Georgia Capital Shareholder and Market Opportunity Overview
40.00
35.00
30.00
25.00
20.00
15.00
10.00
5.00
Listed
portfolio
BANK OF GEORGIA
BANK OF GEORGIA OVERVIEW
http://bankofgeorgiagroup.com/
Stock price performance
May-18
Jun-18
Jul-18
Aug-18
Sep-18
Retail clients ('000)
Oct-18
Nov-18
Dec-18
Jan-19
Feb-19
% share of digital transactions in
total transactions
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
Feb-20
Mar-20
Apr-20
May-20
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
Selected operating metrics
31-Mar-20
Profits & ROAE
Financial metrics (GEL million)
GBP 11.00
2015
2016
2017
2018
2019
as of 31-Mar-21
NIM
7.7%
7.4%
7.3%
6.5%
5.6%
2020 1Q20 1Q21 Change
4.6%
5.0% 4.5% -0.5ppts
NPL coverage
83.4% 86.7% 92.7% 90.5% 80.9%
76.3% 147.2%
77.5% -69.7ppts
Loan portfolio
Dec-20
Jan-21
Feb-21
Mar-21
31-Mar-21
Change
2,567
2,641
2.9%
1Q20
1Q21
Change
94.2%
95.9%
1.7ppts
ROAE¹
21.9%
22.2%
25.2%
26.4%
26.1%
13.0%
-18.6%
21.5%
24.5%
20.8%
GEL million
500
370
379
296
274
295
139
Cost/income²
5,367 6,682 7,741 9,398 11,931 14,192 13,144 14,601 +11.1%
35.5% 37.7% 37.7% 36.7% 37.8% 39.7% 38.6% 35.4% -3.2ppts
GEL 14.2 billion gross loan portfolio breakdown* | 31 March 2021
Corporate loans,
GEL 4,892 million,
Loan book growth
15.9%
21.4%
34.5%
27.0%
-100
2015
2016
2017
2018
2019
2020
1Q20
1Q21
2015
2016
2017
2018
2019
2020
18.9%
Retail loans,
GEL 9,295 million,
65.5%
* Bank of Georgia Standalone.
GEORGIA
CAPITAL
Dividend record³ (GEL million)
Payout 10% 15%
ratio:
30% 36%
33% 34%
32%
30%
30%
Total dividend paid for the year
Dividend per share
1.6
Dividend per share CAGR (GEL) - 34.3%
2.55
2.44
2.08
1.92
1.68
Georgia Capital PLC | 1. 2019 ROAE is adjusted for termination costs of former CEO and executive management, while 2018 ROAE is adjusted for demerger related expenses, one-off impact of re-measurement of deferred tax balance and termination costs of the former CEO. 2. 2019
cost/income ratio adjusted for GEL 12.4 million one-off employee costs (gross of income tax) related to termination benefits of the former executive management. 3. Actual dividend per share information for 2010-2016 years are adjusted for 19.9% Bog share issuance.
1.2
122
124
0.56
98
102
72
80
0.24
51
24
2010
2011
2012
2013
2014
2015
2016
2017
2018
41View entire presentation