Turkiye Halk Bankasi (HALKB) - Net Assets
Based on the latest financial reports, Turkiye Halk Bankasi (HALKB) has net assets worth TL222.95 Billion TRY (≈ $4.99 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL4.50 Trillion ≈ $100.72 Billion USD) and total liabilities (TL4.27 Trillion ≈ $95.73 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check HALKB asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL222.95 Billion |
| % of Total Assets | 4.96% |
| Annual Growth Rate | -35.07% |
| 5-Year Change | 406.56% |
| 10-Year Change | 943.29% |
| Growth Volatility | 33.48 |
Turkiye Halk Bankasi - Net Assets Trend (2003–2025)
This chart illustrates how Turkiye Halk Bankasi's net assets have evolved over time, based on quarterly financial data. Also explore Turkiye Halk Bankasi balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Turkiye Halk Bankasi (2003–2025)
The table below shows the annual net assets of Turkiye Halk Bankasi from 2003 to 2025. For live valuation and market cap data, see Turkiye Halk Bankasi market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL222.95 Billion ≈ $4.99 Billion |
+31.19% |
| 2024-12-31 | TL169.94 Billion ≈ $3.81 Billion |
+18.91% |
| 2023-12-31 | TL142.91 Billion ≈ $3.20 Billion |
+63.47% |
| 2022-12-31 | TL87.43 Billion ≈ $1.96 Billion |
+98.65% |
| 2021-12-31 | TL44.01 Billion ≈ $985.74 Million |
+2.88% |
| 2020-12-31 | TL42.78 Billion ≈ $958.14 Million |
+32.86% |
| 2019-12-31 | TL32.20 Billion ≈ $721.14 Million |
+8.99% |
| 2018-12-31 | TL29.54 Billion ≈ $661.65 Million |
+15.72% |
| 2017-12-31 | TL25.53 Billion ≈ $571.78 Million |
+19.46% |
| 2016-12-31 | TL21.37 Billion ≈ $478.62 Million |
+11.49% |
| 2015-12-31 | TL19.17 Billion ≈ $429.28 Million |
+21.17% |
| 2014-12-31 | TL15.82 Billion ≈ $354.27 Million |
+18.30% |
| 2013-12-31 | TL13.37 Billion ≈ $299.48 Million |
+16.27% |
| 2012-12-31 | TL11.50 Billion ≈ $257.58 Million |
+34.34% |
| 2011-12-31 | TL8.56 Billion ≈ $191.74 Million |
+16.12% |
| 2010-12-31 | TL7.37 Billion ≈ $165.12 Million |
+27.63% |
| 2009-12-31 | TL5.78 Billion ≈ $129.37 Million |
+37.83% |
| 2008-12-31 | TL4.19 Billion ≈ $93.86 Million |
-1.15% |
| 2007-12-31 | TL4.24 Billion ≈ $94.95 Million |
+10.67% |
| 2006-12-31 | TL3.83 Billion ≈ $85.80 Million |
+18.23% |
| 2005-12-31 | TL3.24 Billion ≈ $72.57 Million |
-100.00% |
| 2004-12-31 | TL3067.06 Trillion ≈ $68.69 Trillion |
+2.83% |
| 2003-12-31 | TL2982.60 Trillion ≈ $66.80 Trillion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Turkiye Halk Bankasi's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL32.38 Billion | 14.83% |
| Other Components | TL185.99 Billion | 85.17% |
| Total Equity | TL218.37 Billion | 100.00% |
Turkiye Halk Bankasi Competitors by Market Cap
The table below lists competitors of Turkiye Halk Bankasi ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lamb Weston Holdings Inc
NYSE:LW
|
$6.09 Billion |
|
Chewy Inc
NYSE:CHWY
|
$6.09 Billion |
|
DigitalOcean Holdings Inc
NYSE:DOCN
|
$6.09 Billion |
|
Nice Ltd ADR
NASDAQ:NICE
|
$6.10 Billion |
|
Mega Or
TA:MGOR
|
$6.08 Billion |
|
United Tractors Tbk PT
JK:UNTR
|
$6.08 Billion |
|
Mycronic publ AB
ST:MYCR
|
$6.07 Billion |
|
Construction Partners Inc
NASDAQ:ROAD
|
$6.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Turkiye Halk Bankasi's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 166,558,967,000 to 218,365,901,000, a change of 51,806,934,000 (31.1%).
- Net income of 27,130,696,000 contributed positively to equity growth.
- Dividend payments of 2,938,000 reduced retained earnings.
- Other factors increased equity by 24,679,176,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL27.13 Billion | +12.42% |
| Dividends Paid | TL2.94 Million | -0.0% |
| Other Changes | TL24.68 Billion | +11.3% |
| Total Change | TL- | 31.10% |
Book Value vs Market Value Analysis
This analysis compares Turkiye Halk Bankasi's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.25x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.34x to 1.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | TL4.05 | TL37.84 | x |
| 2018-12-31 | TL4.69 | TL37.84 | x |
| 2019-12-31 | TL5.11 | TL37.84 | x |
| 2020-12-31 | TL3.44 | TL37.84 | x |
| 2021-12-31 | TL3.54 | TL37.84 | x |
| 2022-12-31 | TL3.50 | TL37.84 | x |
| 2023-12-31 | TL19.60 | TL37.84 | x |
| 2024-12-31 | TL23.18 | TL37.84 | x |
| 2025-12-31 | TL30.39 | TL37.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Turkiye Halk Bankasi utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.42%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.75%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 20.59x
- Recent ROE (12.42%) is below the historical average (16.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 20.44% | 11.31% | 0.24x | 7.44x | TL310.30 Trillion |
| 2004 | 17.09% | 14.86% | 0.14x | 8.44x | TL216.69 Trillion |
| 2005 | 16.21% | 15.04% | 0.13x | 8.36x | TL201.31 Million |
| 2006 | 22.56% | 18.31% | 0.14x | 9.00x | TL481.19 Million |
| 2007 | 26.72% | 20.98% | 0.13x | 9.46x | TL708.67 Million |
| 2008 | 24.25% | 13.42% | 0.15x | 12.17x | TL597.22 Million |
| 2009 | 28.85% | 23.14% | 0.12x | 10.54x | TL1.09 Billion |
| 2010 | 25.02% | 25.38% | 0.10x | 9.91x | TL1.11 Billion |
| 2011 | 23.70% | 24.58% | 0.09x | 10.77x | TL1.17 Billion |
| 2012 | 22.99% | 26.97% | 0.09x | 9.49x | TL1.49 Billion |
| 2013 | 21.52% | 22.91% | 0.09x | 10.72x | TL1.52 Billion |
| 2014 | 14.52% | 20.45% | 0.07x | 10.06x | TL706.53 Million |
| 2015 | 12.22% | 32.70% | 0.04x | 10.07x | TL421.46 Million |
| 2016 | 11.98% | 23.82% | 0.04x | 11.24x | TL417.97 Million |
| 2017 | 15.95% | 32.24% | 0.04x | 12.33x | TL1.51 Billion |
| 2018 | 9.07% | 19.56% | 0.03x | 13.25x | TL-272.81 Million |
| 2019 | 7.11% | 16.45% | 0.03x | 14.69x | TL-923.41 Million |
| 2020 | 8.67% | 19.36% | 0.03x | 16.38x | TL-566.91 Million |
| 2021 | 4.20% | 7.47% | 0.03x | 21.31x | TL-2.54 Billion |
| 2022 | 17.78% | 19.90% | 0.05x | 16.48x | TL6.77 Billion |
| 2023 | 11.95% | 27.23% | 0.03x | 16.31x | TL2.75 Billion |
| 2024 | 13.23% | 28.44% | 0.02x | 18.88x | TL5.38 Billion |
| 2025 | 12.42% | 15.75% | 0.04x | 20.59x | TL5.29 Billion |
Industry Comparison
This section compares Turkiye Halk Bankasi's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $10,772,631,556
- Average return on equity (ROE) among peers: 15.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Turkiye Halk Bankasi (HALKB) | TL222.95 Billion | 20.44% | 19.17x | $6.09 Billion |
| Akbank TAS (AKBNK) | $18.29 Billion | 14.14% | 6.61x | $8.53 Billion |
| Albaraka Turk Katilim Bankasi AS (ALBRK) | $2.10 Billion | 14.35% | 13.08x | $470.91 Million |
| Turkiye Garanti Bankasi A.S. (GARAN) | $7.25 Billion | 33.47% | 9.39x | $12.59 Billion |
| ICBC Turkey Bank AS (ICBCT) | $601.63 Million | 0.04% | 10.04x | $323.98 Million |
| Turkiye Is Bankasi AS Class C (ISCTR) | $8.63 Billion | 8.62% | 4.12x | $8.03 Billion |
| Turkiye Kalkinma Bankasi AS (KLNMA) | $3.59 Billion | 13.99% | 6.82x | $2.13 Billion |
| Qnb Finansbank AS (QNBTR) | $44.28 Billion | 38.90% | 13.03x | $30.43 Billion |
| Haci Omer Sabanci Holding AS (SAHOL) | $10.88 Billion | 6.25% | 2.98x | $4.43 Billion |
| Sekerbank TAS (SKBNK) | $1.33 Billion | 9.79% | 7.69x | $687.04 Million |
About Turkiye Halk Bankasi
Türkiye Halk Bankasi A.S., together with its subsidiaries, offers various banking products and services. The company provides deposit products, including e-deposits, deposit accounts with investment funds, child accounts, accumulated deposit accounts, producing deposit accounts, current TL accounts, time deposit TL/FX accounts, current FX accounts, gold deposit accounts, and safety deposit boxes.… Read more