On November 3, 2026, Yapı Kredi announced its consolidated results for the nine 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 3.2 trillion while total customer deposits reached to TL 2.4 trillion. The Bank’s net income stood at TL 41.7 billion, indicating a return on average tangible equity of 20.6%.
Maintaining solid financial fundamentals and controlled growth
In the first nine months of 2026, the Bank increased its Turkish Lira cash loans by 22% and foreign currency loans by 5%, in US dollar terms, compared to the end of 2025. As a result, total performing loans reached to TL 2.217 trillion. During the same period, the Bank’s Turkish Lira customer deposits increased by 32% when foreign currency customer deposits came down a limited 1% in US dollar terms. All incorporated, total customer deposits reached TL 2.395 trillion, as of the first nine months of 2026. Equally important, supported by the continued focus on small ticket deposits, TL customer demand deposits rose by 26%, reaching to 26% share in total TL deposits. On liquidity front, the Bank’s total and foreign currency liquidity coverage ratios realized at 131% and 472%, respectively.
Prudent and conservative asset quality approach
As of the first nine months of 2026, Yapı Kredi’s non-performing loan ratio realized as 4.2%. In the first nine months 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 214 basis points in the first nine months of 2026.
Capital Ratios
In the first nine months of 2026, the capital ratios continued to remain above regulatory levels and consolidated Capital Adequacy Ratio and Tier-1 ratio realized at 14.1% and 11.7%, respectively.
Solid revenue performance supporting the bottom-line
In the first nine months of the year, Yapı Kredi recorded TL 181,710 million of core banking revenues. Unconsolidated swap-adjusted NIM widened by 58 basis points over 2025-end to 2.82% 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 19% year-over-year in the first nine months of 2026 reaching to TL 98.268 million. Operating costs increased by 34% during the same periods, respectively, and stood at TL 115,453 million in the first nine months of the year. As a result, fee coverage of operating costs ratio realized at 85%. All in all, the Bank achieved a net income of TL 41,676 million and increased its return on average tangible equity to 20.6% in the first nine months of the year.