Arbuthnot Banking Group (ARBB)

Sector:

Financials

Index:

FTSE AIM 100

1,195.00p
   
  • Change Today:
    -25.00p
  • 52 Week High: 1,545.00
  • 52 Week Low: 1,060.00
  • Currency: UK Pounds
  • Shares Issued: 14.89m
  • Volume: 10,054
  • Market Cap: £177.92m
  • RiskGrade: 112

Arbuthnot profits in line with expectations

By Iain Gilbert

Date: Thursday 21 Feb 2019

LONDON (ShareCast) - (Sharecast News) - Private bank Arbuthnot continued to make "good progress" in the fourth quarter of its trading year, leading the group to expect an underlying full-year pre-tax profit in line with market expectations.
Arbuthnot told investors on Thursday that its results would also include a one-off adjustment, reducing the anticipated liability related to the management team earn out in its acquisition of Renaissance Asset Finance by approximately £2.5m and increasing its reported pre-tax profits accordingly.

However, regardless of the adjustment, Arbuthnot said RAF continued to "trade well" and has seen its customer loan balances increase by 21% during the year.

The AIM-listed firm also said its other new ventures were also making good progress - with its commercial asset-based lending division ending the year with drawn balances of £25m and issued facilities of £43m and its direct deposit platform going live earlier in the week.

As of 1200 GMT, Arbuthnot shares had slipped 1.95% to 1,260p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ARBB Market Data

Currency UK Pounds
Share Price 1,195.00p
Change Today -25.00p
% Change -2.05 %
52 Week High 1,545.00
52 Week Low 1,060.00
Volume 10,054
Shares Issued 14.89m
Market Cap £177.92m
RiskGrade 112

ARBB Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
75.59% below the market average75.59% below the market average75.59% below the market average75.59% below the market average75.59% below the market average
76.39% below the sector average76.39% below the sector average76.39% below the sector average76.39% below the sector average76.39% below the sector average
Price Trend
40.63% below the market average40.63% below the market average40.63% below the market average40.63% below the market average40.63% below the market average
24% below the sector average24% below the sector average24% below the sector average24% below the sector average24% below the sector average
Income
22.78% below the market average22.78% below the market average22.78% below the market average22.78% below the market average22.78% below the market average
67.82% below the sector average67.82% below the sector average67.82% below the sector average67.82% below the sector average67.82% below the sector average
Growth
58.18% above the market average58.18% above the market average58.18% above the market average58.18% above the market average58.18% above the market average
37.10% above the sector average37.10% above the sector average37.10% above the sector average37.10% above the sector average37.10% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ARBB Dividends

  Latest Previous
  Interim Final
Ex-Div 25-Jul-19 25-Apr-19
Paid 16-Aug-19 17-May-19
Amount 16.00p 20.00p

Trades for 16-Sep-2019

Time Volume / Share Price
16:29 173 @ 1,170.00p
15:58 30 @ 1,230.10p
13:38 123 @ 1,150.00p
13:38 105 @ 1,150.00p
13:11 1,000 @ 1,149.50p

ARBB Key Personnel

CEO Andrew Salmon

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