TSB Reports 21% Profit Rise Amid Economic Uncertainty

Friday, Feb 6, 2026 6:53 pm ET1min read
SAN--

TSB has reported a 21% increase in profits to £350m for 2025, driven by a rise in its net interest margin. However, customer lending was "broadly flat" compared to the previous year in a "challenging" market. The lender's Spanish owner Sabadell agreed to sell TSB to Santander last year in a deal valued at up to £2.9bn, raising fears for the future of TSB's 175 branches.

TSB Reports 21% Profit Rise Amid Economic Uncertainty

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