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Dividends declared (per SOCE filings): FY2022 776 · FY2023 776 · FY2024 774 — 3-yr total 2,326
JSC Liberty Bank is Georgia's third-largest bank, focused on mass-retail banking and the country's largest physical branch network (especially across regional and rural areas). Holds the exclusive contract to distribute state pensions and social benefits to ~1m Georgian beneficiaries.
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| 73,433 | 182,544 | 165,647 | 155,827 | 219,420 | 250,010 | 287,623 | 333,572 | +24.1% | |
| Net fee and commission income | 26,885 | 22,998 | 22,200 | 19,493 | 20,221 | 28,920 | 28,183 | 24,952 | -1.1% |
| 0 | 4,627 | 10,221 | 7,947 | 1,407 | 6,298 | 13,698 | 22,459 | +30.1% | |
| 1,072 | 0 | 0 | 1,079 | 0 | 0 | 0 | 0 | nmf | |
| Operating income | 101,390 | 210,169 | 198,068 | 182,188 | 238,234 | 285,228 | 329,504 | 380,983 | +20.8% |
| 42,654 | 109,619 | 133,087 | 144,837 | 158,561 | 173,572 | 195,483 | 230,512 | +27.3% | |
| Profit / (loss) from associates | 304 | 695 | 35 | 452 | 0 | 0 | 0 | 0 | +14.1% |
| Operating income before cost of risk | 59,040 | 101,245 | 65,016 | 37,803 | 79,673 | 111,656 | 134,021 | 150,471 | +14.3% |
| Cost of risk | 0 | 75 | 11 | 50,138 | 34,216 | 25,940 | 37,985 | 31,459 | nmf |
| Profit before income tax | 58,800 | 65,425 | 38,770 | 12,335 | 45,457 | 85,716 | 96,036 | 119,012 | +10.6% |
| Income tax expense | 5,786 | 8,225 | 1,857 | 7,424 | 3,106 | 22,431 | 14,989 | 15,655 | +15.3% |
| Profit | 53,014 | 57,200 | 36,913 | 4,911 | 42,351 | 63,285 | 81,047 | 103,357 | +10.0% |
| Net profit margin | 52.3% | 27.2% | 18.6% | 2.7% | 17.8% | 22.2% | 24.6% | 27.1% |
Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.
Ownership & directors from companyinfo.ge (public corporate registry).
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