March 02, 2015 6:00 PM ET

Banks

Company Overview of Santander UK plc

Company Overview

Santander UK plc, together with its subsidiaries, provides personal financial products and services, and corporate and commercial banking services in the United Kingdom and internationally. The company’s Retail Banking segment offers residential mortgage and personal loans, savings and current accounts, and credit cards, as well as a range of insurance policies. This segment serves personal banking customers and small businesses through a network of branches and ATMs, as well as through telephony, e-commerce, and intermediary channels. Its Corporate Banking segment provides various banking products and services, including loans, bank accounts, deposits, treasury services, invoice discounting...

2 Triton Square

Regent's Place

London,  NW1 3AN

United Kingdom

Founded in 1988

20,000 Employees

Phone:

44 87 0607 6000

Key Executives for Santander UK plc

Chief Executive Officer
Age: 53
Chief Financial Officer and Executive Director
Age: 49
Chief Operating Officer
Chief Executive Officer of Santander Private Banking International
Head of UK Banking and Executive Director
Age: 50
Compensation as of Fiscal Year 2014.

Santander UK plc Key Developments

Santander UK plc Presents at SPS Investment Strategies for Pension Funds, Feb-12-2015 03:30 PM

Santander UK plc Presents at SPS Investment Strategies for Pension Funds, Feb-12-2015 03:30 PM. Venue: Le Meridien Piccadilly, London, United Kingdom. Speakers: Antony Barker, Director of Pensions.

Santander UK plc Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Reports Impairment Losses on Loans and Advances for the Fourth Quarter Ended December 31, 2014; Provides Earnings Guidance for the Year 2015

Santander UK plc announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net interest income of £890 million against £812 million a year ago. Total operating income was £1,150 million against £1,071 million a year ago. Profit before tax from continuing operations was £388 million against £306 million a year ago. Profit after tax from continuing operations was £303 million against £250 million a year ago. Profit after tax was £303 million against £254 million a year ago. For the year, the company reported net interest income of £3,434 million against £2,963 million a year ago, up 16% in 2014, driven by margin and volume improvements. Total operating income was £4,470 million against £4,029 million a year ago. Profit before tax from continuing operations was £1,399 million against £1,109 million a year ago. Profit after tax from continuing operations was £1,110 million against £898 million a year ago. Profit after tax was £1,110 million against £890 million a year ago. Return on tangible equity was 12.6% against 8.6% a year ago. For the year 2015, the company expected return on tangible equity will be in the range of 13% to 15%. For the quarter, the company reported impairment losses on loans and advances of £18 million against £150 million a year ago. Impairment losses on loans and advances reduced markedly, largely due to the continued strong credit performance in the retail and corporate portfolios and an impairment release in the non-core portfolio.

Santander Uk plc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Santander UK Plc reported earnings results for the third quarter and nine months ended September 30, 2014. The company has reported that profit after tax was GBP 369 million, compared to GBP 277 million for the same quarter ended September 30, 2013. Net interest income for the third quarter ended September 30, 2014 was GBP 871 million, compared to GBP 760 million for the same quarter ended September 30, 2013. Profit after tax for the nine months ended September 30, 2014 was GBP 807 million, compared to GBP 636 million for the same period ended September 30, 2013. Net interest income for the nine months ended September 30, 2014 was GBP 2.54 billion, compared to GBP 2.15 billion for the same period ended September 30, 2013.

Similar Private Companies By Industry

Company Name Region
Scotiabank Europe LLC Europe
Turkish Bank (UK) Limited Europe
Cater Allen Limited Europe
Scarborough Community Bank Europe
Bank Of China (UK) Limited Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 16, 2014
Santander UK plc, Portfolio Of Non-Performing Consumer Loans
Private Placement
October 6, 2014
Friska Limited
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Santander UK plc, please visit www.santander.co.uk. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.