B.P. Marsh & Partners (LON:BPM) Issues Quarterly Earnings Results

B.P. Marsh & Partners (LON:BPM) released its quarterly earnings results on Wednesday. The insurance provider reported GBX 132.60 EPS for the quarter, Digital Look Earnings reports. The company had revenue of GBX 1,040 million for the quarter. B.P. Marsh & Partners had a return on equity of 30.90% and a net margin of 424.26%.

B.P. Marsh & Partners Stock Performance

LON BPM opened at GBX 690 on Wednesday. B.P. Marsh & Partners has a one year low of GBX 613 and a one year high of GBX 719.92. The firm’s fifty day moving average is GBX 662.06 and its two-hundred day moving average is GBX 668.62. The firm has a market cap of £243.29 million, a PE ratio of 2.56 and a beta of 0.20.

B.P. Marsh & Partners declared that its board has approved a share repurchase plan on Thursday, March 26th that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the insurance provider to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

B.P. Marsh & Partners Company Profile

B.P. Marsh & Partners PLC is a specialist venture capital / private equity investor in early stage financial services intermediary businesses, including insurance intermediaries, financial advisors, wealth and fund managers and specialist advisory and consultancy firms. It considers investment opportunities based in the United Kingdom, Europe, North America and Internationally.

The Group invests amounts of up to £5m in the first round. Investment structure is flexible and investment stage ranges from start up to more developed.