Halkbank stock faces a USD 1.7 billion share sale

Published on 10/08/2026 at 02:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Halkbank stock was last at TRY 44.50 on October 7 after a 1.64 percent decline. First-half net profit rose 40.1 percent to TRY 17.7 billion.

Halkbank, TRETHAL00019, Illustration mit AI erstellt.

Halkbank (ISIN TRETHAL00019) was last at TRY 44.50 on Borsa Istanbul on October 7, 2026, down 1.64 percent from TRY 45.24. The bank is advancing a secondary share sale that could raise USD 1.7 billion, according to Qatar Tribune on October 6, 2026.

Share sale draws investor interest

Halkbank General Manager Süleyman Özdil told Reuters that the bank had met nearly 60 investors in Abu Dhabi, Dubai, London and New York. The report said the offering would proceed at the earliest opportunity, subject to market conditions, while an exact launch date and transaction size had not been provided.

The planned transaction would increase nominal capital by TRY 1.8 billion to TRY 9 billion, according to Qatar Tribune. For investors, the offering links the stock story to capital adequacy and future access to international funding rather than to a dated earnings release alone.

First-half profit rises 40.1 percent

Halkbank's first-half 2026 net profit rose 40.1 percent year over year to TRY 17.7 billion, while cumulative return on equity reached 15.8 percent and the net interest margin stood at 3.4 percent, Para Ajans? reported on September 12, 2026. The same report cited a 13.2 percent capital adequacy ratio at June 2026, making the planned capital increase a direct counterweight to balance-sheet pressure.

Fourteen brokers set TRY 50.51 target

Consensus data published by Yat?r?mc? AI on September 16, 2026, showed 14 brokers with four Buy, eight Hold and two Sell ratings. The average target was TRY 50.51, the median was TRY 49.50, and the high and low targets were TRY 100.00 and TRY 32.50. The average target stood 13.51 percent above the October 7 price, giving the offering and capital-ratio outlook a measurable valuation test.

Halkbank stock stays below TRY 45

Halkbank stock was last at TRY 44.50 on October 7, 2026, with a daily range of TRY 44.46 to TRY 45.44 and volume of TRY 637 million. Its market capitalization was TRY 319.7 billion on the same date.