Nationwide's Profit up 30% as It Integrates Virgin Money

Scots mutual chief doubles down on branches as £1bn returned to members

Debbie Crosbie underlines impact of Virgin Money acquisition

High street Nationwide branches are ‘thriving’ to buck trend of closures

Nationwide Building Society has said its bank branches are “thriving” with more customers coming through the doors over the past year as rival banks slash their high street network.

Nationwide's profit up 30% as it integrates Virgin Money

Britain's Nationwide Building Society has today reported a 30% rise in annual profit as it incorporated the takeover of rival Virgin Money, which made it the country's second biggest mortgage lender.

High street bank branches are ‘thriving’, Nationwide says

The building society suggested that customers were switching from rival banks in order to make use of its branch network.

Nationwide results point to increased market share – Mortgage Finance Gazette

Nationwide revealed an increased market share and increased net lending in its latest results for the year to end of March 2025. Mortgage balances increased to £275.9bn (2024: £204.5bn) with a market share of balances of 16.2% (2024: 12.3%), driven by record net lending of… The post Nationwide results point to increased market share appeared first on Mortgage Finance Gazette.

Nationwide hands out £100 to four million members after profit boost

NATIONWIDE Building Society will hand £100 each to more than four million members after it reported an increase in profits following its takeover of Virgin Money.The payment, Nationwide’s third “fairer share” payout, will total about £410 million. It comes on top of £1 billion of cash returned to members in the year to the end of March, and £1.8 billion of benefits passed on through competitive savings and mortgage rates, reported The Times.Nati…