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Nationwide Reports £2bn Profit with Virgin Money Integration Progress
4:26pm on Thursday 21st of May, 2026 AEST
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Financial Services
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Nationwide Reports £2bn Profit with Virgin Money Integration Progress
4:26pm on Thursday 21st of May, 2026 AEST
Key Points
Underlying profit before tax rises 9% to £2.026bn
Market-leading growth in mortgages, deposits, and current accounts
Virgin Money business legally transferred in April 2026
CET1 ratio steady at 19.1%, leverage ratio improves to 5.3%
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Nationwide Building Society (ASX:NBS)
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