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Birmingham Post
Birmingham Post
Business
Tom Pegden

Revenues and profits up at Nottingham Building Society as new CEO Sue Hayes prepares to step in

The Nottingham Building Society said lending figures and profits were up as it prepared to hand over to a new chief executive.

The mutual, one of the top 10 biggest in Britain, said its net underlying income was £49 million in the last calendar year, up from £44.3 million the year before.

It said pre-tax profit in 2021 was £15.1 million – with an underlying pre-tax profit of £7.4 million – compared to losses of £8.4 million the year before.

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