Arbuthnot Banking Group (LON:ARBB) Posts Earnings Results

Arbuthnot Banking Group (LON:ARBB) posted its quarterly earnings results on Tuesday. The company reported GBX 49.90 earnings per share (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 Up 0.4%

ARBB opened at GBX 833.30 on Wednesday. The company’s 50-day moving average price is GBX 831.74 and its 200 day moving average price is GBX 859.79. Arbuthnot Banking Group has a fifty-two week low of GBX 799 and a fifty-two week high of GBX 1,130. The firm has a market cap of £135.99 million, a price-to-earnings ratio of 7.64, a price-to-earnings-growth ratio of 0.38 and a beta of 0.46.

Analysts Set New Price Targets

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