VakifBank wins EUR 200 million funding: target for VakifBank stock is TRY 40.79

Published on 10/14/2026 at 03:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 40.66 percent to TRY 67.75 billion in 2026. For VakifBank stock, net income reached TRY 16.70 billion in the second quarter.

Funding and reporting timetable

Vak?fBank secured EUR 200 million in 10-year funding on October 13, 2026.
Second-quarter 2026 revenue reached TRY 67.75 billion and net income TRY 16.70 billion.
The next reporting date is November 5, 2026.
The average 12-month target was TRY 40.79 on October 6, 2026.

VakifBank, TREVKFB00019, Illustration mit AI erstellt.

VakifBank (TREVKFB00019) secured EUR 200 million in 10-year financing on October 13, 2026, while the average target for VakifBank stock stood at TRY 40.79. CNBCE reported the funding under a 95 percent SACE guarantee, and FKRadar listed the average target on October 6, 2026.

Three dated funding milestones

On June 1, 2026, VakifBank's first-half financial tables showed TRY 175.90 billion in net sales and TRY 36.00 billion in net income, according to FVT.

On October 10, 2026, Simply Wall St reviewed the second-quarter 2026 figures: revenue rose from TRY 48.17 billion in the second quarter of 2025 to TRY 67.75 billion, while net income increased from TRY 12.74 billion to TRY 16.70 billion. That represents revenue growth of 40.66 percent and net income growth of 31.00 percent on the reported figures.

On October 13, 2026, the bank secured the latest funding from ING Germany under SACE's 95 percent guarantee. The financing supports customers involved in Turkey-Italy trade, and the source said more than 100 Italian companies could benefit from the arrangement.

What does the funding change?

The 10-year maturity extends VakifBank's international funding profile beyond a single transaction. CNBCE also reported that new overseas resources obtained by the bank during 2026 had reached USD 9.00 billion by October 13, 2026.

The earnings trend adds a second part to the picture. Simply Wall St recorded a decline in net margin from 26.50 percent in the second quarter of 2025 to 24.70 percent in the second quarter of 2026, so the growth in revenue and net income came with a narrower margin.

Next reporting date is November 5

The next scheduled reporting date is November 5, 2026, according to JrHisse. The date gives investors a defined checkpoint for the funding strategy, margin development and the second-quarter comparison.

Stock range sets the market frame

VakifBank shares were listed in a 52-week range of TRY 21.38 to TRY 43.06 as of October 5, 2026. The average 12-month target of TRY 40.79 cited by FKRadar remains a separate valuation reference from the Borsa Istanbul quotation.