RE: Ceo is incentivised to get this to 437p26 May 2025 14:05
I see where you're coming from, but the wording stipulates "credit approved pipeline", wouldn't that mean its already gone through the underwriters and given approval?
In relation to quarterly updates, they don't tend to give granular details of of figures outside the "key financials".
One thing I want to query: "Significant increase in Q1 2025 underlying profit versus H2 2024 from structurally higher NIM,
driven by continued asset rotation and deposit optimisation" - H2 2024 underlying profit was £12.8m, so in this first quarter we are already significantly higher than the £12.8 of H2 2024?
Happy to be queried on this as an understanding, I'm just reading it as literal.