{"id":45204,"date":"2025-06-25T13:13:03","date_gmt":"2025-06-25T13:13:03","guid":{"rendered":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2025\/06\/25\/turkiye-is-bankasi-isctr-2025-1-ceyrek-bilanco-yorumu\/"},"modified":"2025-06-25T13:13:03","modified_gmt":"2025-06-25T13:13:03","slug":"turkiye-is-bankasi-isctr-2025-1-ceyrek-bilanco-yorumu","status":"publish","type":"post","link":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2025\/06\/25\/turkiye-is-bankasi-isctr-2025-1-ceyrek-bilanco-yorumu\/","title":{"rendered":"T\u00fcrkiye \u0130\u015f Bankas\u0131 (ISCTR) 2025 1. \u00e7eyrek bilan\u00e7o yorumu"},"content":{"rendered":"

T\u00fcrkiye \u0130\u015f Bankas\u0131 A.\u015e.\u00a0(ISCTR) 2025 y\u0131l\u0131 1. \u00e7eyrek finansal sonu\u00e7lar\u0131 kamuya a\u00e7\u0131kland\u0131. Bilan\u00e7o sonras\u0131 \u015eirketin finansal tablolar\u0131 i\u00e7in de\u011ferlendirme, Deniz Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e.\u2019den geldi. Kurum de\u011ferlendirmesinde \u015fu ifadeleri kulland\u0131;<\/p>\n

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T\u00fcrkiye \u0130\u015f Bankas\u0131 A.\u015e.\u00a0hisse haberleri<\/h2>\n

Buna g\u00f6re Deniz Yat\u0131r\u0131m de\u011ferlendirmesi \u015fu \u015fekilde; \u201c\u0130\u015f Bankas\u0131, 1\u00c725 konsolide olmayan finansallar\u0131nda 11.6 milyar TL civar\u0131ndaki piyasa beklentisinin hafif \u00fczerinde 12.4 milyar TL net kar a\u00e7\u0131klad\u0131. Net kar rakam\u0131 \u00f6nceki d\u00f6neme g\u00f6re .6 artarken, ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re ise .6 daralm\u0131\u015f bu d\u00f6nemde \u00f6zsermaye karl\u0131l\u0131\u011f\u0131 .4 olarak ger\u00e7ekle\u015fmi\u015ftir. A\u00e7\u0131klanan sonu\u00e7lar\u0131 hisse fiyat\u0131 a\u00e7\u0131s\u0131ndan n\u00f6tr olarak de\u011ferlendirmekle birlikte, marj \u00fczerindeki sene ba\u015f\u0131ndaki beklentilere k\u0131yasla s\u0131k\u0131la\u015fma s\u00fcrecinden dolay\u0131 ya\u015fanabilecek bask\u0131n\u0131n de\u011ferlemenin i\u00e7erisine girdi\u011fini d\u00fc\u015f\u00fcn\u00fcyoruz.
\u25a0 Bu d\u00f6nemin \u00f6ne \u00e7\u0131kan hususlar\u0131: i) %7.5 \u00e7\/\u00e7 TL kredi b\u00fcy\u00fcmesi (konut: %7.8, ta\u015f\u0131t: -.2, genel ama\u00e7l\u0131 t\u00fcketici kredisi: .3 ve kredi kart\u0131: .9 b\u00fcy\u00fcme ile bireysel segment, %5.1 \u00e7\/\u00e7 artan TL ticari kredilere g\u00f6re daha h\u0131zl\u0131 bir b\u00fcy\u00fcme sergilemi\u015ftir, ii) YP krediler USD baz\u0131nda %8.7 \u00e7\/\u00e7 artm\u0131\u015f, iii) net faiz marj\u0131 bir \u00f6nceki d\u00f6neme g\u00f6re 134 bps artarken, TL kredi\/mevduat faiz makas\u0131 43 bps ve net interbank plasmanlar\u0131 124 bps ile marj art\u0131\u015f\u0131na en \u00f6nemli katk\u0131y\u0131 sa\u011flam\u0131\u015ft\u0131r, iv) vadesiz mevduat\u0131n toplam i\u00e7erisindeki pay\u0131 1.1 puan art\u0131\u015fla @.5 olarak ger\u00e7ekle\u015fmi\u015ftir, v) net takibe intikal ~10.6 milyar TL olarak ger\u00e7ekle\u015fmi\u015f, bankan\u0131n takipteki kredileri i\u00e7in ay\u0131rd\u0131\u011f\u0131 toplam kar\u015f\u0131l\u0131k oran\u0131 ~11 puan \u00e7\/\u00e7 gerileme ile 7.5 olurken, net kredi riski ise kur etkisi dahil 80 bps \u00e7\/\u00e7 art\u0131\u015f ile %2.1 olarak ger\u00e7ekle\u015fmi\u015ftir, vi) Grup 2 kredilerin toplam krediler i\u00e7erisindeki pay\u0131 %9.1, 1\u00c725\u2019te yakla\u015f\u0131k 1.74 milyar TL takipteki kredi sat\u0131\u015f\u0131\/silinmesi sonras\u0131nda ise takipteki kredi oran\u0131 %2.4 olmu\u015f, vii) faaliyet giderleri ve bankac\u0131l\u0131k hizmet gelirleri 1\u00c725\u2019te s\u0131ras\u0131 ile y\u0131ll\u0131k #.6 ve 9.2 artm\u0131\u015ft\u0131r. \u0130\u015f Bankas\u0131 1 y\u0131l ileriye d\u00f6n\u00fck tahminlerimize g\u00f6re .3 \u00f6zsermaye karl\u0131l\u0131\u011f\u0131, 0.62x F\/DD ve 3.33x F\/K \u00e7arpanlar\u0131 ile i\u015flem g\u00f6rmektedir. Y\u00fcksek kar\u015f\u0131l\u0131k oranlar\u0131 (Grup 2 ve 3 krediler i\u00e7in .5 ve p.6), ve .0 SYR (\u00c7ekirdek SYR: .8) ile olas\u0131 risklere kar\u015f\u0131 olduk\u00e7a korunakl\u0131 oldu\u011funu d\u00fc\u015f\u00fcn\u00fcyoruz. 3 ay i\u00e7erisinde yeniden fiyatlanacak varl\u0131k ve fonlama fark\u0131n\u0131n yakla\u015f\u0131k 600 milyar TL oldu\u011fu bankada, son d\u00f6nemdeki faiz y\u00fckseli\u015fi etkisinin daha s\u0131n\u0131rl\u0131 olmas\u0131 beklenebilir.
\u25a0 2025 y\u0131l\u0131 beklentileri: <\/strong>\u0130\u015f Bankas\u0131; i) ~5 TL kredi b\u00fcy\u00fcmesi, ii) 450 bps \u00fczerinde net faiz marj\u0131 geni\u015flemesi (son d\u00f6nemdeki s\u0131k\u0131la\u015fma s\u00fcrecinin daha uzun s\u00fcrmesi bask\u0131layabilir), iii) ~%2.0 net kredi riski (y\u0131ll\u0131k ~90 bps art\u0131\u015f), iv) ~%3 takipteki kredi oran\u0131 (~90 bps art\u0131\u015f), v) ~P net \u00fccret ve komisyon geliri art\u0131\u015f\u0131 ve, vi) ortalama y\u0131ll\u0131k enflasyon kadar faaliyet gideri art\u0131\u015f\u0131 beklemektedir. Bu tahmin seti sonucunda \u00f6zsermaye karl\u0131l\u0131\u011f\u0131 ise ~0 olarak \u00f6ng\u00f6r\u00fclmektedir. Biz de 2025 y\u0131l\u0131na dair beklentimizi hafif yava\u015flayan bir ekonomik b\u00fcy\u00fcme ve faiz indirimlerinin \u00f6n planda olaca\u011f\u0131 bir senaryo \u00fczerine kurgulad\u0131k. Bu d\u00f6nemde mevduatlar\u0131n\u0131 daha h\u0131zl\u0131 bir \u015fekilde a\u015fa\u011f\u0131 y\u00f6nl\u00fc fiyatlayabilece\u011fi i\u00e7in 390 bps marj art\u0131\u015f\u0131, TL kredilerde y\u0131ll\u0131k ~0 b\u00fcy\u00fcme, net kredi riskinde kur etkisi dahil 80 bps art\u0131\u015f, 8.4 net \u00fccret ve komisyon geliri art\u0131\u015f\u0131 ve 2.5 faaliyet gideri art\u0131\u015f\u0131 modelliyoruz. Bu beklentiler do\u011frultusunda 2025 y\u0131l\u0131nda .0 \u00f6zkaynak karl\u0131l\u0131\u011f\u0131 \u00f6ng\u00f6r\u00fcrken, net kar rakam\u0131n\u0131n 2024 y\u0131l\u0131na k\u0131yasla I kadar art\u0131\u015f kaydetmesini bekliyoruz.\u201d<\/p>\n

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Bizi WhatsApp Kanal\u0131m\u0131z \u00fczerinden de takip edebilirsiniz. WhatsApp kanal\u0131 linki:\u00a0https:\/\/whatsapp.com\/channel\/0029Vb6J7JQ6GcG8uLrIR81x<\/mark><\/mark><\/a><\/p>\n

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Bizi Telegram \u00dczerinden de takip edebilirsiniz. Telegram kanal\u0131 linki:\u00a0https:\/\/t.me\/rotaborsa_halkaarz<\/mark><\/mark><\/a><\/p>\n

Deniz Yat\u0131r\u0131m yasal uyar\u0131s\u0131:<\/strong><\/em> Bu rapor\/e-posta i\u00e7erisinde yer alan de\u011ferlendirmeler Deniz Yat\u0131r\u0131m Menkul K\u0131ymetler A.\u015e. taraf\u0131ndan, g\u00fcvenilir oldu\u011funa inan\u0131lan kaynaklardan elde edilen bilgi ve veriler kullan\u0131larak genel nitelikte haz\u0131rlanm\u0131\u015ft\u0131r. Raporda yer alan ifadeler, mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir ve hi\u00e7bir \u015fekilde al\u0131\u015f veya sat\u0131\u015f yap\u0131lmas\u0131 y\u00f6n\u00fcnde y\u00f6nlendirme olarak de\u011ferlendirilmemelidir. Deniz Yat\u0131r\u0131m, bu bilgilerin do\u011fru, eksiksiz ve de\u011fi\u015fmez oldu\u011funu garanti etmemektedir. Bu sebeple, okuyucular\u0131n, bu raporlardan elde edilen bilgilere dayanarak hareket etmeden \u00f6nce, bilgilerin do\u011frulu\u011funu teyit etmeleri \u00f6nerilir ve bu bilgilere dayan\u0131larak ald\u0131klar\u0131 kararlarda sorumluluk okuyucular\u0131n kendilerine aittir. Bilgilerin eksikli\u011fi ve yanl\u0131\u015fl\u0131\u011f\u0131ndan Deniz Yat\u0131r\u0131m hi\u00e7bir \u015fekilde sorumlu tutulamaz. Ayr\u0131ca, Deniz Yat\u0131r\u0131m ve DenizBank Finansal Hizmetler Grubu \u00e7al\u0131\u015fanlar\u0131 ve dan\u0131\u015fmanlar\u0131n\u0131n, herhangi bir \u015fekilde bu rapor\/e-posta i\u00e7erisinde yer alan bilgiler dolay\u0131s\u0131yla ortaya \u00e7\u0131kabilecek, do\u011frudan veya dolayl\u0131 zararlarla ilgili herhangi bir sorumlulu\u011fu yoktur. Burada yer alan bilgiler sermaye piyasas\u0131 arac\u0131na y\u00f6nelik bir yat\u0131r\u0131m tavsiyesi, al\u0131m-sat\u0131m \u00f6nerisi ya da getiri vaadi de\u011fildir ve yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 kapsam\u0131nda yer almamaktad\u0131r. Yat\u0131r\u0131m Dan\u0131\u015fmanl\u0131\u011f\u0131 hizmeti; yetkili kurulu\u015flar taraf\u0131ndan imzalanacak yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 s\u00f6zle\u015fmesi \u00e7er\u00e7evesinde ki\u015filerin risk ve getiri tercihleri dikkate al\u0131narak ki\u015fiye \u00f6zel sunulmaktad\u0131r. Buradaki i\u00e7eri\u011fin hi\u00e7bir b\u00f6l\u00fcm\u00fc Deniz Yat\u0131r\u0131m Menkul K\u0131ymetler A.\u015e.\u2019nin yaz\u0131l\u0131 izni olmadan \u00e7o\u011falt\u0131lamaz, hi\u00e7bir \u015fekil ve ortamda yay\u0131nlanamaz, al\u0131nt\u0131 yap\u0131lamaz ve kullan\u0131lamaz. Sadece burada yer alan bilgilere dayan\u0131larak yat\u0131r\u0131m karar\u0131 verilmesi beklentilerinize uygun sonu\u00e7lar do\u011furmayabilir.<\/em><\/em><\/p>\n

Rota Borsa yasal uyar\u0131s\u0131:<\/strong> Burada yer alan yat\u0131r\u0131m bilgi, yorum ve tavsiyeleri yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 kapsam\u0131nda de\u011fildir. Yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 hizmeti, arac\u0131 kurumlar, portf\u00f6y y\u00f6netim \u015firketleri, mevduat kabul etmeyen bankalar ile m\u00fc\u015fteri aras\u0131nda imzalanacak yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 s\u00f6zle\u015fmesi \u00e7er\u00e7evesinde sunulmaktad\u0131r. Burada yer alan yorum ve tavsiyeler, yorum ve tavsiyede bulunanlar\u0131n ki\u015fisel g\u00f6r\u00fc\u015flerine dayanmaktad\u0131r. Bu g\u00f6r\u00fc\u015fler, mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle sadece burada yer alan bilgilere dayan\u0131larak yat\u0131r\u0131m karar\u0131 verilmesi beklentilerinize uygun sonu\u00e7lar do\u011furmayabilir.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

T\u00fcrkiye \u0130\u015f Bankas\u0131 A.\u015e.\u00a0(ISCTR) 2025 y\u0131l\u0131 1. \u00e7eyrek finansal sonu\u00e7lar\u0131 kamuya a\u00e7\u0131kland\u0131. Bilan\u00e7o sonras\u0131 \u015eirketin finansal tablolar\u0131 i\u00e7in de\u011ferlendirme, Deniz Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e.\u2019den geldi. Kurum de\u011ferlendirmesinde \u015fu ifadeleri kulland\u0131; T\u00fcrkiye \u0130\u015f Bankas\u0131 A.\u015e.\u00a0hisse haberleri Buna g\u00f6re Deniz Yat\u0131r\u0131m de\u011ferlendirmesi \u015fu \u015fekilde; \u201c\u0130\u015f Bankas\u0131, 1\u00c725 konsolide olmayan finansallar\u0131nda 11.6 milyar TL civar\u0131ndaki piyasa beklentisinin hafif […]<\/p>\n","protected":false},"author":1,"featured_media":45205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-45204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-borsa-haberleri"],"_links":{"self":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/45204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/comments?post=45204"}],"version-history":[{"count":0,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/45204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media\/45205"}],"wp:attachment":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media?parent=45204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/categories?post=45204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/tags?post=45204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}