B.P. Marsh & Partners (LON:BPM) Issues Quarterly Earnings Results

B.P. Marsh & Partners (LON:BPM) released its quarterly earnings results on Wednesday. The insurance provider reported GBX 132.60 EPS for the quarter, Digital Look Earnings reports. The company had revenue of GBX 1,040 million during the quarter. B.P. Marsh & Partners had a return on equity of 30.90% and a net margin of 424.26%.

B.P. Marsh & Partners Trading Up 0.9%

BPM opened at GBX 696 on Thursday. The firm has a market cap of £245.40 million, a P/E ratio of 2.59 and a beta of 0.20. B.P. Marsh & Partners has a 12 month low of GBX 613 and a 12 month high of GBX 719.92. The stock has a 50-day moving average of GBX 662.84 and a 200 day moving average of GBX 668.80.

B.P. Marsh & Partners declared that its board has approved a stock buyback program on Thursday, March 26th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the insurance provider to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

B.P. Marsh & Partners Company Profile

B.P. Marsh & Partners PLC is a specialist venture capital / private equity investor in early stage financial services intermediary businesses, including insurance intermediaries, financial advisors, wealth and fund managers and specialist advisory and consultancy firms. It considers investment opportunities based in the United Kingdom, Europe, North America and Internationally.

The Group invests amounts of up to £5m in the first round. Investment structure is flexible and investment stage ranges from start up to more developed.