Arbuthnot Banking Group – the holding company of private and commercial bank Arbuthnot Latham – has reported a 135 percent increase in pre-tax profits.
Pre-tax profits grew from £20.0 million at the end of 2022 to £47.1 million a year later.
This was supported by a 231.9 percent increase in banking profits, which grew from £19.1 million to £63.4 million. In part, this was due to a 77 percent increase in net interest income and a 21 percent increase in...