Garanti BBVA stock faces a key Q3 results date

Published on 10/04/2026 at 10:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Garanti BBVA stock was last quoted at TRY 125.90 on October 2, 2026, after first-half net income rose 20 percent. Analysts set a TRY 179.87 average target.

Garanti BBVA, TRAGARAN91N1, Illustration mit AI erstellt.

Garanti BBVA stock (ISIN TRAGARAN91N1) was last quoted at TRY 125.90 on Borsa Istanbul on October 2, 2026, at 6:09 p.m. Istanbul time, down 0.24 percent from TRY 126.20. The next major checkpoint is the bank's third-quarter results release on October 28, 2026, listed on the Garanti BBVA investor-relations page.

First-half earnings set the base

Garanti BBVA generated TRY 64 billion in net income during the first six months of 2026, a 20 percent increase from the same period a year earlier. The figure came with a 28 percent return on equity, according to the Yahoo Finance earnings transcript.

The revenue mix supplied an important counterweight to funding pressure. Core banking revenues grew 43 percent year over year, while the fee base rose 39 percent year over year and 12 percent quarter over quarter in the second quarter of 2026, the transcript shows. Quarterly net income nevertheless declined by a single-digit percentage as trading income weakened and provisions increased.

Analysts see a higher value

A 16-analyst consensus published by MarketScreener rated Garanti BBVA Buy and put the average target at TRY 179.87, with a low of TRY 143.00 and a high of TRY 211.30. The average target lies 42.9 percent above the TRY 125.90 reference price.

The operating risk is concentrated in margins and credit costs. Management said the second-quarter net interest income declined 5 percent quarter over quarter, while full-year cost of risk was expected toward the upper end of a 2 percent to 2.5 percent guidance range, according to the Yahoo Finance transcript. That combination makes the October results important for testing whether fee growth can offset funding and provisioning pressure.

GARAN trades below its yearly high

GARAN's October 2 reference price stood between the session low of TRY 125.30 and high of TRY 126.90, with volume of 19,100,621 shares. The 52-week range was TRY 115.40 to TRY 169.70, leaving the stock 25.8 percent below its yearly high.