TBC Bank Announces 1Q 2024 Unaudited Consolidated Financial Results
1Q 2024 profit of GEL 296 million, up by 16% YoY, with ROE at 25.1%
European Union Market Abuse Regulation EU 596/2014 requires TBC Bank Group PLC to disclose that this announcement contains Inside Information, as defined in that Regulation
TBC Bank Group PLC ("TBC PLC") today published its unaudited consolidated financial results for the first quarter 2024. The results report and presentation are available on the Investor Relations website at: www.tbcbankgroup.com
Today, the management team will host a conference call at 2.00 PM BST. To participate in the conference call live video webinar, please register using the following link: https://www.netroadshow.com/events/login?show=4bb3e869&confId=64445. You will receive access details via email.
Financial Highlights
Income statement
Balance sheet
Key ratios
Operational Highlights
Customer base
Uzbekistan – key highlights
TNET – digital lifestyle platform in Georgia
Additional Information Disclosure
The following materials are disclosed on our Investor Relations website on https://tbcbankgroup.com/ under Results Center section:
- 1Q 2024 Results Report
- 1Q 2024 Results Call Presentation
- Supplementary Data
For further enquiries, please contact:
Director of Investor Relations
Andrew Keeley
Or
Head of Investor Relations
Anna Romelashvili
ir@tbcbank.com.ge
About TBC Bank Group PLC ("TBC PLC")
TBC Bank Group PLC ("TBC PLC") is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank ("TBC Bank") and a group of companies that principally operate in Georgia in the financial sector. TBC PLC also offers non-financial services via TNET, the largest digital ecosystem in Georgia. Since 2019, TBC PLC has expanded its operations into Uzbekistan by operating fast growing retail digital financial services in the country. TBC PLC is listed on the London Stock Exchange under the symbol TBCG and is a constituent of the FTSE 250 Index. It is also a member of the FTSE4Good Index Series and the MSCI United Kingdom Small Cap Index.
TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia, with a total market share of 39.1% of customer loans and 39.5% of customer deposits as of 31 March 2024, according to data published by the National Bank of Georgia on the analytical tool Tableau.