TBCG -24 Apr 2026 16:13
.wealthoracle.co.uk/companies/TBCG
TBC Bank Group delivered a strong set of preliminary FY25 results this morning and the share price is moving higher in its range of the past 12 months. Earnings momentum remains solid with 4Q25 net profit up 16% YoY to GEL 387m, bringing FY25 net profit to GEL 1.42bn (+9% YoY). Return on equity remained best-in-class at 24.9% for the quarter and 24.2% for the full year, comfortably above management’s 23%+ guidance. Earnings per share increased 7.8% YoY to GEL 25.23, supported by disciplined cost control and strong revenue growth. The strong profit growth was founded on solid revenue growth which was underpinned by core banking strength. Net interest income increased 23.7% YoY to GEL 2.35bn, with NIM stable at 7.0% for FY25 (+30bps YoY). Loan yields remained attractive at 14.7%, while deposit costs were well managed at 5.8%. Net fee and commission income grew 18.5% YoY, reflecting continued digital scaling and transaction growth. The Group’s Cost-to-income improved to 37.5% (from 37.9%), highlighting operating leverage despite ongoing investment. In terms of the balance sheet total assets grew 9.4% YoY to GEL 43.9bn, while gross loans increased 12.8% to GEL 30.2bn and customer deposits rose 12.3% to GEL 25.4bn (ex-MOF). ..
.wealthoracle.co.uk/companies/TBCG