Thrifts and Mortgage Finance
Company Overview of Nottingham Building Society
Nottingham Building Society provides mortgages and savings products in the United Kingdom. It operates through three segments: Building Society, Estate Agency, and Mortgage Broking. The Building Society 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 and estate planning services. Nottingham Building Society was founded in 1849 and is headquartered in Nottingham, the United Kingdom.
3 Fulforth Street
Nottingham, NG1 3DL
Founded in 1849
Key Executives for Nottingham Building Society
Chief Executive Officer, Executive Director, Member of Nominations Committee and Member of Risk Committee
Deputy Chief Executive Officer, Finance Director, Executive Director and Member of Risk Committee
Chief Operating Officer, Executive Director and Member of Risk Committee
Compensation as of Fiscal Year 2016.
Nottingham Building Society Key Developments
West Bromwich Building Society Appoints Ashraf Piranie as Group Finance & Operations Director
Oct 10 16
The Nottingham Building Society has announced that Ashraf Piranie their Deputy CEO and Finance Director will join the West Bromwich Building Society as their Group Finance & Operations Director in 2017. Ash has been with The Nottingham for nine years and, as part of the executive team, has played a key part in the development and success of the Society over that period.
Nottingham Building Society Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016
Jul 29 16
Nottingham Building Society reported unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, the company reported net interest income of £23.1 million against £24.3 million a year ago. Total net income was £26.7 million against £28.9 million a year ago. Profit before tax was £7.1 million against £9.3 million a year ago. Profit after tax for the financial period was £5.5 million against £6.5 million a year ago. Cash flows from operating activities were £9.4 million against £11.7 million a year ago.
Nottingham Building Society Announces Final Consolidated Earnings Results for the Year Ended December 31, 2015
Feb 18 16
Nottingham Building Society announced final consolidated earnings results for the year ended December 31, 2015. For the period, the company reported net interest income was £48 million against £48.9 million a year ago. Profit before tax was £20 million against £17.4 million a year ago. Profit for the year was £15.4 million against £13.9 million a year ago. Cash flow used in operating activities was £8.7 million against cash flow from operating activities of £1.4 million a year ago. Underlying profit increased by 6% to £20.2 million, key drivers on this being strong cost management, a small reduction in depreciation and lower impairment charges.
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