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

Arbuthnot Banking Group (LON:ARBB) released its quarterly earnings data on Thursday. The company reported GBX 152.30 ($1.96) earnings per share (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 Stock Performance

Shares of ARBB stock remained flat at GBX 915 ($11.78) on Thursday. 590 shares of the stock traded hands, compared to its average volume of 2,462. The company’s 50-day moving average is GBX 901.29 and its 200 day moving average is GBX 908.62. Arbuthnot Banking Group has a 52 week low of GBX 830 ($10.69) and a 52 week high of GBX 1,139.30 ($14.67). The company has a market cap of £148.10 million, a PE ratio of 4.84, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00.

Arbuthnot Banking Group Increases Dividend

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

Analyst Upgrades and Downgrades

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.