- St James’s Place reported management fees of GBP584.6 million, slightly above the estimated GBP581.3 million.
- The company achieved an underlying cash profit of GBP240.4 million, surpassing the expected GBP225 million.
- The net asset value per share, on an EEV basis, stands at GBP17.43.
- An interim dividend of 6.00p per share has been declared.
- The cost and efficiency programme is progressing well, targeting a reduction of £100 million in the addressable cost base by 2027.
- Gross inflows increased by 23% from the first half of 2024, reaching £10.5 billion.
- Over one million clients are receiving guidance from highly qualified advisers to ensure their financial plans remain on track amid complex economic conditions.
- St James’s Place remains committed to empowering more individuals to secure their long-term financial futures through expert advice.
- The company holds strong market sentiment with 10 buy ratings, 5 holds, and no sell ratings.
A look at St James’S Place Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
St. James’s Place Plc, a financial services company focusing on life insurance and unit trust management, seems to have a positive long-term outlook based on its Smartkarma Smart Scores. With a strong momentum score of 5, the company is showing good potential for future growth and performance. Additionally, it has solid scores in resilience and growth, which indicate its ability to weather challenges and expand steadily over time. While the value and dividend scores are moderate, the overall outlook for St. James’s Place appears promising as it continues to strengthen its position in the financial services sector.
St. James’s Place Plc, a UK-based financial services holding company, offers a range of products including pensions, offshore products, mortgage advisory services, and banking services through its subsidiary, St. James’s Place Bank. The company’s Smartkarma Smart Scores reflect a generally positive sentiment towards its long-term prospects. With a focus on maintaining momentum and demonstrating resilience and growth, St. James’s Place looks set to continue its strategic expansion and deliver value to its stakeholders in the evolving financial landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
