Peel Hunt Limited NPV (PEEL)

Sector:

Financials

Index:

FTSE AIM All-Share

82.44p
   
  • Change Today:
      1.94p
  • 52 Week High: 147.00
  • 52 Week Low: 71.50
  • Currency: UK Pounds
  • Shares Issued: 122.81m
  • Volume: 223,061
  • Market Cap: £101.25m

Peel Hunt H1 revenues drop but investment banking division shines

By Michele Maatouk

Date: Wednesday 01 Dec 2021

LONDON (ShareCast) - (Sharecast News) - Peel Hunt reported a record performance from its investment banking division in its maiden results on Wednesday, but a drop in overall profit and revenue.
In the six months to 28 September, pre-tax profit fell 47.9% to £29.5m on revenue of £71.4m, down 23.4% on the same period a year ago. Peel noted that the pre-tax profit figure includes the impact of costs associated with its recent IPO.

It also said the drop in revenue was in line with expectations as the exceptional trading and heightened market activity seen in the first half of last year due to the pandemic returned to more normal levels.

The investment banking unit was a bright spot, however, with revenue up 43% to £32.7m and investment banking fees up 48.5% to £28.8m. This marked the division's strongest half-year on record.

Chief executive officer Steven Fine said: "I'm really pleased with our overall performance in the first half. Our investment banking team delivered record six-month revenue and we continue to grow our client base and retainer income. We're seeing further progress and market share gains in our institutional business.

"We continue to grow our number of retained investment banking clients and have a healthy deal pipeline with a strong balance of transactions. We're well positioned to execute our growth plans, which include opening a European office to support our growing distribution franchise across the continent. We remain on track to deliver on our budget for the year."

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PEEL Market Data

Currency UK Pounds
Share Price 82.44p
Change Today 1.94p
% Change 2.42 %
52 Week High 147.00
52 Week Low 71.50
Volume 223,061
Shares Issued 122.81m
Market Cap £101.25m

PEEL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
17.17% below the sector average17.17% below the sector average17.17% below the sector average17.17% below the sector average17.17% below the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
71.7% below the sector average71.7% below the sector average71.7% below the sector average71.7% below the sector average71.7% below the sector average
Income Not Available
Growth
Market averageMarket averageMarket averageMarket averageMarket average
60.44% below the sector average60.44% below the sector average60.44% below the sector average60.44% below the sector average60.44% below the sector average

PEEL Dividends

  Latest Previous
  Final
Ex-Div 16-Jun-22
Paid 15-Jul-22
Amount 3.10p

Trades for 03-Jun-2025

Time Volume / Share Price
11:08 8,818 @ 83.00p
11:08 24,094 @ 83.00p
11:08 11,292 @ 83.00p
11:08 16,027 @ 83.00p
09:39 25,000 @ 80.50p

PEEL Key Personnel

CEO Steven Fine
Chair Lucinda Riches

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