Arbuthnot Banking is recommending a final dividend for 2025 of 31p per ordinary and non-voting share. This is an increase of 2p compared to the final dividend of 2024.
The final dividend, if approved at the 2026 AGM, will be paid on 29th May 2026 to shareholders on the register at the close of business on 17th April 2026.
Together with the interim dividend, this gives a total dividend of 53p per ordinary share and ordinary non-voting share, which compares to total dividend of 69p per share paid in 2024. However, the prior year dividend included a special dividend of 20p per share which gave a normal dividend in 2024 of 49p per share. Thus, in 2025 the total normal dividend has increased by 4p per share.
The company recommends the payment of a final dividend of 31p (2024: 29p) per Ordinary share and Ordinary Non-Voting share. This represents total dividends for the year of 53p (2024: 69p which also included a special dividend of 20p) per Ordinary share and Ordinary Non-Voting share. The final dividend is not recognised at 31 December 2025. If approved by members at the forthcoming AGM, the final dividend will be paid on 29 May 2026 to shareholders on the register at close of business on 17 April 2026.
An illustration of the balancing of the interests of our stakeholders in their long-term interest was the company’s decision in July 2025 to continue its progressive dividend policy, resolving to pay an interim dividend of 22p per Ordinary share and Ordinary Non-Voting share to shareholders. This was an increase of 2p per share from the interim dividend paid in 2024. They decided to recommend a final dividend of 31p per share; this is an increase of 2p per Ordinary share and Ordinary Non-Voting share compared to the final dividend of 2024. This represents total dividends for the year of 53p per Ordinary share and Ordinary Non-Voting share. It compares with 69p per Ordinary share and Ordinary Non-Voting share which also included a special dividend of 20p per Ordinary share and Ordinary Non-Voting share.
Other financial highlights:
- Profit Before Tax of £24.2m (2024: £35.1m)
- Operating income of £169.5m (2024: £179.5m)
- Average net margin of 4.7% (2024: 5.1%)
- Earnings per share of 109.1p (2024: 152.3p)
- Final dividend declared increased by 2p to 31p (2024: 29p)
- Total dividend per share for the year of 53p (2024: 69p, including special dividend of 20p per share); ordinary dividend per share increased by 4p
- Year-end net assets per share of 1694p (2024: 1636p)
- Total net assets of £276.4m (2024: £267.0m)
Strong capital ratios maintained with a CET1 ratio of 13.3% (2024: 13.2%) and a total capital ratio of 15.4% (2024: 15.3%)
Substantial surplus liquidity at the year-end of £1.42bn above the regulatory minimum (2024: £896m)
