Dividends declared (per SOCE filings): FY2022 274,978 · FY2023 607,955 · FY2024 699,468 — 3-yr total 1,582,401
JSC Bank of Georgia is the largest commercial bank in Georgia by assets, with ~35% market share and an LSE-listed parent (Lion Finance Group, ex-BGEO). Provides full retail, SME and corporate banking nationwide, plus payments, leasing and brokerage; consistently delivers ROAE in the high-20s%.
Group parent — controls 2 companies · ownership
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| 210,204 | 731,544 | 783,573 | 764,996 | 940,883 | 1,174,611 | 1,586,000 | 1,842,747 | +36.4% | |
| Net fee and commission income | 116,270 | 129,524 | 152,282 | 136,239 | 188,336 | 261,420 | 340,672 | 387,808 | +18.8% |
| 1,478 | 124,782 | 101,152 | 100,334 | 108,561 | 461,998 | 370,847 | 446,942 | nmf | |
| Net other income | 9,396 | 833 | 18,135 | 23,200 | 30,481 | 14,173 | 19,091 | 23,226 | +13.8% |
| Operating income | 337,348 | 985,017 | 1,055,142 | 1,024,769 | 1,268,261 | 1,912,202 | 2,316,610 | 2,700,723 | +34.6% |
| 322,335 | 443,648 | 398,315 | 428,251 | 446,043 | 580,753 | 601,253 | 778,540 | +13.4% | |
| Profit / (loss) from associates | 0 | 1,339 | 789 | 782 | 3,781 | 819 | 984 | 293,070 | nmf |
| Operating income before cost of risk | 15,013 | 542,708 | 657,616 | 597,300 | 818,437 | 1,332,268 | 1,716,341 | 2,215,253 | nmf |
| Cost of risk | 475 | 119 | 553 | 270,027 | 189 | 149,657 | 123,654 | 87,781 | nmf |
| Profit before income tax | 366,747 | 400,107 | 569,344 | 327,273 | 818,626 | 1,182,611 | 1,592,687 | 2,127,472 | +28.5% |
| Income tax expense | 27,840 | 56,579 | 56,457 | 20,775 | 74,815 | 190,607 | 258,968 | 289,573 | +39.7% |
| Profit | 338,907 | 343,528 | 512,887 | 306,498 | 743,811 | 992,004 | 1,333,719 | 1,837,899 | +27.3% |
| Net profit margin | 100.5% | 34.9% | 48.6% | 29.9% | 58.6% | 51.9% | 57.6% | 68.1% |
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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