17 July 2026 | 8:51PM GST Equity Research We update our estimates for Isbank ahead of its 2Q26 results. Additionally, we decrease our full-year net income estimates for 2026-28 by c.13% on average (2026E net income -33%, 2028E net income +3.5%) driven by lower NII nearer term. The significant decline to our FY26 estimate reflects the higher rate environment in Turkey, affecting our 2026 NIM assumptions. Our net income estimates for outer years are broadly unchanged as we make minimal changes to our long-ter ...