Is Yatirim Menkul Degerler As · BIST:ISMEN
Is Yatirim Menkul Degerler As — İş Yatırım Menkul Değerler A.Ş. — FY2025 Earnings Presentation
31 slides from Is Yatirim Menkul Degerler As's earnings presentation, Mar 5, 2026
Slide 1: ISMEN Performance & Financial Results 2025
ISMEN Performance & Financial Results 2025 05.03.2026 İş Yatırım | Şirket İçi | Internal
Slide 2: 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, Vision, Mission
About Us Shareholding Structure Vision, Mission and Corporate Values Isbank & Free Float Isbank 29% Group Companies VISION MISSION CORPORATE VALUES %71 To be the leader and • Offer a wide range of • Laws, ethical and governance the most reliable investment banking services abiding investment institu
Slide 4: About Us
About Us TL 117.717 Mn Established in 1996 TL 32.383 Mn 607 as the investment banking arm of İşbank TL 0.5 Mn TL 0.5 Mn 42 Shareholders' Equtiy Total Assets Employees 1996 2025 1996 2025 1996 2025 36 Branches -Inflation adjusted 31.12.2025 dated financial figures.
Slide 5: Widespread Branch Network
About Us Widespread Branch Network Ataşehir Taksim Güneşli Beylikdüzü Kalamış Bağdat Caddesi Levent Tuzla Maslak Boğaziçi Maltepe Etiler Nişantaşı Yeşilyurt İstanbul Ankara Çorlu Anadolu Samsun İzmit* Başkent Trabzon Bursa Bursa Ankara Nilüfer* Eskişehir Kayseri İzmir Konya* 9 Eylül İzmir Denizli Di
Slide 6: Subsidiaries
About Us Subsidiaries MAXIS INVESTMENTS MAXIS VENTURE CAPITAL EFES NPL MANAGEMENT (100.00%) PORTFOLIO MANAGEMENT (85.14%) London headquartered (100.00%) Mainly specializes in managing subsidiary to serve Establish and manage venture banks’ NPLs and restructuring brokerage activities capital investme
Slide 7: Sustainability Highlights
About Us Sustainability Highlights Included in the BIST Sustainability Index since October 2022
Slide 8: ISMEN's Share Indices
Bizi Tanıyın ISMEN’in Dahil Olduğu Pay Endeksleri BIST 100, BIST 500 BIST FINANCIALS FTSE Global EIS Mid Cap BIST SUSTAINABILITY BIST STARS MSCI Global Small Cap BIST DIVIDEND, BIST DIVIDEND 25 BIST DIVIDEND 5 YEARS, BIST DIVIDEND 10 YEARS WisdomTree BIST 100-30 BIST ALL SHARES BIST BROKERAGE HOUSES
Slide 9: Main Business Lines
About Us Main Business Lines Main Business Lines Brokerage Corporate Finance Investment Advisory Asset Management Research Financial Investments & Trading
Slide 10: Main Macroeconomic Indicators
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results İş Yatırım | Şirket İçi | Internal
Slide 11: Main Macroeconomic Indicators
Main Macroeconomic Indicators GDP & Real Growth CBRT Policy Rate (%) (%) (TL Bn) 50,00 47,50 45,00 46,00 43,00 70.000 14 45,00 42,50 40,50 42,50 39,50 11,8 40,00 38,00 60.000 63.021 12 35,00 37,00 50.000 10 30,00 40.000 8 25,00 44.587 5,4 20,00 17,00 30.000 5,1 6 15,00 14,00 3,6 20.000 26.546 3,3 4
Slide 12: Glance at Capital Markets
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results İş Yatırım | Şirket İçi | Internal
Slide 13: Glance at Capital Markets
Glance at Capital Markets Number of Investors Foreign Investors’ Ownership 70% (Thousand) 9.000 60% 8.000 7.644 6.840 49% 7.000 6.503 50% 5.669 41% 6.000 5.414 38% 37% 40% 36% 5.000 4.328 3.783 30% 4.000 3.075 3.180 3.557 30% 3.000 2.355 1.989 2.000 20% 760 1.000 87 77 252 316 116 10% 0 '20 '21 '22
Slide 14: Operational Performance
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results İş Yatırım | Şirket İçi | Internal
Slide 15: Operational Performance: Equities
Operational Performance Equities Equity Market – Borsa Istanbul İş Investment 10.000 11,1% 12,0% 10,3% 10,3% 9.531 85.757 9,5% 10,0% 8.000 8,6% 8,3% 65.481 68.604 8,0% 7.050 6.000 6.720 6,0% 35.412 4.000 4,0% 13.189 15.027 2.000 2.941 2,0% 1.255 1.285 '20 '21 '22 '23 '24 '25 0 0,0% '20 '21 '22 '23 '
Slide 16: Operational Performance: Derivatives
Operational Performance Derivatives Turkish Derivatives Market (VIOP) İş Investment 7.000 12,7% 14,0% 6.000 11,5% 12,0% 49.788 10,6% 6.328 9,5% 9,8% 5.000 9,3% 10,0% 33.028 4.000 8,0% 3.805 23.322 3.000 6,0% 15.775 2.000 2.276 4,0% 8.945 5.737 1.000 1.493 2,0% 947 535 0 0,0% '20 '21 '22 '23 '24 '25
Slide 17: Corporate Finance - Debt Securities Issuances
Operational Performance Corporate Finance - Debt Securities Issuances Debt Securities Issuances - Market İş Investment 100 140 1.200 1.854 1.813 1.874 2.000 119 90 1.614 1.800 120 1.000 80 86,8 1.600 1.294 995,0 70 90 100 1.254 1.400 800 65 60 72 1.200 80 69 600 1.000 50 630,0 53,0 40 50 52,4 60 800
Slide 18: Corporate Finance – IPOs
Operational Performance Corporate Finance – IPOs Kalyon PV Implements the Solar Technologies Consortium member for IPO Ratio 17 IPOs with 11.26% total size of TL 42.2 bn IPO Size TL 3.3 Billion $ 90.7 Million We intermediated Kalyon PV IPO as the consortium leader while participating 17 IPOs as a co
Slide 19: Assets Under Management – Equity Loans
Operational Performance Assets Under Management – Equity Loans AuM - İş Asset Management Equity Loans - İş Investment (TL Mn) 1.600.000 1.418 25.000 1.400.000 85 19.550 20.000 1.200.000 387 1.000.000 765 15.000 800.000 54 10.925 600.000 221 10.000 338 170 946 6.270 400.000 94 31 3.831 16 5.000 62 11
Slide 20: Financial Results
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results İş Yatırım | Şirket İçi | Internal
Slide 21: 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 22: Highlighted Figures Without Inflation Adjustments
Financial Results Highlighted Figures That Do Not Cover Inflation Adjustments İş Investment – Consolidated 2024 2025 Change (%) (TL 000) Shareholders’ Equity 25.977.748 31.392.744 21 Operating Revenues 20.280.476 28.737.399 42 Operating Expenses (4.922.951) (8.829.711) 79 Operating Profit 15.668.576
Slide 23: Glance at Inflation Adjusted Financial Results
Financial Results Glance at Inflation Adjusted Financial Results İş Investment – Consolidated 2024* 2025 Change (%) (TL 000) Shareholders’ Equity 34.829.406 32.382.892 (7) Operating Revenues 30.440.881 31.264.962 3 Operating Expenses (6.700.558) (9.877.885) 47 Operating Profit 24.280.423 21.274.450
Slide 24: Breakdown of Operating Revenues
Financial Results Breakdown of Operating Revenues Operating Revenues (TL 000) 2024* 2025 y/y (%) Interest, Trading & 22.818.893 23.337.192 2 Financial Investments Brokerage & Financial Services 7.621.988 7.927.770 4 TOTAL 30.440.881 31.264.962 3 *Restated for the changes in the purchasing power of T
Slide 25: Breakdown of Brokerage & Financial Services
Financial Results Breakdown of Brokerage & Financial Services Brokerage & Financial Services 2024* 2025 y/y (%) (TL 000) Brokerage 4.756.004 4.553.871 (4) Corporate Finance 346.325 239.389 (31) Asset Management 2.519.659 3.134.510 24 TOTAL 7.621.988 7.927.770 4 *Restated for the changes in the purch
Slide 26: Breakdown of Operating Expenses
Financial Results Breakdown of Operating Expenses Operating Expenses (TL 000) 2024* 2025 y/y (%) Marketing, Sales and Distribution Expenses** (1.434.938) (2.793.541) 95 General Administrative Expenses (5.265.620) (7.084.344) 35 TOTAL (6.700.558) (9.877.885) 47 *Restated for the changes in the purcha
Slide 27: Liquidity and Financial Position
Financial Results Liquidity and Financial Position 2,14 1,64 1,61 1,45 1,39 1,34 0,99 0,96 Current Assets /Short Term Liabilities Current Assets / Total Liabilities Total Liabilities / Equity Short Term Liabilities / Total Liabilities 2024 2025
Slide 28: Price Performance & Daily Trading Volume
Financial Results Price Performance & Daily Trading Volume Price Performance - ISMEN Daily Trading Volume (TL) - ISMEN Market Cap. (TL mn) Close Price (TL) 1.200.000.000 85.000,00 50,00 45,00 1.000.000.000 75.000,00 40,00 65.000,00 800.000.000 35,00 55.000,00 30,00 600.000.000 45.000,00 25,00 400.00
Slide 29: 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 30: 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 31: ISMEN Performance & Financial Results 2025
ISMEN Performance & Financial Results 2025 05.03.2026 İş Yatırım | Şirket İçi | Internal
İş Yatırım Menkul Değerler A.Ş. — FY2025 Earnings Presentation on 6ix