Arbuthnot Banking Group (LON:ARBB) Issues Earnings Results

Arbuthnot Banking Group (LON:ARBB) announced its quarterly earnings data on Thursday. The company reported GBX 152.30 ($1.96) EPS for the quarter, Digital Look Earnings reports. Arbuthnot Banking Group had a net margin of 12.76% and a return on equity of 12.11%.

Arbuthnot Banking Group Stock Performance

Shares of LON:ARBB remained flat at GBX 915 ($11.78) on Thursday. 590 shares of the company’s stock traded hands, compared to its average volume of 2,462. The company has a market cap of £148.10 million, a PE ratio of 4.84, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00. The stock’s fifty day moving average is GBX 901.29 and its 200 day moving average is GBX 908.62. Arbuthnot Banking Group has a 12-month low of GBX 830 ($10.69) and a 12-month high of GBX 1,139.30 ($14.67).

Arbuthnot Banking Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, May 5th. Shareholders of record on Thursday, May 1st will be given a dividend of GBX 69.75 ($0.90) per share. This represents a yield of 3.17%. This is a boost from Arbuthnot Banking Group’s previous dividend of $40.00. The ex-dividend date is Thursday, May 1st. Arbuthnot Banking Group’s payout ratio is 24.87%.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Arbuthnot Banking Group in a research report on Thursday, February 20th.

Arbuthnot Banking Group Company Profile

Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through nine segments: Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, Asset Alliance Group, All Other Divisions, and Group Centre segments.