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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Tbc Bank Group Plc | TBCG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -40.00 | -1.26% | 3,145.00 | 11:47:59 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 3,200.00 | 3,145.00 | 3,240.00 | 3,185.00 |
| Industry Sector |
|---|
| BANKS |
| Top Posts |
|---|
Posted at 06/11/2024 13:12 by martinmc123 4*TBC Bank Group posted 3m and 9m 2024 results this morning and they remain robust. 3Q 2024 profit was GEL 347 million, up by 16% YoY, with ROE at 26.6%. 9M 2024 profit was GEL 973 million, up by 15% YoY, with ROE at 26.2%. These were on 3m total operating income of GEL 753m (+22.5%) and 9m total operating income of GEL 2,050 million (+18.2%). So more robust growth is being delivered through 2024 continuing...from WealthOracle wealthoracle.co.uk/d |
Posted at 31/10/2024 10:11 by flyfisher Meanwhile, TBCG Georgia monthly figures were out yesterday on the BOG website, which complete an excellent Q3, about 8% ahead of Q2.Of course this is as much about local geopolitics as it is about business. On that note the president has been requested to attend the prosecutors office to present evidence of vote rigging, notably she has refused to attend. I bought on tuesday. |
Posted at 18/5/2024 01:12 by popit The Georgian currency is a very big risk here and if the GEL was to return to the same average exchange rate against the USD and GBP as in 2021 then these shares would fall by about 30%In May 2021 the USD bought 3.45 GEL but it only buys about 2.75 now And in May 2021 the GBP bought about 4.80 GEL but it only buys about 3.50 now There does not seem to be any good reason for this huge rise in the GEL gainst the USD and GBP in the last 3 years and so it is likely that the GEL will return to a more normal level against these currencies This would mean a fall of about 30% in the shares The dividend would also fall by about 30% |
Posted at 02/4/2024 08:47 by flyfisher TBCG needs to get a bond issue away shortly.Today's credit rating upgrade from moodys will help. |
Posted at 04/3/2024 09:12 by flyfisher UK Banks have been firm in general and the ameriabank acquisition by BGEO seems to have highlighted regional value, which has showed in both BGEO and TBCG.A comment in the cavendish note on BGEO also highlighted firm growth in the region. |
Posted at 23/5/2023 20:56 by flyfisher Payme has a ROE exceeding 30%, pre tax profit margin of 70% and strong growth is expected. It will be earnings enhancing for TBCG.An excellent use of surplus cash. Uzbekistan bank minority next? |
Posted at 11/5/2023 11:38 by kalai1 TBC Bank Group posted Q1 2023 results this morning, confirming ongoing robust profitability with Q1 2023 net profit reaching GEL 255 million, up by 14% YoY, with ROE up to 25.2%. Operating profit amounted to GEL 532 million, up by 29% YoY, driven by strong income generation across the board. The impressive performance was supported by a widening net interest margin (NIM) which stood at 6.4% in Q1, up by 0.8 pp YoY. The bank remains solid, as of 31 March 2022, the CET1, Tier 1, and Total Capital ratios per the new IFRS methodology stood at 17.7%, 20.1% and 22.2%, respectively, and remained comfortably above minimum regulatory requirements. Valuation remains attractive with forward PE ratio at 4.0x and dividend yield over 8%. The main potential risk looks ot be at a macro level and from potential currency fluctuations, but the Georgian economy and public finances look pretty solid too. The share has growth, profitability, solid b/s, attraactive valuation and strong positive momentum. BUY......WealthOracle |
Posted at 23/2/2023 10:03 by flyfisher IMO, the underlying results were good, but blighted by a one off tax charge and a confusing IAS 32 redemption liability, which took a considerable time to explain in the conference call.Not helped by the results coming out on a day when the EU are investigating a surge in exports to economies in Russia’s vicinity as they seek to prevent companies from sanctions breaches. |
Posted at 16/2/2023 08:58 by flyfisher The superb results at regional competitor BGEO seem to have gone unnoticed here.I would expect similar results at TBCG next week. |
Posted at 27/4/2021 07:22 by asagi 2020 Annual Report is here:hxxps://tbcbankno dividend. "We continue to closely monitor the economic situation in Georgia and hold active discussions with regulatory bodies about the possibility of resuming paying dividends." Asagi (long TBCG) |
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