Arbuthnot Banking Group (LON:ARBB) Announces Quarterly Earnings Results

Arbuthnot Banking Group (LON:ARBB) posted its quarterly earnings data on Thursday. The company reported GBX 152.30 ($1.97) 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 Trading Down 0.8 %

LON:ARBB opened at GBX 898.20 ($11.63) on Friday. The company has a market cap of £145.39 million, a price-to-earnings ratio of 4.75, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00. Arbuthnot Banking Group has a twelve month low of GBX 830 ($10.74) and a twelve month high of GBX 1,139.30 ($14.75). The stock has a fifty day simple moving average of GBX 903.61 and a 200-day simple moving average of GBX 908.23.

Arbuthnot Banking Group Increases Dividend

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

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of Arbuthnot Banking Group in a 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.