Who we are

Aldermore is a UK bank providing support to small businesses and individuals through award-winning asset finance, invoice finance, motor finance, mortgage and deposit products. Aldermore Group consists of two operating companies, Aldermore Bank plc and MotoNovo Finance Limited and is part of FirstRand Group, the largest financial services group in Africa by market capitalisation.

Aldermore Group PLC is regulated by the Prudential Regulation Authority and the Financial Conduct Authority and is registered under the Financial Services Compensation Scheme.

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Headline figures

Headline figures for full year to 30 June 2024:

  • £253.1m group profit before tax. + 14% vs. FY 2023
  • £15,337m lending balances. +1% vs. FY 2023
  • £16,307m deposit balances. +8% vs. FY 2023
  • 4.00% NIM vs. 4.07% in FY 2023
  • 59.9% statutory cost/income ratio vs. 49.5% in FY 2023
  • (12)bps cost of risk vs. 73bps in FY 2023
  • 11.8% statutory ROE vs. 12.0% in FY 2023
  • 15.9% CET1 ratio vs. 14.8% in FY 2023
  • 241% LCR vs. 265% in FY 2023
Person signing contract
Steven Cooper, CEO of Aldermore Group

The view from our CEO

“Aldermore has had a strong year, despite a challenging economic backdrop. With interest rates remaining high over the period, we are pleased to have achieved positive lending growth in a more subdued market, by focusing on higher returning, more specialised segments in which we retain a significant advantage.

While market headwinds have begun to abate, with slowing inflation and the first interest rate cut in four years, we remain focused on ensuring we support our customers following one of the largest increases in the cost of living in a generation.”

Steven Cooper, CEO of Aldermore Group

  • Results and Presentations

    View our latest financial results, annual statements and presentations.

    Results and presentations
  • Corporate governance

    Information about our Board, committee structure, tax strategy, diversity and Board effectiveness.

    Corporate governance
  • Debt investors

    View our funding information, credit rating, capital issuances and securitisations (Oak and Turbo).

    Debt investors
  • Press releases

    View our latest and historic press releases, and announcements.

    Investors press releases
  • Leadership team

    Find out more about Aldermore Group, our Executive Committee and Board of Directors.

    Our leadership team
  • Contact us

    Contact details for our Investor Relations team and press contacts.

    Investor contacts

Our purpose

As a group, Aldermore’s enduring purpose is to back more people to go for it, in life and business. Our purpose guides everything we do and extends beyond the products and services we offer. 

In the third edition of our Report to Society, you can read about all the ways we bring this purpose to life through the work we do for our customers, colleagues and stakeholders.

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