Aldermore Bank

Aldermore is an SME-focused bank offering straightforward award-winning products and solutions to meet the needs of disenfranchised and underserved Small and Medium-sized Enterprises (SMEs), homeowners and savers across both their business and personal lives. Aldermore has no branch network but serves customers and intermediary partners online, by phone and face to face through its network of twelve regional offices located around the UK. Building on its core values of being reliable, expert, straightforward and dynamic, Aldermore aims to deliver banking as it should be. Aldermore Bank PLC is an operating entity of Aldermore Group PLC. In March 2015, Aldermore Group PLC’s shares (ALD.L) listed on the Main Market of the London Stock Exchange. Aldermore Bank PLC is regulated by the Prudential Regulation Authority and the Financial Conduct Authority and is registered under the Financial Services Compensation Scheme.
Company Growth (employees)
Type
Public
HQ
Peterborough, GB
Founded
2009
Size (employees)
845 (est)
Aldermore Bank was founded in 2009 and is headquartered in Peterborough, GB

Key People at Aldermore Bank

David Arculus

David Arculus

Chairman

Aldermore Bank Office Locations

Aldermore Bank has offices in Peterborough, London, Manchester, Reading and in 1 other location
Peterborough, GB (HQ)
Aldermore 1st floor, Block B Western House Lynch Wood

Aldermore Bank Data and Metrics

Aldermore Bank Financial Metrics

Aldermore Bank's revenue was reported to be £392.8 m in FY, 2016 which is a 18% increase from the previous period.
GBP

Revenue (FY, 2016)

392.8 m

Revenue growth (FY, 2015 - FY, 2016), %

18%

Net income (FY, 2016)

92.3 m

Market capitalization (24-Jul-2017)

783.6 m

Closing share price (24-Jul-2017)

2.2

Cash (31-Dec-2016)

116.4 m
Aldermore Bank's current market capitalization is £783.6 m.
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

191.7 m266.6 m332.2 m392.8 m

Revenue growth, %

39%25%18%

Pre tax profit

25.7 m51.8 m95.8 m127.3 m

Net Income

25.7 m39.7 m80.1 m92.3 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash

192.8 m79.6 m105.3 m116.4 m

Accounts Receivable

4 b1.3 b1.5 b8.2 b

Current Assets

4.2 b1.3 b1.6 b8.4 b

PP&E

24.5 m4.2 b5.4 b15.1 m

Goodwill

18.4 m19.8 m21.9 m

Total Assets

4.2 b5.6 b7 b8.4 b

Accounts Payable

3.1 b3.8 b4.7 b7.5 b

Current Liabilities

3.2 b4.2 b5 b7.8 b

Total Liabilities

3.9 b5.2 b6.5 b7.8 b

Retained Earnings

25.7 m39.7 m80.1 m92.3 m

Total Equity

259.4 m374.8 m527.3 m619.4 m

Financial Leverage

16.2 x14.9 x13.3 x13.6 x
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash From Operating Activities

296.4 m(205.7 m)49.3 m

Cash From Financing Activities

56.4 m69.1 m65.5 m45.3 m

Income Taxes Paid

14 k(12.1 m)(15.7 m)(35 m)
Y, 2016

Financial Leverage

13.6 x

Aldermore Bank Market Value History

Traffic Overview of Aldermore Bank

Aldermore Bank Online and Social Media Presence

Aldermore Bank News and Updates

City Moves for 13 January 2017 | Who’s switching jobs

Sidley Austin  Sidley Austin has appointed Jennifer Brennan as a partner in its corporate restructuring and bankruptcy practice. She was previously with Linklaters. Jennifer is the latest in a number of partner additions in London and Munich as the firm continues to expand its offering to private…

City Moves for 15 November 2016 | Who’s switching jobs

Harrods Bank Harrods Bank has appointed Mark Stephens as its new chief executive officer. Mark joins Harrods Bank following seven years at Aldermore Bank, most recently in the role of deputy chief executive and group commercial director. Mark will be responsible for the overall leadership and dir…

Aldermore Bank Company Life and Culture

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