West Brom delivers robust results despite increasing competition

West Bromwich Building Society has delivered a strong set of half year results against a backdrop of increased competition. For the six months to the end of September, the mutual reported £466m advanced for new mortgage lending, compared to £478m in the prior year period as it said it maintained traction in a “highly competitive” market. Profit before tax came in at £6m, a year on year increase of 43%, compared £4.2m in 2017. West Brom said it enabled more than 2,000 people to purchase their first home during the half... For the full story register now for free or login below...
Close