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

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

ARBB stock opened at GBX 898.20 ($11.63) on Friday. The firm has a 50 day moving average of GBX 903.61 and a 200 day moving average of GBX 908.23. The stock has a market capitalization of £145.39 million, a PE ratio of 4.75, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00. Arbuthnot Banking Group has a 52 week low of GBX 830 ($10.74) and a 52 week high of GBX 1,139.30 ($14.75).

Arbuthnot Banking Group Increases Dividend

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

Analyst Ratings Changes

Separately, Shore Capital restated 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.