VAKBN: Q1 net income up 66% YoY; downside risk to NIM guidance amid rising funding costs

About this update from Turkiye Vakiflar Bankasi Turk Anonim Ortakligi

Q1 2026 net income rose 66% year-over-year to TRY 15 billion, with strong core banking revenue and prudent provisioning. Downside risk to full-year net interest margin guidance due to higher funding costs and inflation, but other guidance remains unchanged for now.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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