TBC Bank Group Announces 4Q and FY 2025 Preliminary
Unaudited Consolidated Financial Results1
4Q 2025 profit of GEL 387 million, up by 16% YoY, with ROE at 24.9%.
FY 2025 profit of GEL 1,420 million, up by 9% YoY, with ROE at 24.2%.
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.
The financial information contained in this document does not constitute statutory accounts for the years ended 31 December 2025 and 31 December 2024 within the meaning of section 435 of the Companies Act 2006 (the Act), however, it has been derived from the draft financial statements and the audited financial statements respectively. The statutory accounts for the year ended 31 December 2025 will be published on the Group’s website and will be delivered to the Registrar of Companies in accordance with section 441 of the Act. The auditor’s report on those accounts is expected to be unqualified. The statutory accounts for the year ended 31 December 2024 have been filed with the Registrar of Companies, and the auditor’s report on those accounts was unqualified, did not draw attention to any matters by way of emphasis and did not include a statement under sections 498(2) or 498(3) of the Act.
TBC Bank Group PLC today publishes its preliminary unaudited consolidated financial results for 4Q and FY 2025. The management team will host a conference call at 2.00 PM GMT today.
To join the live conference call, please register using the following link:
https://www.netroadshow.com/events/login/LE9zwo4AFRIVHQ2FoU5gzFU8gyeCGzf1pUz
You will receive access details via email.
Vakhtang Butskhrikidze, CEO of TBC Bank Group, commented on the results:
“I am pleased to report a strong final quarter for the year, building on the momentum gained over the previous quarters and resulting in an impressive full-year performance. In 4Q 2025, our net profit reached GEL 387 million, up 16% year-on-year, with ROE of 24.9%, while the net profit for the full year 2025 amounted to GEL 1,420 million, up by 9% year-on-year, and a ROE of 24.2%.
Our strong and consistent performance, supported by a robust capital position, enables us to continue returning capital to shareholders. As a result, the Board has recommended a final dividend of GEL 3.87 per share, subject to AGM approval, bringing the total dividend per share for 2025 to GEL 8.87, an increase of 10% year-on-year. Together with the GEL 75 million share buyback, total capital returns to shareholders in 2025 amount to GEL 564 million, representing 40% of net profit.
I would like to welcome all of our shareholders and investors interested to hear more about our story to our upcoming Strategy Day on Tuesday February 24th, to be held in New York and online via webcast. This event will feature presentations by senior management from across the group, outlining our future plans in both Georgia and Uzbekistan, and will also provide updated financial targets. We look forward to hosting you next week.”
(1) FY 2025 financial results include a non-recurring credit impairment charge of GEL 24.6 mln (pre-tax) in Uzbekistan
Financial Highlights
Income statement
Balance sheet
*Excludes MOF deposits
Key ratios
Operational Highlights
Customer base
The methodology for calculating registered users in Uzbekistan was revised starting from 4Q 2024
Uzbekistan - key highlights
1
Additional Information Disclosure
The following materials are disclosed on our Investor Relations website at www.tbcbankgroup.com under Results Center section:
- 4Q and FY 2025 Results Report
- 4Q and FY 2025 Results Call Presentation
- 4Q and FY 2025 Results Investor Presentation
- TBC Uzbekistan FY 2025 Update
- 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’s mission is to make people’s lives easier by providing digitally-led financial services to retail and corporate customers. TBC Bank Group PLC ("TBC PLC") is a public limited company registered in England and Wales and is the parent company of TBC Bank Georgia and TBC Uzbekistan.
TBC Bank Georgia, together with its subsidiaries, is the leading financial services group in Georgia, with a total market share of 37.3% of customer loans and 37.1% of customer deposits as of 31 December 2025, according to data published by the National Bank of Georgia.
TBC Uzbekistan is the leading digital banking ecosystem in Central Asia with 23 mln registered users that includes TBC Bank Uzbekistan, the country’s largest mobile-only bank, Payme, a leading digital payments app for individuals and small businesses, and Payme Nasiya, an instalment credit business.
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.