Arbuthnot sees FY profits ahead of market views
Arbuthnot Banking Group
962.50p
16:30 07/06/24
0.00%
0.00p
Arbuthnot Banking said on Thursday that full-year pre-tax profits were set to be ahead of market views after it continued to trade well in the fourth quarter of 2022.
Banks
4,298.46
17:09 07/06/24
0.00%
0.03
FTSE AIM All-Share
793.53
17:14 07/06/24
n/a
n/a
Consensus market expectations are for £17.3m.
In a very brief update, it said: "Having invested in and developed a business model designed for higher interest rates the bank has benefitted from further rises in the Bank of England base rate."