Arbuthnot sees FY profits ahead of market views

23rd Feb 2023 12:36

(Sharecast News) - Arbuthnot Banking said on Thursday that full-year pre-tax profits were set to be ahead of market views after it continued to trade well in the fourth quarter of 2022.

Consensus market expectations are for £17.3m.

In a very brief update, it said: "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."

Top Risers

Share	Price	Change
Clontarf (CLON)	0.05	49.25%
Uk Oil & Gas (UKOG)	0.036	21.38%
Keller (KLR)	1,376.00	21.13%
Kore Potash (KP2)	0.75	20%
Belluscura (BELL)	12.25	19.51%

Top Fallers

Share	Price	Change
Braveheart Inv (BRH)	4.25	-43.33%
ValiRx (VAL)	1.90	-37.7%
Oracle Power (ORCP)	0.0195	-35%
Cloudified Holdings Limited (CHL)	4.00	-27.27%
Lifesafe Hldg (LIFS)	12.50	-26.47%

Top By Volume

Share	Price	Volume
Clontarf (CLON)	0.05	1,467,753,248
Lloyds (LLOY)	54.50	267,072,416
Beacon Energy. (BCE)	0.055	261,753,578
Oracle Power (ORCP)	0.0195	209,353,432
Tower Resources (TRP)	0.0185	171,801,712

All prices are delayed by at least 15 minutes. Share Compare cannot be held responsible for the accuracy of share prices shown on this website, and investors should be aware that share prices can go down as well as up. Share Compare does not offer advice, and is not regulated by the Financial Conduct Authority.