TBC Bank Group (TBCG)

Sector:

Banking

Index:

FTSE 250

3,680.00p
   
  • Change Today:
    -355.00p
  • 52 Week High: 4,500.00p
  • 52 Week Low: 2,350.00p
  • Currency: UK Pounds
  • Shares Issued: 56.21m
  • Volume: 166,490
  • Market Cap: £2,068.60m
  • RiskGrade: 191

TBC Bank reports bumper 1H profits on strong economic growth

By Alexander Bueso

Date: Thursday 10 Aug 2023

LONDON (ShareCast) - (Sharecast News) - TBC reported bumper profits for the first half of the year thanks to strong growth in Georgia and Uzbekistan.
In the case of the former, growth was described as broad-based in part thanks to a "material" contribution from IT services exports, while headline inflation was running at 0.3% year-on-year in July.

For the first half of the year, the lender posted a 29.4% jump in net interest income to reach 766.1m Georgian lari.

In turn, profit before tax for the period was ahead by 19.5% to 548.1m lari.

On a diluted basis, earnings per share increased 20% to 9.76 lari.

For the second quarter, net interest income rose by 31.5% to reach 399.3m lari and profit was 33% stronger to 296.3m lari.

TBC's return on equity improved by eight tenths of a percentage point during the half to 26.7%, while its cost-to-income ratio declined by 1.4 percentage points to 34.5%.

Non-performing loans meanwhile dipped by two tenths of a point to 2.1% of gross loans.

Looking ahead, and citing rapid growth at its fintechs in Uzbekistan, the lender guided towards a compound annual growth rate in net profits of over 15% to more than 1.5bn lari, alongside a return on equity of above 23%.



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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 3,680.00p
Change Today -355.00p
% Change -8.80 %
52 Week High 4,500.00p
52 Week Low 2,350.00p
Volume 166,490
Shares Issued 56.21m
Market Cap £2,068.60m
RiskGrade 191

TBC Bank Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
13.94% below the market average13.94% below the market average13.94% below the market average13.94% below the market average13.94% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
89.95% above the market average89.95% above the market average89.95% above the market average89.95% above the market average89.95% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
64.32% above the market average64.32% above the market average64.32% above the market average64.32% above the market average64.32% above the market average
16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% above the sector average
Growth
32.91% above the market average32.91% above the market average32.91% above the market average32.91% above the market average32.91% above the market average
6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 3
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 05-Jun-25 03-Oct-24
Paid 11-Jul-25 11-Nov-24
Amount 160.37p 74.25p

Trades for 04-Apr-2025

Time Volume / Share Price
16:47 1,482 @ 3,662.72p
16:35 155 @ 3,680.00p
16:35 7 @ 3,680.00p
16:35 160 @ 3,680.00p
16:29 9 @ 3,660.00p

TBC Bank Group Key Personnel

CEO Vakhtang Butskhrikidze
Chair Arne Berggren

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