Arbuthnot Banking Group Plc · LSE:ARBB
Arbuthnot Banking — H1 2016 Earnings Presentation
10 slides from Arbuthnot Banking's earnings presentation, Jul 19, 2016
Slide 1: Arbuthnot Banking Group PLC 2016 Interim Results
Arbuthnot Banking Group PLC 2016 INTERIM RESULTS 19 July 2016
Slide 2: 2016 Interim Review
2016 Interim Review ANDREW SALMON – Chief Operating Officer JAMES COBB – Group Finance Director
Slide 3: Key Messages
PAGE 3 Key Messages Period of transition underway Profit for the period £225m Disposal of Everyday Loans - a profit of £117m Disposal of 33% of STB – a profit of £100m Remaining investment in STB 18.9% - £86m Net asset per share increased to £18.52; increased by nearly 6 times from Decem
Slide 4: Headline Results
PAGE 4 Headline Results Six Months Ended 30 June 2016 2015 Profit for the period £225m Profit for the period £225m £12.7m Operating Income increased 15% Operating Income £19.2m £16.8m Underlying PBT increased 45% Interim Dividend per share 13p an increase Operating Expenses £23.1m £16.5m of
Slide 5: Divisional Performance
PAGE 5 Divisional Performance Six months ending 30 June --- £(000’s) 2016 2015 Change Private Banking (Arbuthnot Latham) 4,507 3,661 23% Retail Banking (Associate Income - Secure Trust Bank) 265 - N/A Group Centre (7,136) (4,074) (75%) Loss Before Tax (2,364) (413) Tax (537) 94 Profit from Discontin
Slide 6: Private Banking
PAGE 6 Private Banking Profit before tax of £4.5m increased by 23% Customer assets increased by 13% to £657m Customer deposits increased by 22% to £940m Assets under management increased by 14% to £797m Highlights : Realised £1.7m of income from the sale of Visa Europe shares Purchased
Slide 7: Private Banking – Business Momentum
PAGE 7 Private Banking – Business Momentum Customer Loans (£000’s) Customer Deposits (£000’s) Assets Under Management (£000’s) Loan growth CAGR 22% (YoY – 13% in 2016) Deposit growth CAGR 20% (YoY - 22% in 2016) AUM growth CAGR 26% (YoY - 14% in 2016)
Slide 8: Appendix
Appendix
Slide 9: Underlying profit
PAGE 9 Underlying profit Six months ending 30 June £(000’s) 2016 2015 Loss before tax (2,364) (413) Bonus payments in respect of successful completion of sale of ELL 2,304 - Continuing Income from Associate for six months ending 30 June 2,261 1,622 Income realised on sale of Visa Europe Shares (1,66
Slide 10: Forward Looking Statements
PAGE 10 Forward Looking Statements This document is a summary only of certain information contained in the announcement dated 19 July 2016 and should be read in conjunction with the full text of the announcement. This document contains forward looking statements with respect to the business, strateg
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