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Nationwide Builds Momentum with £977m Profit and Virgin Money Integration

8:28am on Friday 21st of November, 2025 AEDT Financial Services
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Nationwide Builds Momentum with £977m Profit and Virgin Money Integration

8:28am on Friday 21st of November, 2025 AEDT
Key Points
  • Underlying profit before tax increased to £977 million
  • Mortgage balances grew to £280.6 billion with market share rising to 16.3%
  • Retail deposits climbed to £266.0 billion, maintaining 12.2% market share
  • Virgin Money integration progressing ahead of plan with Part VII transfer scheduled for April 2026
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