Garanti BBVA stock reports 20 percent first half profit growth

Garanti BBVA stock stood at TRY 133.80 on Borsa Istanbul on September 23, 2026, after a daily change of -0.07 percent. The bank's first half 2026 net income reached TRY 63.442 billion, up 20 percent from TRY 52.940 billion in the same period of 2025, according to Hisse.net.

Profit reaches TRY 63.442 billion

Garanti BBVA generated TRY 30.288 billion in net income during the second quarter of 2026. The six-month result therefore exceeded the prior-year comparison by TRY 10.502 billion, a 19.85 percent increase that the source rounds to 20 percent.

The earnings mix also included 28 percent return on equity for the first six months, while management described net interest income resilience and fee generation as contributors to the result in a Q2 2026 earnings-call transcript published by Yahoo Finance.

Regulatory cost adds a second signal

The bank also disclosed a TRY 1,547,608,979.25 administrative fine after a competition authority investigation ended through settlement on September 21, 2026, as CNBC-e reported. The amount is material beside the TRY 30.288 billion quarterly profit, equal to 5.11 percent of that figure.

For investors, the contrast is clear: first half earnings expanded by 20 percent year over year, while the settlement creates a defined one-time cash cost. The profit comparison matters more than the daily share move when assessing the latest reported period.

GARAN remains above its averages

On September 23, 2026, GARAN opened at TRY 134.10, reached a session high of TRY 135.70 and touched a low of TRY 132.90 before the TRY 133.80 close. The 20-day average stood at TRY 132.13 and the 52-day average at TRY 129.73, placing the close 1.26 percent above the 20-day level and 3.14 percent above the 52-day level.

Garanti BBVA's primary market reference is Borsa Istanbul, where the bank trades under GARAN. Its latest figures combine higher first half earnings and a regulatory charge that investors can quantify directly.