Share Name Share Symbol Market Type Share ISIN Share Description
TBC Bank Group 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
  +10.00p +0.61% 1,654.00p 1,650.00p 1,654.00p 1,650.00p 1,638.00p 1,642.00p 13,157 16:35:13
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Banks 294.3 112.3 0.0 - 896.23

TBCG Share Discussion Threads

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Good update today, I don't see big trades on this company, I see good potential for growth.
I see PEEL Hunt have increased there buy target to £21.50.
This apparent gem just came up on my screens. Little float (53m shares), steady, continuous growth, a gorgeous looking chart and, to top it all off, exposure to the Georgian market which has gone up tremendously (and no one is talking about it!) make this a very enticing buy. A quick look at Georgia Equity Market Index shows an increment of over 100% in the last year alone. I've not done enough digging to figure out what has triggered this, but seems to me like this stock has long term potential. My buy alert has been flashed, waiting for confirmation to pull the trigger.
2 FTSE 350 dividend stocks I’d buy with £2,000 today. Improving performance Releasing full year results on Thursday was Georgia’s largest banking group, TBC Bank (LSE: TBCG). Its performance during the 2017 financial year was relatively positive, with underlying net profit increasing by 35.1%. This delivered an underlying return on equity of 21.4%, which is up on the previous year’s figure of 20.6%. The bank also became more efficient in the year, with its cost:income ratio declining to 40.5% from 42.9% in the previous year. Meanwhile, the integration of Bank Republic has progressed as per previous expectations. Looking ahead, TBC is expected to report further growth in earnings in the current year. Its bottom line is expected to increase by 11% this year, followed by growth of 21% in 2019. The Georgian economy continues to perform relatively well, and this could provide the business with a tailwind over the medium term. Despite this, it trades on a price-to-earnings growth (PEG) ratio of just 0.3, which suggests that it offers upside potential. In addition, the company’s dividend yield is currently 3.7%. However, with dividends per share due to rise by 26% next year and still set to be covered 3.3 times by profit, the income investing outlook for the stock may prove to be the most enticing part of its overall investment appeal.
Financial Highlights   3Q 2017 P&L Highlights                                                         § Underlying[1] net profit amounted to GEL 88.0 million (3Q 2016: GEL62.1 million; 2Q 2017: GEL 86.3 million) § Reported net profit amounted to GEL 86.8 million (3Q 2016: GEL 71.0 million; 2Q 2017: GEL 79.9 million) § Underlying1 return on equity (ROE) amounted to 20.02% (3Q 2016: 18.1%; 2Q 2017: 20.4%) § Reported return on equity (ROE) amounted to 19.8% (3Q 2016: 20.6%; 2Q 2017: 18.9%) § Underlying1 return on asset (ROA) amounted to 3.0% (3Q 2016: 3.5%; 2Q 2017: 3.2%) § Reported return on asset (ROA) amounted to 2.9% (3Q 2016: 4.0%; 2Q 2017: 3.0%) § Total operating income amounted to 207.1 million up by 28.0% YoY (up by 7.7% YoY to GEL 174.2 million without the Bank Republic estimated contribution) and unchanged from 2Q 2017 § Underlying1 cost to income ratio stood at 39.8% (3Q 2016: 41.0%; 2Q 2017: 41.2%) § Reported cost to income was 40.5% (3Q 2016: 40.5%; 2Q 2017: 44.9%) § Cost of risk on loans stood at 1.3% (3Q 2016: 1.1%; 2Q 2017: 1.3%) § Net interest Margin (NIM) stood at 6.2% (3Q 2016: 8.3%; 2Q 2017: 6.8%), the estimated effect of new regulatory LCR is 0.4pp[2] § Risk adjusted net interest margin (NIM) stood at 5.0% (3Q 2016: 6.7%; 2Q 2017: 5.3%)
Results out next Thursday, from my experience companies don't have conference calls to talk about results, unless things are going well. Third Quarter 2017 Unaudited Financial Results Conference Call   TBC Bank Group PLC ("TBC PLC") will release its third quarter and nine month 2017 unaudited financial results on Thursday, 16 November  2017 at 7.00 am GMT (11.00 am GET).   On that day, Vakhtang Butskhrikidze, CEO, and Giorgi Shagidze, CFO, will host a conference call to discuss the results.   Date & time:  Thursday, 16 November 2017 at 14.00 (GMT) / 15.00 (CET) / 9.00 (EST)                                      Please dial-in approximately 5 minutes before the start of the call quoting the password "TBC Bank
Momentum building here, ready for results which are less than two weeks away. which we know are going to be good.
TBC Bank Group PLC TBC Bank signs syndicated loan agreement 20/10/2017 11:56am UK Regulatory (RNS & others) TBCG (LSE:TBCG) Historical Stock Chart 1 Month : From Sep 2017 to Oct 2017 TIDMTBCG RNS Number : 2156U TBC Bank Group PLC 20 October 2017 TBC Bank signs syndicated loan agreement of USD 106.5 million with FMO and OFID JSC TBC Bank ("TBC Bank"), a subsidiary of TBC Bank Group PLC ("TBC PLC") has signed syndicated loan agreements in the total amount of USD 106.5 million with the Netherlands Development Finance Company ("FMO"). This is the second syndicated loan agreement arranged by FMO (Netherlands Development Finance Company), TBC's long-standing partner. The loan facility is provided in syndication with OFID (OPEC Fund for International Development). Other participants, financing USD 56.5 million in total are Symbiotics (through its MSME Bond Platform); Atlantic Forfaitierungs AG; London Forfaiting Company Limited and undisclosed institutional investors through FMO's syndications platform. The FMO funding enables TBC Bank to further support micro, small and medium-sized enterprise (MSME) financing in Georgia, while the OFID portion of the facility will support international trade finance projects. "We are proud to have built such a successful relationship with FMO, TBC Bank's long standing partner, as well as OFID and other participants of the syndicate. The size of this funding clearly indicates the success of our previous syndicated loan and our matured partnership. This large facility will help TBC Bank to further strengthen its leading position in the MSME segment," commented Vakhtang Butskhrikidze, CEO of TBC Bank. FMO's Chief Investment Officer Linda Broekhuizen commented: "FMO is proud to have arranged this groundbreaking syndicated credit line for TBC, bringing also new investors to Georgia. It will enable TBC to continue its growth and helps support job creation in the country." OFID Director-General Suleiman J. Al-Herbish said: "The financial sector of a country underpins economic stability and growth; it is central to poverty reduction and development. OFID is committed to supporting international trade. Channelling funds through financial intermediaries such as TBC Bank furthers our reach and impact when it comes to supporting sustainable development. This loan agreement is in line with our commitment to developing countries across the globe."
Notification of Third Quarter 2017 Financial Results TBC Bank Group PLC ("TBC PLC") announces that its consolidated financial results for the third quarter 2017 will be published on Thursday, 16 November 2017. The management team will host a conference call on the day to discuss the results. Full details of the event will be published in due course. The results report and investor presentation will be made available at 7 am GMT (11 am GET) on Thursday, 16 November 2017 in the Investor Relations section of the Bank's corporate website at Its always good news, when a investor presentation will be made after.
Big blue day tomorrow imo great news! 🤡👍
Should keep rising 🤡👌
September 2017 Moody's upgrades TBC Bank Credit Rating Moody's Investors Service (Moody's) has announced today that it has upgraded the credit rating of JSC TBC Bank ("TBC Bank"), subsidiary of TBC Bank Group PLC. The Bank's local-currency deposit rating has been increased to Ba2 from Ba3 and its foreign-currency deposit rating to Ba3 from B1. The ratings continue to carry a stable outlook. This change was driven by Moody's upgrade of Georgia's government bond ratings to Ba2 stable from Ba3 stable on 11 September 2017
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
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