{"id":64312,"date":"2026-04-06T07:59:18","date_gmt":"2026-04-06T07:59:18","guid":{"rendered":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2026\/04\/06\/turkiye-is-bankasi-isctr-bilanco-yorumu\/"},"modified":"2026-04-06T07:59:18","modified_gmt":"2026-04-06T07:59:18","slug":"turkiye-is-bankasi-isctr-bilanco-yorumu","status":"publish","type":"post","link":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2026\/04\/06\/turkiye-is-bankasi-isctr-bilanco-yorumu\/","title":{"rendered":"T\u00fcrkiye \u0130\u015f Bankas\u0131 (ISCTR) bilan\u00e7o yorumu"},"content":{"rendered":"<p>T\u00fcrkiye \u0130\u015f Bankas\u0131 A.\u015e.\u00a0(ISCTR) 2025 y\u0131l\u0131 4. \u00e7eyrek finansal sonu\u00e7lar\u0131 6 \u015eubat g\u00fcn\u00fc kamuya a\u00e7\u0131kland\u0131. <a href=\"https:\/\/rotaborsa.com\/haberler\/bilanco-haberleri\/\">Bilan\u00e7o<\/a> sonras\u0131nda \u015eirketin finansal tablolar\u0131 i\u00e7in de\u011ferlendirme, Deniz Yat\u0131r\u0131m Menkul K\u0131ymetler A.\u015e.\u2019den geldi.<\/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\/2024\/09\/isctr.jpg\" alt=\"| Rota Borsa\" class=\"wp-image-210271\" title=\"2 kurum Ford Otomotiv (FROTO) i\u00e7in hedef fiyatlar\u0131n\u0131 a\u00e7\u0131klad\u0131 6 HABERLER, G\u00fcndemdekiler, \u015eirket Haberleri Rota Borsa\"><\/figure>\n<h2 class=\"wp-block-heading\">T\u00fcrkiye \u0130\u015f Bankas\u0131 A.\u015e. hisse haberleri \u2013 ISCTR hisse yorumu<\/h2>\n<p>Deniz Yat\u0131r\u0131m de\u011ferlendirmesi \u015fu \u015fekilde; \u201c<strong>4\u00c725 Finansal Sonu\u00e7lar\u0131 De\u011ferlendirmesi;<\/strong> <em>De\u011ferlendirme: Olumlu;<\/em> \u0130\u015f Bankas\u0131, 4\u00c725 konsolide olmayan finansallar\u0131nda 16.1 milyar TL civar\u0131ndaki piyasa beklentisinin olduk\u00e7a \u00fczerinde 23.44 milyar TL net kar a\u00e7\u0131klad\u0131. Net kar rakam\u0131 e \u00e7\/\u00e7 ve 6.4 y\/y artarken bu d\u00f6nemde \u00f6zsermaye karl\u0131l\u0131\u011f\u0131 #.2 olarak ger\u00e7ekle\u015fmi\u015ftir. 2025 t\u00fcm y\u0131l kar rakam\u0131 ise y\u0131ll\u0131k H.2 art\u0131\u015f ile 67.44 milyar TL, \u00f6zsermaye karl\u0131l\u0131\u011f\u0131 ise .6 olarak ger\u00e7ekle\u015fti. A\u00e7\u0131klanan sonu\u00e7lar\u0131 ve bankan\u0131n 2025 y\u0131l\u0131 y\u00f6nlendirmesini hisse fiyat\u0131 a\u00e7\u0131s\u0131ndan olumlu olarak de\u011ferlendiriyoruz.<br \/>\u25a0 Bu d\u00f6nemin \u00f6ne \u00e7\u0131kan hususlar\u0131: i) .2 \u00e7\/\u00e7 TL kredi b\u00fcy\u00fcmesi (konut: .8, ta\u015f\u0131t: I.2, genel ama\u00e7l\u0131 t\u00fcketici kredisi: .3 ve kredi kart\u0131: .4 b\u00fcy\u00fcme ile bireysel segment, .0 \u00e7\/\u00e7 artan TL ticari kredilere g\u00f6re hafif daha h\u0131zl\u0131 bir b\u00fcy\u00fcme sergilemi\u015ftir, ii) YP krediler USD baz\u0131nda %0.4 \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 116 bps ve net interbank plasmanlar\u0131 55 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 1.2 puan art\u0131\u015fla B.8 olarak ger\u00e7ekle\u015fmi\u015ftir, v) net takibe intikal ~20.7 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 ~13.2 puan \u00e7\/\u00e7 gerileme ile 7.1 olurken, net kredi riski ise kur etkisi dahil \u00e7eyreksel bazda yatay kalarak %3.0 olarak ger\u00e7ekle\u015firken, 2025 t\u00fcm y\u0131lda kur etkisi dahil net kredi riski ise %2.4 olarak ger\u00e7ekle\u015fmi\u015ftir, vi) Grup 2 kredilerin toplam krediler i\u00e7erisindeki pay\u0131 .2, 2025 t\u00fcm y\u0131lda yakla\u015f\u0131k 9.57 milyar TL takipteki kredi sat\u0131\u015f\u0131 sonras\u0131nda ise takipteki kredi oran\u0131 %3.2 olmu\u015f, vii) faaliyet giderleri ve bankac\u0131l\u0131k hizmet gelirleri 2025\u2019te s\u0131ras\u0131 ile y\u0131ll\u0131k (.1 ve G.0 artm\u0131\u015ft\u0131r. \u0130\u015f Bankas\u0131, 2026 y\u0131l\u0131 tahminlerimize g\u00f6re (.2 \u00f6zsermaye karl\u0131l\u0131\u011f\u0131, 0.74x F\/DD ve 2.99x F\/K \u00e7arpanlar\u0131 ile i\u015flem g\u00f6rmektedir. Y\u00fcksek kar\u015f\u0131l\u0131k oranlar\u0131 (Grup 2 ve 3 krediler i\u00e7in .0 ve c.3), ve .5 SYR (\u00c7ekirdek SYR: .3) ile olas\u0131 risklere kar\u015f\u0131 olduk\u00e7a korunakl\u0131 oldu\u011funu d\u00fc\u015f\u00fcn\u00fcyoruz. d\u00fc\u015fen faiz ortam\u0131nda bankan\u0131n 3 aya kadar olan vadede yeniden fiyatlanacak varl\u0131klar\u0131n\u0131n toplam i\u00e7erisindeki pay\u0131n\u0131 s\u0131n\u0131rl\u0131 da olsa art\u0131rabilmesini olumlu olarak de\u011ferlendiriyoruz.<br \/>\u25a0 <em>2026 y\u0131l\u0131 beklentileri.<\/em> \u0130\u015f Bankas\u0131 %4.0 reel ekonomik b\u00fcy\u00fcme, % T\u00dcFE, ve 0 sene sonu TCMB politika faizinden olu\u015fan makro tahmin seti \u00e7er\u00e7evesinde i) ~4-36 TL kredi b\u00fcy\u00fcmesi, ii)~270 bps net faiz marj\u0131 geni\u015flemesi, iii) %2.5\u2019ten d\u00fc\u015f\u00fck net kredi riski (2025: 238 bps), iv) ~%4 takipteki kredi oran\u0131 (~80 bps art\u0131\u015f), v) ~@ net \u00fccret ve komisyon geliri art\u0131\u015f\u0131 ve, vi) D-46 faaliyet gideri art\u0131\u015f\u0131 beklemektedir. Bu tahmin seti sonucunda \u00f6zsermaye karl\u0131l\u0131\u011f\u0131 ise enflasyon \u00fcst\u00fc olarak beklenmektedir. Biz de 2026 y\u0131l\u0131na dair beklentimizi 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 250 bps marj art\u0131\u015f\u0131, TL kredilerde y\u0131ll\u0131k 2.5 b\u00fcy\u00fcme, net kredi riskinde kur etkisi dahil 10 bps art\u0131\u015f, 8 net \u00fccret ve komisyon geliri art\u0131\u015f\u0131 ve F faaliyet gideri art\u0131\u015f\u0131 modelliyoruz. Bu beklentiler do\u011frultusunda 2026 y\u0131l\u0131nda (.2 \u00f6zkaynak karl\u0131l\u0131\u011f\u0131 \u00f6ng\u00f6r\u00fcrken, net kar rakam\u0131n\u0131n 2025 y\u0131l\u0131na k\u0131yasla 4 art\u0131\u015f kaydetmesini bekliyoruz.\u201d<br \/>\u27a2 Raporun tamam\u0131n\u0131 PDF olarak g\u00f6r\u00fcnt\u00fclemek i\u00e7in a\u015fa\u011f\u0131daki dosyay\u0131 indirebilirsiniz.<\/p>\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object><\/object><a id=\"wp-block-file--media-f960020d-4b1f-4c5d-9845-35332f0b3b91\" href=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2026\/02\/170652-450.pdf\">170652-450<\/a><a href=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2026\/02\/170652-450.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-f960020d-4b1f-4c5d-9845-35332f0b3b91\">\u0130ndir<\/a><\/div>\n<p><em><strong>Kaynak: <\/strong>Deniz Yat\u0131r\u0131m Ara\u015ft\u0131rma<\/em><\/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-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=\"x8K7BwDcCz\"><p><a href=\"https:\/\/rotaborsa.com\/yabanci-orani-surekli-artan-5-hisse-119\/\">Yabanc\u0131 oran\u0131 s\u00fcrekli artan 5 hisse<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\" style=\"font-size:10px\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<ul class=\"wp-block-social-links aligncenter has-huge-icon-size has-visible-labels has-icon-color is-style-default is-horizontal is-content-justification-center is-layout-flex wp-container-core-social-links-is-layout-499968f5 wp-block-social-links-is-layout-flex\">\n<li style=\"color:#ffffff\" class=\"wp-social-link wp-social-link-whatsapp has-white-color wp-block-social-link\"><a rel=\"noopener nofollow\" target=\"_blank\" href=\"https:\/\/whatsapp.com\/channel\/0029Vb6J7JQ6GcG8uLrIR81x\" class=\"wp-block-social-link-anchor\"><span class=\"wp-block-social-link-label\">Rota Borsa WhatsApp kanal\u0131na kat\u0131l\u0131n!<\/span><\/a><\/li>\n<li style=\"color:#ffffff\" class=\"wp-social-link wp-social-link-telegram has-white-color wp-block-social-link\"><a rel=\"noopener nofollow\" target=\"_blank\" href=\"https:\/\/t.me\/rotaborsa_halkaarz\" class=\"wp-block-social-link-anchor\"><span class=\"wp-block-social-link-label\">Rota Borsa Telegram kanal\u0131na kat\u0131l\u0131n!<\/span><\/a><\/li>\n<li style=\"color:#ffffff\" class=\"wp-social-link wp-social-link-x has-white-color wp-block-social-link\"><a rel=\"noopener nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/rotaborsa\" class=\"wp-block-social-link-anchor\"><span class=\"wp-block-social-link-label\">Rota Borsa Twitter hesab\u0131n\u0131 takip edin!<\/span><\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><em><em><em><em><em><em><em><strong>Deniz Yat\u0131r\u0131m yasal uyar\u0131s\u0131:<\/strong><\/em> <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. Sadece burada yer alan bilgilere dayan\u0131larak yat\u0131r\u0131m karar\u0131 verilmesi beklentilerinize uygun sonu\u00e7lar do\u011furmayabilir.<\/em><\/em><\/em><\/em><\/em><\/em><\/em><br \/><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 \u0130\u015f Bankas\u0131 A.\u015e.\u00a0(ISCTR) 2025 y\u0131l\u0131 4. \u00e7eyrek finansal sonu\u00e7lar\u0131 6 \u015eubat g\u00fcn\u00fc kamuya a\u00e7\u0131kland\u0131. Bilan\u00e7o sonras\u0131nda \u015eirketin finansal tablolar\u0131 i\u00e7in de\u011ferlendirme, Deniz Yat\u0131r\u0131m Menkul K\u0131ymetler A.\u015e.\u2019den geldi. T\u00fcrkiye \u0130\u015f Bankas\u0131 A.\u015e. hisse haberleri \u2013 ISCTR hisse yorumu Deniz Yat\u0131r\u0131m de\u011ferlendirmesi \u015fu \u015fekilde; \u201c4\u00c725 Finansal Sonu\u00e7lar\u0131 De\u011ferlendirmesi; De\u011ferlendirme: Olumlu; \u0130\u015f Bankas\u0131, 4\u00c725 konsolide olmayan finansallar\u0131nda [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":64313,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-64312","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\/64312","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=64312"}],"version-history":[{"count":0,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/64312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media\/64313"}],"wp:attachment":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media?parent=64312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/categories?post=64312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/tags?post=64312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}