Albaraka Turk stock posted TRY 8.82 with BIST 100 entry

Published on 10/08/2026 at 02:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Albaraka Turk stock rose 0.34 percent on October 7, 2026, while its second quarter net income reached TRY 2.63 billion. Analysts set an average target of TRY 11.840.

Albaraka Turk, TREALBK00011, Illustration mit AI erstellt.

Albaraka Turk (ISIN TREALBK00011) had a market capitalization of TRY 22.1 billion on October 7, 2026, while its Borsa Istanbul share was last at TRY 8.82 after a 0.34 percent daily increase. The price sits below the 52-week high of TRY 10.54 and above the low of TRY 7.42, giving investors a clear valuation and performance frame.

Second quarter profit rises 69 percent

Albaraka Turk's second quarter 2026 net income reached TRY 2.63 billion, compared with TRY 1.56 billion in the second quarter of 2025, according to Simply Wall St in its August 9, 2026 earnings update. The same update reported second quarter revenue of TRY 7.56 billion, up 64 percent year over year, while profit margin stood at 35 percent.

The broader first-half picture also matters. Finance statements for Q2 2026 show total revenue of TRY 28.366 billion and total assets of TRY 543.925 billion, while shareholders' equity reached TRY 32.183 billion.

BIST 100 membership starts in October

Albaraka Turk was included in the BIST 100 for the October 1 to December 31, 2026 period, according to Yeni Safak on September 22, 2026. The change places the participation bank in a broader benchmark watched by index-tracking portfolios during the fourth quarter.

The index addition is a structural market development rather than a substitute for earnings momentum. The latest reported quarter combines higher revenue and net income with a 35 percent margin, so the next comparison will center on whether profitability holds as the bank expands its financing activity.

Analysts see TRY 11.840 target

Investing.com lists a Buy consensus based on 2 Buy ratings, 1 Hold rating and 0 Sell ratings. The average 12-month price target is TRY 11.840, with targets between TRY 11.74 and TRY 11.94; the average target lies 34.24 percent above the October 7 share price.

That target comparison leaves the stock below its 52-week peak even as the latest quarterly figures show year-over-year profit growth. The key investor question is whether the second quarter's 69 percent net income increase can be sustained through the remainder of fiscal year 2026.

Stock last at TRY 8.82

Albaraka Turk was last at TRY 8.82 on Borsa Istanbul on October 7, 2026 at 6:05 p.m. TRT, with volume of 15,231,129 shares. The stock's market value was TRY 22.1 billion on that date.