TBC Bank Group PLC

LSE:TBCG Stock Report

Market Cap: UK£1.7b

TBC Bank Group Management

Management criteria checks 2/4

TBC Bank Group's CEO is Vakhtang Butskhrikidze, appointed in May 2016, has a tenure of 8.58 years. total yearly compensation is GEL14.98M, comprised of 21.2% salary and 78.8% bonuses, including company stock and options. directly owns 1.68% of the company’s shares, worth £29.24M. The average tenure of the management team and the board of directors is 10.3 years and 3.6 years respectively.

Key information

Vakhtang Butskhrikidze

Chief executive officer

GEL 15.0m

Total compensation

CEO salary percentage21.2%
CEO tenure8.6yrs
CEO ownership1.7%
Management average tenure10.3yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

Is Now The Time To Put TBC Bank Group (LON:TBCG) On Your Watchlist?

Jan 11
Is Now The Time To Put TBC Bank Group (LON:TBCG) On Your Watchlist?

Does TBC Bank Group (LON:TBCG) Deserve A Spot On Your Watchlist?

Sep 15
Does TBC Bank Group (LON:TBCG) Deserve A Spot On Your Watchlist?

With EPS Growth And More, TBC Bank Group (LON:TBCG) Makes An Interesting Case

May 31
With EPS Growth And More, TBC Bank Group (LON:TBCG) Makes An Interesting Case

With EPS Growth And More, TBC Bank Group (LON:TBCG) Makes An Interesting Case

Feb 04
With EPS Growth And More, TBC Bank Group (LON:TBCG) Makes An Interesting Case

With EPS Growth And More, TBC Bank Group (LON:TBCG) Makes An Interesting Case

Jul 26
With EPS Growth And More, TBC Bank Group (LON:TBCG) Makes An Interesting Case

TBC Bank Group PLC (LON:TBCG) First-Quarter Results: Here's What Analysts Are Forecasting For This Year

May 21
TBC Bank Group PLC (LON:TBCG) First-Quarter Results: Here's What Analysts Are Forecasting For This Year

Here's Why I Think TBC Bank Group (LON:TBCG) Is An Interesting Stock

Dec 28
Here's Why I Think TBC Bank Group (LON:TBCG) Is An Interesting Stock

With EPS Growth And More, TBC Bank Group (LON:TBCG) Is Interesting

Aug 20
With EPS Growth And More, TBC Bank Group (LON:TBCG) Is Interesting

Read This Before Buying TBC Bank Group PLC (LON:TBCG) Shares

Mar 15
Read This Before Buying TBC Bank Group PLC (LON:TBCG) Shares

TBC Bank Group's (LON:TBCG) Stock Price Has Reduced 25% In The Past Three Years

Jan 20
TBC Bank Group's (LON:TBCG) Stock Price Has Reduced 25% In The Past Three Years

Have TBC Bank Group PLC (LON:TBCG) Insiders Been Selling Their Stock?

Nov 26
Have TBC Bank Group PLC (LON:TBCG) Insiders Been Selling Their Stock?

CEO Compensation Analysis

How has Vakhtang Butskhrikidze's remuneration changed compared to TBC Bank Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

GEL 1b

Jun 30 2024n/an/a

GEL 1b

Mar 31 2024n/an/a

GEL 1b

Dec 31 2023GEL 15mGEL 3m

GEL 1b

Sep 30 2023n/an/a

GEL 1b

Jun 30 2023n/an/a

GEL 1b

Mar 31 2023n/an/a

GEL 1b

Dec 31 2022GEL 6mGEL 3m

GEL 995m

Sep 30 2022n/an/a

GEL 974m

Jun 30 2022n/an/a

GEL 860m

Mar 31 2022n/an/a

GEL 874m

Dec 31 2021GEL 7mGEL 3m

GEL 801m

Sep 30 2021n/an/a

GEL 703m

Jun 30 2021n/an/a

GEL 649m

Mar 31 2021n/an/a

GEL 526m

Dec 31 2020GEL 3mGEL 3m

GEL 318m

Sep 30 2020n/an/a

GEL 378m

Jun 30 2020n/an/a

GEL 352m

Mar 31 2020n/an/a

GEL 347m

Dec 31 2019GEL 5mGEL 3m

GEL 538m

Sep 30 2019n/an/a

GEL 508m

Jun 30 2019n/an/a

GEL 490m

Mar 31 2019n/an/a

GEL 473m

Dec 31 2018GEL 9mGEL 2m

GEL 435m

Sep 30 2018n/an/a

GEL 400m

Jun 30 2018n/an/a

GEL 379m

Mar 31 2018n/an/a

GEL 355m

Dec 31 2017GEL 11mGEL 3m

GEL 354m

Compensation vs Market: Vakhtang's total compensation ($USD5.33M) is above average for companies of similar size in the UK market ($USD2.38M).

Compensation vs Earnings: Vakhtang's compensation has increased by more than 20% in the past year.

CEO

Vakhtang Butskhrikidze (54 yo)

8.6yrs

Tenure

GEL 14,975,000

Compensation

Mr. Vakhtang Butskhrikidze serves as the Chief Executive Officer of TBC Bank Group PLC since May 2016. Mr. Butskhrikidze serves as Chief Executive Officer and Member of Management Board of JSC TBC Bank. Mr...

Leadership Team

NamePositionTenureCompensationOwnership
Vakhtang Butskhrikidze
CEO & Executive Director8.6yrsGEL 14.98m1.68%
£ 29.2m
Giorgi Megrelishvili
Deputy CEO & CFO4.2yrsno datano data
Bidzina Matsaberidze
Chief Information Officerno datano datano data
Anna Romelashvili
Head of Investor Relations16.8yrsno datano data
Gvantsa Murghvliani
Head of HRno datano datano data
Nino Kacheishvili
Head of the Retail Loans Department11.9yrsno datano data
David Japaridze
Head of Customer Experienceno datano datano data
Alexander Iskonyan
Deputy Head of Business Analysis and Quality Assurance11.9yrsno datano data
Victor Kukhalashvili
Head of Software Development Department12.3yrsno datano data
Nikoloz Kurdiani
Chief Executive Officer of Group's Business Operations in Uzbekistan1.3yrsno datano data
Otar Nadaraia
Chief Economist7yrsno datano data
Tornike Gogichaishvili
Deputy CEO of Retail & MSME Bankingno datano datano data

10.3yrs

Average Tenure

Experienced Management: TBCG's management team is seasoned and experienced (10.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vakhtang Butskhrikidze
CEO & Executive Director8.6yrsGEL 14.98m1.68%
£ 29.2m
Per Anders Fasth
Independent Non-Executive Director3.6yrsGEL 422.80kno data
Rajeev Sawhney
Independent Non-Executive Director3.1yrsGEL 414.72kno data
Arne Berggren
Independent Chairman of the Board5.3yrsGEL 958.71k0.013%
£ 219.8k
Janet Heckman
Independent Non-Executive Director1.8yrsGEL 342.01kno data
Nino Suknidze
Independent Non-Executive Director3.1yrsGEL 395.87kno data
Tsira Kemularia
Senior Independent Non-Executive Director6.3yrsGEL 438.96kno data
Eran Klein
Independent Non-Executive Director3.6yrsGEL 414.72kno data
Thymios Kyriakopoulos
Independent Non-Executive Director3.6yrsGEL 414.72k0.014%
£ 251.3k

3.6yrs

Average Tenure

59yo

Average Age

Experienced Board: TBCG's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 11:15
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TBC Bank Group PLC is covered by 16 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ivan BokhmatBarclays
Andreas MarkouBerenberg
Olga VeselovaBofA Global Research