Share Name Share Symbol Market Type Share ISIN Share Description
Tbc Bank Group Plc LSE:TBCG London Ordinary Share GB00BYT18307 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -6.00 -0.55% 1,094.00 1,096.00 1,104.00 1,108.00 1,082.00 1,090.00 126,818 16:35:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Banks 371.6 71.1 0.0 - 600

Tbc Bank Share Discussion Threads

Showing 1 to 7 of 100 messages
Chat Pages: 4  3  2  1
Nice rise today, hopefully the market is starting to catch up with the value here.
TBC Bank Group Plc (LON:TBCG): Peel Hunt Keeps Buy Rating Today, Has a Target of GBX 2000.00/Share August 21, 2017 - By Kurt Siggers TBC Bank Group Plc (LON:TBCG) Rating Reaffirmed Peel Hunt now has a GBX 2000.00 PT on the 851.22M GBP market cap company or 27.23 % upside potential. In a report published on Monday morning, TBC Bank Group Plc (LON:TBCG) shares have had their Buy Rating reaffirmed by expert analysts at Peel Hunt.
Impressive results Georgia's largest retail bank TBC Bank Group (LSE: TBCG) today reported results for the second quarter of 2017. Underlying net profit increased by 37% year-on-year, as robust economic conditions spurred strong growth in its loan book. It's encouraging to see the continued improvement in its underlying operating performance after shares in the bank have gained over 40% over the past 12 months. These impressive results are proof of the soundness of its growth strategy and showcase the strong operating leverage of the bank. Return on equity moved higher by half a percentage point to 20.4%, as its loan portfolio grew by 30.8% on the previous year and 3.7% over the previous quarter to GEL7.39bn. Unfortunately, net interest margins (NIM) fell by 1.1 percentage points from the same period last year to 6.8%, reflecting competitive pressures in the banking sector which has driven loan yields lower. That said, conditions may be starting to stabilise, as NIM in the second quarter actually rose by 0.2 percentage points on a sequential quarterly basis, its first increase in just over a year. Looking ahead, City analysts reckon the bank's underlying earnings are set to rise 19% in the current year, followed by further growth of 11% next year. This means its shares trade at just 7.4 times its expected earnings this year, or only 6.4 times its expected earnings in 2018. And with forecasts of around 58.5p per share in dividends this year, TBC Bank seems to offer a potent mix of income and value, with the shares forecast to yield 3.7%.
I've decided to buy in here, they look very cheap a p/e 7.4 for this year, 6.4 for next.
Positive set of H1 results today. Georgian economy grew 4.5% in H1 and the outlook looks positive. Report states that reinvested profits will become tax free for financial institutions from 2019.
Yes another leap towards a fair share-price by TBCG. It has a way to go! Gradually investors are waking up to the value at these levels. j
!FOLLOWFEED Predicted NAV up close to £20. 30% Undervalued!!! ...a solid bank that no-one's noticed J
Chat Pages: 4  3  2  1
ADVFN Advertorial
Your Recent History
Tbc Bank
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210617 04:39:21