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

Arbuthnot Banking Group (LON:ARBB) announced its quarterly earnings results on Thursday. The company reported GBX 109.10 earnings per share for the quarter, Digital Look Earnings reports. Arbuthnot Banking Group had a net margin of 6.59% and a return on equity of 6.10%.

Arbuthnot Banking Group Stock Performance

Shares of LON:ARBB traded up GBX 17.50 on Thursday, reaching GBX 885. The company’s stock had a trading volume of 1,220 shares, compared to its average volume of 5,597. The company has a 50-day simple moving average of GBX 876.54 and a 200 day simple moving average of GBX 901.30. Arbuthnot Banking Group has a 52-week low of GBX 820.65 and a 52-week high of GBX 1,130. The company has a market cap of £144.43 million, a P/E ratio of 8.83, a PEG ratio of 0.38 and a beta of 0.60.

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.