TBC Bank Group PLC (TBCG.L) Friday reported profit before tax of GEL 390.29 million for the second quarter, higher than from GEL 349.27 million in the same quarter a year ago, primarily driven by rise in net interest income as well as net fee and commission income.
Operating income rose to GEL 678.43 million from GEL 586.77 million last year.
Net profit increased to GEL 329.3 million from GEL 293.09 million a year ago.
Net interest income grew 14.7 percent to GEL 458.11 million from GEL 399.34 million last year, while net fee and commission income rose to GEL 123.4 million from GEL 105.64 million.
The Board has declared an interim dividend of GEL 2.55 per share, payable in November 2024.
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