Update: Franchise growth across group
Arbuthnot Banking Group (ABG) has seen good growth across all its businesses. Its retail bank, Secure Trust Bank (STB), has again delivered franchise growth ahead of expectations. We have upgraded STB’s 2015 revenue, but offset this with further accelerated investment in the business. The private bank will benefit from the mid-December 2014 acquisition of a mortgage portfolio (we estimate it will add £1.5m to 2015 pre-tax profits), although this is offset by higher assumed central investment spend.Arbuthnot Banking Group is primarily involved in banking and financial services. Co. is organized into three main operating segments: Retail banking (associate), which incorporates household cash management, personal lending and banking and insurance services; U.K. Private banking, which incorporates private banking, commercial banking and wealth management; and Group Centre, which is comprised in Co.'s Group Centre management. As of Dec 31 2016, Co.'s total assets were £1.27 billion.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.