Arbuthnot Banking Group (LON:ARBB) Issues Earnings Results

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

Arbuthnot Banking Group Price Performance

LON ARBB remained flat at GBX 915 ($11.78) on Thursday. 590 shares of the company were exchanged, compared to its average volume of 2,462. The stock’s fifty day moving average price is GBX 901.29 and its two-hundred day moving average price is GBX 908.62. The firm has a market cap of £148.10 million, a price-to-earnings ratio of 4.84, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00. 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. Investors of record on Thursday, May 1st will be given a GBX 69.75 ($0.90) dividend. This is a boost from Arbuthnot Banking Group’s previous dividend of $40.00. This represents a yield of 3.17%. The ex-dividend date is Thursday, May 1st. Arbuthnot Banking Group’s payout ratio is currently 24.87%.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated 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.