logo
Share SHARE
FONT-SIZE Plus   Neg

Rathbone Brothers Reports Rise In Q1 Net Operating Income - Quick Facts

Rathbone Brothers Plc (RAT.L) Thursday released the Interim Management Statement for the period from 1st January 2012 till date, stating that net operating income for the first quarter ended 31 March 2012 rose 11.7 percent to 40.1 million pounds from 35.9 million pounds reported for the corresponding period last year.

The independent provider of personalized investment and wealth management services stated that net operating income in Investment Management increased 11.8 percent year-over-year during the first quarter to 37.9 million pounds from 33.9 million pounds reported for the first quarter of 2011.

The company added that net interest income for the first quarter of 2012 increased 13 percent to 2.6 million pounds from 2.3 million pounds reported for the corresponding quarter last year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
The recent week marked the lull before the storm, with very few market moving economic numbers released during the week. However, the economic news flow picks up pace in the upcoming week, offering glimpses into every vehicle of economic growth, ranging from consumers to private sector activity to housing.... Life expectancy at birth in the U.S. is already lower than most other developed nations and is now projected to fall further behind by 2030, according to a new study. It also suggests that by 2030, national female life expectancy in South Korea could break the 90 year barrier. Department store chain J.C. Penney Co. Inc. on Friday reported a turnaround to profit in the fourth quarter as a slight decline in sales was more than offset by lower expenses. Adjusted earnings per share for the quarter beat analysts' expectations, while revenues slightly missed their estimates. Earlier today, J.C. Penny announced a plan to optimize its national retail operations.
comments powered by Disqus
Follow RTT