TBC Bank Group (TBCG)

Sector:

Banking

Index:

FTSE 250

4,500.00p
   
  • Change Today:
      20.00p
  • 52 Week High: 5,070.00p
  • 52 Week Low: 2,505.00p
  • Currency: UK Pounds
  • Shares Issued: 56.17m
  • Volume: 33,863
  • Market Cap: £2,527.67m
  • 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 4,500.00p
Change Today 20.00p
% Change 0.45 %
52 Week High 5,070.00p
52 Week Low 2,505.00p
Volume 33,863
Shares Issued 56.17m
Market Cap £2,527.67m
RiskGrade 191

TBC Bank Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
20.29% below the market average20.29% below the market average20.29% below the market average20.29% below the market average20.29% below the market average
46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average
Price Trend
78.86% above the market average78.86% above the market average78.86% above the market average78.86% above the market average78.86% above the market average
46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average
Income
61.73% above the market average61.73% above the market average61.73% above the market average61.73% above the market average61.73% above the market average
Sector averageSector averageSector averageSector averageSector average
Growth
47.54% above the market average47.54% above the market average47.54% above the market average47.54% above the market average47.54% above the market average
6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 4
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
  Q2 Q1
Ex-Div 23-Oct-25 14-Aug-25
Paid 21-Nov-25 05-Sep-25
Amount 47.25p 40.00p

Trades for 27-Aug-2025

Time Volume / Share Price
11:37 8 @ 4,500.00p
11:37 33 @ 4,500.00p
11:37 25 @ 4,510.00p
11:37 8 @ 4,510.00p
11:37 673 @ 4,510.00p

TBC Bank Group Key Personnel

CEO Vakhtang Butskhrikidze
Chair Arne Berggren

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