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WestBromwichBuildngSoc6.15%GBP (WBS)

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05-Mar-2021 01:16 PM

West Bromwich BS chairman stepping down

West Bromwich Building Society chairman and director Mark Nicholls is stepping down with immediate effect. He is retiring due to unforeseen personal circumstances. John Maltby will succeed him as chair, subject to regulatory approval. In the interim, d
28-Nov-2017 02:17 PM

West Bromwich BS swings into profit

West Bromwich Building Society has reported a profit before tax of £4.2m for the six months to 30 September 2017, compared to a loss of £23.7m for the same period last year. Other highlights: - An uplift in the net interest margin to 0.98% (
25-Apr-2017 02:14 PM

West Bromwich Building Society appoints new non-exec

West Bromwich Building Society has confirmed the appointment of James Turner to its Board as a Non-Executive Director. Commenting on the new appointment, West Brom Chairman Mark Nicholls said: "James is a very welcome addition to the Society's
01-Dec-2016 09:45 AM

West Bromwich Building Soc. issues H1 results

West Bromwich Building Society has issued its H1 results, the key highlights of which are given below: - Gross residential mortgage lending for the half year of £441m, up nearly 50% from the previous year (30 September 2015: £295m). - Loss b
28-May-2014 01:06 PM

West Bromwich BS returns to profit

West Bromwich Building Society bounced back into the black with a pre-tax profit of £2.1m for the year to the end of March compared with a restated loss of £9.1m last time. The society saw a strong improvement in net interest margin to 0.81% (2012:13:
30-Nov-2012 12:57 PM

West Bromwich BS attracts 19,000 new customers

West Bromwich Building Society attracted around 19,000 new customers, contributing to retail savings inflows of £1.0bn, in the six months to September 30 2012. Jonathan Westhoff, Chief Executive, commented: "We are making satisfactory progress aga
31-May-2012 01:15 PM

West Brom Building Society pre-tax losses down 31%

West Bromwich Building Society's pre-tax losses fell by 31% to £9.5m in the year to the end of March. The group says its core tier 1 capital ratio increased from 12.8% to 13.3% - one of the highest among UK banks and building societies - and strong
02-Sep-2011 02:43 PM

VocaLink CFO joins West Brom board

VocaLink chief financial officer Claire Hafner has been appointed a non-executive director of the West Bromwich Building Society. VocaLink is a specialist provider of transaction services to banks, their corporate customers and Government departments. H
26-May-2011 09:51 AM

29,500 new savers at West Bromwich

West Bromwich Building Society's full year results to March 31 2011 show a return to profit at the operating level with a figure of £9.3m. being posted. Post tax losses were reduced from £17m. to £10.4m. Retail savings inflows were £1.9bn. after at
24-Nov-2010 02:53 PM

West Bromwich BS slashes first half losses

West Bromwich Building Society's interim pre-tax losses fell to £5.5m in the six months to the end of September - down from £11.7m last time. Losses from continuing operations fell to £3.9m from £8.3m. It said this was achieved despite providing £1
09-Jun-2010 01:03 PM

West Bromwich BS selling Mortgage Force

West Bromwich Building Society is selling Mortgage Force to the management for a nominal consideration while retaining a small minority interest. Story provided by
26-May-2010 02:45 PM

West Bromwich BS losses narrow

West Bromwich Building Society slashed full year losses from continuing operations by more than two-thirds from £39.3m to £11.2m. A loss of of £5.8m from discontinued operations took the total loss to £17m. Pre-tax losses for the year to the end of marc

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