{"id":124729,"date":"2026-07-31T13:15:22","date_gmt":"2026-07-31T10:15:22","guid":{"rendered":"https:\/\/ekonomigundemi.com.tr\/index.php\/2026\/07\/31\/yapi-kredi-icin-hedef-fiyatini-4430-tlye-revize-etti-al-tavsiyesini-korudu"},"modified":"2026-07-31T13:15:22","modified_gmt":"2026-07-31T10:15:22","slug":"yapi-kredi-icin-hedef-fiyatini-4430-tlye-revize-etti-al-tavsiyesini-korudu","status":"publish","type":"post","link":"https:\/\/ekonomigundemi.com.tr\/index.php\/2026\/07\/31\/yapi-kredi-icin-hedef-fiyatini-4430-tlye-revize-etti-al-tavsiyesini-korudu\/","title":{"rendered":"Yap\u0131 Kredi i\u00e7in hedef fiyat\u0131n\u0131 44,30 TL’ye revize etti, ‘AL’ tavsiyesini korudu"},"content":{"rendered":"

Alnus Yat\u0131r\u0131m, Yap\u0131 ve Kredi Bankas\u0131’n\u0131n (YKBNK) 2026 y\u0131l\u0131 ilk yar\u0131 finansal sonu\u00e7lar\u0131n\u0131 de\u011ferlendirdi\u011fi raporunda, hisse i\u00e7in hedef fiyat\u0131n\u0131 55,32 TL’den 44,30 TL’ye revize ederken, y\u00fckseli\u015f potansiyelinin devam etti\u011fini belirterek “AL” tavsiyesini korudu.<\/p>\n

Raporda, bankan\u0131n 2026’n\u0131n ilk alt\u0131 ay\u0131nda g\u00fc\u00e7l\u00fc \u00e7ekirdek bankac\u0131l\u0131k performans\u0131 sergiledi\u011fi belirtilirken, net faiz gelirlerindeki g\u00fc\u00e7l\u00fc art\u0131\u015f\u0131n k\u00e2rl\u0131l\u0131\u011f\u0131 destekledi\u011fi ifade edildi.<\/p>\n

Yap\u0131 Kredi’nin faiz gelirleri ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re yakla\u015f\u0131k y\u00fczde 24,4 art\u0131\u015fla 328,2 milyar TL’ye y\u00fckselirken, faiz giderleri y\u00fczde 6,6 art\u0131\u015fla 220,4 milyar TL olarak ger\u00e7ekle\u015fti. B\u00f6ylece bankan\u0131n net faiz gelirleri y\u0131ll\u0131k bazda y\u00fczde 88,6 art\u0131\u015f g\u00f6stererek 107,8 milyar TL’ye ula\u015ft\u0131.<\/p>\n

Net \u00fccret ve komisyon gelirleri de y\u00fczde 24,2 art\u0131\u015fla 61,5 milyar TL’ye y\u00fckseldi. Ancak t\u00fcrev finansal i\u015flemlerden kaynaklanan zarar nedeniyle ticari zarar 48,4 milyar TL seviyesine \u00e7\u0131kt\u0131.<\/p>\n

Buna ra\u011fmen banka, di\u011fer faaliyet gelirlerinin katk\u0131s\u0131yla br\u00fct faaliyet k\u00e2r\u0131n\u0131 y\u00fczde 42,6 art\u0131rarak 138,6 milyar TL’ye ta\u015f\u0131d\u0131.<\/p>\n

Kar\u015f\u0131l\u0131k giderleri, personel giderleri ve di\u011fer faaliyet giderlerinin ard\u0131ndan bankan\u0131n net faaliyet kar\u0131 29,5 milyar TL olurken, \u00f6zkaynak y\u00f6ntemiyle muhasebele\u015ftirilen i\u015ftirak gelirlerinin de katk\u0131s\u0131yla d\u00f6nem net kar\u0131 y\u0131ll\u0131k bazda y\u00fczde 36,3 art\u0131\u015f g\u00f6stererek 31 milyar TL olarak ger\u00e7ekle\u015fti.<\/p>\n

Raporda, bankan\u0131n \u00e7ekirdek gelirlerinin y\u0131ll\u0131k bazda y\u00fczde 47 art\u0131\u015fla 120 milyar TL’ye ula\u015ft\u0131\u011f\u0131, \u00e7ekirdek gelir marj\u0131n\u0131n ise 34 baz puan y\u00fckselerek y\u00fczde 7 seviyesine \u00e7\u0131kt\u0131\u011f\u0131 vurguland\u0131.<\/p>\n

Net \u00fccret ve komisyon gelirlerinin da\u011f\u0131l\u0131m\u0131nda \u00f6deme sistemleri y\u00fczde 64 ile ilk s\u0131rada yer al\u0131rken, kredi i\u015flemleri y\u00fczde 15, para transferleri y\u00fczde 9 ve bankas\u00fcrans y\u00fczde 8 pay ald\u0131.<\/p>\n

\u0130lk yar\u0131 itibar\u0131yla kredi risk maliyetinin 201 baz puan seviyesinde ger\u00e7ekle\u015fti\u011fi belirtilirken, \u00e7ekirdek sermaye yeterlilik oran\u0131 y\u00fczde 9,4, ana sermaye yeterlilik oran\u0131 y\u00fczde 12,1 ve sermaye yeterlilik oran\u0131 y\u00fczde 14,4 olarak a\u00e7\u0131kland\u0131.<\/p>\n

Alnus Yat\u0131r\u0131m, bankan\u0131n y\u0131l sonu beklentilerine de yer verdi. Buna g\u00f6re TL kredi b\u00fcy\u00fcmesinde yakla\u015f\u0131k y\u00fczde 30, yabanc\u0131 para kredi b\u00fcy\u00fcmesinde ise d\u00fc\u015f\u00fck tek haneli art\u0131\u015f \u00f6ng\u00f6r\u00fcl\u00fcyor. \u0130lk alt\u0131 ayda TL krediler y\u00fczde 15, yabanc\u0131 para krediler ise y\u00fczde 5 b\u00fcy\u00fcd\u00fc.<\/p>\n

Banka ayr\u0131ca y\u0131l genelinde net faiz marj\u0131nda 100 baz puan veya \u00fczeri iyile\u015fme, enflasyon seviyesinde komisyon b\u00fcy\u00fcmesi, gider art\u0131\u015f\u0131n\u0131n y\u00fczde 35’in alt\u0131nda kalmas\u0131 ve kredi risk maliyetinin 150-175 baz puan aral\u0131\u011f\u0131nda ger\u00e7ekle\u015fmesini bekliyor.<\/p>\n

Alnus Yat\u0131r\u0131m, de\u011ferleme \u00e7al\u0131\u015fmas\u0131nda fiyat\/kazan\u00e7 \u00e7arpan\u0131 ile art\u0131k gelir modelini e\u015fit a\u011f\u0131rl\u0131kla kulland\u0131\u011f\u0131n\u0131 belirtti. Analiz sonucunda Yap\u0131 Kredi’nin hedef piyasa de\u011ferini yakla\u015f\u0131k 374,2 milyar TL olarak hesaplayan kurum, hisse i\u00e7in hedef fiyat\u0131n\u0131 44,30 TL’ye revize etti.<\/p>\n

Raporda, mevcut 31,00 TL kapan\u0131\u015f fiyat\u0131na g\u00f6re yakla\u015f\u0131k y\u00fczde 42,9 y\u00fckseli\u015f potansiyeli bulundu\u011fu ifade edilerek, a\u015fa\u011f\u0131 y\u00f6nl\u00fc hedef fiyat revizyonuna ra\u011fmen “AL” tavsiyesinin korundu\u011fu kaydedildi.<\/p>\n

<\/strong>
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"

\u0130stanbul, 31 Temmuz (Hibya) \u2013 Alnus Yat\u0131r\u0131m, Yap\u0131 ve Kredi Bankas\u0131’n\u0131n (YKBNK) 2026 y\u0131l\u0131 ilk yar\u0131 finansal sonu\u00e7lar\u0131n\u0131 de\u011ferlendirdi\u011fi raporunda, hisse i\u00e7in hedef fiyat\u0131n\u0131 55,32 TL’den 44,30 TL’ye revize ederken, y\u00fckseli\u015f potansiyelinin devam etti\u011fini belirterek “AL” tavsiyesini korudu.<\/p>\n","protected":false},"author":1,"featured_media":124730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[4,1,10,9],"tags":[],"class_list":["post-124729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dunya","category-ekonomi","category-otomobil","category-manset"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/124729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/comments?post=124729"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/124729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/124730"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=124729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=124729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=124729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}