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

Arbuthnot Banking Group (LON:ARBB) released its earnings results on Tuesday. The company reported GBX 49.90 earnings per share for the quarter, Digital Look Earnings reports. Arbuthnot Banking Group had a return on equity of 6.84% and a net margin of 6.41%.

Arbuthnot Banking Group Trading Up 0.2%

Shares of LON:ARBB opened at GBX 832 on Thursday. The company has a market capitalization of £135.78 million, a PE ratio of 7.63, a P/E/G ratio of 0.38 and a beta of 0.46. Arbuthnot Banking Group has a 12-month low of GBX 799 and a 12-month high of GBX 1,130. The business’s fifty day simple moving average is GBX 831.54 and its 200-day simple moving average is GBX 859.51.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Tuesday.

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. The company offers private and commercial banking services, including current and deposit accounts, loans, overdrafts, guarantees, and foreign exchange; financial planning; investment and asset management; asset finance funding; property finance; asset based lending, deposits, and specialist finance; and other finance.