The latest update is out from TBC Bank ( (GB:TBCG) ).
TBC Bank Group PLC announced its preliminary unaudited consolidated financial results for the fourth quarter and full year 2024, reporting a net profit increase of 15% year-on-year, reaching GEL 1.3 billion with a return on equity of 25.6%. The results reflect strong growth in net interest income and net fee and commission income, underscoring TBC Bank’s robust operational performance and solid positioning in the financial sector, despite challenges such as economic developments in Georgia and Uzbekistan, and global economic conditions.
More about TBC Bank
TBC Bank Group PLC is a financial services company operating in the banking industry, mainly offering banking products and services. The company is focused on markets in Georgia and Uzbekistan, providing a range of financial solutions to its customers.
YTD Price Performance: 18.43%
Average Trading Volume: 81,396
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.02B
For an in-depth examination of TBCG stock, go to TipRanks’ Stock Analysis page.