Bank of Georgia/Lion - yet another set of impressive and strong FY numbers24 Apr 2026 14:09
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Lion Finance, formerly known as Bank of Georgia, posted another set of impressive and strong FY numbers this morning and the share price is extending its strong uptrend to new record highs. The Group reported robust growth across both Georgian and Armenian operations and continued balance sheet expansion. Total loans reached GEL 40.1 billion at year-end (+19.7% y-o-y in constant currency), driven by 16.1% growth in Georgian Financial Services (GFS) and 28.0% growth in Armenian Financial Services (AFS). Customer deposits increased 17.3% y-o-y to GEL 38.6 billion, supporting funding stability despite slightly higher deposit costs. Digital engagement remains a key structural growth driver. Bank of Georgia’s retail digital monthly active users exceeded 1.8 million (+15% y-o-y), while Ameriabank’s surged 45.3% to 336,000, highlighting substantial runway in Armenia where digital penetration remains materially below Georgian levels. Operating income grew 20.8% y-o-y in FY25, supported by 25.9% growth in net interest income and 17.1% growth in net fee and commission income. Net interest margin remained resilient at 6.1% for FY25, despite modest quarterly compression reflecting higher funding costs and Eurobond issuance. Cost discipline remained broadly stable, with a FY25 adjusted cost-to-income ratio of 35.5%
.wealthoracle.co.uk/companies/BGEO