Finance
UK's quilter announces $133 million share buyback, beats profit forecast
Published by Global Banking & Finance Review®
Posted on March 4, 2026
1 min readLast updated: March 4, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 4, 2026
1 min readLast updated: March 4, 2026
Quilter exceeded expectations with an adjusted pretax profit of £207m for year ended Dec 31 2025, surpassing the £204m forecast, and unveiled a £100m share buyback in response to rising demand for advice after the UK budget.
March 2 (Reuters) - British wealth manager Quilter announced a 100 million-pound ($133.3 million) share buyback and beat annual pretax profit expectations on Wednesday, as clients increasingly sought financial advice following the UK budget.
The UK-based company reported adjusted pretax profit of 207 million pounds for the year ended December 31, 2025, compared with analysts' estimate of 204 million pounds, according to a company-compiled poll.
($1 = 0.7500 pounds)
(Reporting by Simone Lobo in Bengaluru; Editing by Sumana Nandy and Harikrishnan Nair)
Quilter announced a share buyback worth 100 million pounds, approximately $133.3 million.
Quilter reported an adjusted pretax profit of 207 million pounds for the year ended December 31, 2025.
Yes, Quilter's adjusted pretax profit of 207 million pounds was higher than analysts' estimate of 204 million pounds.
Increasing demand for financial advice following the UK budget contributed to Quilter's better-than-expected profits.
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