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Investor Relations

In this section you’ll read more about our headline figures, reports and presentations to give a clear and accurate view of who we are as a bank.

Family talking to a mortgage broker

Who we are

Aldermore is a UK bank providing support to small businesses and individuals through award-winning asset finance, invoice finance, motor finance, mortgage and deposit products. Aldermore Group consists of two operating companies, Aldermore Bank plc and MotoNovo Finance Limited and is part of FirstRand Group, the largest financial services group in Africa by market capitalisation.

Aldermore Group PLC is regulated by the Prudential Regulation Authority and the Financial Conduct Authority and is registered under the Financial Services Compensation Scheme.

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Headline figures

Headline figures for six months to 31 December 2024

  • £119.4m group profit before tax. + 14% vs. H1 2024
  • £15,711m lending balances. +5% vs. H1 2024
  • £16,618m deposit balances. +5% vs. H1 2024
  • 3.81% NIM vs. 3.99% in H1 2024
  • 55.8% statutory cost/income ratio vs. 55.9% in H1 2024
  • 14bps cost of risk vs. 33bps in H1 2024
  • 10.0% statutory ROE vs. 9.6% in H1 2024
  • 16.2% CET1 ratio vs. 14.9% in H1 2024
  • 204% LCR vs. 248% in H1 2024

 

Steven Cooper, CEO of Aldermore Group

The view from our CEO

“We’re pleased to have delivered another strong period of performance, driven by healthy underlying trading, and prudent management of our costs. We continue to focus on building our resilience and ability to navigate a still-challenging economic environment, with ongoing inflationary pressures. Although interest rates may decline further this year, they remain elevated, and we’re proud to have grown our lending to continue to support our customers, helping empower them to live their lives and successfully build their businesses.

“This growth is underpinned by our strategic focus on delivering long-term value for our customers and shareholder, leaving us well placed for the year ahead and for the longer-term. Our recent first-time Baa2 long-term issuer rating from Moody’s recognises both the Group’s financial strength and the credibility of its strategic plan.”

Steven Cooper, CEO of Aldermore Group

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Our Purpose

As a group, Aldermore’s enduring purpose is to back more people to go for it, in life and business. Our purpose guides everything we do and extends beyond the products and services we offer. 

In the third edition of our Report to Society, you can read about all the ways we bring this purpose to life through the work we do for our customers, colleagues and stakeholders.