Arbuthnot Banking Group Plc · LSE:ARBB
Arbuthnot Banking — FY2009 Earnings Presentation
11 slides from Arbuthnot Banking's earnings presentation, Mar 11, 2010
Slide 1: Arbuthnot Banking Group PLC 2009 Year End Results
Arbuthnot Banking Group PLC 2009 YEAR END RESULTS 11 March 2010
Slide 2: Business Review
Business Review ANDREW SALMON – Chief Operating Officer 11 March 2010
Slide 3: Key Messages
Key Messages PAGE 3 • Year of progress in 2009 for the Group – Profit Before Tax at £5.1m - a £7.3m improvement on previous year – Recommended dividend increased by 1p – Underlying performance of all three divisions improved • Expect to build on the progress in 2010 – Retail Banking - both balance s
Slide 4: Private Banking
Private Banking PAGE 4 • Positive return despite investment in Gilliat Financial Arbuthnot Latham remains strong, Solutions profitable with growth led by enhanced client • Liquidity, funding and capital remain strong service • Loan book remains healthy with low loan to value ratios • New management
Slide 5: Retail Banking
Retail Banking PAGE 5 • Profit Before Tax increased 40% to £10.2m Secure Trust Bank is • Successfully completed two loan portfolio acquisitions positioning itself as a successful niche lender, • Loan purchases have built foundations for organic portfolio growth while maintaining fee income via its l
Slide 6: Investment Banking
Investment Banking PAGE 6 • Arbuthnot Securities returned a loss £0.1m before tax Arbuthnot Securities saw a strong turnaround • Traded profitably during second half, earning £1.2m and returned to profit in the second half. • Corporate Finance fees increased from £7.2m to £9m • Strong performance by
Slide 7: Financial Review
Financial Review JAMES COBB – Group Finance Director 11 March 2010
Slide 8: Headline Results
Headline Results PAGE 8 • Operating Income increased 23% 2009 2008 • Significant Items: Operating Income £51.7m £41.9m – Purchased loan portfolios contributed £5.5m Profit Before Tax/(Loss) £5.1m (£2.2)m Gross – Trading book returned to profit Profit attributable to Equity holders of the Company £3.
Slide 9: Divisional Performance 1/2
Divisional Performance 1/2 PAGE 9 2009 2008 Change £(000) £(000) Private Banking (Arbuthnot Latham) 206 2,119 (90%) Retail Banking (Secure Trust) 10,219 7,277 40% Investment Banking (Arbuthnot Securities) (147) (5,225) 97% Switzerland (506) (1,160) 56% Group Costs (4,722) (5,161) 9% Profit/(Loss) Be
Slide 10: Divisional Performance 2/2
Divisional Performance 2/2 PAGE 10 Private Banking Retail Banking Investment Banking • Profit Before Tax £0.2m • Profit Before Tax £10.2m • Loss Before Tax £0.1m • Profits grew by £0.7m excluding • Significant Items: • Significant Items: prior gain on sale and start up – Acquired portfolios contribu
Slide 11: Key Message
Key Message PAGE 11 • Good progress in all divisions • Portfolio purchases have accelerated growth • New sustainable business lines being created • Diversification of businesses and revenues remains key
Arbuthnot Banking Group — FY2009 Earnings Presentation on 6ix