Turkiye Halk Bankasi Anonim Sirketi · BIST:HALKB

Turkiye Halk Bankasi Anonim Sirketi — Türkiye Halk Bankası A.Ş. — Q1 2026 Earnings Presentation

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

  1. Slide 1: 1Q26 Earnings Presentation

    1Q26 EARNINGS PRESENTATION BRSA Bank Only

  2. Slide 2: 1Q26 Earnings Presentation contents

    1Q26 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

    1Q26 Earnings Presentation Rebalancing narrative continues, operating environment to improve further Real GDP Growth (Annual, %) CPI vs. Policy Rate (%) Budget Balance as of GDP (%) CPI (YoY, %) CBRT Policy Rate (%) Budget Balance Primary Budget Balance 2002-2025 5.4 average 1.5 5.0 3.3 3.6 3.5 33.0

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

    1Q26 Earnings Presentation Lower country leverage means more room for the banks to grow 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 5 Year CDS (bps) Non-Financial Corp

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

    1Q26 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: 8.9% Mkt Share: 8.0% Mkt Share: 11.4% Mkt Share: 15.9% TRY 4.4 Tn TRY 2.1 Tn (Inc. accruals) TRY 3

  6. Slide 6: Asset Growth

    1Q26 Earnings Presentation Strong loan growth led the asset growth in the first quarter > FX LCR is at 219%, well above the regulatory limit of 80%. Asset Mix (%) Asset Growth Loans Securities Bank Placements CBRT Receivables Cash YoY 38.1% QoQ 3.3% Liq. Assets Other Assets Total Asset Growth (TRY bi

  7. Slide 7: Hefty CPI linkers' share will hedge our balance sheet against recent inflationary pressure

    1Q26 Earnings Presentation Hefty CPI linkers’ share will hedge our balance sheet against recent inflationary pressure 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

  8. Slide 8: Total loans exceeded 2 Trillion TL threshold during the first quarter

    1Q26 Earnings Presentation Total loans exceeded 2 Trillion TL threshold during the first quarter (TRY billion)(a) 38.2% Total Loans 8.6% HALKBANK B. Sector(b) YoY YoY 38.2% 41.3% 1,842.1 2,001.4 QoQ QoQ 1,667.7 8.6% 7.7% 1,563.9 787.5 Business Loans 1,448.7 TRY Loans 668.9 738.1 YoY 36.9% QoQ 6.7% HA

  9. Slide 9: High single digit TL loan growth

    1Q26 Earnings Presentation High single digit TL loan growth HALKBANK B. Sector(b) YoY 45.0% 34.5% HALKBANK B. Sector(b) QoQ 6.2% 5.8% YoY 35.4% 45.5% in USD YoY 23.3% 14.3% QoQ 9.8% 8.8% terms QoQ 2.5% 2.1% TRY Loans (TRY billion)(a) FX Loans (TRY billion)(a) Retail Loans SME Loans Commercial Loans

  10. Slide 10: Well-positioned loan portfolio

    1Q26 Earnings Presentation Well-positioned loan portfolio Loans by Currency (%)(a) Loans by Customer Segmentation (%)(a) Commercial 7% SME 12.0% Commercial 9.1% FX SME 48% 30.3% Corporate 33% Corporate 78.9% TRY 69.7% CGF 5% Retail 12% Cooperative 31%(b) Sectoral Breakdown of Loans (%) Retail Loans

  11. Slide 11: Incremental increase seen in the NPL ratio in tandem with sector average

    1Q26 Earnings Presentation Incremental increase seen in the NPL ratio in tandem with sector average NPL Portfolio (TRY million)(a) NPL Coverage (%)(a) 72,424 62,505 62.0 63.4 62.9 57.3 54.4 55,967 45,298 35,786 Mar-25 Jun-25 Sep-25 2025 Mar-26 Mar-25 Jun-25 Sep-25 2025 Mar-26 Loans under Close Watch

  12. Slide 12: Restructuring facility by the regulators repaired the retail loans

    1Q26 Earnings Presentation Restructuring facility by the regulators repaired the retail loans Halkbank NPL Sector NPL (*) Corporate - Commercial (%) Consumer Loans (%) 5.9 5.7 5.6 5.2 4.4 5.2 4.8 4.9 5.0 4.4 1.6 1.6 1.6 1.5 1.5 1.2 1.2 1.3 1.3 1.1 Mar-25 Jun-25 Sep-25 2025 Mar-26 Mar-25 Jun-25 Sep-2

  13. Slide 13: Prudent approach remains, albeit some reversals

    1Q26 Earnings Presentation Prudent approach remains, albeit some reversals Provisions and Reversals (TRY million) Net Cost of Risk (bps) (Cumulative) Total Specific Quarterly 141 139 (TRY million) Q1-25 Q2-25 Q3-25 Q4-25 Q1-26 92 118 80 128 S1 Provisions 1,081 1,188 1,489 2,824 955 116 74 79 S2 Provi

  14. Slide 14: Wholesale funding substituted deposits to manage well unexpected market conditions

    1Q26 Earnings Presentation Wholesale funding substituted deposits to manage well unexpected market conditions Loan to Deposit (%) Composition of IBLs(a) Liabilities Mix (%) (b) Halkbank L/D Sector L/D 92.1% 91.4% 90.9% 91.0% 90.9% Deposits Marketable Funds Borrowed Securities Issued Interbank Money

  15. Slide 15: Mild contraction in deposit funding

    1Q26 Earnings Presentation Mild contraction in deposit funding HALKBANK B. Sector(b) YoY 30.1% 43.3% HALKBANK B. Sector(b) HALKBANK B. Sector(b) QoQ 0.1% 7.8% YoY 29.5% 33.4% YoY 29.2% 27.2% in USD YoY 10.6% 21.9% QoQ -3.3% 3.2% QoQ -5.3% 0.3% terms QoQ -3.4% 4.0% Total Deposits TRY Deposits FX Depo

  16. Slide 16: Sustained growth in demand deposit

    1Q26 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% 77.3% 77.0% 75.9% 74.5% FX 22.7% 23.0% 72.9% 38% 55.7% 22.9%

  17. Slide 17: TRY core spreads inched up QoQ

    1Q26 Earnings Presentation TRY core spreads inched up QoQ Blended Cost - Yield - Spread (%) Spreads (%) Yield on Loans Cost of Deposits(*) Spread TRY Core FX Core Blended Core 12.1 10.8 10.9 33.7 33.0 35.5 32.7 31.8 8.3 9.0 7.0 10.4 8.5 8.3 7.0 12.1 10.8 10.9 7.1 7.1 6.6 6.5 6.8 (23.4) (21.9) (20.9)

  18. Slide 18: NII grew by 22.6% in the QoQ terms

    1Q26 Earnings Presentation NII grew by 22.6% in the QoQ terms Net Interest Income (TRY million) NIM (%) Interest Income Interest Expenses YtD Quarterly Swap adj. (QoQ) Swap adj. (YtD) 113.4% 22.6% 4.3 3.7 22,916 22,104 28,421 34,848 3.6 4.3 16,331 3.2 2.9 3.3 3.4 3.1 195,901 233,756 232,437 239,861

  19. Slide 19: Sustainable growth in total operating revenues

    1Q26 Earnings Presentation Sustainable growth in total operating revenues Total Operating Revenues (TRY million)(a) Q1-26 Revenue Walk (TRY million) 69.0% 8.5% 7,369 17,056 52,222 (7,209) 48,144 34,848 42,260 37,385 30,896 9,506 (32,818) (9,741) NII Net F&C Income Net Trading Income Total Provisions

  20. Slide 20: Disciplined cost management mirrored in cost-to-income ratio

    1Q26 Earnings Presentation Disciplined cost management mirrored in cost-to-income ratio Operating Expenses (TRY million) Operating Expenses / Average Assets (%) 53.0% 5.1% 3.05 31,215 32,818 2.89 2.87 26,339 25,645 2.80 2.79 21,450 Q1-25 Q2-25 Q3-25 Q4-25 Q1-26 Q1-25 Q2-25 Q3-25 Q4-25 Q1-26 Cost/Inc

  21. Slide 21: Solvency ratios

    1Q26 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) Mar-26 Mar-26 13.4 14.8 13.4 Credit Risk Base Amount (CRBA) 2,384,390 2,333,274 Market Risk Base Amount (MRBA) 61,353 61,817 11.9 12.7

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

    1Q26 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 12% 15% Internet Banking 7% ATM 24% 7.2 7.5 6.5 6.6 6.8 Automatic Payment 6% Branch 4% Mob

  23. Slide 23: Sustainable banking approach

    1Q26 Earnings Presentation Sustainable banking approach ./0/1 234/5 G-=91Q72EP.3< V1R3W3< FP1=.9\0=3R72?^< O-DB\-1B7J-<7R3I3DP43R7C-.-X7?Pa-D&7 H0.B3Yb<7X9.<=7E-.\P1T130=.-D7E.3R9=7E-.R" EZEA 2-[,-L<5),M0 W"+)5,-)L956+',-L<5), XTY $* =P1< CQ045;77;C.70S4.4E-64T06>ECMS>CM60 >G6("+),>?"*J),-L<5), 6>40

  24. Slide 24: Sustainability journey

    1Q26 Earnings Presentation Sustainability journey A%)? [_F+%'2+A%)? _%$^8^. 1%E/+%=1&/E/2+=-.;)&%'=/+ 0&$1+B!F+GHIIG+%'2+B!F+ LIIIG+#$%'2%82#3 T/%8U$/8.+$%87/$#+ R))+-;/8%$&-'%)+2-./#$&=+ 8/;-8$/2+$- 9&8#$+!"#$%&'%(&)&$*+ #"(#&2&%8&/#+1%E/+(//'+ A%)?(%'?+0%#+ !><&+0/8/+%;;8-E/23 :/;-8$+0%# =-.;)&%'$

  25. Slide 25: Annex

    1Q26 Earnings Presentation Annex TRY Market Banking Halkbank Million Share (%) Sector Metrics(b) 1Q25 1Q26 Total Assets 4,432,822 8.9 Loan Growth (YtD, %) 9.9 7.7 Loans (a) 2,001,408 8.0 Deposit Growth (YtD, %)(c) 11.1 3.2 TRY Loans 1,394,923 8.8 LDR (%) 82.1 87.6 FC Loans 606,485 6.7 NPL (%) 2.0 2.

  26. Slide 26: Balance Sheet

    1Q26 Earnings Presentation Balance Sheet QoQ YoY In TRY million Mar-25 2025 Mar-26 Change % Change % Cash and Balances Held with the Central Bank(a) 622,282 847,599 765,491 (9.7) 23.0 Banks & Money Market(b) 24,478 44,257 54,422 23.0 122.3 Securities(b) 881,871 1,186,846 1,183,642 (0.3) 34.2 Net Loa

  27. Slide 27: Income Statement

    1Q26 Earnings Presentation Income Statement QoQ YoY Change Change In TRY million Q1-25 Q4-25 Q1-26 % % Interest Income 195,901 239,861 242,485 1.1 23.8 On Loans 119,608 149,184 155,760 4.4 30.2 On Securities 56,486 66,124 62,079 (6.1) 9.9 Interest Expense 179,570 211,440 207,637 (1.8) 15.6 On Deposi

  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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