“We have delivered a strong performance in 2017 having met all of our targets and recorded our first statutory profit in over five years. As a result, we are pleased to be recommending an inaugural dividend to our shareholders.
This is a good first step in our three-year plan and we remain fully focused on the delivery of our medium-term targets, which factor in our cautious view of the economic outlook.
These results show how we’re building the UK’s leading digitally enabled challenger bank, offering stress-free banking to millions of personal and small business customers, and sustainable returns for our shareholders.”
Growth in mortgages
Core SME growth
Statutory profit after tax
Growth in underlying profit before tax
Underlying cost to income ratio
Reduction in underlying costs
Underlying operating costs
Loan to Deposit ratio
Per share inaugural dividend recommended
Annual Report & Accounts
Notice of Annual General Meeting
Summary of Group Results