LON:ARBB
Arbuthnot Banking Group Ord Shs
Position levels
Currenttoday
840.00p
Buy <=wait / entry
773.33p
Trim >=take some off
920.00p
Thesis breakA confirmed deterioration in UK mortgage book credit quality driving a material ...
-
Scenario-weighted conviction
| Probability | Score | Contribution | |
|---|---|---|---|
| Bull case | 31% | 100 / 100 | 31.0 |
| Base case | 48% | 62 / 100 | 29.8 |
| Bear case | 21% | 10 / 100 | 2.1 |
| Weighted conviction | 63 / 100 - OPPORTUNISTIC BUY | ||
Top risks
- FY2024 earnings decline with EPS at UKGBP 1.52 (down from UKGBP 2.23) and revenue down 1.9%
- First-half profit of GBP 11.0m with raised dividend
- Insider purchase by Henry Angest of approximately 70k shares at UKGBP 9.75