TBC Bank Group (LON:TBCG) Reaches New 52-Week High – Here’s Why

TBC Bank Group PLC (LON:TBCG) reached a new 52-week high during trading on Monday . The company traded as high as GBX 5,250 and last traded at GBX 5,243.02, with a volume of 812693 shares trading hands. The stock had previously closed at GBX 5,159.79.

TBC Bank Group Stock Performance

The company’s fifty day simple moving average is GBX 4,933.47 and its two-hundred day simple moving average is GBX 4,658.28. The company has a market capitalization of £2.90 billion, a price-to-earnings ratio of 1.99, a price-to-earnings-growth ratio of 0.80 and a beta of 0.65.

TBC Bank Group (LON:TBCG) last issued its quarterly earnings results on Friday, August 7th. The company reported GBX 382.48 EPS for the quarter. TBC Bank Group had a net margin of 24.33% and a return on equity of 23.55%. Sell-side analysts anticipate that TBC Bank Group PLC will post 7.6050761 EPS for the current year.

TBC Bank Group Company Profile

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.