Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through 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 banking services, including current and deposit accounts, loans, overdrafts, and foreign exchange; financial planning; investment and asset management; asset finance funding; asset based lending, deposits, and specialist finance. Further, it provides insurance and property development services. Arbuthnot Banking Group PLC was founded in 1833 and is headquartered in London, the United Kingdom.
Analyst Upgrades and Downgrades
Separately, Shore Capital restated a "house stock" rating on shares of Arbuthnot Banking Group in a report on Tuesday, July 19th.
Arbuthnot Banking Group Trading Up 1.4 %
Shares of ARBB Stock opened at GBX 895 ($10.81) on Friday. Arbuthnot Banking Group has a 12 month low of GBX 799.98 ($9.67) and a 12 month high of GBX 1,080 ($13.05). The stock has a market cap of £134.46 million and a PE ratio of 2,486.11. The company's fifty day moving average price is GBX 872.90 and its 200-day moving average price is GBX 917.47.
Arbuthnot Banking Group Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, September 23rd. Stockholders of record on Thursday, August 25th will be issued a dividend of GBX 17 ($0.21) per share. This represents a dividend yield of 2.03%. The ex-dividend date of this dividend is Thursday, August 25th. Arbuthnot Banking Group's dividend payout ratio (DPR) is presently 105.56%.