Arbuthnot Banking Group (LON:ARBB) Releases Earnings Results

Arbuthnot Banking Group (LON:ARBB) announced its quarterly earnings results on Tuesday. The company reported GBX 49.90 EPS for the quarter, Digital Look Earnings reports. Arbuthnot Banking Group had a net margin of 7.55% and a return on equity of 6.53%.

Arbuthnot Banking Group Trading Down 1.1%

Shares of ARBB opened at GBX 820.90 on Wednesday. The company’s 50 day simple moving average is GBX 831.74 and its 200-day simple moving average is GBX 859.79. The firm has a market cap of £133.97 million, a PE ratio of 7.52, a price-to-earnings-growth 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.

Analysts Set New Price Targets

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

About Arbuthnot Banking Group

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.