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Hardman & Co Research: Arbuthnot Banking Grou...
Hardman & Co Research: Arbuthnot Banking Grou....
About this update from Arbuthnot Banking Group Plc
[{"type":"text","content":"\n \n \n \n\n\t\n\n\n\n\n\n\n\n\n\nHardman & Co Research\n\n\n\n\n\n\nHardman & Co Research: Arbuthnot Banking Group - 2024 results: franchise growing through the noise 04-Apr-2025 / 16:00 GMT/BST\n\n\n\nThe issuer is solely responsible for the content of this announcement.\n\n\nHardman & Co Research on Arbuthnot Banking Group (ARBB): \n\n2024 results: franchise growing through the noise\n\n \n\nThe core of any successful, long-term business lies in offering clients the products they want so that they give you more business and, in turn, you attract new customers. The 2024 results show how ABG has achieved this, with growth in i) specialist lending (now £828m, 35% of loans up 33% in 2023, 27% in 2022 and 21% in 2021), ii) deposit volumes (+10%), and iii) wealth management (FUMA +30%). 1,200 new banking clients were onboarded in 2024. Short-term profits reflected that ABG had optimised returns in a rising rate environment (2023 PBT £47.1m vs. £4.6m in 2021) but faced the predicted margin pressures when they started to fall (2024 PBT £35m). \n \n\nPlease click on the link below for the full report:\n\n \n\nhttps://hardmanandco.com/research/corporate-research/arbb-2024-results-franchise-growing-through-the-noise/ \n\nIf you are interested in meeting the company, you can register your interest by clicking on the above link.\n\n\n To contact us:\n\n Hardman & Co9 Bonhill Street\n\n London\n\n EC2A 4DJ\n\n www.hardmanandco.com\n\n Follow us on X @HardmanandCo\n \n \n Contact:\n\n Mark Thomas\n\n \n \n \n \n\n [email protected] \n \n Hardman & Co Research can still be accessed for free after MiFID II. Please click here to read the statement.\n\nAbout Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDissemination of a CORPORATE NEWS, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.\n\n\n\nEnd of Announcement - EQS News Service\n\n\n\n2112088 04-Ap...