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Birmingham Post

Business

Jon Robinson

The Co-operative Bank makes first full-year profit in a decade

The Co-operative Bank has reported its first full-year profit in a decade.

The Manchester-headquartered bank has posted a statutory pre-tax profit of £31.1m and underlying profit of £41m for the year to December 31, 2021.

Those figures are an increase of £134.9m and £105m respectively on 2020.

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