Arbuthor Banking Group announce an interim dividend of 17p per share will be paid on 23 September 2022 to shareholders on the register at the close of business on 26 August 2022.
Other financial highlights include:
Profit before tax increased 11% to £3.4m (30 June 2021: £3.0m)
Underlying profit before tax of £10.7m (30 June 2021: £6.5m)
Agreed terms for the sale of King Street property with exchange expected shortl
CET capital ratio of 11.4% (31 December 2021: 12.3%) and total capital ratio of 14.0% (31 December 2021: 14.9%)
Earnings per share of 17.8p (30 June 2021: 27.2p)
Net assets per share of £13.00 (30 June 2021: £12.92; 31 December 2021: £13.15)