Arbuthnot Banking Group plc (LON:ARBB) has announced its audited results for the year ended 31 December 2025.
FINANCIAL HIGHLIGHTS
· Profit Before Tax of £24.2m (2024: £35.1m)
· Operating income of £169.5m (2024: £179.5m)
· Average net margin of 4.7% (2024: 5.1%)
· Earnings per share of 109.1p (2024: 152.3p)
· Final dividend declared increased by 2p to 31p (2024: 29p)
· Total dividend per share for the year of 53p (2024: 69p, including special dividend of 20p per share); ordinary dividend per share increased by 4p
· Year-end net assets per share of 1694p (2024: 1636p)
· Total net assets of £276.4m (2024: £267.0m)
· Strong capital ratios maintained with a CET1 ratio of 13.3% (2024: 13.2%) and a total capital ratio of 15.4% (2024: 15.3%)
· Substantial surplus liquidity at the year-end of £1.42bn above the regulatory minimum (2024: £896m)
OPERATIONAL HIGHLIGHTS
· Continued growth in customer deposits to £4.57bn (2024: £4.13bn), up 11% year-on-year, driven by the success of the Group’s relationship-based approach across both Private & Commercial Banking
· Customer loans reduced 6% to £2.25bn (2024: £2.38bn)* as the Group maintained tight credit discipline, preserving capital in the face of market driven suboptimal rates
· Funds under management and administration (“FUMA”) increased 21% to £2.68bn (2024: £2.21bn), driven by very strong inflows which represented 22% of FUMA at the start of the year
· Continued growth in the Group’s target markets, with 1,200 new banking clients and over 200 new investment management clients
Commenting on the results, Sir Henry Angest, Chairman and Chief Executive of Arbuthnot, said: “The Group performed resiliently in what continues to be an uncertain and low-growth economic environment. We are encouraged by the double-digit growth in customer deposits and the inflows-driven growth in funds under management. The Group remains conservatively managed with a robust balance sheet and continues to see client growth opportunities.”
Note: * This balance includes both Customer loans and assets available for lease.
