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TBCG - TBC Bank News Story

990p 5.0  0.5%

Last Trade - 25/09/20

Sector
Financials
Size
Mid Cap
Market Cap £546.0m
Enterprise Value £1.37bn
Revenue £307.1m
Position in Universe 493rd / 1808

BRIEF-TBC Bank Says Q1 Net Profit Amounted To GEL 97.5 Mln

Thu 17th May, 2018 7:25am
May 17 (Reuters) - TBC Bank Group PLC  TBCG.L :
    * REITERATE MEDIUM-TERM TARGETS: ROE OF ABOVE 20%, COST TO
INCOME
RATIO BELOW 40%, DIVIDEND PAY-OUT RATIO OF 25-35%, LOAN BOOK
GROWTH AT AROUND 15%
    * Q1 NET PROFIT AMOUNTED TO GEL 97.5 MILLION VERSUS GEL 96.6
MILLION IN Q1 2017
    * Q1 NET INTEREST INCOME OF GEL 175.4 MILLION VERSUS GEL
142.3
MILLION YEAR AGO
    * Q1 NET INTEREST MARGIN (NIM) STOOD AT 6.9% VERSUS 6.6
PERCENT IN
Q1 2017
    * GROSS LOANS AND ADVANCES TO CUSTOMERS STOOD AT GEL 8,432.9
MILLION AS OF 31 MARCH 2018, UP BY 18.4% YOY

Source text for Eikon:  ID:nRSQ3584Oa 
Further company coverage:  TBCG.L 

 (Reuters.Briefs@thomsonreuters.com)
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