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Arbuthnot Banking - Pre Close Trading Update


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Arbuthnot Banking Group PLC · ARBB

23/02/2023 07:00

Arbuthnot Banking - Pre Close Trading Update
RNS Number : 8271Q
Arbuthnot Banking Group PLC
23 February 2023
 

FOR IMMEDIATE RELEASE

23 February 2023

Arbuthnot Banking Group PLC

Pre Close Trading Update

Arbuthnot Banking Group PLC ("Arbuthnot" or "the Group") today issues a pre close trading update ahead of its final results announcement for the year ended 31 December 2022, which is scheduled for 30 March 2023.

The Group continued to trade well in the fourth quarter of 2022. 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. Accordingly, the Group therefore expects to report pre-tax profits ahead of consensus market expectations which the Group believes currently stand at £17.3m.  

 

Enquiries:

Arbuthnot Banking Group

020 7012 2400

Sir Henry Angest, Chairman and Chief Executive


Andrew Salmon, Group Chief Operating Officer


James Cobb, Group Finance Director




Grant Thornton UK LLP (Nominated Adviser and AQSE Corporate Adviser)

020 7383 5100

Colin Aaronson


Samantha Harrison


George Grainger


Ciara Donnelly






Shore Capital (Broker)                                                                                         

020 7408 4090

Daniel Bush


David Coaten


Tom Knibbs




H/Advisors Maitland (Financial PR)

020 7379 5151

Sam Cartwright




 

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