TBC Bank Group (TBCG) Investor presentation summary

Financial performance and profitability

• Achieved FY 2025 net profit of GEL 1,420 mln, up 9% YoY, with ROE at 24.2% and 4Q ROE at 24.9%.

• Operating income rose 20% YoY to GEL 3,390 mln, driven by 23% YoY growth in net interest income in 4Q.

• Cost-to-income ratio improved to 37.3% in 4Q, with operating expenses up 10% YoY.

• NIM increased by 30bps to 7% in 2025, reflecting improved asset yields.

• Final dividend of GEL 3.87 DPS, total 2025 DPS at GEL 8.87, up 10% YoY, subject to AGM approval.

Business growth and digital transformation

• Digital monthly active users reached 7.3 mln, surpassing the 2025 target.

• Loans grew 12% YoY to GEL 30.2 bln; deposits up 13% YoY to GEL 25.4 bln.

• Digital engagement in Georgia increased, with 1.3 mln digital MAU, up 24% YoY.

• TBC Uzbekistan scaled to 6 mln digital MAU, with operating income up 24% YoY.

• Retail digital channels and AI-powered tools enhanced customer acquisition and operational efficiency.

Market position and segment performance

• Maintained leading market shares in Georgia: 37% in loans and deposits.

• Retail, CIB, and MSME segments all showed double-digit loan and deposit growth.

• Uzbekistan's retail loan market share rose to 4.2% and deposit share to 3.8% by end-2025.

• Uzbekistan contributed 9% of group net profit and 20% of operating income in 2025.

• High collateralization in Georgia, with 74% of loans secured by cash, gold, or real estate.