TBC Bank Group (LON:TBCG) Sets New 1-Year High – Still a Buy?

TBC Bank Group PLC (LON:TBCG)’s share price reached a new 52-week high during mid-day trading on Tuesday. The company traded as high as GBX 5,495 and last traded at GBX 5,493.74, with a volume of 730,672 shares trading hands. The stock had previously closed at GBX 5,335.

TBC Bank Group Stock Up 3.3%

The firm has a market capitalization of £3.03 billion, a P/E ratio of 2.08, a price-to-earnings-growth ratio of 0.80 and a beta of 0.65. The company’s 50 day moving average is GBX 5,025.66 and its 200-day moving average is GBX 4,678.95.

TBC Bank Group (LON:TBCG) last released its quarterly earnings data on Friday, August 7th. The company reported GBX 382.48 earnings per share (EPS) for the quarter. TBC Bank Group had a net margin of 24.33% and a return on equity of 23.55%. On average, analysts predict that TBC Bank Group PLC will post 7.61 EPS for the current fiscal year.

About TBC Bank Group

TBC Bank Group PLC (“TBC PLC”) is a public limited company registered in England and Wales. TBC PLC is the parent company of JSC TBC Bank (“TBC Bank”) and a group of companies that principally operate in Georgia in the financial sector. TBC Bank, together with its subsidiaries, is a leading universal banking group in Georgia. TBC PLC also offers non-financial services via TNET, the largest digital ecosystem in Georgia. Since 2019, TBC PLC has expanded its operations into Uzbekistan by operating fast growing retail digital financial services in the country.