{"id":53,"date":"2026-01-17T20:52:27","date_gmt":"2026-01-17T17:52:27","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketriskustr\/?p=53"},"modified":"2026-01-29T01:31:35","modified_gmt":"2026-01-28T22:31:35","slug":"%f0%9f%94%b4%f0%9f%87%b9%f0%9f%87%b7-bac-bilanco-analizi-2025-12-bank-of-america-corporation","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketriskustr\/53","title":{"rendered":"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 BAC Bilan\u00e7o Analizi 2025\/12 | Bank of America Corporation"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 BAC Bilan\u00e7o Analizi 2025\/12 | Bank of America Corporation\" width=\"858\" height=\"483\" src=\"https:\/\/www.youtube.com\/embed\/mOg89t6O3bs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h1>2 Trilyon Dolarl\u0131k Baraj ve Dijitalin G\u00fcc\u00fc: Bank of America\u2019n\u0131n 2025 Y\u0131l\u0131ndan \u00c7\u0131kar\u0131lacak 5 \u00d6nemli Ders<\/h1>\n<h3>1. Giri\u015f: Belirsizlik \u00c7a\u011f\u0131nda Bir \u0130stikrar Kalesi<\/h3>\n<p>K\u00fcresel piyasalar\u0131n makroekonomik dalgalanmalar, de\u011fi\u015fken faiz ortam\u0131 ve jeopolitik belirsizliklerle test edildi\u011fi bir d\u00f6nemde, finansal devlerin bu s\u00fcre\u00e7ten nas\u0131l \u00e7\u0131kt\u0131\u011f\u0131 stratejik bir \u00f6nem ta\u015f\u0131r. Bank of America\u2019n\u0131n (BofA) 14 Ocak 2026&#8217;da payla\u015ft\u0131\u011f\u0131 2025 y\u0131l\u0131 d\u00f6rd\u00fcnc\u00fc \u00e7eyrek ve tam y\u0131l sonu\u00e7lar\u0131, sadece bir bilan\u00e7o \u00f6zeti de\u011fil; ayn\u0131 zamanda bir operasyonel diren\u00e7 ve teknolojik d\u00f6n\u00fc\u015f\u00fcm manifestosu niteli\u011findedir. 2025 y\u0131l\u0131n\u0131 30,5 milyar dolarl\u0131k net k\u00e2r ve hisse ba\u015f\u0131 kazan\u00e7ta (EPS) bir \u00f6nceki y\u0131la g\u00f6re %19 art\u0131\u015fla kapatan bankan\u0131n performans\u0131, geleneksel bankac\u0131l\u0131\u011f\u0131n \u00f6l\u00e7ek ve teknolojiyle nas\u0131l yeniden tan\u0131mland\u0131\u011f\u0131n\u0131 g\u00f6stermektedir.<\/p>\n<h3>2. 2 Trilyon Dolarl\u0131k Likidite Kalesi: Mevduat Y\u00f6netimi ve NII Dinami\u011fi<\/h3>\n<p>Bank of America, mevduat taraf\u0131nda psikolojik ve stratejik bir s\u0131n\u0131r\u0131 a\u015farak r\u00fc\u015ft\u00fcn\u00fc ispatlad\u0131. 2025 d\u00f6rd\u00fcnc\u00fc \u00e7eyre\u011fi itibar\u0131yla bankan\u0131n <b>ortalama mevduat bakiyesi<\/b> 2,013 trilyon dolara ula\u015farak \u00fcst \u00fcste 10. \u00e7eyrekte de art\u0131\u015f serisini s\u00fcrd\u00fcrd\u00fc. D\u00f6nem sonu (ending) mevduatlar ise 2,018 trilyon dolar ile bu g\u00fcc\u00fc peki\u015ftirdi.<\/p>\n<p>CFO Alastair Borthwick, bu devasa bilan\u00e7onun y\u00f6netimini \u015fu s\u00f6zlerle de\u011ferlendiriyor:<\/p>\n<p>&#8220;2025 y\u0131l\u0131nda d\u00f6nem sonu mevduatlar\u0131m\u0131z 2 trilyon dolar\u0131 a\u015ft\u0131. Organik b\u00fcy\u00fcmemizi s\u00fcrd\u00fcr\u00fcrken; sabit getirili varl\u0131klar\u0131n yeniden fiyatland\u0131r\u0131lmas\u0131 (fixed-rate asset repricing) ve disiplinli gider y\u00f6netimi sayesinde bilan\u00e7omuzu verimli bir \u015fekilde y\u00f6nettik.&#8221;<\/p>\n<p>Bu mevduat taban\u0131, bankan\u0131n net faiz gelirlerini (NII) bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re %10 art\u0131rarak 15,8 milyar dolara ta\u015f\u0131mas\u0131nda ana yak\u0131t g\u00f6revi g\u00f6rd\u00fc. Analistler i\u00e7in buradaki kritik i\u00e7g\u00f6r\u00fc, bankan\u0131n faiz oranlar\u0131ndaki d\u00fc\u015f\u00fc\u015f etkisini, varl\u0131klar\u0131n yeniden fiyatland\u0131r\u0131lmas\u0131 ve artan kredi\/mevduat hacmiyle nas\u0131l dengeledi\u011fidir.<\/p>\n<h3>3. Pozitif Operasyonel Kald\u0131ra\u00e7: 4,3 Milyar Dijital Etkile\u015fim ve Verimlilik<\/h3>\n<p>BofA&#8217;n\u0131n dijitalle\u015fme stratejisi art\u0131k sadece bir m\u00fc\u015fteri deneyimi unsuru de\u011fil, bankan\u0131n k\u00e2rl\u0131l\u0131k motorunun en somut par\u00e7as\u0131d\u0131r. T\u00fcketici bankac\u0131l\u0131\u011f\u0131nda dijital giri\u015f (login) say\u0131s\u0131 4,3 milyara ula\u015f\u0131rken, bu devasa trafik operasyonel verimlili\u011fe do\u011frudan yans\u0131m\u0131\u015ft\u0131r.<\/p>\n<ul>\n<li><b>Dijital Sat\u0131\u015f Hakimiyeti:<\/b> Toplam sat\u0131\u015flar\u0131n %69&#8217;unun dijital kanallardan yap\u0131lmas\u0131, \u015fube yo\u011funlu\u011funu optimize ederek maliyet taban\u0131n\u0131 a\u015fa\u011f\u0131 \u00e7ekmektedir.<\/li>\n<li><b>Verimlilik Oran\u0131 (Efficiency Ratio):<\/b> Dijitalle\u015fmenin en net \u00e7\u0131kt\u0131s\u0131, verimlilik oran\u0131nda g\u00f6r\u00fclen <b>194 baz puanl\u0131k iyile\u015fme ile bu oran\u0131n %61\u2019e gerilemesidir.<\/b><\/li>\n<\/ul>\n<p>CEO Brian Moynihan, teknoloji ve insan kayna\u011f\u0131 aras\u0131ndaki bu dengeyi \u015fu \u015fekilde vurguluyor:<\/p>\n<p>&#8220;Ekip arkada\u015flar\u0131m\u0131za (teammates) bu y\u0131lki s\u0131k\u0131 \u00e7al\u0131\u015fmalar\u0131 i\u00e7in te\u015fekk\u00fcr ediyorum. Onlar\u0131n \u00f6zverisi ve ekonominin b\u00fcy\u00fcme pozisyonuyla, 2026 ve sonras\u0131nda bu ivmeyi s\u00fcrd\u00fcrme becerimize g\u00fcveniyoruz.&#8221;<\/p>\n<h3>4. Sermaye Disiplini ve Hissedar De\u011feri Maksimizasyonu<\/h3>\n<p>Bank of America, 2025 y\u0131l\u0131nda k\u00e2r \u00fcretme kapasitesini hissedarlar\u0131yla payla\u015fma konusunda olduk\u00e7a agresif bir tutum sergiledi. Banka, 2024 y\u0131l\u0131na oranla hissedarlar\u0131na %41 daha fazla sermaye d\u00f6nd\u00fcrerek sermaye disiplini konusundaki kararl\u0131l\u0131\u011f\u0131n\u0131 kan\u0131tlad\u0131. Sadece d\u00f6rd\u00fcnc\u00fc \u00e7eyrekte hissedarlara d\u00f6nen 8,4 milyar dolar\u0131n da\u011f\u0131l\u0131m\u0131 \u015fu \u015fekildedir:<\/p>\n<ul>\n<li><b>Hisse Geri Al\u0131mlar\u0131:<\/b> 6,3 milyar dolar.<\/li>\n<li><b>Adi Hisse Temett\u00fcleri:<\/b> 2,1 milyar dolar.<\/li>\n<\/ul>\n<p>Bu tablo, bankan\u0131n %11,4\u2019l\u00fck (Standardized) g\u00fc\u00e7l\u00fc CET1 rasyosu ile birle\u015fti\u011finde, yat\u0131r\u0131mc\u0131lar i\u00e7in &#8220;g\u00fcvenli liman ve s\u00fcrd\u00fcr\u00fclebilir b\u00fcy\u00fcme&#8221; sinyali ta\u015f\u0131maktad\u0131r.<\/p>\n<h3>5. Global Markets: 15 \u00c7eyreklik Kusursuz B\u00fcy\u00fcme Serisi<\/h3>\n<p>BofA&#8217;n\u0131n k\u00fcresel bir yat\u0131r\u0131m devi olma stratejisi, Global Markets segmentinde meyvelerini vermeye devam ediyor. Bu birim, \u00fcst \u00fcste 15 \u00e7eyrektir y\u0131ldan y\u0131la b\u00fcy\u00fcme kaydederek tarihsel bir s\u00fcreklilik yakalad\u0131. Sat\u0131\u015f ve i\u015flem gelirleri %10 artarak 4,5 milyar dolara y\u00fckselirken, performans\u0131n detaylar\u0131 dikkat \u00e7ekicidir:<\/p>\n<ul>\n<li><b>Hisse Senedi (Equities) Gelirleri:<\/b> M\u00fc\u015fteri aktivitesindeki art\u0131\u015f\u0131n etkisiyle %23 gibi dramatik bir s\u0131\u00e7rama yaparak 2 milyar dolara ula\u015ft\u0131.<\/li>\n<li><b>FICC (Sabit Getiri, D\u00f6viz ve Emtia):<\/b> Makro \u00fcr\u00fcnlerdeki performans\u0131n etkisiyle %2 art\u0131\u015fla 2,5 milyar dolar seviyesinde ger\u00e7ekle\u015fti.<\/li>\n<\/ul>\n<p>Bu veriler, bankan\u0131n sadece bir mevduat kurumu de\u011fil, piyasa volatilitesini k\u00e2ra d\u00f6n\u00fc\u015ft\u00fcrebilen geli\u015fmi\u015f bir yat\u0131r\u0131m bankac\u0131l\u0131\u011f\u0131 makinesi oldu\u011funu teyit etmektedir.<\/p>\n<h3>6. &#8220;Birincil&#8221; \u0130li\u015fkinin G\u00fcc\u00fc ve 2026 Makro Projeksiyonu<\/h3>\n<p>M\u00fc\u015fteri sadakati, BofA\u2019n\u0131n mevduat dayan\u0131kl\u0131l\u0131\u011f\u0131n\u0131n temel dire\u011fidir. T\u00fcketici \u00e7ek hesaplar\u0131n\u0131n %92&#8217;sinin m\u00fc\u015fterinin &#8220;birincil&#8221; hesab\u0131 olmas\u0131, bankay\u0131 likidite krizlerine kar\u015f\u0131 koruyan en b\u00fcy\u00fck kalkand\u0131r. 2025 y\u0131l\u0131nda net 680.000 yeni \u00e7ek hesab\u0131 a\u00e7\u0131lmas\u0131, bu ekosistemin b\u00fcy\u00fcme potansiyelini korudu\u011funu g\u00f6stermektedir.<\/p>\n<p>Brian Moynihan, ABD ekonomisine dair iyimserli\u011fini sadece verilere de\u011fil, netle\u015fen makro politikaya da dayand\u0131r\u0131yor:<\/p>\n<p>&#8220;T\u00fcketicilerin ve i\u015fletmelerin diren\u00e7li oldu\u011fu kan\u0131tlanm\u0131\u015fken, d\u00fczenleyici ortam\u0131n ve vergi\/ticaret politikalar\u0131n\u0131n daha net bir \u00e7er\u00e7eveye oturmas\u0131yla birlikte, 2026 y\u0131l\u0131nda ABD ekonomisi konusunda iyimseriz (bullish).&#8221;<\/p>\n<h3>7. Sonu\u00e7: Bir Finans Kurulu\u015fu mu, Bir Teknoloji Dev mi?<\/h3>\n<p>Bank of America i\u00e7in 2025 y\u0131l\u0131, 30,5 milyar dolarl\u0131k k\u00e2r ve operasyonel m\u00fckemmeliyet ile bir g\u00f6vde g\u00f6sterisine d\u00f6n\u00fc\u015ft\u00fc. Ancak bu ba\u015far\u0131n\u0131n arkas\u0131ndaki as\u0131l hikaye, bankan\u0131n gayrifiziki giderler (noninterest expense) kalemindeki teknoloji yat\u0131r\u0131mlar\u0131n\u0131n \u00f6l\u00e7e\u011fidir.<\/p>\n<p><b>\u015eu soruyu sorman\u0131n vaktidir:<\/b> Teknoloji yat\u0131r\u0131mlar\u0131n\u0131n operasyonel verimlili\u011fi %61 seviyesine \u00e7ekti\u011fi ve y\u0131ll\u0131k 4,3 milyar dijital etkile\u015fimin y\u00f6netildi\u011fi bir \u00e7a\u011fda, Bank of America hala geleneksel bir banka m\u0131d\u0131r? Yoksa finans lisans\u0131na sahip bir teknoloji \u015firketine mi d\u00f6n\u00fc\u015fm\u00fc\u015ft\u00fcr? 2026 y\u0131l\u0131, bu d\u00f6n\u00fc\u015f\u00fcm\u00fcn pazar pay\u0131 kazan\u0131mlar\u0131yla daha da belirginle\u015fece\u011fi bir y\u0131l olmaya aday g\u00f6r\u00fcnmektedir.<\/p>\n<p>&nbsp;<\/p>\n<h1><span style=\"color: #0000ff;\">Bank of America 2025 Y\u0131l\u0131 D\u00f6rd\u00fcnc\u00fc \u00c7eyrek ve Tam Y\u0131l Finansal Sonu\u00e7lar\u0131 Brifing Dok\u00fcman\u0131<\/span><\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bank of America Corporation (\u015eirket), 31 Aral\u0131k 2025&#8217;te sona eren d\u00f6rd\u00fcnc\u00fc \u00e7eyrek ve tam y\u0131l i\u00e7in g\u00fc\u00e7l\u00fc finansal sonu\u00e7lar bildirmi\u015ftir. \u015eirket, 2025 y\u0131l\u0131n\u0131 30,5 milyar dolar net gelir ile tamamlam\u0131\u015f; hisse ba\u015f\u0131na kazan\u00e7 (EPS) bir \u00f6nceki y\u0131la g\u00f6re %19 artarak 3,81 dolara y\u00fckselmi\u015ftir. D\u00f6rd\u00fcnc\u00fc \u00e7eyrek net geliri 7,6 milyar dolar (hisse ba\u015f\u0131na 0,98 dolar) olarak ger\u00e7ekle\u015fmi\u015f ve bu rakam 4\u00c724&#8217;teki 6,8 milyar dolarl\u0131k net gelire k\u0131yasla %18&#8217;lik bir art\u0131\u015f\u0131 temsil etmi\u015ftir.<\/p>\n<p>Y\u0131l\u0131n genelinde sergilenen performans; g\u00fc\u00e7l\u00fc gelir b\u00fcy\u00fcmesi, disiplinli gider y\u00f6netimi ve operasyonel verimlilikteki iyile\u015fmelerle karakterize edilmi\u015ftir. \u015eirket, d\u00f6rd\u00fcnc\u00fc \u00e7eyrekte verimlilik oran\u0131n\u0131 (efficiency ratio) 194 baz puan iyile\u015ftirerek %61&#8217;e d\u00fc\u015f\u00fcrm\u00fc\u015ft\u00fcr. M\u00fc\u015fteri direnci ve organik b\u00fcy\u00fcme, bilan\u00e7onun 2 trilyon dolar\u0131 a\u015fan mevduat seviyeleri ve 1,17 trilyon dolarl\u0131k kredi hacmi ile rekor seviyelere ula\u015fmas\u0131n\u0131 sa\u011flam\u0131\u015ft\u0131r.<\/p>\n<h2>Konsolide Finansal Performans Analizi<\/h2>\n<p>Bank of America&#8217;n\u0131n 4\u00c725 finansal sonu\u00e7lar\u0131, ana gelir kalemlerinde ve karl\u0131l\u0131k rasyolar\u0131nda \u00f6nemli bir ivmelenme g\u00f6stermektedir.<\/p>\n<h3>Temel Finansal G\u00f6stergeler (4\u00c725 ve 4\u00c724 Kar\u015f\u0131la\u015ft\u0131rmas\u0131)<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>G\u00f6sterge (Milyar $ &#8211; EPS hari\u00e7)<\/td>\n<td>4\u00c725<\/td>\n<td>4\u00c724<\/td>\n<td>De\u011fi\u015fim (YoY)<\/td>\n<\/tr>\n<tr>\n<td>Toplam Gelir (Faiz gideri sonras\u0131 net)<\/td>\n<td>28,4<\/td>\n<td>26,5<\/td>\n<td>+%7<\/td>\n<\/tr>\n<tr>\n<td>Net Faiz Geliri (NII)<\/td>\n<td>15,8<\/td>\n<td>14,4<\/td>\n<td>+%10<\/td>\n<\/tr>\n<tr>\n<td>Vergi \u00d6ncesi Gelir<\/td>\n<td>9,6<\/td>\n<td>8,2<\/td>\n<td>+%17<\/td>\n<\/tr>\n<tr>\n<td>Net Gelir<\/td>\n<td>7,6<\/td>\n<td>6,8<\/td>\n<td>+%12<\/td>\n<\/tr>\n<tr>\n<td>Seyreltilmi\u015f Hisse Ba\u015f\u0131na Kazan\u00e7 (EPS)<\/td>\n<td>0,98 $<\/td>\n<td>0,83 $<\/td>\n<td>+%18<\/td>\n<\/tr>\n<tr>\n<td>Verimlilik Oran\u0131 (Efficiency Ratio)<\/td>\n<td>%61<\/td>\n<td>%63<\/td>\n<td>-194 bps<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Gelir Analizi:<\/b><\/p>\n<ul>\n<li><b>Net Faiz Geliri (NII):<\/b> 15,8 milyar dolara ula\u015fan NII; k\u00fcresel piyasa faaliyetleri, sabit getirili varl\u0131klar\u0131n yeniden fiyatlanmas\u0131 ve artan mevduat\/kredi bakiyeleri ile desteklenmi\u015ftir. Bu b\u00fcy\u00fcme, d\u00fc\u015f\u00fck faiz oranlar\u0131n\u0131n olumsuz etkisini fazlas\u0131yla telafi etmi\u015ftir.<\/li>\n<li><b>Faiz D\u0131\u015f\u0131 Giderler:<\/b> 17,4 milyar dolar olarak ger\u00e7ekle\u015fen giderler, bir \u00f6nceki y\u0131la g\u00f6re %4 artm\u0131\u015ft\u0131r. Bu art\u0131\u015f\u0131n temel nedenleri gelirle ili\u015fkili te\u015fvikler, i\u015flem giderleri ile teknoloji, personel ve marka yat\u0131r\u0131mlar\u0131d\u0131r.<\/li>\n<\/ul>\n<h2>\u0130\u015f Birimi Performans \u0130ncelemesi<\/h2>\n<p>\u015eirket d\u00f6rt ana segment \u00fczerinden faaliyetlerini s\u00fcrd\u00fcrmekte olup, her bir segment d\u00f6rd\u00fcnc\u00fc \u00e7eyrekte k\u00e2rl\u0131l\u0131\u011fa katk\u0131da bulunmu\u015ftur.<\/p>\n<h3>1. Bireysel Bankac\u0131l\u0131k (Consumer Banking)<\/h3>\n<ul>\n<li><b>Net Gelir:<\/b> 3,3 milyar dolar.<\/li>\n<li><b>Mevduat ve Krediler:<\/b> Ortalama mevduatlar 945 milyar dolar ile pandemi \u00f6ncesi seviyelerin %31 \u00fczerindedir. Ortalama krediler ise 323 milyar dolara (%2 art\u0131\u015f) ula\u015fm\u0131\u015ft\u0131r.<\/li>\n<li><b>Dijital Liderlik:<\/b> 49 milyon aktif dijital bankac\u0131l\u0131k kullan\u0131c\u0131s\u0131 bulunmaktad\u0131r. Toplam sat\u0131\u015flar\u0131n %69&#8217;u dijital kanallar arac\u0131l\u0131\u011f\u0131yla ger\u00e7ekle\u015ftirilmi\u015ftir. Zelle\u00ae \u00fczerinden yap\u0131lan i\u015flem hacmi y\u0131ll\u0131k %13 artarak 144 milyar dolara ula\u015fm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<h3>2. K\u00fcresel Servet ve Yat\u0131r\u0131m Y\u00f6netimi (GWIM)<\/h3>\n<ul>\n<li><b>Net Gelir:<\/b> 1,4 milyar dolar.<\/li>\n<li><b>Varl\u0131k Y\u00f6netimi:<\/b> Gelirler %10 artarak 6,6 milyar dolara \u00e7\u0131km\u0131\u015ft\u0131r. Bu art\u0131\u015f, %13 y\u00fckselen varl\u0131k y\u00f6netimi \u00fccretlerinden kaynaklanmaktad\u0131r.<\/li>\n<li><b>M\u00fc\u015fteri Bakiyeleri:<\/b> Pozitif m\u00fc\u015fteri giri\u015fleri ve piyasa de\u011ferlemeleriyle 4,8 trilyon dolara (%12 art\u0131\u015f) ula\u015fm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<h3>3. K\u00fcresel Bankac\u0131l\u0131k (Global Banking)<\/h3>\n<ul>\n<li><b>Net Gelir:<\/b> 2,1 milyar dolar.<\/li>\n<li><b>Yat\u0131r\u0131m Bankac\u0131l\u0131\u011f\u0131:<\/b> Toplam yat\u0131r\u0131m bankac\u0131l\u0131\u011f\u0131 \u00fccretleri 1,7 milyar dolar seviyesinde ger\u00e7ekle\u015fmi\u015ftir. \u015eirket, 2025 y\u0131l\u0131 genelinde yat\u0131r\u0131m bankac\u0131l\u0131\u011f\u0131 \u00fccret s\u0131ralamas\u0131nda 3. s\u0131rada yer alm\u0131\u015ft\u0131r.<\/li>\n<li><b>Hazine Hizmetleri:<\/b> Hazine hizmetleri \u00fccretlerinde y\u0131ll\u0131k %10 iyile\u015fme kaydedilmi\u015ftir.<\/li>\n<\/ul>\n<h3>4. K\u00fcresel Piyasalar (Global Markets)<\/h3>\n<ul>\n<li><b>Net Gelir:<\/b> 1,0 milyar dolar.<\/li>\n<li><b>Sat\u0131\u015f ve Ticaret Geliri:<\/b> %10 art\u0131\u015fla 4,5 milyar dolara y\u00fckselmi\u015ftir. Bu, y\u0131ldan y\u0131la b\u00fcy\u00fcmenin kaydedildi\u011fi \u00fcst \u00fcste 15. \u00e7eyrektir.<\/li>\n<li><b>Hisse Senetleri ve Sabit Getiri:<\/b> Hisse senedi gelirleri %23 art\u0131\u015fla 2 milyar dolara ula\u015f\u0131rken, Sabit Getiri, Para Birimleri ve Emtia (FICC) gelirleri 2,5 milyar dolar olmu\u015ftur.<\/li>\n<\/ul>\n<h2>Bilan\u00e7o, Sermaye ve Kredi Kalitesi<\/h2>\n<p>Bank of America, 2025 y\u0131l\u0131 boyunca bilan\u00e7osunu g\u00fc\u00e7lendirmeye ve hissedarlar\u0131na de\u011fer d\u00f6nd\u00fcrmeye devam etmi\u015ftir.<\/p>\n<ul>\n<li><b>Sermaye Durumu:<\/b> Common Equity Tier 1 (CET1) sermayesi 201 milyar dolar seviyesindedir. CET1 rasyosu %11,4 ile d\u00fczenleyici minimumlar\u0131n olduk\u00e7a \u00fczerindedir.<\/li>\n<li><b>Hissedar \u0130adeleri:<\/b> 4\u00c725&#8217;te hissedarlara 8,4 milyar dolar (2,1 milyar dolar temett\u00fc ve 6,3 milyar dolar hisse geri al\u0131m\u0131) iade edilmi\u015ftir. 2025 genelinde hissedarlara d\u00f6nen sermaye 2024&#8217;e g\u00f6re %41 artm\u0131\u015ft\u0131r.<\/li>\n<li><b>Kredi Kalitesi:<\/b> Kredi zararlar\u0131 kar\u015f\u0131l\u0131\u011f\u0131 1,3 milyar dolar olup, 4\u00c724&#8217;teki 1,5 milyar dolara g\u00f6re azalm\u0131\u015ft\u0131r. Net zarar yazmalar (charge-offs) 1,3 milyar dolar seviyesinde sabit kalm\u0131\u015ft\u0131r.<\/li>\n<li><b>Defter De\u011feri:<\/b> Hisse ba\u015f\u0131na defter de\u011feri %8 artarak 38,44 dolara; hisse ba\u015f\u0131na maddi defter de\u011feri ise %9 artarak 28,73 dolara y\u00fckselmi\u015ftir.<\/li>\n<\/ul>\n<h2>Stratejik G\u00f6r\u00fcn\u00fcm ve Y\u00f6netim Yorumlar\u0131<\/h2>\n<p><b>Y\u00f6netim Kurulu Ba\u015fkan\u0131 ve CEO Brian Moynihan&#8217;\u0131n De\u011ferlendirmesi:<\/b> CEO Moynihan, 2025 sonu\u00e7lar\u0131n\u0131 &#8220;g\u00fc\u00e7l\u00fc bir kazan\u00e7 y\u0131l\u0131&#8221; olarak nitelendirmi\u015f ve 30 milyar dolar\u0131 a\u015fan net gelirin alt\u0131n\u0131 \u00e7izmi\u015ftir. Moynihan, &#8220;T\u00fcketicilerin ve i\u015fletmelerin diren\u00e7li kalmas\u0131, d\u00fczenleyici ortam\u0131n ve vergi\/ticaret politikalar\u0131n\u0131n netle\u015fmesiyle birlikte, \u00f6n\u00fcm\u00fczdeki y\u0131l daha fazla ekonomik b\u00fcy\u00fcme bekliyoruz. 2026&#8217;da ABD ekonomisi konusunda iyimseriz (bullish),&#8221; ifadelerini kullanm\u0131\u015ft\u0131r.<\/p>\n<p><b>CFO Alastair Borthwick&#8217;in De\u011ferlendirmesi:<\/b> CFO Borthwick, bilan\u00e7onun verimli bir \u015fekilde y\u00f6netildi\u011fini, mevduatlar\u0131n 2 trilyon dolar s\u0131n\u0131r\u0131n\u0131 a\u015ft\u0131\u011f\u0131n\u0131 ve kredi hacminin y\u0131ll\u0131k %8 b\u00fcy\u00fcd\u00fc\u011f\u00fcn\u00fc vurgulam\u0131\u015ft\u0131r. Borthwick&#8217;e g\u00f6re \u015eirket; g\u00fc\u00e7l\u00fc likidite, y\u00fcksek sermaye ve sa\u011fl\u0131kl\u0131 varl\u0131k kalitesiyle 2026 y\u0131l\u0131na ana b\u00fcy\u00fcmeyi s\u00fcrd\u00fcrme, pazar pay\u0131 kazanma ve k\u00e2rl\u0131l\u0131\u011f\u0131 art\u0131rma odakl\u0131 bir giri\u015f yapmaktad\u0131r.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sunulan belgeler, **Bank of America**&#8217;n\u0131n 2025 y\u0131l\u0131 d\u00f6rd\u00fcnc\u00fc \u00e7eyrek ve mali y\u0131l sonu **finansal sonu\u00e7lar\u0131n\u0131** detayland\u0131ran resmi raporlar ve bas\u0131n b\u00fcltenleridir. \u015eirketin y\u0131ll\u0131k **30,5 milyar dolar net gelir** elde ederek g\u00fc\u00e7l\u00fc bir b\u00fcy\u00fcme sergiledi\u011fi, hisse ba\u015f\u0131na kazanc\u0131n ise bir \u00f6nceki y\u0131la g\u00f6re %19 oran\u0131nda artt\u0131\u011f\u0131 vurgulanmaktad\u0131r. Kaynaklar; **bireysel bankac\u0131l\u0131k**, k\u00fcresel varl\u0131k y\u00f6netimi ve kurumsal bankac\u0131l\u0131k gibi farkl\u0131 i\u015f segmentlerinin performans\u0131n\u0131 kapsaml\u0131 **tablolar ve grafiklerle** ortaya koymaktad\u0131r. Ayr\u0131ca, kurumun **sermaye yeterlili\u011fi**, mevduat b\u00fcy\u00fcmesi ve dijital platform kullan\u0131m oranlar\u0131 gibi stratejik veriler hakk\u0131nda derinlemesine bilgi sa\u011flanmaktad\u0131r. Bu d\u00f6k\u00fcmanlar, yat\u0131r\u0131mc\u0131lar\u0131 bilgilendirme amac\u0131 ta\u015f\u0131yan **SEC Form 8-K** bildirimini ve y\u00f6netim ekibinin gelece\u011fe y\u00f6nelik iyimser beklentilerini i\u00e7ermektedir.<\/p>\n","protected":false},"author":1,"featured_media":83,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[10],"class_list":["post-53","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-bac"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/posts\/53","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/comments?post=53"}],"version-history":[{"count":2,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/posts\/53\/revisions"}],"predecessor-version":[{"id":55,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/posts\/53\/revisions\/55"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/media\/83"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/media?parent=53"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/categories?post=53"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/tags?post=53"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}