TBC Bank Group reports 1Q 2025 net profit of USD 113 million

TBC Bank Group PLC has announced strong unaudited IFRS results for Q1 2025, with operating income up 25% YoY to GEL 774 million and net profit reaching GEL 319 million. The performance was driven by robust growth in Georgia and an expanding digital banking ecosystem in Uzbekistan, now contributing 21% of Group income.

Key highlights include:

• Georgia: Net profit up 12% YoY to GEL 318 million; ROE at 23.3%
• Uzbekistan: Operating income up 118% YoY; 20 million unique users; adjusted net profit up 129% YoY
• Group ROE of 23.2%, adjusted ROE of 24.2%
• Digital engagement: 79% of consumer loans in Georgia issued fully digitally; Group digital MAU up 28% YoY

Uzbekistan remains a key growth engine with significant market share in unsecured loans and retail deposits, along with a unified structure under the new holding company TBC Digital.

The Group has also declared its first quarterly dividend of GEL 1.5 per share, reflecting strong performance and a commitment to regular shareholder returns.