TBC Bank Group PLC

OTCPK:TBCC.F Stock Report

Market Cap: US$3.3b

TBC Bank Group Management

Management criteria checks 4/4

TBC Bank Group's CEO is Vakhtang Butskhrikidze, appointed in May 2016, has a tenure of 10.08 years. total yearly compensation is GEL14.99M, comprised of 34.1% salary and 65.9% bonuses, including company stock and options. directly owns 1.81% of the company’s shares, worth $60.01M. The average tenure of the management team and the board of directors is 11.8 years and 5.1 years respectively.

Key information

Vakhtang Butskhrikidze

Chief executive officer

GEL 15.0m

Total compensation

CEO salary percentage34.05%
CEO tenure10.1yrs
CEO ownership1.8%
Management average tenure11.8yrs
Board average tenure5.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vakhtang Butskhrikidze's remuneration changed compared to TBC Bank Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

GEL 1b

Dec 31 2025GEL 15mGEL 5m

GEL 1b

Sep 30 2025n/an/a

GEL 1b

Jun 30 2025n/an/a

GEL 1b

Mar 31 2025n/an/a

GEL 1b

Dec 31 2024GEL 21mGEL 5m

GEL 1b

Sep 30 2024n/an/a

GEL 1b

Jun 30 2024n/an/a

GEL 1b

Mar 31 2024n/an/a

GEL 1b

Dec 31 2023GEL 17mGEL 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

Compensation vs Market: Vakhtang's total compensation ($USD5.66M) is about average for companies of similar size in the US market ($USD6.92M).

Compensation vs Earnings: Vakhtang's compensation has been consistent with company performance over the past year.

CEO

Vakhtang Butskhrikidze (56 yo)

10.1yrs
Tenure
GEL 14,992,000
Compensation

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

Leadership Team

NamePositionTenureCompensationOwnership
Vakhtang Butskhrikidze
CEO & Executive Director10.1yrsGEL 14.99m1.81%
$ 60.0m
Giorgi Megrelishvili
Deputy CEO & CFOno datano datano data
Anna Romelashvili
Head of Investor Relations18.3yrsno datano data
Nino Kacheishvili
Head of the Retail Loans Department13.4yrsno datano data
David Japaridze
Head of Customer Experienceno datano datano data
Alexander Iskonyan
Deputy Head of Business Analysis and Quality Assurance13.4yrsno datano data
Victor Kukhalashvili
Head of Software Development Department13.8yrsno datano data
Nikoloz Kurdiani
Chief Executive Officer of Group's Business Operations in Uzbekistan2.8yrsno datano data
Otar Nadaraia
Chief Economist8.5yrsno datano data
Nino Masurashvili
Deputy CEO and Chief Risk Officer of JSC TBC Bankno datano datano data
Gvantsa Murghvliani
Head of Human Capital Management at JSC TBC Bankno datano datano data
Bidzina Matsaberidze
Chief Information Officer at JSC TBC Bank6.4yrsno datano data
11.8yrs
Average Tenure

Experienced Management: TBCC.F's management team is seasoned and experienced (11.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vakhtang Butskhrikidze
CEO & Executive Director10.2yrsGEL 14.99m1.81%
$ 60.0m
Per Anders Fasth
Independent Non-Executive Director5.1yrsGEL 539.02kno data
Rajeev Sawhney
Independent Non-Executive Director4.6yrsGEL 487.81kno data
Monica Kalia
Independent Non-Executive Directorless than a yearGEL 72.77kno data
Arne Berggren
Independent Chairman of the Board6.8yrsGEL 1.16m0.013%
$ 424.0k
Janet Heckman
Independent Non-Executive Director3.3yrsGEL 533.63kno data
Nino Suknidze
Independent Non-Executive Director4.6yrsGEL 463.56kno data
Tsira Kemularia
Senior Independent Non-Executive Director7.8yrsGEL 503.98kno data
Eran Klein
Independent Non-Executive Director5.1yrsGEL 487.81kno data
Thymios Kyriakopoulos
Independent Non-Executive Director5.1yrsGEL 536.32k0.015%
$ 484.4k
5.1yrs
Average Tenure
58.5yo
Average Age

Experienced Board: TBCC.F's board of directors are considered experienced (5.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/23 18:48
End of Day Share Price 2026/06/18 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

TBC Bank Group PLC is covered by 9 analysts. 5 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