Curtis Banks Group (CBP)

Sector:

Financials

Index:

FTSE AIM All-Share

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322.00p
   
  • Change Today:
      1.00p
  • 52 Week High: 334.00
  • 52 Week Low: 260.00
  • Currency: UK Pounds
  • Shares Issued: 53.81m
  • Volume: 457
  • Market Cap: £173.26m
  • RiskGrade: 101

Curtis Banks gets boost from Suffolk Life acquisition

By Iain Gilbert

Date: Monday 04 Sep 2017

LONDON (ShareCast) - (ShareCast News) - Curtis Banks Group announced on Monday that the number of SSIPs under administration grew to over 75,000 in the first half thanks to a full-period of contributions from its January 2016 acquisition of Suffolk Life Group.
Assets under administration rose to £23.10m from £17.90m and operating revenue gained 98% in the year to £21.4m.

While profit before tax, amortisation and non-recurring grew by 85% to £5m from the £2.7m it posted a year earlier, it was down 34% from the £7.1m it posted on 31 December.

The interim dividend was increased 50% to 1.5p per share as basic earnings per share jumped by 102% to 6.10p from 1.96p.

Of the results, chief executive Rupert Curtis said "The integration of Suffolk Life continues apace and we have established a group management committee and new group brand. We have also made considerable progress in rationalising our office network and delivering efficiencies. As in previous years, we expect performance will be weighted towards the second half of the year and we remain confident about delivering further profitable growth in the future."

As of 1700 BST, shares were down 3.60% to 272.69p.

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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.

 

CBP Market Data

Currency UK Pounds
Share Price 322.00p
Change Today 1.00p
% Change 0.31 %
52 Week High 334.00
52 Week Low 260.00
Volume 457
Shares Issued 53.81m
Market Cap £173.26m
RiskGrade 101

CBP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.68% below the market average81.68% below the market average81.68% below the market average81.68% below the market average81.68% below the market average
80.69% below the sector average80.69% below the sector average80.69% below the sector average80.69% below the sector average80.69% below the sector average
Price Trend
75.90% above the market average75.90% above the market average75.90% above the market average75.90% above the market average75.90% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Income
33.46% below the market average33.46% below the market average33.46% below the market average33.46% below the market average33.46% below the market average
43.9% below the sector average43.9% below the sector average43.9% below the sector average43.9% below the sector average43.9% below the sector average
Growth
46.29% above the market average46.29% above the market average46.29% above the market average46.29% above the market average46.29% above the market average
35.48% above the sector average35.48% above the sector average35.48% above the sector average35.48% above the sector average35.48% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 2
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CBP Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-19 11-Oct-18
Paid 23-May-19 15-Nov-18
Amount 6.00p 2.00p

Trades for 19-Jun-2019

Time Volume / Share Price
15:48 117 @ 320.74p
14:41 333 @ 334.00p
11:25 7 @ 326.00p

CBP Key Personnel

CEO Rupert Curtis
CFO Paul James Tarran

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