Arbuthnot Banking Group First Half 2023 Earnings: EPS: UK£1.29 (vs UK£0.18 in 1H 2022)

Arbuthnot Banking Group (LON:ARBB) First Half 2023 Results

Key Financial Results

• Revenue: UK£85.2m (up 43% from 1H 2022).
• Net income: UK£20.0m (up by UK£17.3m from 1H 2022).
• Profit margin: 23% (up from 4.5% in 1H 2022). The increase in margin was driven by higher revenue.
• EPS: UK£1.29 (up from UK£0.18 in 1H 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Arbuthnot Banking Group Earnings Insights

Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Banks industry in the United Kingdom.

Performance of the British Banks industry.

The company's shares are up 13% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Arbuthnot Banking Group that you should be aware of.

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