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IN BRIEF: OSB Group on track after quarterly progress

Thu, 11th Nov 2021 18:09

OSB Group PLC - Kent-based mortgage specialist focused on UK housing market, formerly known as OneSavings Bank - Hails "strong financial and operating performance" in three months to September 30. Organic originations up 46% year-on-year to GBP1.1 billion. Underlying and statutory net loans each up 8% to GBP20.6 billion and GBP20.8 billion, respectively. On track for annual 10% net loan book growth.

Current stock price: 500.50 pence

Year-to-date change: up 18%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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