TBC Bank Group PLC (TBCCF) Q3 2025 Earnings Call Transcript

Operator: Hello, everyone, and welcome to today’s TBC Third Quarter and 9 Months 2025 IFRS Results Conference Call. My name is Sam, and I’ll be the call moderator today. [Operator Instructions]

I’d now like to hand you over to today’s host, Andrew Keeley, Director of Investor Relations, to begin. So Andrew, please go ahead.

**Andrew Keeley
Director of Investor Relations**

Thank you very much, Sam. And welcome, everybody, to our third quarter results call.

I’m joined on today’s call by Vakhtang Butskhrikidze, our CEO; Giorgi Megrelishvili, our CFO; and Oliver Hughes, our Head of International.

As usual, we’ll have a presentation, followed by a Q&A session afterwards.

With that, I’ll hand over to Vakhtang. Thank you.

**Vakhtang Butskhrikidze
CEO & Executive Director**

Thank you, Andrew.

Hello, everyone, and thank you for joining us today. I am pleased to present another highly profitable quarter with record quarterly earnings.

As you can see, our group’s net profit in the third quarter reached GEL 368 million, up by 6% year-on-year, while return on equity was 24.4%. Our revenue growth was also very respectable, with a 7% year-on-year increase.

In Georgia, we had a strong and stable quarter with return on equity exceeding 24%, 9% growth in our loan book, and a net interest margin reaching 6%.

Over the same period, Uzbekistan’s net profit was GEL 41 million, up by 30% year-on-year, with return on equity exceeding 23%. Additionally, the loan book has almost doubled year-on-year to close to $1 billion.
https://seekingalpha.com/article/4840204-tbc-bank-group-plc-tbccf-q3-2025-earnings-call-transcript?source=feed_all_articles

How to complete A Balanced Harvest quest in Arc Raiders

A Balanced Harvest Quest Guide in Arc Raiders

The A Balanced Harvest quest in Arc Raiders takes you to one of the most heavily populated buildings on the Dam Battlegrounds map. This mission is assigned to you by Celeste, who asks you to find some research notes from that site. Although the quest seems straightforward, you will face many challenges along the way.

Additionally, the building is huge, and without knowing the exact location, finding the notes can become frustrating. This article provides a detailed guide to help you complete the A Balanced Harvest quest efficiently.

A Balanced Harvest Quest Walkthrough

The quest description states:

“Our food production is finally enough to meet our basic needs, but what we really need now is variety. I have a lead on some agricultural research from before the First Wave. Are you in?”

Here are the objectives you need to complete:

  • Go to the Research & Administration building.
  • Locate Lab 1 on the upper floor above the reception.
  • Search for any traces of the agricultural research project.

Location of the Research & Administration Building

If you’ve spent time playing the game, you might already be familiar with this area. For those who aren’t, the Research & Administration building is a popular looting site located on the eastern side of the Dam Battlegrounds map, near the Control Tower building.

This building is densely populated with both ARCs and human enemies because it has a high loot probability that attracts many players.

Where to Find Traces of the Agricultural Research Project

When you arrive at the Research & Administration building, you have two options to reach the upper floor where Lab 1 is located: using the zipline or the blue stairs.

Using the Zipline

If you choose the zipline, once you reach the top, go straight and take a right turn. Continue straight, then take a left turn onto a long pathway. On your left side, you will see the entrance to Lab 1.

Using the Stairs

If you take the blue stairs, when you reach the top floor, you will find another door. Open it and turn left to enter a long passageway. Be cautious here, as a turret is nearby. Make sure to destroy the turret so you can proceed safely.

After clearing the path, go straight until you find the Lab 1 gate with “LAB 1” written on the wall. Enter the lab, where you will find a note placed on a desk, highlighted in yellow. Collect this note to complete the objective.

Completing the Quest

Once you have the research notes, head to the nearest extraction point, which is the Swampside Elevator. Use it to return to Speranza and conclude the A Balanced Harvest mission.

Rewards for Completing A Balanced Harvest Quest

After completing the quest, you will receive the following rewards:

  • 3 x Sterilized Bandages
  • 14,000 XP

Additional Guides

Looking for more help with Arc Raiders? Check out these guides:

Are you stuck on today’s Wordle? Use our Wordle Solver to help find the answer!

https://www.sportskeeda.com/esports/how-complete-a-balanced-harvest-quest-arc-raiders

I love Scrappy, but charging $10 for a new hat on a glorified menu in Arc Raiders doesn’t sit right

Scrappy, your resource-collecting rooster, might just be my favourite addition Arc Raiders makes to the extraction formula, cutting out much of the boring low-level material grind. Naturally, I’d like to reward his hard work with some new fits—say, a cool old diving helmet. Perhaps we could have matching outfits, even? Now that would be cool.

But that’s where my heart immediately sank when I logged in to check the new store bundles—the first batch since launch. The new Scrappy diving helmet, added in the Deep Sea Bird set, costs 900 Raider tokens and includes the Scrappy outfit, an emote, and a little charm. Thankfully, all of these items can also be purchased individually, but the cool helmet costs 700 tokens by itself.

Either way you cut it, you need to purchase the 1,150 token pack for £7.79 to cover it. Of course, you’ll have tokens spare, but that’s effectively £8 for an admittedly cute hat on a rooster that only appears in the main menu very briefly. It’s not like you can interact with or even spin Scrappy around to see that JPEG hat in all its glory.

The obvious conclusion is that this bundle isn’t for me—it’s not meant for most people, really—but it’s a shame, to say the least. This bundle already costs 1,600 tokens, which is £11.68 if you’re being economical, though I imagine most players will simply buy the 2,400 token bundle for £15.49 to maximise the bonus Raider tokens the bigger the cash bundle you buy.

Given the brewing discontent I’ve already seen with the prices of the player cosmetic bundles—which currently cost upwards of 2,400 Raider tokens (requiring you to buy the matching £15.49 coin pack)—charging almost half that for what’s effectively menu customisation doesn’t sit right.

Arc Raiders is one of the biggest surprise hits this year, and I’m more than happy to support it by purchasing cool cosmetics in the long term. But having an almost identical storefront to most free-to-play games, including Embark’s own The Finals, isn’t the best look for a game that isn’t free-to-play.
https://www.pcgamer.com/games/third-person-shooter/i-love-scrappy-but-charging-usd10-for-a-new-hat-on-a-glorified-menu-in-arc-raiders-doesnt-sit-right/

What You Need To Know About The November 11 Maintenance

The post **What You Need To Know About The November 11 Maintenance** appeared on com.

# Essential: Upbit Crypto Deposits Pause
## What You Need To Know About The November 11 Maintenance

Upbit has announced a temporary pause on crypto deposits scheduled for November 11 due to planned maintenance. This maintenance is essential to improve the platform’s performance and security.

If you are an Upbit user, please take note of the following important details:

– **Maintenance Date:** November 11
– **Service Impact:** Crypto deposits will be temporarily suspended during this period
– **Reason:** Routine maintenance to enhance system stability and security

During the maintenance window, you will not be able to deposit cryptocurrencies into your Upbit account. However, other services such as trading and withdrawals (if not affected) may continue to operate normally.

We recommend planning your transactions ahead of time to avoid any inconvenience.

Stay tuned for updates and further announcements from Upbit. For more information and support, visit the official Upbit website or contact their customer service.

*Source:* [Upbit Official Announcement]
https://bitcoinethereumnews.com/tech/what-you-need-to-know-about-the-november-11-maintenance/

How to catch (and farm) Mau in Palworld

**Palworld Guide: How to Catch, Breed, and Farm Gold Coins with Mau**

If you want to gain currency faster in *Palworld*, Mau is the best early-game Pal to get. Mau is a small feline creature with an adorable Egyptian-inspired design. While it isn’t the strongest combat Pal in the game, what makes it truly special is its ability to dig up gold coins. If casual coin farming is your goal, catching a Mau as soon as possible is highly recommended.

### What is Mau?

Mau is a Dark-type Pal in *Palworld*. It features a sleek black body adorned with gold-trimmed Egyptian details. Classified as Paldeck No. 024, Mau’s standout feature is its Partner Skill called **Gold Digger**, which allows it to produce Gold Coins when assigned to a ranch.

Gold Coins are an essential in-game currency, used to purchase gear, crafting materials, and even additional Pals. This makes Mau an excellent choice for early-game Gold Coin farming.

### Mau’s Combat Abilities

Though Mau is useful for farming, it’s not a powerhouse in battle. Its main combat moves include:

– Dark Ball
– Sand Blast
– Shadow Burst

These skills make Mau suitable for early-game encounters. However, with low attack and defensive stats, Mau is generally not recommended for late-game combat challenges.

### How to Find Mau in Palworld

Mau is tricky to acquire because it does not appear in the Overworld. Instead, you must explore specific dungeons to encounter it.

#### Known Dungeon Spawn Locations:
– **Hillside Cavern** (Level 13, Island Biome)
– Can spawn both wild and Alpha variants
– **Isolated Island Cavern** (Level 13, Island Biome)
– Wild Mau spawns here
– **Ravine Grotto** (Level 19, Island Biome)
– Wild Mau spawns here

All these dungeons are low- to mid-level, allowing new players easy access. Mau’s appearance isn’t guaranteed on every run, so persistence is key. To increase your chances, exit and re-enter these dungeons repeatedly.

Inside these locations, Mau typically spawn in pairs and are very skittish. Be quick to throw your Pal Sphere to capture them before they flee.

### How to Capture Mau

– **Bring Dragon-type Pals:** Dark-type Pals like Mau are weak against Dragon-types, which will make battles easier.
– **Use Low-Damage Attacks:** Weaken Mau without defeating it outright.
– **Use Mega or Giga Spheres:** These high-tier Pal Spheres increase your capture chances.
– **Catch Multiple:** Having more than one Mau boosts your Gold Coin farming rate significantly.

### Alternate Ways to Get Mau

Since dungeon spawn rates for Mau can be unpredictable, here are other methods to acquire them:

– **Black Marketeers:** You can purchase Mau for a hefty sum of 1,000 Gold Coins (prices increase with level).
– **Dark Egg:** Hatch Mau from a Dark Egg, obtained either in the open world or through breeding. To hatch the egg, place it in an egg incubator and wait.

### How to Breed Mau

Breeding is another reliable method to obtain Mau. Place two compatible Pals in a breeding farm to produce eggs that hatch into Mau. Known breeding combinations include:

– Chikipi × Cremis / Vixy / Cattiva / Lamball
– Teafant × Lamball / Cattiva
– Mau × Lamball

Using a high-level Pal with the **Lucky** trait during breeding can result in a stronger and more efficient Mau. This is particularly beneficial if you plan to build a large-scale Gold Coin farm.

### Farming Gold Coins with Mau

Once you have captured or bred a Mau, assign it to your Ranch. This activates Mau’s **Gold Digger** Partner Skill, generating Gold Coins over time.

– **At Level 1:** Mau generates 10 Gold Coins per cycle.
– **At Higher Levels:** Gold generation can reach up to 50 Gold Coins per cycle.

You can assign multiple Maus to your Ranch to maximize Gold Coin output. Thanks to Mau’s very low food consumption rate, managing resources remains easy even with several of them.

### Final Thoughts

Catching or breeding Mau is a long-term investment that pays off by providing a steady currency supply. While capturing Mau requires dungeon crawling and patience, the time spent is well worth it for your late-game economy.

**Related Guides:**
– [All Palworld Merchant Locations, Items, and Types]
– [Everything We Know About War Thunder’s Spearhead Update]
– [Who is Ono Kensho in Duet Night Abyss?]
– [RV There Yet: Antidote and EpiPen Guide]
– [How to Get Bear Spray in RV There Yet]
– [Best Barbarian Leveling Build in Diablo 4 Season 10]
– [Fellowship: All Ascensions and Curses, Explained]

Start your Mau hunt today and boost your Gold Coin earnings in *Palworld*!
https://www.sportskeeda.com/mmo/palworld-how-catch-farm-mau-guide

US Dollar Index (DXY) picks up on risk-aversion nearing the 100.00 level

The US Dollar trimmed its losses on Friday as investors remained cautious following another sell-off on Wall Street amid ongoing concerns about a potential AI bubble.

The USD Index, which measures the value of the Dollar against a basket of major currencies, was trading at 99.85 in the early European session, recovering from weekly lows near 99.65. The Greenback found some support from risk aversion, with Asian markets echoing Wall Street’s significant losses, led primarily by sharp declines in tech stocks.

Fears of a dotcom-like crash, combined with disappointing US employment data, have sparked a flight to safety that continues to bolster demand for the US Dollar.

**Further Signs of Weakness in the US Labor Market**

In the US, two private employment reports raised fresh concerns about the labor market’s health, offsetting the moderate optimism seen after Wednesday’s ADP Employment figures.

Data released by Revelio Public Labor Statistics showed a net employment decline of 9,100 jobs in October, with public sector employment falling by 22,000 positions. Additionally, outplacement firm Challenger, Gray & Christmas reported that job cuts surged to 153,074 in October—the highest level in 22 years—as companies seek to reduce costs and adopt AI technologies.

Adding to the uncertainty, the key Nonfarm Payrolls report will be delayed for the second consecutive month due to the ongoing US government shutdown, now in its fifth week.

**What to Watch Today**

With the Nonfarm Payrolls data postponed, market attention shifts to a series of Federal Reserve (Fed) speakers scheduled to speak today. Investors will also be closely watching the preliminary Michigan Consumer Sentiment Index, which is expected to have declined slightly in November, reflecting cautious consumer outlooks amid economic challenges.
https://bitcoinethereumnews.com/finance/us-dollar-index-dxy-picks-up-on-risk-aversion-nearing-the-100-00-level/

Mickie James sends emotional message to WWE Official Nick Aldis: “Til the end”

SmackDown General Manager Nick Aldis received an emotional message from his wife, WWE legend Mickie James, as he celebrated his 39th birthday on Saturday.

The heartfelt message highlighted the special bond between the couple and added a touching moment to Aldis’s milestone celebration. Fans and fellow wrestlers alike joined in to wish the SmackDown GM a happy birthday, making the day even more memorable.
https://www.sportskeeda.com/wwe/news-mickie-james-sends-emotional-message-wwe-official-nick-aldis-til-end

What channel is Penn State vs. Michigan State hockey on today? Time, TV info

No. 3 Penn State Hockey Faces No. 1 Michigan State This Weekend

It may be early in the Big Ten college hockey season, but this weekend’s matchup between No. 3 Penn State and No. 1 Michigan State is already generating plenty of buzz and excitement. Two of the nation’s best teams will go head-to-head on Friday and Saturday for the early lead in the Big Ten standings.

Penn State’s high-scoring offense will be put to the test against a tough Michigan State defense in what could serve as a preview of a future Big Ten championship game — or possibly an NCAA tournament showdown.

Season So Far

Penn State opened Big Ten play strong by sweeping a road series against Ohio State last week. They are now 4-0 on the road this season, including a season-opening sweep at Arizona State prior to last weekend’s wins in Columbus.

In the all-time series against Michigan State, Penn State holds a narrow lead with a record of 22-20-8 and won last season’s season series against the Spartans.

Michigan State comes into the weekend with a 5-1-0 record after having the previous week off. The Spartans have already taken down No. 1 Boston University this season with a road sweep and have also defeated Northern Michigan.

Key Players to Watch

Michigan State is led by All-American defenseman Matt Basgall and goaltender Trey Augustine, both crucial to the Spartans’ strong defensive play.

Game Details & Broadcast Info

  • Date: Friday, November 7
  • Start Time: 7:00 p.m. ET
  • Location: East Lansing, Michigan
  • TV Channel: N/A
  • Livestream: B1G+

The Penn State vs. Michigan State game on Friday evening will not be airing on traditional TV. However, you can watch the game live on the Big Ten’s streaming platform, B1G+.

Penn State vs. Michigan State College Hockey Odds

Odds courtesy of BetMGM as of Thursday, November 6, 2025:

  • Spread: Penn State +1.5
  • Penn State Moneyline: +105
  • Michigan State Moneyline: -135
  • Over/Under: 6.5

Updated NCAA Ice Hockey Championship Odds

Also courtesy of BetMGM as of Thursday, November 6, 2025.

Stay tuned for what promises to be an exciting series between two top-tier collegiate hockey programs!

https://nittanylionswire.usatoday.com/story/sports/college/nittany-lions/hockey/2025/11/07/how-to-watch-penn-state-vs-msu-hockey-today-tv-streaming-info/87135121007/