Rathbones Group (RAT.L) reported fiscal 2024 profit before tax of 99.6 million pounds compared to 57.6 million pounds, prior year. Earnings per share increased to 60.4 pence from 50.8 pence. Underlying profit before tax increased 79.1% to 227.6 million pounds. Underlying earnings per share was 161.6 pence compared to 135.8 pence.
Fiscal 2024 net interest income increased to 63.9 million pounds from 51.7 million pounds, last year. Net fee and commission income was 800.8 million pounds comapred to 508.9 million pounds.
The Board has recommended a final dividend of 63.0 pence per share for 2024. This brings the total dividend for the year to 93.0 pence, representing a 6.9% increase compared to 2023. The dividend will be paid on 13 May 2025.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.