OSB Group (OSBG) reported FY 2025 profit before tax of GBP 382.5 million (-9%), with total income of GBP 668.0 million and net interest income of GBP 679.4 million (+2%). Net interest margin was 228 bps, while net fair value loss on financial instruments widened to GBP 22.1 million. Administrative expenses rose to GBP 270.1 million (+5%), and impairment of financial assets was a charge of GBP 13.0 million. Basic EPS was 75.6 pence (-3%). OSBG’s net loan book increased to GBP 25.9 billion (+3.2%) and retail deposits rose to GBP 24.3 billion (+2%). Return on tangible equity was 13.7%, and the CET1 ratio was 15.8%. The board proposed a FY 2025 dividend of 35.3 pence per share (+5%), including a final dividend of 24.1 pence per share, and announced a GBP 100 million share repurchase programme starting 6 March 2026. During the year, OSBG said it progressed its transformation programme, launched a new lending platform and a new Buy-to-Let brand, Rely, and migrated some savers onto a new savings platform. The group also repaid its TFSME borrowings in full on 10 September 2025 and said its MREL resolution strategy was reclassified to Transfer from Bail-in, alongside a new CET1 target of 13%-13.5% post Basel 3.1 implementation. For FY 2026, OSBG guided for net interest margin of circa 225 bps and administrative expenses of around GBP 280 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OSB Group plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603050200HUGIN___UKPR_REG_GNW1001168302-en) on March 05, 2026, and is solely responsible for the information contained therein.
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