TBC Bank Group PLC (TBCG) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome everyone to the TBC 4Q and FY 2025 IFRS results conference call. My name is Becky and I will be your operator today. All lines will be muted throughout the presentation portion of the call with a chance for Q&A at the end. If you wish to ask a question during the webinar, please use the raise hand button if you've joined the call via Zoom. If you've joined us on the phone lines, please press star followed by one on your telephone keypad. You can also submit any text questions via the Zoom chat box on your webinar. I will now hand over to your host, Andrew Keeley, Director of Investor Relations, to begin. Please go ahead. Thanks very much, Becky, and welcome, everybody, to TBC Group's 4Q and Full Year 2025 results call. It's great to have you with us today. As usual, I'm joined on the call today by our Group CEO, Vaktan Butskirakidze. our Group CFO, Gyorgy Megrelisvili, and we'll also be joined for Q&A by Oliver Hughes, our Head of International Business. We'll also start with a presentation from Vaktan and Gyorgy, and then go to Q&A. And with that, I'll hand over to Vaktan. Thank you. Thank you, Andrew. Hello, everyone, and thank you for joining us today. I am pleased to present our results for the first quarter and the full year of 2025. Overall, we had a very good final quarter, bringing 2025 to a successful conclusion. For the full year, the group delivered over 1.4 billion lari net profit, up by 9% year-on-year, with 24.2% return of equity. As for the final quarter, it was a record quarter in which we also printed our highest return of equity of the year, with almost 390 million lari net profit, and 24.9% return of equity. It was an excellent final quarter for our core Georgian franchise, with net profit up by 15% year-on-year and 25.7% return o...