TSB Reports 20.7% Rise in Pre-Tax Profits Ahead of Santander Takeover
ByAinvest
Friday, Feb 6, 2026 3:14 am ET1min read
SAN--
TSB reported a 20.7% increase in pre-tax profits to £350.4m for 2025, driven by cost reductions and income growth. Loans to customers fell 0.2% to £36.3bn in a "challenging lending market." CEO Marc Armengol will step down to head Sabadell, and the TSB brand may be phased out after Santander's takeover, expected to complete in H1 2023.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet