Arbuthnot Banking Group (LON:ARBB) Issues Earnings Results

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

Arbuthnot Banking Group Stock Down 1.1%

Arbuthnot Banking Group stock opened at GBX 820.90 on Wednesday. Arbuthnot Banking Group has a 52-week low of GBX 799 and a 52-week high of GBX 1,130. 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. The company’s 50 day moving average is GBX 831.74 and its two-hundred day moving average is GBX 859.79.

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.