Q2 2025 Turkiye Vakiflar Bankasi TAO Earnings Call Transcript
Welcome to the VakifBank audio webcast second-quarter 2025 bank-only earnings results. We will have a question-and-answer session following the presentation. (Operator Instructions)
Now, with that, I'm going to leave the floor to our hosts, and they are Mr. Ali Tahan, the Head of International Banking and Investor Relations; and Ms. Ece Seda Yasan Yilmaz, Head of Investor Relations. Sir, madam, the floor is yours.
Thank you, Rob. Good afternoon, everybody, and welcome to first half 2025 VakifBank Earnings Conference Call. Starting with the presentation, I would like to start with the first page, which is related to profitability. As you can see on the right-hand side above chart, this quarter, second quarter only, we delivered TRY10 billion quarterly net income, which is slightly above the market consensus of TRY9.3 billion. And with TRY10 billion quarterly net income, first half net income materialized at TRY30 billion, which is up by 57% compared to same term of the previous year.
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