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Bank of Georgia - Quarterly Profitability

Net Profit (GEL mil) & ROE (%)
Banking | Georgia | March 24, 2021
$2.99
Excel Sheet

Bank of Georgia made a net profit of GEL 131 mil in the fourth quarter of 2020, down 17.2% when compared to the same period of last year. This implies a return on equity of 21.3%.

Historically, the bank’s net profit reached an all time high of GEL 158 mil in 4Q2019 and an all time low of GEL -66.8 mil in 1Q2020. The average profit in the last six quarters amounted to GEL 104 mil.

The bank generated its shareholders an average return on equity of 17.8% in the last five years with maximum at 30.2% and minimum at -12.7%.

You can see all the bank’s data at Bank of Georgia profile, or you can download a report on the bank in the report section.