Arbuthnot Banking Group Plc · LSE:ARBB
Arbuthnot Banking — FY2010 Earnings Presentation
12 slides from Arbuthnot Banking's earnings presentation, Mar 17, 2011
Slide 1: Arbuthnot Banking Group PLC 2010 Year End Results
Arbuthnot Banking Grroup PLC 2010 YEAR END RESULTS 17 March 2011
Slide 2: Business Review
Business Review ANDREW SALMON – Chief Operaating Officer 17 March 2011
Slide 3: Key Messages
Key Messages PAGE 3 • Year of continued progress in 2010 ac cross all parts of the Group – All three divisions profitable – Profit before tax at £5.1m same as previous year – Underlying business growth of 85% excluding one off items – Recommended dividend increased by 1p to 23p • 2011 – Retail R t i
Slide 4: Private Banking
Private Banking PAGE 4 • Improved returns even with investmen nt in Gilliat Financial Arbuthnot Latham grew its profitability, Solutions with the focus on the core private banking • Liquidity, funding and capital remain strong and wealth proposition • Loan book remains healthy with robus st loan to
Slide 5: Retail Banking
Retail Banking PAGE 5 • Building Diversified f Lending portfolios f Secure Trust Bank is – Asset Finance creating embedded – Motor value in its niche – Music portfolios. The Current – Cycles y Account now has an attractive cash reward – Personal Computers (Rentsmart) scheme paying up to – Pay 4 Late
Slide 6: Investment Banking
Investment Banking g PAGE 6 • Arbuthnot Securities S returned to profitability f Arbuthnot Securities • AIM Broker of the year 2010 returned to profitability in the year • Completed 16 corporate transactions included main m market IPO of Shaft Sinkers Holdings plc • Average market cap of AIM clients
Slide 7: Financial Review
Financial Review JAMES COBB – Group Finance Director D 17 March 2011
Slide 8: Headline Results
Headline Results PAGE 8 • Operating Income increased 6% 2010 2009 • Significant g Items: O Operating ti IIncome £54 8 £54.8m £51 7 £51.7m – All businesses profitable Profit Before Tax £5.1m £5.1m – 85% Underlying growth Profit attributable to Equity holders of the Company £3.7m £3.5m • Profit before
Slide 9: Divisional Performance 1/2
Divisional Performa ance 1/2 PAGE 9 2010 2009 Change £(000) £(000) Private Banking (Arbuthnot Latham) 1,045 206 407% Retail Banking (Secure Trust) 8,511 10,219 (17%) Investment Banking (Arbuthnot Securities) 1 039 1,039 (147) N/M Switzerland (100) (506) 80% Group Costs (5,391) (4,722) (14%) Profit B
Slide 10: Divisional Performance 2/2
Divisional Performa ance 2/2 PAGE 10 Private Banking Retail Bank king Investment Banking • Profit before tax £1.0m £1 0m • Profit before tax £8.5m • Profit before tax £1.0m £1 0m • Core Private banking business • Comments: • Comments: increased profits by £1.0m to – Prior yearr comparative – Busines
Slide 11: Key Message
Key Message PAGE 11 • Good progress in all divisions • Aim to be the significant lender in niche asset classes • Diversification of portfolios key to long term sustainability • Balance sheet growth creating em mbedded earnings to be realised over time • Controlled growth, not sacrificing long l term
Slide 12: Forward Looking Statements
Forward Looking Sta atements PAGE 12 This document is a summary only of certain inform mation contained in the announcement dated 17 March 2011 and should be read in conjunction with the full text of the announcement. This document contains forward looking statements with respect to the business, st
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