Investment manager Shore Capital said it almost doubled annual profit, mostly owing to a reduction in asset write-downs compare to the previous year.
Pre-tax profit jumped 92% to £4.6m, as revenue rose by a more modest 6.3% to £41.9m.
Capital markets revenue declined by 3.9%, offset by 24% growth in asset management revenue.
The company held its final dividend steady at 5p per share.
'The group has enjoyed a year of growing revenues and profitability,' chairman Howard Shore said.
'Our capital markets business has been busy, participating in a high volume of transactions during the year and growing its franchise.'
'Meanwhile, our asset management division performed very strongly, with significant uplifts in revenues and profitability.'
At 10:27am: (LON:SGR) Shore Capital Group PLC share price was +15p at 260p