TBC Bank Group (TBCG)

Sector:

Banking

Index:

FTSE 250

2,995.00p
   
  • Change Today:
    -280.00p
  • 52 Week High: 3,465.00
  • 52 Week Low: 2,300.00
  • Currency: UK Pounds
  • Shares Issued: 55.39m
  • Volume: 151,233
  • Market Cap: £1,659.04m
  • RiskGrade: 191

TBC Bank recommends dividend after year of growth

By Josh White

Date: Friday 16 Feb 2024

LONDON (ShareCast) - (Sharecast News) - TBC Bank Group reported significant increases in net interest income, of 26.8%, and net fee and commission income, of 27.8%, in its full-year results on Friday, leading to total operating income of GEL 2.37bn (£0.71bn), up 14.6%.
Despite a 36% increase in its total credit loss allowance and a 24.2% rise in operating expenses, the bank still achieved a profit before tax of GEL 1.33bn, up 7%.

After a 20.3% fall in income tax expenses, the bank reported a profit for the period of GEL 1.14bn, up 13.6% year-on-year.

The board recommended a final dividend for 2023 of GEL 4.67 per share.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

TBC Bank Group Market Data

Currency UK Pounds
Share Price 2,995.00p
Change Today -280.00p
% Change -8.55 %
52 Week High 3,465.00
52 Week Low 2,300.00
Volume 151,233
Shares Issued 55.39m
Market Cap £1,659.04m
RiskGrade 191

TBC Bank Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
83.67% above the market average83.67% above the market average83.67% above the market average83.67% above the market average83.67% above the market average
29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average
Price Trend
76.15% above the market average76.15% above the market average76.15% above the market average76.15% above the market average76.15% above the market average
5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average
Income
74.12% above the market average74.12% above the market average74.12% above the market average74.12% above the market average74.12% above the market average
46.67% above the sector average46.67% above the sector average46.67% above the sector average46.67% above the sector average46.67% above the sector average
Growth
52.67% above the market average52.67% above the market average52.67% above the market average52.67% above the market average52.67% above the market average
41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 5
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

TBC Bank Group Dividends

  Latest Previous
  Final Interim
Ex-Div 13-Jun-24 07-Sep-23
Paid 19-Jul-24 13-Oct-23
Amount 140.00p 76.54p

Trades for 03-May-2024

Time Volume / Share Price
16:35 30,255 @ 2,995.00p
16:35 17 @ 2,995.00p
16:35 249 @ 2,995.00p
16:35 46 @ 2,995.00p
16:35 113 @ 2,995.00p

TBC Bank Group Key Personnel

CEO Vakhtang Butskhrikidze
Chair Arne Berggren

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