Turkiye Halk Bankasi Anonim Sirketi · BIST:HALKB

Turkiye Halk Bankasi Anonim Sirketi — Türkiye Halk Bankası A.Ş. — Q2 2025 Earnings Presentation

24 slides from Turkiye Halk Bankasi Anonim Sirketi's earnings presentation, 2025

  1. Slide 1: 2Q25 Earnings Presentation

    2Q25 EARNINGS PRESENTATION BRSA Bank Only

  2. Slide 2: Asset Growth

    2Q25 Earnings Presentation Total assets gained traction surging by 13.7% QoQ, driven by > FX LCR is at 212%, well above securities the regulatory limit of 80%. Asset Mix (%) Asset Growth Loans Securities Bank Placements CBRT Receivables Cash YoY 39.8% QoQ 13.7% Liq. Assets Other Assets Total Asset G

  3. Slide 3: CPI-Linkers remain a key profitability driver

    2Q25 Earnings Presentation CPI-Linkers remain a key profitability driver Total Securities Portfolio (TRY billion) Securities Classification (TRY billion) Total Securities / Total Assets (%) Fixed Rate (FX) Other Floating Rate CPI Linkers Fixed Rate (TRY) 25.2 25.6 26.0 27.5 27.3 622.2 700.4 783.1 881.

  4. Slide 4: FX loan growth continued to support total loan growth

    2Q25 Earnings Presentation FX loan growth continued to support total loan growth (TRY billion)(a) 20.3% Total Loans 8.0% HALKBANK B. Sector(b) YoY YoY 20.3% 41.2% 1,563.9 QoQ QoQ 8.0% 10.9% 1,448.7 1,373.4 Business Loans 1,363.5 1,299.9 YoY 25.0% TRY Loans 639.3 QoQ 11.2% HALKBANK B. Sector(b) 575.1

  5. Slide 5: FX loans maintain a 30% share amid sustained demand

    2Q25 Earnings Presentation FX loans maintain a 30% share amid sustained demand Loans by Currency (%)(a) Loans by Customer Segmentation (%)(a) Commercial 6% SME 9.2% Commercial 7.5% FX SME 47% 30.2% Corporate 34% Corporate 83.3% TRY 69.8% CGF 4% Retail 12% Cooperative 37%(b) Sectoral Breakdown of Loa

  6. Slide 6: Denominator effect led to decoupling in NPL ratio

    2Q25 Earnings Presentation Denominator effect led to decoupling in NPL ratio NPL Portfolio (TRY million) NPL Coverage (%) 46,669 74.6 37,170 62.4 60.6 30,398 55.1 52.8 28,547 20,902 Jun-24 Sep-24 2024 Mar-25 Jun-25 Jun-24 Sep-24 2024 Mar-25 Jun-25 Loans under Close Watch (TRY million) NPL/Total Loan

  7. Slide 7: NPL ratio by segments

    2Q25 Earnings Presentation NPL ratio by segments Halkbank NPL Sector NPL (*) Corporate - Commercial (%) Consumer Loans (%) 5.2 4.4 4.8 3.9 4.4 3.4 3.0 3.6 1.9 3.0 3.1 1.6 1.6 1.6 1.3 1.3 1.2 1.2 1.1 1.2 Jun-24 Sep-24 2024 Mar-25 Jun-25 Jun-24 Sep-24 2024 Mar-25 Jun-25 SME Loans (%) Credit Cards (%)

  8. Slide 8: Prudent risk management continues to define our strategy

    2Q25 Earnings Presentation Prudent risk management continues to define our strategy Provisions and Reversals (TRY million) Net Cost of Risk (bps) (Cumulative) Total Specific 92 Quarterly 80 (TRY million) Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 25 23 74 4 55 S1 Provisions -1,894 134 -52 1,081 1,188 S2 Provisions

  9. Slide 9: Increased appetite for wholesale funding balanced deposit base

    2Q25 Earnings Presentation Increased appetite for wholesale funding balanced deposit base Loan to Deposit (%) Composition of IBLs(a) Liabilities Mix (%) (b) Halkbank L/D Sector L/D 89.9% 90.0% 91.1% 92.1% 91.4% Deposits Marketable Funds Borrowed Securities Issued Interbank Money Market Shareholders’

  10. Slide 10: Strong TRY deposit franchise

    2Q25 Earnings Presentation Strong TRY deposit franchaise HALKBANK B. Sector(b) YoY 41.1% 40.6% HALKBANK B. Sector(b) HALKBANK B. Sector(b) QoQ 12.2% 9.5% YoY 39.2% 38.7% YoY 38.1% 37.5% in USD YoY 15.8% 15.4% QoQ 13.5% 9.2% QoQ 14.4% 8.9% terms QoQ 6.6% 4.1% Total Deposits TRY Deposits FX Deposits (

  11. Slide 11: Growth in demand deposits helped ease funding cost pressures

    2Q25 Earnings Presentation Growth in demand deposits helped ease funding cost pressures Demand Deposits (TRY billion)(a) Time Deposits (TRY billion)(a) Deposits by Currency (%)(b) Demand Deposits/Total Deposits (%) Time Deposits/Total Deposits (%) 22.6% 21.5% 22.7% 23.0% 78.7% 78.5% 21.3% 77.4% 77.3

  12. Slide 12: Temporary pause in recovery of TRY core spreads

    2Q25 Earnings Presentation Temporary pause in recovery of TRY core spreads Blended Cost - Yield - Spread (%) Spreads (%) Yield on Loans Cost of Deposits(*) Spread TRY Core FX Core Blended Core 8.3 6.7 7.0 7.2 7.0 32.8 34.0 35.0 33.7 33.0 6.9 7.1 6.6 6.3 6.9 8.3 7.0 4.4 6.3 6.9 7.2 3.2 2.0 1.1 (26.6)

  13. Slide 13: NII increases by a strong 40.3% QoQ

    2Q25 Earnings Presentation NII increases by a strong 40.3% QoQ Net Interest Income (TRY million) NIM (%) Interest Income Interest Expenses YtD Quarterly Swap adj. (QoQ) Swap adj. (YtD) 135% 40.3% 3.6 22,916 2.9 2.4 3.3 16,331 2.0 1.9 2.9 9,751 6,621 8,772 2.0 233,756 1.6 161,286 178,627 189,072 195,

  14. Slide 14: RoE held in mid-teens amid sharp rise in funding costs

    2Q25 Earnings Presentation RoE held in mid-teens amid sharp rise in funding costs Total Operating Revenues (TRY million)(a) Q2-25 Revenue Walk (TRY million) 154.4% 21.0% 5,389 14,066 30,896 37,385 (4,065) 22,916 23,458 21,843 14,693 (26,339) 4,981 (6,986) NII Net F&C Income Net Trading Income Total

  15. Slide 15: OPEX growth driven primarily by non-HR expenses

    2Q25 Earnings Presentation OPEX growth driven primarily by non-HR expenses Operating Expenses (TRY million) Operating Expenses / Average Assets (%) 89.7% 22.8% 2.80 2.81 26,339 2.48 2.28 2.29 21,450 16,208 13,884 13,688 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Cost/Income (%) Brea

  16. Slide 16: Solvency Ratios

    2Q25 Earnings Presentation Solvency Ratios CAR (%) Details on Capital Ratio Tier-I CAR Details on Capital Ratio Cons. Basel III Uncons. Basel III (TRY mn) Jun-25 Jun-25 14.8 13.4 14.8 13.1 13.5 Credit Risk Base Amount (CRBA) 1,660,091 1,564,791 Market Risk Base Amount (MRBA) 63,177 67,773 12.0 11.5

  17. Slide 17: Details of digital customer base

    2Q25 Earnings Presentation Details of digital customer base Active Digital Customers by Types (Million) # of Total Active Digital Customers(a) 4% 6.3 6.4 6.5 6.5 6.6 # of active digital banking customers increased 4% YoY and reached 6.6 million Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Digital Transactions

  18. Slide 18: Branch Network – Human Resources

    2Q25 Earnings Presentation Branch Network – Human Resources Loans and Deposits per Branch (TRY million) Breakdown of Banking Transactions (%) Loans/Branches Deposits/Branches Call Center 4% ATM 11% Automatic Payment 3% 2,721.9 Internet Banking 3% Branch 2% 2,413.1 2,147.4 2,197.2 1,988.6 Mobile 1,49

  19. Slide 19: Annex

    2Q25 Earnings Presentation Annex TRY Market Banking Halkbank Million Share (%) Sector Metrics(b) H124 H125 Total Assets 3,650,045 9.2 Loan Growth (YtD, %) 18.6 21.8 Loans (a) 1,563,947 8.0 Deposit Growth (YtD, %)(c) 11.5 21.3 TRY Loans 1,091,165 9.1 LDR (%) 81.6 83.6 FC Loans 472,783 6.2 NPL (%) 1.5

  20. Slide 20: Balance Sheet

    2Q25 Earnings Presentation Balance Sheet QoQ YtD YoY In TRY million H1-24 2024 Mar-25 H1-25 Change % Change % Change % Cash and Balances Held with the Central Bank(a) 484,573 623,117 622,282 781,970 25.7 25.5 61.4 Banks & Money Market(b) 23,683 26,984 24,478 28,044 14.6 3.9 18.4 Securities(b) 657,59

  21. Slide 21: Income Statement

    2Q25 Earnings Presentation Income Statement YoY QoQ YoY Change Change Change In TRY million H1-24 H1-25 % Q2-24 Q1-25 Q2-25 % % Interest Income 297,307 429,657 44.5 161,286 195,901 233,756 19.3 44.9 On Loans 196,687 246,840 25.5 106,722 119,608 127,231 6.4 19.2 On Securities 85,228 139,973 64.2 44,2

  22. Slide 22: Notes

    2Q25 Earnings Presentation Notes Investor Relations 21 www.halkbank.com.tr

  23. Slide 23: Notes

    2Q25 Earnings Presentation Notes Investor Relations 22 www.halkbank.com.tr

  24. Slide 24: For further information please contact

    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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