On July 31, 2026, Yapı Kredi announced its consolidated results for the six months of 2026, based on Banking Regulation and Supervision Agency (BRSA) Accounting and Reporting Legislation. The Bank’s cash and non-cash loans reached to TL 2.988 trillion while total deposits reached to TL 2.185 trillion. The Bank’s net income stood at TL 31,012 million, indicating a return on average tangible equity of 23.4%.
Maintaining solid financial fundamentals and controlled growth
In the first six months of 2026, the Bank increased its Turkish Lira cash loans by 15% and foreign currency loans by 4%, in US dollar terms, compared to the end of 2025. As a result, total performing loans reached to TL 2.092 trillion. During the same period, the Bank’s Turkish Lira customer deposits increased by 10% when foreign currency customer deposits came down a limited 2% in US dollar terms. All incorporated, total customer deposits reached TL 2.106 trillion, as of the first six months of 2026. Equally important, TL customer demand deposits in total TL deposits rose by 14%, reaching to 29% share in total TL deposits. On liquidity front, the Bank’s total and foreign currency liquidity coverage ratios realized at 121% and 287%, respectively.
Prudent and conservative asset quality approach
As of the first six months of 2026, Yapı Kredi’s non-performing loan ratio realized as 4.0%. In the first half of 2026, Yapı Kredi maintained its prudency in provisioning. Accordingly, provisions to gross loans ratio realized at 3.7% when net cost of risk (adjusted for hedged foreign currency impact) materialized at 201 basis points in the first six months of 2026.
Capital Ratios
In the first six months of 2026, the capital ratios continued to remain above regulatory levels and consolidated Capital Adequacy Ratio and Tier-1 ratio realized at 14.4% and 12.1%, respectively.
Solid revenue performance supporting the bottom-line
In the first six months of the year, Yapı Kredi recorded TL 120,452 million of core banking revenues. Unconsolidated swap-adjusted NIM widened by 68 basis points over 2025-end to 2.92% supported by the agile asset-liability management as well as the improvement in deposit costs. Net fees and commissions income, on the other hand, increased by 26% year-over-year in the first six months of 2026 reaching to TL 65,755 million. Operating costs increased by 34% during the same periods, respectively, and stood at TL 73,266 million in the first six months of the year. As a result, fee coverage of operating costs ratio realized at 90%. All in all, the Bank achieved a net income of TL 31,012 million and increased its return on average tangible equity to 23.4% in the first six months of the year.