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Bank of Georgia Group Plc (GB:BGEO)
LSE:BGEO
Earnings Data
Report Date
May 14, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
576.58Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: 8.29%
|Next Earnings Date:May 14, 2025
Earnings Call Sentiment|Positive
The earnings call highlights significant achievements in profitability, economic resilience, and digital banking advancements, alongside strategic growth from the Ameriabank acquisition. However, geopolitical tensions and capital concerns in Armenia present challenges.Company Guidance
In the recent earnings call for Lion Finance Group PLC, the company reported strong financial metrics for the fiscal year 2024. The Group achieved a record adjusted profit of GEL 1.8 billion, marking a 32% increase from 2023, with significant contributions from Armenian Financial Services, which now account for 26% of the Group's total assets. The return on equity was reported at 30%, while the cost-to-income ratio was below 35%. The loan portfolio showed robust health with a cost of credit risk ratio at 0.5% for the year. Furthermore, the Georgian economy grew by 9.5% year-on-year and the Armenian economy by 5.9%, with projections for growth to stabilize at around 5% in both countries. The company also highlighted its digital achievements, including being recognized as the world's Best Digital Bank, with significant growth in monthly active users and engagement across its digital platforms.Record Adjusted Profit
Lion Finance Group PLC achieved a record adjusted profit for the full year of GEL 1.8 billion, representing a 32% increase compared to 2023, with a return on equity of 30%.
Strong Macroeconomic Performance
The Georgian economy increased by 9.5% year-on-year, while the Armenian economy grew by 5.9%. Both economies showed resilience despite geopolitical challenges.
Digital Banking Achievements
The group was recognized as the world's Best Digital Bank by Global Finance, with significant growth in mobile application users: 17.5% growth in individual users and 18.9% in business users.
Acquisition of Ameriabank
Ameriabank, the number one bank in Armenia, was consolidated, contributing 26% to the Group's total assets. Ameriabank's standalone profitability was GEL 411 million.
Loan Portfolio Growth
The loan portfolio in Georgia grew by 19%, while Ameriabank saw a growth of over 30%.
Shareholder Returns
The company announced a dividend per share of GEL 9 and a new buyback of GEL 107.7 million, with a share count reduction by almost 10% over the last three years.
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GB:BGEO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:BGEO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | 5310.00p | 5420.00p | +2.07% |
| Nov 12, 2024 | 4830.00p | 4825.00p | -0.10% |
| Aug 22, 2024 | 4214.53p | 4224.28p | +0.23% |
| May 29, 2024 | 3699.03p | 3618.93p | -2.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Bank of Georgia Group Plc (GB:BGEO) report earnings?
Bank of Georgia Group Plc (GB:BGEO) is schdueled to report earning on May 14, 2025, TBA Not Confirmed.
What is Bank of Georgia Group Plc (GB:BGEO) earnings time?
Bank of Georgia Group Plc (GB:BGEO) earnings time is at May 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Bank of Georgia Group Plc stock?
The P/E ratio of Bank of Georgia Group Plc is N/A.
What is GB:BGEO EPS forecast?
Currently, no data Available
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