Arbuthnot Banking Group (ARBB)

Sector:

Financials

Index:

FTSE AIM 100

 1,300.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 1,390.00
  • 52 Week Low: 1,040.00
  • Currency: UK Pounds
  • Shares Issued: 14.89m
  • Volume: 0
  • Market Cap: £193.56m
  • RiskGrade: 107

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 1,300.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 1,390.00
52 Week Low 1,040.00
Volume 0
Shares Issued 14.89m
Market Cap £193.56m
RiskGrade 107

ARBB Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.97% below the market average78.97% below the market average78.97% below the market average78.97% below the market average78.97% below the market average
82.09% below the sector average82.09% below the sector average82.09% below the sector average82.09% below the sector average82.09% below the sector average
Price Trend
1.89% below the market average1.89% below the market average1.89% below the market average1.89% below the market average1.89% below the market average
5.48% above the sector average5.48% above the sector average5.48% above the sector average5.48% above the sector average5.48% above the sector average
Income
18.5% below the market average18.5% below the market average18.5% below the market average18.5% below the market average18.5% below the market average
62.96% below the sector average62.96% below the sector average62.96% below the sector average62.96% below the sector average62.96% below the sector average
Growth
59.90% above the market average59.90% above the market average59.90% above the market average59.90% above the market average59.90% above the market average
43.80% above the sector average43.80% above the sector average43.80% above the sector average43.80% above the sector average43.80% 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 --2020

Time Volume / Share Price
0 @ 0.000p

ARBB Key Personnel

CEO Andrew Salmon

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