Rathbones shares rise as ups payout amid profit growth; outlook sound

(Alliance News) - Rathbones Group PLC on Friday said its business "moves from integration to robust growth" as it posted a surge in profit and announced a higher dividend.

The London-based investment and wealth manager said pretax profit jumped 54% to GBP152.9 million in 2025 from GBP99.6 million in 2024.

Fee & commission income climbed 2.8% to GBP858.9 million from GBP835.1 million, while net interest income was up 36% at GBP86.7 million from GBP63.9 million.

Operating expenses decreased by 3.3% to GBP770.4 million from GBP796.3 million.

Rathbones recommended a final dividend per share of 68.0 pence for 2025, up 7.9% from 63.0p in 2024. This brings the total payout for 2025 to 99.0p, 6.5% higher than 93.0p in 2024.

Chair Clive Bannister said: "As we enter the next phase of Rathbones' journey, the board remains focused on the delivery of our strategy, supported by strong governance as the business moves from integration to robust organic growth. Our priority is to maintain oversight of culture, risk, and stakeholder interests while enabling management to execute with clarity and discipline. We are confident that Rathbones' scale, purpose and talented colleagues provide a strong foundation for long-term success. At the end of what has been a very busy and pivotal year for Rathbones, I wish to thank all of our colleagues across the firm for all their hard work and commitment to the group's success."

The company said: "Rathbones view is that the global economy remains resilient. Indicators point to modest but improving growth in the US however it may slow early in 2026 as tariffs push inflation higher. The eurozone shows clear improvement, powered by pent-up demand, fiscal support, and deregulation. China's slowdown persists, with property market stress still evident. In the UK, headline inflation has peaked, and we expect it to fall further."

It added: "The US faces underlying rates closer to 3%. Tariffs and wage pressures are contributing to this persistence but are likely to fade in the second half of the year. In contrast, eurozone inflation is back near the European Central Bank's 2% target, with few signs of renewed upward pressure."

Rathbones shares rose 5.2% to 2,325.00 pence each on Friday morning in London.

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2026 Alliance News Ltd. All Rights Reserved.

Rathbone