August 18, 2017 5:44 PM ET

Thrifts and Mortgage Finance

Company Overview of Nottingham Building Society

Company Overview

Nottingham Building Society provides mortgages and savings products in the United Kingdom. It operates through three segments: Retail Financial Services, Estate Agency, and Mortgage Broking. The Retail Financial Services segment provides mortgages, savings, third party insurance, and investments. The Estate Agency segment provides estate agency and lettings services. The Mortgage Broking segment offers whole of market mortgage broking services. The company also provides financial planning and estate planning services. Nottingham Building Society was founded in 1849 and is headquartered in Nottingham, the United Kingdom.

Nottingham House

3 Fulforth Street

Nottingham,  NG1 3DL

United Kingdom

Founded in 1849

696 Employees

Phone:

44 34 4481 4444

Key Executives for Nottingham Building Society

CEO & Executive Director
Age: 52
Chief Operating Officer and Executive Director
Age: 47
Head of Treasury Risk
Head of Central Sales and Service
Compensation as of Fiscal Year 2017.

Nottingham Building Society Key Developments

Nottingham Building Society Reports Un-Audited Consolidated Earnings Results for the Six Months Ended June 30, 2017

Nottingham Building Society reported un-audited consolidated earnings results for the six months ended June 30, 2017. For the six months, the company reported interest receivable and similar income of £40.9 million compared to £46.2 million, net interest income of £23.9 million compared to £23.1 million, total net income of £28.5 million compared to £26.7 million, profit before tax of £7.6 million compared to £7.1 million, profit after tax of £6.0 million compared to £5.5 million, cash flows from operating activities of £10.4 million compared to £9.4 million, increase in other assets of £1.7 million compared to £0.8 million for the last year.

Nottingham Building Society Appoints Dan Mundy as Finance Director

The Nottingham Building Society announced the appointment of Dan Mundy as Finance Director (subject to final regulatory approval). He succeeds Ashraf Piranie who recently left the Society to join West Bromwich Building Society. Dan joins from the Co-op Bank where he held the position of Director of Finance. Dan has extensive experience which has been built up in previous senior roles at Santander, the FSA, Nationwide and Yorkshire Building Society. Dan will be taking up his new role at The Nottingham after Easter.

Ashraf Piranie Resigns from Nottingham Building Society as Deputy CEO and Finance Director

Nottingham Building Society confirmed that Ashraf Piranie their Deputy CEO and Finance Director has resigned as a Director of the Society with effect from 23rd February 2017.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 20, 2017
Norwich and Peterborough Building Society, Seven Branches
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