Craft

Aldermore Bank

Revenue

£652 M

FY, 2018

Aldermore Bank Summary

Company Summary

Overview
Aldermore Bank is a retail bank which provides financial services to small and medium-sized businesses. Its services include retail and business savings and asset and invoice finance, as well as commercial and residential mortgages. The Bank offers lending across the following areas: asset finance, invoice finance, SME commercial mortgages, buy-to-let mortgages and residential mortgages. Its lending activity is largely funded by the deposits it receives from business and personal savers. Aldermore has no branch network but serves customers and intermediary partners online, by phone and face to face through its regional offices. It was also the first bank to offer this service and publishes this customer feedback unedited on its website.
Type
Subsidiary
Status
Active
Founded
2009
HQ
Peterborough, GB | view all locations
Website
http://aldermore.co.uk
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Richard Banks CBE

    Richard Banks CBE, Independent Non-Executive Director

    • Steven Cooper

      Steven Cooper, Chief Executive Officer

      • Tim Boag

        Tim Boag, Group Managing Director – Business Finance

        • John Hitchins

          John Hitchins, Independent Non-Executive Director

          Operating MetricsView all

          Customers

          222.9K
          14.3%

          FY, 2016

          LocationsView all

          6 locations detected

          • Peterborough HQ

            United Kingdom

            Aldermore 1st floor, Block B Western House Lynch Wood

          • Birmingham, AL

            United States

            Birmingham, AL, USA

          • London, England

            United Kingdom

            6 The Monument Building, Monument St, Bridge

          • Manchester, England

            United Kingdom

            40 Spring Gardens

          • Reading, England

            United Kingdom

            3 Forbury Rd

          • Wallsend, England

            United Kingdom

            PO Box 762

          Aldermore Bank Financials

          Summary Financials

          Revenue (FY, 2018)
          £652.0M
          Net income (FY, 2018)
          £155.9M
          Cash (FY, 2018)
          £508.8M
          EBIT (FY, 2018)
          £232.3M

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