London · Delayed Price · Currency is GBP · Price in GBX OSB Group Earnings Call Transcripts
Fiscal Year 2026
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The UK buy-to-let market remains structurally attractive, driven by housing shortages, professional landlord growth, and intergenerational wealth transfer. OSB's technology transformation has delivered rapid product repricing, operational efficiency, and strong broker relationships, positioning it for continued growth and resilience.
Fiscal Year 2025
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Delivered strong 2025 results with 3.2% loan growth, robust capital, and disciplined cost management. Outlook remains positive with NIM guidance of 225 bps and ROTE expected to rise, supported by ongoing transformation and capital optimization.
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H1 2025 saw resilient results with 1.2% net loan growth, 9% higher profit before tax, and a 5% dividend increase. NIM guidance remains at 225 bps despite funding pressures, and the transformation program is on track.
Fiscal Year 2024
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Disciplined lending and cost control drove a 4% rise in underlying pre-tax profit and a 16% ROE, with strong capital returns through buybacks and dividends. NIM is expected to stabilize around 225 bps in 2025, with continued investment in transformation and a CET1 target of 14%.
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Strong H1 2024 results with underlying pre-tax profit up to £250m and NIM at 243bps, driven by disciplined lending and cost control. Buy-to-let remains resilient, with robust capital and a new £50m share buyback announced. Guidance for 2024 includes 3% loan growth and 230–240bps NIM.