Is Bankasi Q2 Net Profit Up At 17.37 Bln Lira YoY, Revises 2025 Net Interest Margin And Return On Average Tangible Equity Guidance

Turkiye Is Bankasi AS ISATR:

• IS BANK - Q2 NET PROFIT OF 17.37 BILLION LIRA VERSUS NET PROFIT OF 15.10 BILLION LIRA YEAR AGO

• IS BANK - Q2 NET INTEREST INCOME OF 14.89 BILLION LIRA VERSUS 8.58 BILLION LIRA YEAR AGO

• IS BANK - Q2 NET FEE AND COMMISSION OF 32.77 BILLION LIRA VERSUS 21.50 BILLION LIRA YEAR AGO

• IS BANK - END-Q2 LOANS OF 2.03 TRILLION LIRA VERSUS END-2024 LOANS OF 1.66 TRILLION LIRA

• IS BANK EXPECTS 2025 NET INTEREST MARGIN TO GROW AROUND 350 BPS (PREVIOUS FORECAST: TO GROW 450 BPS)

• IS BANK EXPECTS 2025 RETURN ON AVERAGE TANGIBLE EQUITY TO BE AROUND 25% (PREVIOUS FORECAST: AROUND 30%)