Arbuthnot sees FY profits ahead of market views
Arbuthnot Banking Group
875.00p
16:34 20/12/24
-1.41%
-12.50p
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
4,811.97
17:14 20/12/24
-0.52%
-25.39
FTSE AIM All-Share
710.60
17:04 20/12/24
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."