|Bid||1,546.00 x 0|
|Ask||1,550.00 x 0|
|Day's range||1,530.00 - 1,560.00|
|52-week range||1,220.00 - 1,777.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||1.44 (9.28%)|
|Ex-dividend date||30 May 2019|
|1y target est||N/A|
This week we saw the Bank of Georgia Group PLC (LON:BGEO) share price climb by 11%. But that doesn't change the fact...
The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...
London-listed Bank of Georgia's first-quarter adjusted earnings jumped 10.4% as lending rose supported by a robust economy, but its net interest margin shrunk as new rules hit unsecured consumer lending. The lender said adjusted net profit rose to 112.2 million laris ($41.07 million) for the three months ended March 31 from 101.7 million laris reported a year earlier. In comparison, Georgia's biggest retail lender and Bank of Georgia's main rival TBC Bank Group reported a surge in first-quarter profit this week, helped by a strong loan book.
Georgia's largest retail lender TBC Bank Group said on Monday that first-quarter earnings surged 36.7 percent, the biggest jump in seven quarters, as its loan book grew on the back of a stable economy. The bank, which listed in London in 2016 to gain more access to a global investor base, said net profit advanced to 133.3 million laris ($48.83 million), for the three months ended March 31, from 97.5 million laris reported a year earlier. TBC, which serves retail, corporate and small and medium-sized enterprise customers across the country, said gross loans and advances to customers rose 22.9 percent to 10.37 billion laris from last year.
Bank of Georgia Group Plc expects around 15 percent growth both in profit and lending in the medium term and feels confident in its capital adequacy position, the bank's chief executive said. The bank, one of the leading banking groups in the country, reported 14.5 percent growth in revenue in 2018 and 25.1 percent growth in profit before non-recurring items and tax. Net profit was up 5.5 percent.
Georgia's biggest retail bank TBC Bank Group Plc reported a 21.5 percent jump in full-year earnings on Thursday and took action to resolve a dispute with the country's central bank over its corporate bank subsidiary. TBC, which serves retail, corporate and small and medium-sized enterprise customers across the country, said profit rose to 437.4 million lari ($165.24 million) in the 12 months ended Dec (Shanghai: 600875.SS - news) . TBC's corporate division, TBC Bank JSC, said it would pay about 1 million lari to the National Bank (Athens: ETEE.AT - news) of Georgia related to an investigation into certain transactions.
Bank of Georgia Group Plc reported an 11.8 percent jump in annual profit on higher lending thanks to a growing Georgian economy, but warned that growth of unsecured consumer loans would moderate on the back of some newer rules. Georgia's economy slowed marginally in 2018 but still grew 4.8 percent, helping the Tbilisi-based bank, which offers retail, corporate and investment banking, and wealth management, to report 22.2 percent growth in its loan book to 9.40 billion laris ($3.57 billion). Pretax profit rose to 437.5 million laris ($166.10 million), for the 12 months ended Dec (Shanghai: 600875.SS - news) .
(Adds company news items and futures) Feb 19 (Reuters) - Britain's FTSE 100 index is seen opening 8 points higher at 7,228 on Tuesday, according to financial bookmakers, while FTSE 100 futures were down ...
Bank of Georgia Group Plc reported an 11.8 percent jump in annual profit on higher lending thanks to a growing Georgian economy, but warned that growth of unsecured consumer loans would moderate on the ...