Business
Shawbrook Full Year 2025 Results
Shawbrook Group plc reported strong full-year results for 2025, with underlying profit before tax increasing by 16% to £340.5 million and underlying earnings per share also rising 16% to 47 pence, while maintaining an underlying return on tangible equity of 17.2%. The loan book expanded by 16% to £19.2 billion, supported by a 16% increase in deposits to £18.4 billion. The cost to income ratio improved to 39.0%, and the cost of risk remained stable at 47 basis points. Capital resources were strong, with a CET1 ratio of 12.4%. The company reiterated its medium-term guidance for loan book growth, cost to income ratio, profit before tax growth, and return on tangible equity, and anticipates a maiden ordinary dividend in respect of FY26 results. Disclaimer*
About this update from Shawbrook Group Plc
[{"type":"text","content":"\n\n\n\n\n\nShawbrook Group plc\n \n\n\n\n\nFull year results for the 12 months to December 2025\n \n\n\n\n\n12 March 2026 - Shawbrook Group plc ('Shawbrook' or the 'Group') today announces its full year results for the year ended 31 December 2025.\n \n\n\n\n\nMarcelino Castrillo, Chief Executive Officer, commented:\n\"2025 was another year of disciplined execution and strategic progress for Shawbrook. We continued to deliver both high-quality growth and attractive risk-adjusted returns, with underlying profit before tax up 16%, an underlying return on tangible equity of 17.2% and loan book growth of 16%1.\n \nThis performance demonstrates the strength and consistency of the specialist model we have built over the last 15 years. We also completed our IPO, returning Shawbrook to the public markets and the FTSE 250. During the year, we continued to allocate capital selectively into segments where risk-adjusted returns meet or exceed our hurdle rates, supported by targeted origination, disciplined underwriting and active portfolio management.\n \nWe continued to benefit from the scalability of our platform, where sustained investment in our technology and data infrastructure has enabled us to embed AI across the organisation. AI-enabled tools are supporting core activities including valuation handling, broker engagement and customer support. The knowledge and expertise of our people remain central to our decision-making, but now data and AI can sharpen, accelerate and make those decisions more consistent at scale.\n \nWe enter 2026 with strong momentum and a clear line of sight to delivering our medium-term guidance. With a scalable platform, prudent capital allocation and proven execution, we are well positioned to continue delivering high-quality growth and returns for shareholders, while supporting our customers and contributing to economic growth across the UK.\"\n \n\n\n\n\nFinancial highlights:\n\n\n\n\n•\n\n\nUnderlying basic EPS increased by 16% to 47 pence (FY 2024: 40 pence).\n\n\n\n\n•\n\n\nUnderlying return on tangible equity was 17.2% (FY 2024: 17.5%).\n\n\n\n\n•\n\n\nUnderlying profit before tax increased 16% to £340.5 million (FY 2024: £293.8 million).\n\n\n\n\n•\n\n\nUnderlying cost to income ratio improved to 39.0% (FY 2024: 40.8%).\n\n\n\n\n•\n\n\nCredit quality remained resilien...