TBC Bank Reports Strong Q1 2026 Profit Growth and Confident Outlook
TBC Bank Group reported strong first-quarter 2026 results, highlighting continued profit growth and expansion across its core markets.
The bank posted net profit of around GEL 360–365 mln, up roughly 14–15% year-on-year, supported by higher revenues and solid lending activity.
Revenue also increased, with total income rising about 11% compared to the same period last year, reflecting strong performance in its Georgian operations and growing digital engagement.
Return on equity remained robust at around 23%, underlining the group’s profitability despite rising costs and slightly higher non-performing loans.
Management noted that while Georgia delivered strong results, operations in Uzbekistan faced regulatory challenges and slower profit growth, though recovery is expected later in 2026.
The bank also announced a quarterly dividend of GEL 1.75 per share, signalling confidence in its financial position and commitment to shareholder returns.
Overall, TBC said the results represent a «solid start» to the year, with continued focus on digital banking growth and regional expansion.
