{"id":2363,"date":"2026-05-02T14:31:31","date_gmt":"2026-05-02T11:31:31","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=2363"},"modified":"2026-05-02T14:31:49","modified_gmt":"2026-05-02T11:31:49","slug":"enpra-2026-03-bilano-analizi-enpara-bank","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/2363","title":{"rendered":"\ud83d\udd34 ENPRA 2026-03 Bilan\u00e7o Analizi | Enpara Bank"},"content":{"rendered":"<h1>Enpara Bank 31 Mart 2026 Tarihli Finansal Rapor Analizi ve Brifing Belgesi<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu belge, Enpara Bank Anonim \u015eirketi&#8217;nin (&#8220;Banka&#8221;) 31 Mart 2026 tarihi itibar\u0131yla haz\u0131rlanan konsolide olmayan finansal tablolar\u0131n\u0131, s\u0131n\u0131rl\u0131 denetim raporunu ve ara d\u00f6nem faaliyet raporunu analiz etmektedir. Banka, QNB Bank A.\u015e. b\u00fcnyesindeki &#8220;Enpara.com&#8221; hizmetlerinin k\u0131smi b\u00f6l\u00fcnme yoluyla devredilmesiyle ba\u011f\u0131ms\u0131z bir t\u00fczel ki\u015filik kazanm\u0131\u015f ve 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde g\u00fc\u00e7l\u00fc bir b\u00fcy\u00fcme performans\u0131 sergilemi\u015ftir.<\/p>\n<p><b>Kritik Bulgular:<\/b><\/p>\n<ul>\n<li><b>Net D\u00f6nem K\u00e2r\u0131:<\/b> Banka, 2026 y\u0131l\u0131n\u0131n ilk \u00fc\u00e7 ay\u0131nda <b>1.921.100 Bin TL<\/b> net k\u00e2r elde etmi\u015ftir.<\/li>\n<li><b>Borsa \u0130stanbul \u0130\u015flemleri:<\/b> Banka paylar\u0131, 7 Nisan 2026 tarihinden itibaren &#8220;ENPRA&#8221; koduyla Piyasa \u00d6ncesi \u0130\u015flem Platformu&#8217;nda (P\u00d6\u0130P) i\u015flem g\u00f6rmeye ba\u015flam\u0131\u015ft\u0131r.<\/li>\n<li><b>Denet\u00e7i G\u00f6r\u00fc\u015f\u00fc:<\/b> G\u00fcney Ba\u011f\u0131ms\u0131z Denetim (EY), 2025 y\u0131l\u0131ndaki b\u00f6l\u00fcnme s\u00fcrecinde QNB Bank&#8217;tan aktar\u0131lan <b>2.500.000 Bin TL<\/b> tutar\u0131ndaki serbest kar\u015f\u0131l\u0131\u011f\u0131n iptal edilerek gelir kaydedilmesi nedeniyle &#8220;S\u0131n\u0131rl\u0131 Olumlu&#8221; (\u015fartl\u0131) g\u00f6r\u00fc\u015f bildirmi\u015ftir.<\/li>\n<li><b>Sermaye Yeterlili\u011fi:<\/b> Bankan\u0131n sermaye yeterlili\u011fi standart oran\u0131 <b>%15,45<\/b> olarak ger\u00e7ekle\u015fmi\u015ftir (31 Aral\u0131k 2025: %16,83).<\/li>\n<\/ul>\n<h2>1. Kurumsal Yap\u0131 ve Stratejik Geli\u015fim<\/h2>\n<h3>Kurulu\u015f ve B\u00f6l\u00fcnme S\u00fcreci<\/h3>\n<p>Enpara Bank, BDDK&#8217;n\u0131n 3 A\u011fustos 2023 tarihli karar\u0131yla kurulu\u015f izni alm\u0131\u015f ve 30 Aral\u0131k 2024 tarihinde fiilen faaliyete ge\u00e7mi\u015ftir. Bankan\u0131n temelini, QNB Bank A.\u015e. b\u00fcnyesinde faaliyet g\u00f6steren Enpara.com hizmet i\u015fletmesinin 27 A\u011fustos 2025 tarihinde tamamlanan k\u0131smi b\u00f6l\u00fcnme s\u00fcreci olu\u015fturmaktad\u0131r.<\/p>\n<ul>\n<li><b>Varl\u0131k Devri:<\/b> B\u00f6l\u00fcnme kapsam\u0131nda QNB Bank&#8217;tan toplam <b>194.634.554 Bin TL<\/b> tutar\u0131nda varl\u0131k bedelsiz olarak devral\u0131nm\u0131\u015ft\u0131r.<\/li>\n<li><b>M\u00fc\u015fteri Kabul\u00fc:<\/b> Ba\u011f\u0131ms\u0131z bir banka olarak ilk m\u00fc\u015fteri kabul\u00fc 13 \u015eubat 2025 tarihinde ger\u00e7ekle\u015ftirilmi\u015ftir.<\/li>\n<li><b>Hizmet Modeli:<\/b> Bankan\u0131n 31 Mart 2026 itibar\u0131yla fiziksel bir \u015fubesi bulunmamaktad\u0131r; hizmetler tamamen dijital kanallar \u00fczerinden sunulmaktad\u0131r.<\/li>\n<\/ul>\n<h3>Ortakl\u0131k Yap\u0131s\u0131<\/h3>\n<p>Banka, Qatar National Bank (QNB) grubunun bir par\u00e7as\u0131d\u0131r. 31 Mart 2026 itibar\u0131yla sermaye da\u011f\u0131l\u0131m\u0131 \u015fu \u015fekildedir:<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Ortak \u00dcnvan\u0131<\/td>\n<td>Pay Oran\u0131 (%)<\/td>\n<td>Pay Tutar\u0131 (Bin TL)<\/td>\n<\/tr>\n<tr>\n<td>Qatar National Bank Q.P.S.C.<\/td>\n<td>99,88<\/td>\n<td>12.459.993<\/td>\n<\/tr>\n<tr>\n<td>Halka A\u00e7\u0131k K\u0131s\u0131m (ENPRA)<\/td>\n<td>0,12<\/td>\n<td>15.297<\/td>\n<\/tr>\n<tr>\n<td>Di\u011fer QNB \u0130\u015ftirakleri<\/td>\n<td>0,00<\/td>\n<td>&lt; 1<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam<\/b><\/td>\n<td><b>100,00<\/b><\/td>\n<td><b>12.475.290<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>2. Finansal Performans Analizi<\/h2>\n<h3>Bilan\u00e7o Geli\u015fimi<\/h3>\n<p>Bankan\u0131n aktif toplam\u0131 2025 y\u0131l sonuna g\u00f6re %13,7 oran\u0131nda artarak <b>284.348.069 Bin TL<\/b> seviyesine ula\u015fm\u0131\u015ft\u0131r.<\/p>\n<p><b>Aktif Kalemler (\u00d6zet):<\/b><\/p>\n<ul>\n<li><b>Krediler:<\/b> 163.812.310 Bin TL (Aktiflerin %57,6&#8217;s\u0131).<\/li>\n<li><b>Nakit De\u011ferler ve Merkez Bankas\u0131:<\/b> 85.513.912 Bin TL.<\/li>\n<li><b>Finansal Varl\u0131klar (Net):<\/b> 106.668.720 Bin TL.<\/li>\n<\/ul>\n<p><b>Pasif Kalemler (\u00d6zet):<\/b><\/p>\n<ul>\n<li><b>Mevduat:<\/b> 223.762.771 Bin TL (Pasiflerin %78,7&#8217;si).<\/li>\n<li><b>\u00d6zkaynaklar:<\/b> 20.572.406 Bin TL.<\/li>\n<li><b>Para Piyasalar\u0131na Bor\u00e7lar:<\/b> 20.021.918 Bin TL.<\/li>\n<\/ul>\n<h3>K\u00e2r veya Zarar Tablosu \u0130ncelemesi<\/h3>\n<p>Banka, operasyonel verimlili\u011fini gelir kalemlerine yans\u0131tm\u0131\u015ft\u0131r. 2026 ilk \u00e7eyrek sonu\u00e7lar\u0131, bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemiyle (hen\u00fcz tam faaliyete ge\u00e7ilmedi\u011fi d\u00f6nem) k\u0131yasland\u0131\u011f\u0131nda devasa bir art\u0131\u015f g\u00f6stermektedir.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Gelir\/Gider Kalemi<\/td>\n<td>01.01 &#8211; 31.03.2026 (Bin TL)<\/td>\n<\/tr>\n<tr>\n<td>Faiz Gelirleri<\/td>\n<td>17.036.957<\/td>\n<\/tr>\n<tr>\n<td>Faiz Giderleri (-)<\/td>\n<td>(11.726.606)<\/td>\n<\/tr>\n<tr>\n<td><b>Net Faiz Geliri<\/b><\/td>\n<td><b>5.310.351<\/b><\/td>\n<\/tr>\n<tr>\n<td>Net \u00dccret ve Komisyon Gelirleri<\/td>\n<td>2.490.378<\/td>\n<\/tr>\n<tr>\n<td>Ticari Zarar (Net)<\/td>\n<td>(611.413)<\/td>\n<\/tr>\n<tr>\n<td>Beklenen Zarar Kar\u015f\u0131l\u0131klar\u0131 (-)<\/td>\n<td>(1.679.421)<\/td>\n<\/tr>\n<tr>\n<td>Personel Giderleri (-)<\/td>\n<td>(910.352)<\/td>\n<\/tr>\n<tr>\n<td><b>Vergi \u00d6ncesi K\u00e2r<\/b><\/td>\n<td><b>2.709.637<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>D\u00f6nem Net K\u00e2r\u0131<\/b><\/td>\n<td><b>1.921.100<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>3. Ba\u011f\u0131ms\u0131z Denetim ve Mevzuata Uyum<\/h2>\n<h3>S\u0131n\u0131rl\u0131 Olumlu Sonucun Dayana\u011f\u0131<\/h3>\n<p>G\u00fcney Ba\u011f\u0131ms\u0131z Denetim (EY), bankan\u0131n finansal tablolar\u0131na &#8220;S\u0131n\u0131rl\u0131 Olumlu&#8221; g\u00f6r\u00fc\u015f vermi\u015ftir. Bu \u015fartl\u0131 g\u00f6r\u00fc\u015f\u00fcn nedeni \u015fudur: 27 A\u011fustos 2025 tarihindeki b\u00f6l\u00fcnme s\u0131ras\u0131nda QNB Bank&#8217;tan devredilen <b>2.500.000 Bin TL<\/b> tutar\u0131ndaki serbest kar\u015f\u0131l\u0131k, TMS 37 kriterlerini kar\u015f\u0131lamad\u0131\u011f\u0131 gerek\u00e7esiyle 2025 y\u0131l\u0131nda iptal edilerek gelir yaz\u0131lm\u0131\u015ft\u0131r. Denet\u00e7i, bu i\u015flemin 31 Aral\u0131k 2025 tarihli bilan\u00e7odaki &#8220;K\u00e2r veya Zarar&#8221; hesab\u0131 \u00fczerindeki etkisi nedeniyle cari d\u00f6nem kar\u015f\u0131la\u015ft\u0131rmal\u0131 verilerinde s\u0131n\u0131rl\u0131 olumlu sonu\u00e7 bildirmi\u015ftir.<\/p>\n<h3>Sermaye ve Risk Y\u00f6netimi<\/h3>\n<ul>\n<li><b>Sermaye Yeterlili\u011fi:<\/b> Bankan\u0131n SYO oran\u0131 %15,45&#8217;tir. Bu oran yasal s\u0131n\u0131rlar\u0131n \u00fczerindedir ancak Aral\u0131k 2025&#8217;teki %16,83 seviyesinden bir miktar gerilemi\u015ftir.<\/li>\n<li><b>Enflasyon Muhasebesi (TMS 29):<\/b> BDDK&#8217;n\u0131n 18 Aral\u0131k 2025 tarihli karar\u0131 uyar\u0131nca, bankalar 2026 y\u0131l\u0131nda da enflasyon muhasebesi uygulamas\u0131na tabi tutulmam\u0131\u015ft\u0131r. Bu nedenle finansal tablolar d\u00fczeltilmemi\u015f tarihi maliyetler \u00fczerinden sunulmu\u015ftur.<\/li>\n<li><b>Personel Say\u0131s\u0131:<\/b> 31 Mart 2026 itibar\u0131yla bankada \u00e7al\u0131\u015fan personel say\u0131s\u0131 <b>1.415<\/b>&#8216;tir (2025 sonu: 1.402).<\/li>\n<\/ul>\n<h2>4. Faaliyet Alanlar\u0131 ve B\u00f6l\u00fcmleme Raporlamas\u0131<\/h2>\n<p>Banka faaliyetlerini \u00fc\u00e7 ana segmentte raporlamaktad\u0131r:<\/p>\n<ol>\n<li><b>Bireysel Bankac\u0131l\u0131k:<\/b> Toplam faaliyet br\u00fct k\u00e2r\u0131n\u0131n en b\u00fcy\u00fck payda\u015f\u0131d\u0131r (<b>6.405.928 Bin TL<\/b>). Krediler ve kredi kartlar\u0131 bu b\u00f6l\u00fcm\u00fcn ana odak noktas\u0131d\u0131r.<\/li>\n<li><b>Kurumsal ve Ticari Bankac\u0131l\u0131k:<\/b> 624.352 Bin TL br\u00fct k\u00e2r \u00fcretmi\u015ftir.<\/li>\n<li><b>Hazine ve Genel M\u00fcd\u00fcrl\u00fck:<\/b> 208.359 Bin TL br\u00fct k\u00e2r elde edilmi\u015ftir.<\/li>\n<\/ol>\n<h2>5. \u00d6nemli Olaylar ve Gelecek Projeksiyonu<\/h2>\n<ul>\n<li><b>Temett\u00fc Karar\u0131:<\/b> 25 Mart 2026 tarihli Ola\u011fan Genel Kurul toplant\u0131s\u0131nda, 2025 y\u0131l\u0131 k\u00e2r\u0131n\u0131n da\u011f\u0131t\u0131lmamas\u0131na, bunun yerine yasal ve ola\u011fan\u00fcst\u00fc yedek ak\u00e7elere aktar\u0131lmas\u0131na karar verilmi\u015ftir.<\/li>\n<li><b>Borsa Kotasyonu:<\/b> 7 Nisan 2026 itibar\u0131yla P\u00d6\u0130P&#8217;te i\u015flem g\u00f6rmeye ba\u015flayan banka, sermayesinin %3&#8217;\u00fcn\u00fc temsil eden 374.258.700,12 adet pay\u0131 borsada i\u015flem g\u00f6rebilir nitelikte MKK nezdinde kaydile\u015ftirmi\u015ftir.<\/li>\n<li><b>Risk Y\u00f6netimi:<\/b> Banka, d\u00f6viz pozisyonunu swap i\u015flemleriyle y\u00f6netmekte ve yabanc\u0131 para likiditeyi TL kredileri fonlamak i\u00e7in kullanmaktad\u0131r. 31 Mart 2026 itibar\u0131yla net bilan\u00e7o d\u00f6viz pozisyonu, y\u00fcksek Avro varl\u0131klar\u0131 ve di\u011fer para birimlerindeki y\u00fck\u00fcml\u00fcl\u00fckler nedeniyle dengelenmi\u015ftir.<\/li>\n<\/ul>\n<button class=\"simplefavorite-button\" data-postid=\"2363\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Enpara Bank, 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde finansal performans\u0131yla dijital bankac\u0131l\u0131kta yeni bir d\u00f6nemin kap\u0131lar\u0131n\u0131 aral\u0131yor. Net k\u00e2r\u0131n\u0131 bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re rekor bir art\u0131\u015fla 1,9 milyar TL&#8217;nin \u00fczerine ta\u015f\u0131yan banka, toplam aktif b\u00fcy\u00fckl\u00fc\u011f\u00fcn\u00fc de 284 milyar TL seviyesine \u00e7\u0131kard\u0131. \u015eubesiz hizmet modeliyle 9 milyon m\u00fc\u015fteriye ula\u015fan Enpara&#8217;n\u0131n borsa yolculu\u011fu ve Avrupa hedefli vizyonuna dair en g\u00fcncel veriler analizimizde.<\/p>\n","protected":false},"author":9,"featured_media":1725,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[335],"class_list":["post-2363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-enpra"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2363","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=2363"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2363\/revisions"}],"predecessor-version":[{"id":2364,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2363\/revisions\/2364"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/1725"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=2363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=2363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=2363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}