BP Marsh reports further increase in net asset value.


BP Marsh & Partners reported a further increase in net asset value for the year to January on Wednesday, as the specialist private equity investor completed two disposals and added eight new investments to its portfolio.

  • B.P. Marsh & Partners
  • 27 May 2026 09:48:03
BP Marsh & Partners

Source: Sharecast

The AIM-traded company, which invests in early-stage financial services businesses, said net asset value rose 10.3% to £360.2m for the year ended 31 January, from £326.4m a year earlier.

Undiluted NAV per share increased to 1009.9p from 890.0p, while fully diluted NAV per share rose to 959.8p from 847.3p.

Total shareholder return for the year was £41.7m, or 12.8%.

Consolidated profit before tax was £49.0m, down from £104.7m in the prior year.

BP Marsh paid £8.0m of dividends during the year, equivalent to 21.64p per share, compared with £4.0m a year earlier.

The company said £13.0m of dividends, or 36.29p per share, had been paid or proposed for the year to 31 January 2027, while it intended to pay £7.0m, or 19.54p per share, in the year to January 2028.

During the year, BP Marsh completed two disposals, Stewart Specialty Risk Underwriting and Sterling Insurance, generating total proceeds of £30.7m.

The company also completed eight new equity investments during the year and a further two after the year end.

BP Marsh announced several board changes alongside the results.

Brian Marsh would move from non-executive chairman to founder and life president, while Rebecca Shelley has been appointed non-executive chair.

Barrie Cornes has also been appointed as an independent non-executive director.

BP Marsh said it remained well positioned for future growth following another year of strong performance.

At 0930 BST, shares in BP Marsh & Partners were up 2.22% at 690p.

Reporting by Josh White for Sharecast.com.

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