{"id":48620,"date":"2025-08-04T11:16:28","date_gmt":"2025-08-04T11:16:28","guid":{"rendered":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2025\/08\/04\/garanti-bankasi-garan-2025-2-ceyrek-bilanco-yorumu\/"},"modified":"2025-08-04T11:16:28","modified_gmt":"2025-08-04T11:16:28","slug":"garanti-bankasi-garan-2025-2-ceyrek-bilanco-yorumu","status":"publish","type":"post","link":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2025\/08\/04\/garanti-bankasi-garan-2025-2-ceyrek-bilanco-yorumu\/","title":{"rendered":"Garanti Bankas\u0131 (GARAN) 2025 2. \u00e7eyrek bilan\u00e7o yorumu"},"content":{"rendered":"<p>T\u00fcrkiye Garanti Bankas\u0131 A.\u015e.\u00a0(GARAN) 2025 y\u0131l\u0131 2. \u00e7eyrek finansal sonu\u00e7lar\u0131 kamuya a\u00e7\u0131kland\u0131. Bilan\u00e7o sonras\u0131 \u015eirketin finansal tablolar\u0131 i\u00e7in de\u011ferlendirme, \u0130\u015f Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e.\u2019den geldi. Kurum de\u011ferlendirmesinde \u015fu ifadeleri kulland\u0131;<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1280\" height=\"720\" src=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2025\/07\/garan-bbva.jpg\" alt=\"| Rota Borsa\" class=\"wp-image-341982\" title=\"T\u00fcpra\u015f (TUPRS) 2023 2. \u00e7eyrek bilan\u00e7o beklentisi 10 HABERLER, G\u00fcndemdekiler, H\u0130SSE HEDEF F\u0130YAT, \u015eirket Haberleri Rota Borsa\" \/><\/figure>\n<h2 class=\"wp-block-heading\">T\u00fcrkiye Garanti Bankas\u0131 A.\u015e.\u00a0hisse haberleri<\/h2>\n<p>\u0130\u015f Yat\u0131r\u0131m de\u011ferlendirmesi \u015fu \u015fekilde; \u201c<strong>Garanti 2\u00c725 Sonu\u00e7lar\u0131:<\/strong> <em>Garanti bir kez daha beklentilerin \u00fczerinde bir karl\u0131l\u0131\u011fa ula\u015ft\u0131.<\/em><br \/><strong>Ger\u00e7ekle\u015fen ve Tahminler: <\/strong>Garanti Bankas\u0131 y\u0131l\u0131n ikinci \u00e7eyre\u011finde beklentilerin \u00fczerinde TL28.3 milyar solo net kar a\u00e7\u0131klad\u0131. Bizim beklentimiz olan TL 23 milyar\u0131n yakla\u015f\u0131k # \u00fczerinde, Garanti 2025\u2019in ikinci \u00e7eyre\u011finde TL 28,3 milyar solo net kar a\u00e7\u0131klad\u0131. A\u00e7\u0131klanan kar rakam\u0131 \u00e7eyrek baz\u0131nda  artarken y\u0131ll\u0131k olarak ise ise &amp; art\u0131\u015f g\u00f6sterdi. Banka bu sonu\u00e7larla ikinci \u00e7eyrekte y\u0131ll\u0131kland\u0131r\u0131lm\u0131\u015f olarak 1,6 \u00f6zkaynak karl\u0131l\u0131\u011f\u0131n\u0131 korumay\u0131 ba\u015fard\u0131. Swaplara g\u00f6re d\u00fczeltilmi\u015f marj, artan fonlama ve swap maliyetleri ile yakla\u015f\u0131k 50 baz puan gerilerken, marjlar\u0131n yine de benzer bankalara g\u00f6re \u00e7ok daha y\u00fcksek bir seviyede olmas\u0131 bankan\u0131n karl\u0131l\u0131\u011f\u0131n\u0131 ortaya koyuyor. Tahminlerimize g\u00f6re ana sapma net faiz geliri ve risk maliyeti kaynakl\u0131. \u00c7ekirdek faaliyet gelirleri beklentilerimizin \u00fczerinde ger\u00e7ekle\u015firken, g\u00fc\u00e7l\u00fc tahsilata dayal\u0131 aktif kalitenin de beklentilerin \u00fczerindeki performans\u0131 Garanti\u2019nin ilk yar\u0131daki ayr\u0131\u015fan karl\u0131l\u0131\u011f\u0131n\u0131 a\u00e7\u0131kl\u0131yor. Banka y\u00f6netimi net faiz marj\u0131nda sene ba\u015f\u0131nda a\u00e7\u0131klad\u0131\u011f\u0131 300 baz puan art\u0131\u015f i\u00e7in a\u015fa\u011f\u0131 y\u00f6nl\u00fc risklerin alt\u0131n\u0131 \u00e7izerken beklentilerin \u00fczerinde iyi giden komisyon gelirleri ve kuvvetli aktif kalitesi sene ba\u015f\u0131nda verilen d\u00fc\u015f\u00fck 0\u2019lu \u00f6zkaynak karl\u0131l\u0131\u011f\u0131n\u0131n yine de yakalanaca\u011f\u0131n\u0131 g\u00f6steriyor. Banka i\u00e7in 2025 y\u0131l\u0131nda 2\u2019lik bir \u00f6zkaynak karl\u0131l\u0131\u011f\u0131 \u00f6ng\u00f6r\u00fcyoruz.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"800\" height=\"955\" src=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2025\/07\/87B05F0B-1DDC-414C-B91B-DCF9A4456DB7.png\" alt=\"| Rota Borsa\" class=\"wp-image-342853\" title=\"| Rota Borsa\" \/><\/figure>\n<p><strong>Son \u00c7eyrekte \u00d6ne \u00c7\u0131kanlar:<\/strong> Marj, ikinci \u00e7eyrekte fonlama maliyetlerinin art\u0131\u015f\u0131yla 50 baz puan geriledi. TL kredileri \u00e7eyrekte  oran\u0131nda artarken, d\u00f6viz kredileri ise dolar baz\u0131nda yine \u00e7eyreklik olarak %6 art\u0131\u015f kaydetti. Swaplara g\u00f6re d\u00fczeltilmi\u015f net faiz marj\u0131 swap fonlama maliyetlerindeki art\u0131\u015f\u0131n de etkisiyle 46 baz puan d\u00fc\u015ferek %4.2 seviyesine gerilerken, burada \u00e7eyreklik olarak d\u00f6rt kat\u0131na y\u00fckselen swap maliyetleri ve hafif d\u00fc\u015fen YP kredi spredlerinin etkisi bulunuyor. Zorlu faaliyet ortam\u0131na ra\u011fmen TL kredi spredlerinde \u00e7ok hafif bir gerileme var. Banka y\u00f6netimi 300 baz puanl\u0131k marj hedefinde a\u015fa\u011f\u0131 y\u00f6nl\u00fc riskler g\u00f6r\u00fcyor. Ancak ilk yar\u0131daki performans bize bankan\u0131n marj yap\u0131s\u0131n\u0131n olduk\u00e7a kuvvetli oldu\u011funu g\u00f6sterdi.<\/p>\n<div class=\"kanews-banner kanews-banner-single\">\n<div style=\"min-height:280px\" data-empower-zone=\"159899\" class=\"empower-ad\"><\/div>\n<\/div>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"408\" src=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2025\/07\/B01667E1-3BBE-4365-A0CA-256BEF88BEF9-1024x408.png\" alt=\"| Rota Borsa\" class=\"wp-image-342854\" title=\"| Rota Borsa\" \/><\/figure>\n<p><em>G\u00fc\u00e7l\u00fc tahsilat risk maliyetini d\u00fc\u015f\u00fcr\u00fcc\u00fc etki yapt\u0131.<\/em> Tahsilat sonras\u0131 takibe at\u0131lan krediler TL 13 milyar seviyesinde ger\u00e7ekle\u015ferek bir \u00f6nceki \u00e7eyre\u011fe g\u00f6re yatay kald\u0131. Ancak g\u00fc\u00e7l\u00fc tahsilat ve kar\u015f\u0131l\u0131k iptalleriyle bu rakam\u0131n etkisinin hafifledi\u011fini ve risk maliyetinin kur etkisi hari\u00e7 2025 y\u0131l\u0131n\u0131n ikinci \u00e7eyre\u011finde 33 baz puan olarak t\u00fcm y\u0131l hedefi olan 200-250 baz puan\u0131n olduk\u00e7a alt\u0131nda kald\u0131\u011f\u0131n\u0131 g\u00f6r\u00fcyoruz. Bankan\u0131n, \u00f6zellikle son y\u0131llarda aktif kalitesi konusunda \u00e7ok muhafazak\u00e2r yakla\u015f\u0131m\u0131 bu d\u00f6nemde elini olduk\u00e7a rahatlat\u0131yor.<br \/><em>Komisyon gelirlerinde \u00e7eyreklik  art\u0131\u015f var.<\/em> \u00c7eyreklik bazda , y\u0131ll\u0131k bazda ise ` artan \u00fccret ve komisyon karl\u0131l\u0131\u011f\u0131 desteklemeye devam ediyor. \u00c7eyrek i\u00e7inde ya\u015fanan \u00f6zellikle t\u00fcketici kaynakl\u0131 kredi b\u00fcy\u00fcmesi yan\u0131nda y\u00fckselen i\u015flem hacim etkisiyle artan kredi kart komisyonlar\u0131 ve di\u011fer kanallardan elde edilen komisyon gelirlerindeki olumlu tablo \u00fccret ve komisyon gelirlerinin \u00f6zellikle ge\u00e7mi\u015f y\u0131llara g\u00f6re toplam gelir i\u00e7indeki s\u00fcrd\u00fcr\u00fclebilir pay\u0131n\u0131n artt\u0131\u011f\u0131n\u0131 ortaya koyuyor.<br \/><em>Faiz d\u0131\u015f\u0131 gelirler de g\u00fcc\u00fcn\u00fc koruyor.<\/em> G\u00fc\u00e7l\u00fc i\u015ftirak gelirlerinin yan\u0131nda tahsilat destekli di\u011fer faiz d\u0131\u015f\u0131 gelir kaleminin de kuvvetli olu\u015fu genel karl\u0131l\u0131\u011fa bu \u00e7eyrek \u00e7ok olumlu etki yapt\u0131.<br \/><em>Faaliyet giderleri \u00e7eyreklik bazda , y\u0131ll\u0131k olarak ise r artt\u0131.<\/em> Burada maa\u015f art\u0131\u015flar\u0131n\u0131n \u00f6nemli rol\u00fc bulunuyor. Ayr\u0131ca m\u00fc\u015fteri kazan\u0131m giderleri de personel d\u0131\u015f\u0131 giderlerin \u00e7eyrekte bir miktar art\u0131\u015f\u0131na neden oldu. Yine de maliyet art\u0131\u015flar\u0131n\u0131n kontrol alt\u0131nda oldu\u011funu d\u00fc\u015f\u00fcn\u00fcyoruz.<br \/><strong>De\u011ferleme \u00fczerindeki etki ve g\u00f6r\u00fcn\u00fcm: <\/strong>Garanti Bankas\u0131 i\u00e7in karl\u0131l\u0131k tahminlerimizi (\u00f6zellikle orta vade) yukar\u0131 y\u00f6nl\u00fc yenilerken, mart ay\u0131nda artan oynakl\u0131k sonras\u0131 art\u0131rd\u0131\u011f\u0131m\u0131z sermaye maliyeti \u00fczerindeki ek risk primlerini normalle\u015ftirdik. Bankan\u0131n g\u00fc\u00e7l\u00fc performans\u0131n\u0131n y\u0131l\u0131n ikinci yar\u0131s\u0131 ve daha sonras\u0131nda da devam edece\u011fini \u00f6ng\u00f6r\u00fcyoruz.\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"345\" src=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2025\/07\/E6EB1532-4E46-48E6-A85E-DC7C9D723EDE-1024x345.png\" alt=\"| Rota Borsa\" class=\"wp-image-342855\" title=\"| Rota Borsa\" \/><\/figure>\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-rota-borsa wp-block-embed-rota-borsa\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"SW7j8JBHT5\"><p><a href=\"https:\/\/rotaborsa.com\/dogus-otomotiv-doas-hisseleri-icin-yeni-hedef-fiyat-aciklandi-40\/\">Do\u011fu\u015f Otomotiv (DOAS) hisseleri i\u00e7in yeni hedef fiyat a\u00e7\u0131kland\u0131<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Bizi WhatsApp Kanal\u0131m\u0131z \u00fczerinden de takip edebilirsiniz. WhatsApp kanal\u0131 linki:\u00a0<a href=\"https:\/\/whatsapp.com\/channel\/0029Vb6J7JQ6GcG8uLrIR81x\" target=\"_blank\" rel=\"noreferrer noopener\"><mark><mark style=\"background-color:#ffffff;color:#01b673\" class=\"has-inline-color\">https:\/\/whatsapp.com\/channel\/0029Vb6J7JQ6GcG8uLrIR81x<\/mark><\/mark><\/a><\/p>\n<p>Bizi Telegram \u00dczerinden de takip edebilirsiniz. Telegram kanal\u0131 linki:\u00a0<a href=\"https:\/\/t.me\/rotaborsa_halkaarz\" target=\"_blank\" rel=\"noreferrer noopener\"><mark><mark style=\"background-color:#ffffff\" class=\"has-inline-color has-vivid-red-color\">https:\/\/t.me\/rotaborsa_halkaarz<\/mark><\/mark><\/a><\/p>\n<p><em><em><em><strong>\u0130\u015f Yat\u0131r\u0131m yasal uyar\u0131s\u0131:<\/strong> Burada yer alan bilgiler \u0130\u015f Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e. taraf\u0131ndan bilgilendirme amac\u0131 ile haz\u0131rlanm\u0131\u015ft\u0131r. 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. Herhangi bir yat\u0131r\u0131m arac\u0131n\u0131n al\u0131m-sat\u0131m \u00f6nerisi ya da getiri vaadi olarak yorumlanmamal\u0131d\u0131r. Bu g\u00f6r\u00fc\u015fler mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle, sadece burada yer alan bilgilere dayanarak yat\u0131r\u0131m karar\u0131 verilmesi beklentilerinize uygun sonu\u00e7lar do\u011furmayabilir. Burada yer alan fiyatlar, veriler ve bilgilerin tam ve do\u011fru oldu\u011fu garanti edilemez; i\u00e7erik, haber verilmeksizin de\u011fi\u015ftirilebilir. T\u00fcm veriler, \u0130\u015f Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e. taraf\u0131ndan g\u00fcvenilir oldu\u011funa inan\u0131lan kaynaklardan al\u0131nm\u0131\u015ft\u0131r. Bu kaynaklar\u0131n kullan\u0131lmas\u0131 nedeni ile ortaya \u00e7\u0131kabilecek hatalardan \u0130\u015f Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e. sorumlu de\u011fildir. <\/em><\/em><\/em><\/p>\n<p><em><strong>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":"<p>T\u00fcrkiye Garanti Bankas\u0131 A.\u015e.\u00a0(GARAN) 2025 y\u0131l\u0131 2. \u00e7eyrek finansal sonu\u00e7lar\u0131 kamuya a\u00e7\u0131kland\u0131. Bilan\u00e7o sonras\u0131 \u015eirketin finansal tablolar\u0131 i\u00e7in de\u011ferlendirme, \u0130\u015f Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e.\u2019den geldi. Kurum de\u011ferlendirmesinde \u015fu ifadeleri kulland\u0131; T\u00fcrkiye Garanti Bankas\u0131 A.\u015e.\u00a0hisse haberleri \u0130\u015f Yat\u0131r\u0131m de\u011ferlendirmesi \u015fu \u015fekilde; \u201cGaranti 2\u00c725 Sonu\u00e7lar\u0131: Garanti bir kez daha beklentilerin \u00fczerinde bir karl\u0131l\u0131\u011fa ula\u015ft\u0131.Ger\u00e7ekle\u015fen ve Tahminler: Garanti [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":48621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-48620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilanco-haberleri"],"_links":{"self":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/48620","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=48620"}],"version-history":[{"count":0,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/48620\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media\/48621"}],"wp:attachment":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media?parent=48620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/categories?post=48620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/tags?post=48620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}