TRY million)(a) NPL Coverage (%)(a) 62,505 55,967 63.8 62.0 63.4 45,298 57.3 54.4 35,786 28,862 2024 Mar-25 Jun-25 Sep-25 2025 2024 Mar-25 Jun-25 Sep-25 2025 Loans under Close Watch (TRY million) NPL/Total Loans (%)(

  8. Slide 8: NPL ratio by segments

    4Q25 Earnings Presentation NPL ratio by segments Halkbank NPL Sector NPL (*) Corporate - Commercial (%) Consumer Loans (%) 5.9 5.6 5.2 4.4 4.8 4.9 5.0 3.9 4.4 3.6 1.6 1.6 1.6 1.6 1.5 1.2 1.2 1.2 1.3 1.1 2024 Mar-25 Jun-25 Sep-25 2025 2024 Mar-25 Jun-25 Sep-25 2025 SME Loans (%) Credit Cards (%) 5.7

  9. Slide 9: Prudent risk management remains a core strength

    4Q25 Earnings Presentation Prudent risk management remains a core strength Provisions and Reversals (TRY million) Net Cost of Risk (bps) (Cumulative) Total Specific Quarterly 141 139 (TRY million) Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 92 80 128 S1 Provisions -52 1,081 1,188 1,489 2,824 116 23 S2 Provisions 4

  10. Slide 10: FX wholesale funding share continued to increase

    4Q25 Earnings Presentation FX wholesale funding share continued to increase Loan to Deposit (%) Composition of IBLs(a) Liabilities Mix (%) (b) Halkbank L/D Sector L/D 91.1% 92.1% 91.4% 90.9% 91.0% Deposits Marketable Funds Borrowed Securities Issued Interbank Money Market Shareholders’ Equity FX 32.

  11. Slide 11: Strategic focus on public sector deposits

    4Q25 Earnings Presentation Strategic focus on public sector deposits HALKBANK B. Sector(b) YoY 64.8% 59.6% HALKBANK B. Sector(b) HALKBANK B. Sector(b) QoQ 6.2% 10.2% YoY 47.6% 43.5% YoY 39.2% 34.6% in USD YoY 35.5% 31.2% QoQ 10.4% 9.5% QoQ 13.0% 9.1% terms QoQ 2.8% 6.7% Total Deposits TRY Deposits F

  12. Slide 12: Sustained growth in demand deposits

    4Q25 Earnings Presentation Sustained growth in demand deposits Demand Deposits (TRY billion)(a) Time Deposits (TRY billion)(a) Deposits by Currency (%)(b) Demand Deposits/Total Deposits (%) Time Deposits/Total Deposits (%) 22.7% 23.0% 24.1% 25.5% 21.5% 78.5% 77.3% 77.0% 75.9% FX 74.5% 31% 71.0% 37.1

  13. Slide 13: Modest QoQ compression in TRY core spreads

    4Q25 Earnings Presentation Modest QoQ compression in TRY core spreads Blended Cost - Yield - Spread (%) Spreads (%) Yield on Loans Cost of Deposits(*) Spread TRY Core FX Core Blended Core 12.1 10.8 35.0 33.7 33.0 35.5 32.7 8.3 8.5 7.2 7.0 10.4 8.3 7.0 7.2 12.1 10.8 6.9 7.1 7.1 6.6 6.5 (23.4) (21.9)

  14. Slide 14: NII more than tripled in the YoY terms

    4Q25 Earnings Presentation NII more than tripled in the YoY terms Net Interest Income (TRY million) NIM (%) Interest Income Interest Expenses YtD Quarterly Swap adj. (QoQ) Swap adj. (YtD) 224% 28.6% 3.6 3.7 22,916 22,104 28,421 3.2 3.4 8,772 16,331 2.9 3.3 1.9 3.1 2.9 189,072 195,901 233,756 232,437

  15. Slide 15: Significant surge in total operating revenues

    4Q25 Earnings Presentation Significant surge in total operating revenues Total Operating Revenues (TRY million)(a) Q4-25 Revenue Walk (TRY million) 105.2% 13.9% 6,445 17,800 48,144 (3,132) 42,260 28,421 37,385 30,896 23,458 (31,215) 6,927 (11,393) NII Net F&C Income Net Trading Income Total Provision

  16. Slide 16: Disciplined cost management improved cost-to-income ratio

    4Q25 Earnings Presentation Disciplined cost management improved cost-to-income ratio Operating Expenses (TRY million) Operating Expenses / Average Assets (%) 92.6% 21.7% 2.89 2.87 2.80 2.79 31,215 2.29 26,339 25,645 21,450 16,208 Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 Cost/Incom

  17. Slide 17: Solvency ratios supported by robust growth in Shareholder's Equity

    4Q25 Earnings Presentation Solvency ratios supported by robust growth in Shareholder's Equity CAR (%) Details on Capital Ratio Tier-I CAR Details on Capital Ratio Cons. Basel III Uncons. Basel III 15.5 16.2 (TRY mn) Dec-25 Dec-25 14.8 13.4 14.8 Credit Risk Base Amount (CRBA) 1,949,727 1,890,146 Mark

  18. Slide 18: Digitalisation – Branch Network – Human Resources

    4Q25 Earnings Presentation Digitalisation – Branch Network – Human Resources Active Digital Customers by Types (Million) Breakdown of Banking Transactions (%)(**) (a) # of Total Active Digital Customers Call Center 12% 10% Internet Banking 7% ATM 24% 6.8 7.2 6.5 6.5 6.6 Automatic Payment 6% Branch 4

  19. Slide 19: Sustainable banking approach

    4Q25 Earnings Presentation Sustainable banking approach Rating Scores Contributed SDGs Paraf Doğal Indexes Halkbank has developed Paraf Doğal, Turkey’s first carbon-neutral credit card. (6*6FRUH Water Security Score “A-” 15 tons of emissions generated throughout the Climate Change Score Detailed inf

  20. Slide 20: Sustainability journey

    4Q25 Earnings Presentation Sustainability journey Near-term targets reported to First Sustainability Halkbank was included SBTi were approved. Report was in the BIST published. Halkbank became the Sustainability Index first financial institution to Environment and take part Achieved a first-time Ene

  21. Slide 21: Annex

    4Q25 Earnings Presentation Annex TRY Market Banking Halkbank Million Share (%) Sector Metrics(b) 2024 2025 Total Assets 4,292,781 9.1 Loan Growth (YtD, %) 37.5 44.1 Loans (a) 1,842,074 8.0 Deposit Growth (YtD, %)(c) 27.5 43.5 TRY Loans 1,270,931 8.7 LDR (%) 82.9 83.9 FC Loans 571,143 6.7 NPL (%) 1.8

  22. Slide 22: Balance Sheet

    4Q25 Earnings Presentation Balance Sheet QoQ YoY In TRY million 2024 Sep-25 2025 Change % Change % Cash and Balances Held with the Central Bank(a) 623,117 838,744 847,599 1.1 36.0 Banks & Money Market(b) 26,984 34,187 44,257 29.5 64.0 Securities(b) 783,143 1,124,276 1,186,846 5.6 51.5 Net Loans(b) 1

  23. Slide 23: Income Statement

    4Q25 Earnings Presentation Income Statement YoY QoQ YoY Change Change Change In TRY million 2024 2025 % Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 % % Interest Income 665,005 901,955 35.6 189,072 195,901 233,756 232,437 239,861 3.2 26.9 On Loans 435,454 545,157 25.2 123,385 119,608 127,231 149,133 149,184 0.0 20

  24. Slide 24: 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.S. (the Bank) for informational purposes only. Although the information in this presentation has been obtained from sources which t

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