Bankers Investment Trust reports latest net asset values

As of December 18, 2025, The Bankers Investment Trust PLC reported its unaudited net asset value per share at £139.2, calculated in accordance with the AIC formula. This figure includes current financial year revenue items and excludes shares held in treasury. When debt was marked at fair value, the net asset value per share stood at £142.6.

Excluding current financial year revenue items and shares held in treasury, the unaudited net asset value per share was £138.7. With debt marked at fair value, this figure adjusted to £142.1 per share.

The estimated fair value of the company's £-denominated unsecured loan notes is determined using a discount rate based on a UK Gilt yield of similar maturity plus a credit spread. Similarly, for Euro-denominated unsecured loan notes, the fair value is estimated using a discount rate derived from a Euro Swap of comparable maturity plus a credit spread.