Halkbank transfers 99.99 percent stake: what it means for Halkbank stock

Published on 10/14/2026 at 01:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Halkbank planned a 99.99 percent stake transfer on October 9, 2026. Analysts set a TRY 41.85 target for Halkbank stock below TRY 43.90.

Stake transfer and earnings outlook

Halkbank planned the transfer of its 99.99 percent stake in Halk Katilim Bankasi on October 9, 2026.
First-half 2026 net profit reached TRY 17.73 billion, up 47.30 percent year over year.
Halkbank stock was last at TRY 43.90 on Borsa Istanbul on October 13, 2026.
The next earnings report is scheduled for November 9, 2026.

Halkbank, TRETHAL00019, Illustration mit AI erstellt.

Halkbank (ISIN TRETHAL00019) planned to transfer its 99.99 percent stake in Halk Katilim Bankasi to TVF Katilim Finans Yatirimlari on October 9, 2026. The decision adds a concrete restructuring step to the bank's broader capital-market story, while Halkbank stock was last at TRY 43.90 on Borsa Istanbul on October 13, 2026.

What the transfer means

According to ForInvest on October 9, 2026, Halkbank and Ziraat Bankasi each approved applications to transfer 99.99 percent holdings in their participation-bank subsidiaries to the same TVF vehicle. The transfer remains subject to regulatory approvals, making execution timing a material variable for investors.

On October 5, 2026, Daily Sabah reported that Halkbank had met nearly 60 investors during a roadshow for a planned secondary share offering. The bank had applied to raise nominal capital from TRY 7.18 billion to TRY 9.00 billion, while the offering was estimated at USD 1.70 billion at prevailing market prices.

Three dated milestones

On August 7, 2026, Halkbank reported second-quarter net profit of TRY 8.22 billion, which exceeded the TRY 7.00 billion market consensus by 17.20 percent, according to Bilgi Tik. On October 5, the bank's roadshow covered nearly 60 investors, and on October 9 the participation-bank stake transfer was announced.

The first-half 2026 net profit reached TRY 17.73 billion, up 47.30 percent from the prior-year period, while net interest income rose 83.00 percent to TRY 43.20 billion, the same report said. Those figures provide a stronger operating counterweight to the dilution and execution questions surrounding the planned offering.

When are results due?

Investing.com lists November 9, 2026 as Halkbank's next earnings date. Its analyst panel shows a TRY 41.85 average 12-month target, 4.67 percent below the TRY 43.90 quote, with six Hold ratings and one Sell rating.

Last market reference

Halkbank was last at TRY 43.90 on Borsa Istanbul on October 13, 2026 at 6:09 p.m. EEST. The quoted 52-week range was TRY 24.46 to TRY 54.35, putting the last price 19.25 percent below the high. The bank's market capitalization was TRY 315.4 billion on the same date.