Arbuthnot Banking Group Plc. (ARBB.L), on Thursday announced that pre-tax income declined in the full year compared with the last year.
Pre-tax income for the year decreased to 35.1 million pounds from 47.12 million pounds last year.
Net income also fell to 24.85 million from 35.38 million in the previous year.
Earnings per share were 152.3 pence versus 222.8 pence in the prior year.
However, Operating income increased to 179.51 million pounds from 178.90 million pounds last year.
Revenue rose to 403.41 million pounds from 355.96 million pounds the previous year.
The Board proposed a final 2024 dividend of 29 pence per Ordinary and Ordinary Non-Voting share, which is 2 pence higher than in 2023.
If it is approved at the AGM 2025, the dividend will be paid on May 30 to shareholders on record on April 22.
Interim and special dividends together, the total 2024 dividend is 69 pence per Ordinary and Ordinary Non-Voting share, an increase from 46 pence per share in 2023.
Arbuthnot is currently trading 1.79% lower at 898.60 pence on the London Stock Exchange.
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