The Arbuthnot Banking Group Board has declared a final dividend of 29p per Ordinary share and Ordinary Non-Voting share. This is an increase of 2p compared to the final dividend of 2023. The final dividend, if approved at the 2025 AGM, will be paid on 30 May 2025 to shareholders on the register at the close of business on 22 April 2025. Additionally, the Board announced the payment of a special dividend of 20p per Ordinary share and Ordinary Non-Voting share which was paid along with the interim dividend of 20p (2023: 19p) per Ordinary share and Ordinary Non-Voting share. This, together with the interim and special dividend gives a total dividend of 69p per Ordinary share and Ordinary Non-Voting share, which compares to the total dividend of 46p per share paid in respect of 2023.
Other Financial Highlights Include:
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Profit Before Tax of £35.1m (2023: £47.1m)
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Operating income of £179.5m (2023: £178.9m)
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Average net margin of 5.1% (2023: 5.7%)
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Earnings per share of 152.3p (2023: 222.8p)
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Net assets of £267.0m (2023: £252.4m)
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Strong capital ratios maintained with a CET1 ratio of 13.2% (2023: 13.0%) and a total capital ratio of 15.3% (2023: 15.2%)
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Year-end net assets per share of 1636p (2023: 1547p)
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Substantial surplus liquidity at the year-end of £896m above the regulatory minimum (2023: £962m)
