Arbuthnot Banking Group (LON:ARBB) entered 2025 facing the squeeze from lower rates, but this interview points to a more resilient picture beneath the headline profit decline. Mark Thomas of Harman & Co explains how deposit growth, specialist lending discipline and improving credit quality could help steady earnings in 2026, while a higher-for-longer rate backdrop may provide an additional tailwind. For investors, the real story is not just what hit profits, but what may now be setting up the recovery. Arbuthnot Banking Group is a UK banking group focused on specialist lending, private and commercial banking, deposits, and wealth management.
Key Moments
00:20 — Strong growth, selective lending
01:00 — Profit fall explained
02:33 — Stable profits in sight
03:35 — Conflict and rate upside
04:40 — Credit quality strengthens
05:23 — Risks still to watch
