{"id":2299,"date":"2026-05-02T11:25:12","date_gmt":"2026-05-02T08:25:12","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=2299"},"modified":"2026-05-02T11:25:41","modified_gmt":"2026-05-02T08:25:41","slug":"brkvy-2026-03-faaliyet-raporu-analizi-birikim-varlk-ynetim","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/2299","title":{"rendered":"\ud83d\udd35 BRKVY 2026-03 Faaliyet Raporu Analizi | Birikim Varl\u0131k Y\u00f6netim"},"content":{"rendered":"<h1>B\u0130R\u0130K\u0130M VARLIK Y\u00d6NET\u0130M\u0130 A.\u015e. 2026 B\u0130R\u0130NC\u0130 \u00c7EYREK FAAL\u0130YET ANAL\u0130Z\u0130 VE STRATEJ\u0130K B\u0130LG\u0130LEND\u0130RME<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Birikim Varl\u0131k Y\u00f6netimi A.\u015e. (&#8220;\u015eirket&#8221;), 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde hem operasyonel b\u00fcy\u00fcme hem de finansal karl\u0131l\u0131k a\u00e7\u0131s\u0131ndan son derece g\u00fc\u00e7l\u00fc bir performans sergilemi\u015ftir. 31 Mart 2026 itibar\u0131yla sona eren d\u00f6nemde, \u015eirket&#8217;in d\u00f6nem net kar\u0131 bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re %75,7 artarak 137.762 bin TL olarak ger\u00e7ekle\u015fmi\u015ftir. Br\u00fct tahsilat hacmi %94,1&#8217;lik bir s\u0131\u00e7ramayla 439.827 bin TL\u2019ye ula\u015f\u0131rken, stratejik portf\u00f6y yat\u0131r\u0131mlar\u0131 h\u0131z kesmeden devam etmi\u015ftir. Akbank, Garanti ve Yap\u0131 Kredi gibi b\u00fcy\u00fck finansal kurulu\u015flardan al\u0131nan yeni portf\u00f6ylerle varl\u0131k hacmi geni\u015fletilmi\u015ftir. \u015eirket, y\u00fcksek kredi notu (TR A+), dura\u011fan g\u00f6r\u00fcn\u00fcm\u00fc ve %60 kar da\u011f\u0131t\u0131m hedefiyle piyasadaki konumunu peki\u015ftirmeyi s\u00fcrd\u00fcrmektedir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>1. Kurumsal Profil ve Faaliyet Temelleri<\/h2>\n<h3>1.1. Kurulu\u015f ve Yasal Stat\u00fc<\/h3>\n<ul>\n<li><b>Kurulu\u015f:<\/b> 3 Ekim 2016 tarihinde tescil edilmi\u015ftir.<\/li>\n<li><b>Faaliyet \u0130zni:<\/b> 5411 say\u0131l\u0131 Bankac\u0131l\u0131k Kanunu ve ilgili y\u00f6netmelikler \u00e7er\u00e7evesinde, BDDK&#8217;n\u0131n 8 Mart 2018 tarihli karar\u0131 ile al\u0131nm\u0131\u015ft\u0131r.<\/li>\n<li><b>Sermaye Yap\u0131s\u0131:<\/b> Tamam\u0131 \u00f6denmi\u015f 56.000 bin TL sermayeye sahiptir. Alt\u0131nhas Yat\u0131r\u0131m Holding A.\u015e. %74,68 pay ile hakim ortakt\u0131r; halka a\u00e7\u0131k k\u0131s\u0131m ise %24,31\u2019dir.<\/li>\n<li><b>Kay\u0131tl\u0131 Sermaye Tavan\u0131:<\/b> 2025-2029 y\u0131llar\u0131 i\u00e7in 5.000.000.000 TL (Be\u015f milyar T\u00fcrk Liras\u0131) olarak belirlenmi\u015ftir.<\/li>\n<\/ul>\n<h3>1.2. Temel Faaliyet Alanlar\u0131<\/h3>\n<p>\u015eirket, bankalar ve di\u011fer finansal kurulu\u015flar\u0131n tahsili gecikmi\u015f alacaklar\u0131n\u0131 (TGA) devralarak a\u015fa\u011f\u0131daki s\u00fcre\u00e7leri y\u00f6netmektedir:<\/p>\n<ul>\n<li>Alacaklar\u0131n sat\u0131n al\u0131nmas\u0131, bor\u00e7lulardan tahsili ve yeniden yap\u0131land\u0131r\u0131lmas\u0131.<\/li>\n<li>Alacak tahsili amac\u0131yla edinilen gayrimenkul ve haklar\u0131n i\u015fletilmesi.<\/li>\n<li>Bor\u00e7lulara ilave finansman sa\u011flanmas\u0131.<\/li>\n<li>Kurumsal ve finansal yeniden yap\u0131land\u0131rma dan\u0131\u015fmanl\u0131\u011f\u0131.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>2. Finansal Performans Analizi<\/h2>\n<p>2026 y\u0131l\u0131n\u0131n ilk \u00fc\u00e7 ay\u0131, \u015eirket&#8217;in verimlilik ve gelir yaratma kapasitesinde \u00f6nemli art\u0131\u015flara sahne olmu\u015ftur.<\/p>\n<h3>2.1. Temel Finansal G\u00f6stergeler (Bin TL)<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kalem<\/td>\n<td>31.03.2026<\/td>\n<td>31.12.2025<\/td>\n<td>De\u011fi\u015fim (%)<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Aktifler<\/b><\/td>\n<td>3.049.203<\/td>\n<td>2.729.776<\/td>\n<td>%11,7<\/td>\n<\/tr>\n<tr>\n<td><b>\u00d6zkaynaklar<\/b><\/td>\n<td>1.441.301<\/td>\n<td>1.300.774<\/td>\n<td>%10,8<\/td>\n<\/tr>\n<tr>\n<td><b>D\u00f6nem Net Kar\u0131<\/b><\/td>\n<td>137.762<\/td>\n<td>314.264 (Y\u0131ll\u0131k)<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><b>Hisse Ba\u015f\u0131na Kar (TL)<\/b><\/td>\n<td>2,46<\/td>\n<td>5,61 (Y\u0131ll\u0131k)<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>2.2. Gelir ve Karl\u0131l\u0131k Kar\u015f\u0131la\u015ft\u0131rmas\u0131 (Q1 2025 vs Q1 2026)<\/h3>\n<ul>\n<li><b>Br\u00fct Tahsilat:<\/b> 226.624 bin TL&#8217;den 439.827 bin TL&#8217;ye (%94,1 art\u0131\u015f).<\/li>\n<li><b>Faaliyet Br\u00fct Kar\u0131:<\/b> 254.785 bin TL&#8217;den 434.386 bin TL&#8217;ye (%70,5 art\u0131\u015f).<\/li>\n<li><b>Net Faaliyet Kar\u0131:<\/b> 112.993 bin TL&#8217;den 197.018 bin TL&#8217;ye y\u00fckselmi\u015ftir.<\/li>\n<li><b>Bor\u00e7\/\u00d6zkaynak Oran\u0131:<\/b> %69,11 seviyesinde dengeli bir yap\u0131 sergilemektedir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>3. Portf\u00f6y Yat\u0131r\u0131mlar\u0131 ve Operasyonel Geli\u015fmeler<\/h2>\n<p>\u015eirket, 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde bankalar\u0131n a\u00e7t\u0131\u011f\u0131 ihalelerde aktif bir rol \u00fcstlenerek portf\u00f6y\u00fcn\u00fc \u00e7e\u015fitlendirmi\u015ftir.<\/p>\n<h3>3.1. 2026 \u0130lk \u00c7eyrek Sat\u0131n Al\u0131mlar\u0131<\/h3>\n<ul>\n<li><b>Akbank T.A.\u015e.:<\/b> 305 milyon TL anapara b\u00fcy\u00fckl\u00fc\u011f\u00fcndeki perakende portf\u00f6y\u00fc devral\u0131nm\u0131\u015ft\u0131r.<\/li>\n<li><b>Garanti Bankas\u0131 A.\u015e.:<\/b> 718,2 milyon TL anapara b\u00fcy\u00fckl\u00fc\u011f\u00fcndeki bireysel portf\u00f6y ihaleleri kazan\u0131lm\u0131\u015ft\u0131r.<\/li>\n<li><b>Yap\u0131 ve Kredi Bankas\u0131 A.\u015e.:<\/b> 243,8 milyon TL bireysel ve 280,6 milyon TL KOB\u0130 karma nitelikli portf\u00f6y sat\u0131n al\u0131nm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<h3>3.2. Rapor Tarihi Sonras\u0131 Geli\u015fmeler<\/h3>\n<ul>\n<li><b>Denizbank A.\u015e.:<\/b> 10 Nisan 2026 tarihinde 200,8 milyon TL anaparaya sahip bireysel portf\u00f6y ihalesi kazan\u0131lm\u0131\u015ft\u0131r.<\/li>\n<li><b>ING Bank A.\u015e.:<\/b> 22 Nisan 2026 tarihinde 149 milyon TL anaparaya sahip t\u00fczel nitelikli portf\u00f6y\u00fcn devir s\u00fcreci tamamlanm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>4. Kurumsal Y\u00f6netim ve Risk Y\u00f6netimi<\/h2>\n<h3>4.1. Y\u00f6netim Yap\u0131s\u0131 ve Personel<\/h3>\n<p>\u015eirket, \u0130nan Alt\u0131nba\u015f ba\u015fkanl\u0131\u011f\u0131ndaki 6 \u00fcyeli bir Y\u00f6netim Kurulu taraf\u0131ndan y\u00f6netilmektedir. Kurulda iki ba\u011f\u0131ms\u0131z \u00fcye (\u0130lhan Ko\u00e7 ve Mahmut Onur Bi\u00e7er) g\u00f6rev yapmaktad\u0131r. 31 Mart 2026 itibar\u0131yla personel say\u0131s\u0131 139&#8217;dur.<\/p>\n<h3>4.2. Komiteler ve \u0130\u00e7 Denetim<\/h3>\n<ul>\n<li><b>Komiteler:<\/b> Denetimden Sorumlu Komite, Kurumsal Y\u00f6netim Komitesi ve Riskin Erken Saptanmas\u0131 Komitesi aktif olarak \u00e7al\u0131\u015fmaktad\u0131r.<\/li>\n<li><b>\u0130\u00e7 Kontrol:<\/b> \u0130\u00e7 Kontrol Birimi, mevzuat gere\u011fi Denetimden Sorumlu Komite\u2019ye ba\u011fl\u0131 olarak s\u00fcre\u00e7 bazl\u0131 denetimler ger\u00e7ekle\u015ftirmektedir.<\/li>\n<li><b>Teknoloji Yat\u0131r\u0131mlar\u0131:<\/b> \u015eirket, kendi geli\u015ftirdi\u011fi kurumsal kaynak planlama yaz\u0131l\u0131m\u0131 ve veri g\u00fcvenli\u011fi ara\u00e7lar\u0131yla operasyonel s\u00fcreklili\u011fi sa\u011flamaktad\u0131r.<\/li>\n<\/ul>\n<h3>4.3. Kredi Derecelendirme Notu<\/h3>\n<p><b>Turkrating<\/b> taraf\u0131ndan yap\u0131lan de\u011ferlendirme sonucunda \u015eirket&#8217;in notlar\u0131 \u015fu \u015fekilde teyit edilmi\u015ftir:<\/p>\n<ul>\n<li><b>Uzun Vadeli Ulusal Not:<\/b> TR A+<\/li>\n<li><b>K\u0131sa Vadeli Ulusal Not:<\/b> TR A1<\/li>\n<li><b>G\u00f6r\u00fcn\u00fcm:<\/b> Dura\u011fan<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>5. Gelecek Vizyonu ve Kar Da\u011f\u0131t\u0131m Politikas\u0131<\/h2>\n<h3>5.1. Stratejik Hedefler<\/h3>\n<p>\u015eirket, 2026 y\u0131l\u0131nda verimli ve kar odakl\u0131 b\u00fcy\u00fcme stratejisini s\u00fcrd\u00fcrmeyi planlamaktad\u0131r. Portf\u00f6y \u00e7e\u015fitlili\u011fi art\u0131r\u0131larak sekt\u00f6r pay\u0131n\u0131n y\u00fckseltilmesi ve yasal d\u00fczenlemeler \u00e7er\u00e7evesinde m\u00fc\u015fteri ihtiya\u00e7lar\u0131na y\u00f6nelik esnek stratejiler geli\u015ftirilmesi hedeflenmektedir.<\/p>\n<h3>5.2. Temett\u00fc \u00d6demesi (Kar Da\u011f\u0131t\u0131m\u0131)<\/h3>\n<p>Y\u00f6netim Kurulu\u2019nun 31 Mart 2026 tarihli karar\u0131 uyar\u0131nca:<\/p>\n<ul>\n<li><b>Da\u011f\u0131t\u0131labilir Kar Oran\u0131:<\/b> 2025 y\u0131l\u0131 net d\u00f6nem kar\u0131n\u0131n %60\u2019\u0131.<\/li>\n<li><b>Toplam Tutar:<\/b> 29.555 bin TL (Br\u00fct).<\/li>\n<li><b>\u00d6deme Onay\u0131:<\/b> 6 May\u0131s 2026 tarihinde yap\u0131lacak Ola\u011fan Genel Kurul&#8217;da pay sahiplerinin onay\u0131na sunulacakt\u0131r.<\/li>\n<li><b>Taahh\u00fct:<\/b> \u015eirket, halka arz sonras\u0131 5 y\u0131l boyunca net da\u011f\u0131t\u0131labilir kar\u0131n asgari %30\u2019unu nakit olarak da\u011f\u0131tmay\u0131 taahh\u00fct etmi\u015ftir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>6. \u00d6nemli Duyurular ve Takvim<\/h2>\n<ul>\n<li><b>2025 Y\u0131l\u0131 Ola\u011fan Genel Kurul Toplant\u0131s\u0131:<\/b> 6 May\u0131s 2026, saat 10:00 (Alt\u0131nba\u015f \u00dcniversitesi, Gayrettepe Kamp\u00fcs\u00fc).<\/li>\n<li><b>Ba\u011f\u0131ms\u0131z Denetim:<\/b> 2025 y\u0131l\u0131 faaliyetleri Art\u0131 De\u011fer Uluslararas\u0131 Ba\u011f\u0131ms\u0131z Denetim taraf\u0131ndan denetlenmi\u015f olup, 2026 y\u0131l\u0131 i\u00e7in yeni denetim kurulu\u015fu se\u00e7imi Genel Kurul&#8217;da karara ba\u011flanacakt\u0131r.<\/li>\n<li><b>BDDK \u0130ncelemesi:<\/b> BDDK G\u00f6zetim Daire Ba\u015fkanl\u0131\u011f\u0131 taraf\u0131ndan ba\u015flat\u0131lan rutin inceleme rapor tarihi itibar\u0131yla devam etmektedir.<\/li>\n<\/ul>\n<button class=\"simplefavorite-button\" data-postid=\"2299\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Birikim Varl\u0131k Y\u00f6netimi\u2019nden 2026\u2019ya G\u00fc\u00e7l\u00fc Ba\u015flang\u0131\u00e7: K\u00e2rda %75,7 Art\u0131\u015f ve Temett\u00fc M\u00fcjdesi!<br \/>\nBirikim Varl\u0131k Y\u00f6netimi, 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde operasyonel verimlili\u011fini ve finansal g\u00fcc\u00fcn\u00fc kan\u0131tlamaya devam ediyor. \u015eirket, net k\u00e2r\u0131n\u0131 ge\u00e7ti\u011fimiz y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re rekor bir art\u0131\u015fla 137,8 milyon TL\u2019ye ta\u015f\u0131rken, br\u00fct tahsilat oranlar\u0131n\u0131 da ikiye katlad\u0131. Yat\u0131r\u0131mc\u0131lar\u0131n\u0131 oda\u011f\u0131na alan y\u00f6netim anlay\u0131\u015f\u0131yla 2025 y\u0131l\u0131 k\u00e2r\u0131ndan %60 oran\u0131nda temett\u00fc da\u011f\u0131tmaya haz\u0131rlanan Birikim Varl\u0131k, yeni portf\u00f6y al\u0131mlar\u0131yla sekt\u00f6rdeki pazar pay\u0131n\u0131 b\u00fcy\u00fctmeyi s\u00fcrd\u00fcr\u00fcyor. \u015eirketin finansal b\u00fcy\u00fcme stratejileri, kredi notu de\u011ferlendirmeleri ve gelecek hedeflerine dair t\u00fcm detaylar analizimizde.<\/p>\n","protected":false},"author":4,"featured_media":1297,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[251],"tags":[327],"class_list":["post-2299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-faaliyetraporuanalizi","tag-brkvy"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=2299"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2299\/revisions"}],"predecessor-version":[{"id":2300,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2299\/revisions\/2300"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/1297"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=2299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=2299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=2299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}