Türkiye Halk Bankasi Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Osman Arslan

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	7.8yrs
CEO ownership	n/a
Management average tenure	3.9yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO

Osman Arslan (53 yo)

7.8yrs

Tenure

Mr. Osman Arslan served as President of the Board at Halkbank a.d. Beograd since 2020 and serves as its President of Supervisory Board. Mr. Arslan had been Chairman of the Board at Halk Hayat Ve Emeklilik...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Osman Arslan	GM, CEO & Director	7.8yrs	no data	no data
Yusuf Ocak	Deputy General Manager of Financial Management and Planning	no data	no data	no data
Muharrem Baykara	Head of Investor Relations Department	1.2yrs	no data	no data
Samet Demirci	Head of Compliance Department	2.8yrs	no data	no data
Oner Kaya	Head of Legal Affairs Department	1.2yrs	no data	no data
Ahmet Pancaroglu	Head of Corporate Communications Department	4.2yrs	no data	no data
Fatih Sahbaz	Deputy General Manager of Human Resources and Support Services	3.7yrs	no data	no data
Olcay Dogan	Head of Internal Systems Group	no data	no data	no data
Ali Cebeci	Head of Inspection Board of Internal Auditors	no data	no data	no data
Osman Bektas	Head of Financial Accounting Department	6.2yrs	no data	no data
Ozgur Bozkurt	Head of Loan Management & Company and Project Analysis Department	no data	no data	no data
Olcay Atlioglu	Deputy General Manager of Information Technologies	7.7yrs	no data	no data

3.9yrs

Average Tenure

53yo

Average Age

Experienced Management: HALKB's management team is considered experienced (3.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Osman Arslan	GM, CEO & Director	7.8yrs	no data	no data
Mehmet Aydin	Member of Supervisory Board	1.6yrs	no data	no data
Faruk Ozcelik	Member of Supervisory Board	1.6yrs	no data	no data
Seref Aksac	Director	4yrs	no data	no data
Recep Ozdil	Independent Chairman of the Board	9.6yrs	no data	no data
Maksut Serim	Director	7.8yrs	no data	no data
Meltem Taylan Aydin	Director	7.8yrs	no data	no data
Sezai Ucarmak	Director	6.1yrs	no data	no data
Mevlut Uysal	Independent Vice Chairman Of Board	5.8yrs	no data	no data
Ebubekir Sahin	Director	4.8yrs	no data	no data
Mihrimah Sekmen	Independent Director	1.6yrs	no data	no data

5.8yrs

Average Tenure

58yo

Average Age

Experienced Board: HALKB's board of directors are considered experienced (5.8 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/13 15:40
End of Day Share Price	2025/03/13 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Türkiye Halk Bankasi A.S. is covered by 33 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Ata Invest
Cristina Marzea	Barclays
Cagdas Dogan	BNP Paribas Securities (Asia)

Türkiye Halk Bankasi Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Full year 2024 earnings released

Price target increased by 12% to ₺19.98

Price target increased by 7.3% to ₺18.20

Price target increased by 8.1% to ₺18.33

Third quarter 2024 earnings released: EPS: ₺0.48 (vs ₺0.57 in 3Q 2023)

Price target increased by 7.5% to ₺17.80

Second quarter 2024 earnings released

Price target increased by 7.2% to ₺15.59

Investor sentiment improves as stock rises 17%

Price target increased by 15% to ₺16.25

First quarter 2024 earnings released: EPS: ₺0.77 (vs ₺0.94 in 1Q 2023)

Investor sentiment improves as stock rises 15%

Price target increased by 8.1% to ₺13.74

Consensus EPS estimates fall by 28%

Price target increased by 8.3% to ₺13.61

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: ₺2.34 (vs ₺3.46 in FY 2022)

Investor sentiment improves as stock rises 19%

Consensus EPS estimates increase by 21%

Consensus EPS estimates fall by 54%

Third quarter 2023 earnings released

Price target increased by 14% to ₺12.04

New major risk - Revenue and earnings growth

Investor sentiment improves as stock rises 18%

Price target increased by 8.2% to ₺10.11

Price target increased by 8.0% to ₺9.68

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 18%

Investor sentiment deteriorates as stock falls 16%

Price target increased by 7.6% to ₺8.42

Consensus EPS estimates fall by 25%

Price target increased by 8.6% to ₺8.65

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improves as stock rises 31%

Price target increased by 7.5% to ₺7.97

Investor sentiment deteriorates as stock falls 15%

Investor sentiment improved over the past week

Kiler Gayrimenkul Yatirim Ortakligi A.S. (IBSE:KLGYO) acquired 146 Real Estate Property in Istanbul Sapphire Mall from Türkiye Halk Bankasi A.S. (IBSE:HALKB) for TRY 760 million.

Investor sentiment improved over the past week

Consensus forecasts updated

Price target increased to ₺6.58

Less than half of directors are independent

Consensus forecasts updated

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Price target increased to ₺5.43

Consensus forecasts updated

Consensus forecasts updated

Less than half of directors are independent

Now 22% undervalued

Consensus forecasts updated

Investor sentiment improved over the past week

Türkiye Halk Bankasi A.S. ADR to Be Deleted from Other OTC

Price target increased to ₺4.99

Investor sentiment deteriorated over the past week

Consensus forecasts updated

Third quarter 2021 earnings released: EPS ₺0.09 (vs ₺0.19 in 3Q 2020)

Consensus forecasts updated

Consensus revenue estimates fall to ₺14.2b

Price target decreased to ₺5.35

First quarter 2021 earnings released: EPS ₺0.029 (vs ₺0.85 in 1Q 2020)

Investor sentiment deteriorated over the past week

New 90-day high: ₺5.83

New 90-day high: ₺5.63

New 90-day high: ₺5.56

New 90-day low: ₺4.82

Halk Bankasi Board of Directors Decides to Sell and Transfer 16.6667% Shares in Turk P and I Sigorta to Turkiye Sigorta

New 90-day low - ₺4.91

Earnings released

New 90-day low - ₺5.03

CEO

Tenure