Arbuthnot Banking Group (LON:ARBB) First Half 2023 Results
Key Financial Results
- Revenue: UK£85.2m (up 43% from 1H 2022).
- Net income: UK£20.0m (up by UK£17.3m from 1H 2022).
- Profit margin: 23% (up from 4.5% in 1H 2022). The increase in margin was driven by higher revenue.
- EPS: UK£1.29 (up from UK£0.18 in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Arbuthnot Banking Group Earnings Insights
Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Banks industry in the United Kingdom.
Performance of the British Banks industry.
The company’s shares are up 13% from a week ago.
Risk Analysis
Before we wrap up, we’ve discovered 3 warning signs for Arbuthnot Banking Group that you should be aware of.
Valuation is complex, but we’re helping make it simple.
Find out whether Arbuthnot Banking Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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