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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Arbuthnot Banking Group Plc | LSE:ARBB | London | Ordinary Share | GB0007922338 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
15.00 | 1.41% | 1,080.00 | 1,050.00 | 1,110.00 | 1,130.00 | 1,050.00 | 1,090.00 | 10,346 | 16:35:15 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Commercial Banks, Nec | 139.02M | 16.46M | 1.0085 | 11.01 | 181.15M |
Date | Subject | Author | Discuss |
---|---|---|---|
28/3/2024 18:24 | "Guess I should attend the AGM" Guess you should! ;-) | pvb | |
28/3/2024 18:19 | Please, those qustions neecd answering | petewy | |
28/3/2024 17:17 | Yes all seems good at Group level, and as always BV of 1547p is eye wateringly higher than the share price However, reading on. Wealth Management loses £4m on income of £11m both this year and last (broadly) Why continue this activity? Similarly Bus and truck finance loses £3.2m on revenue of £100m considerably worse than prior year despite a positive comparison on provisions And what on earth happens in Other Divisions? How do you turn a profit of £11m into a loss of £5m? Apparently the top line falls £10m while OPEX is up £7m!!!!! I accept a one off write down of property £2.8m as part of the OPEX story Guess I should attend the AGM | makinbuks | |
28/3/2024 15:31 | A good set of results today: FINANCIAL HIGHLIGHTS Profit Before Tax of £47.1m (2022: £20.0m), an increase of 135% · Operating income increased to £178.9m (2022: £137.4m) · Average net margin of 5.7% (2022: 5.1%) · Earnings per share increased by 103% to 222.8p (2022: 109.6p) · Final dividend declared increased by 2p to 27p (2022: 25p) · Total dividend per share for the year of 46p (2022: 42p), an increase of 10% · Net assets of £252.4m (2022: £212.0m) · Year-end net assets per share of 1547p (2022: 1411p) · CET1 ratio of 13.0% (2022: 11.6%) and total capital ratio of 15.2% (2022: 14.0%), well above the Group's minimum requirements · Substantial surplus liquidity at the year-end of £962m above the regulatory minimum (2022: £535m) | pvb | |
19/10/2023 10:30 | Update less than clear I would say at first read. Going against the trend ny renting larger central London offices | makinbuks | |
18/10/2023 20:40 | trading statement in the morning chart does not look great, raised 12million early in year above these share price levels, could directors take this private, proabably would if not a bank?! | rolo7 | |
27/8/2023 19:05 | yep sold out at moment uk recession more likely. | rolo7 | |
22/8/2023 09:57 | Once again no momentum following the results | makinbuks | |
22/8/2023 09:56 | Three new directors appointed. Not clear why they are suddenly necessary. Certainly not going to be branching into Fintech with those three! | makinbuks | |
16/8/2023 09:52 | Possibly, the trouble is this share just isn't very well marketed. The results were great and we saw a nice jump but what's the next catalyst? Strategically ARB is a niche player in several banking sub sectors but that comes across as a bit confused and rather at the whim of the owner. Consolidation is quite possible and I could see ARB being taken out, possibly as a solution to Henry's retirement | makinbuks | |
15/8/2023 20:17 | Volume today more director buys or seller cleared? | rolo7 | |
06/8/2023 21:28 | Maybe some bank mergers small banks does the UK need so many banks and building society. Director age here will he decide to retire. | rolo7 | |
04/8/2023 10:42 | Agree regarding results, the question is what will cause UK banks to re-rate. Ludicrous that they don't trade closer to NTA for example | makinbuks | |
04/8/2023 06:56 | yep interest rates to remain high for longer the banks are worth a look at. next years H1 results will be stunning. | rolo7 | |
04/8/2023 06:49 | It's my top pick among the UK banks | jimbo123elf | |
27/7/2023 11:01 | Holding up well, take some coutts customers would be nice ? | rolo7 | |
19/7/2023 08:34 | Remarkable that ARBB managed to produce accounts in 18 days from period end.True that interim figures do not need an audit;but I have not seen interim figures produced so quickly.....Is this a record? | 1tx | |
18/7/2023 14:51 | Thanks well happy with results a few more shares in issue with placing to get real EPs figure though. Expecting special dividend next year!? I did email company on Friday but no reply as yet. | rolo7 | |
18/7/2023 13:14 | Arbuthnot Banking Group plc posted unaudited Interims for the HY ended 30th June this morning. Customer loans increased by 7% yoy to £2.3b., customer deposits were up 16% yoy to £3.3b. while AUM were up 6% to £1.4b. PBT increased to £26.4m for the six months to 30 June 2023 (30 June 2022: £3.4m), EPS surged to 129.4p (30 June 2022: 17.8p). Both were boosted by widening Net interest margins which have benefitted due to the rising BoE bank rate. Even higher interest rates are likely through the remainder of 2023 and 2024 suggesting that profits should remain well supported in the near term. A return to the ultra-low interest rate environment of the past decade is also unlikely suggesting that the medium-term outlook is increasingly favourable for banks. Valuation is very attractive with forward PE ratio at 4.5x comfortably top quartile for the Banking Services sector. The bank is `strengthening with CET1 capital ratio up to 12.2% from 11.4% a year earlier. Share price has spiked up 16% today and is developing some solid momentum. BUY... ...from WealthOracle | km18 | |
18/7/2023 09:54 | Well, they announced some time back that they made £4m in a month. Sir Henry put in half the £12m fundraise in February which was clearly aimed at profitable growth. That was a real sign of confidence which he didn't need to do. I've only read through the announcement once but my initial takeaways were: Very conservative lending, levels either static or down Obviously increased margins as base rates increased Increased deposits which will cost 1% more in future Further opportunities to acquire books in the secondary market Trading below asset value makes no sense, yet has persisted for as many years as I can remember. Perhaps with this interest rate cycle, and associated earnings for shareholders, we will see some value ascribed to the business itself. | makinbuks | |
18/7/2023 09:07 | Amazed by profit increase;if second half is at the same level the shares are still very inexpensive.At least my profits here cover my present loss on my holding of former associate Secure Trust Bank! | 1tx | |
18/7/2023 08:59 | Looks like rolo7 was right with his conservative FY23 estimate of £48m PBT with unadjusted £26m in the first half. | makinbuks |
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