B.P. Marsh & Partners (LON:BPM) Announces Earnings Results

B.P. Marsh & Partners (LON:BPM) issued its earnings results on Wednesday. The insurance provider reported GBX 132.60 EPS for the quarter, Digital Look Earnings reports. B.P. Marsh & Partners had a net margin of 160.46% and a return on equity of 13.59%. The company had revenue of GBX 1,040 million for the quarter.

B.P. Marsh & Partners Price Performance

Shares of BPM stock opened at GBX 700 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 486.99 and a quick ratio of 21.03. The firm’s 50-day moving average is GBX 663.89 and its two-hundred day moving average is GBX 669. B.P. Marsh & Partners has a 12 month low of GBX 613 and a 12 month high of GBX 719.92. The company has a market capitalization of £246.81 million, a PE ratio of 2.60 and a beta of 0.20.

B.P. Marsh & Partners declared that its Board of Directors has approved a share repurchase program on Thursday, March 26th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the insurance provider to purchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In other news, insider Rebecca Ann Shelley bought 7,151 shares of B.P. Marsh & Partners stock in a transaction on Thursday, May 28th. The shares were bought at an average cost of GBX 695 per share, with a total value of £49,699.45. 47.40% of the stock is owned by company insiders.

About B.P. Marsh & Partners

B.P. Marsh & Partners PLC is a specialist venture capital / private equity investor in early stage financial services intermediary businesses, including insurance intermediaries, financial advisors, wealth and fund managers and specialist advisory and consultancy firms. It considers investment opportunities based in the United Kingdom, Europe, North America and Internationally.

The Group invests amounts of up to £5m in the first round. Investment structure is flexible and investment stage ranges from start up to more developed.