OneSavings Bank plc was admitted to the main market of the London Stock Exchange in June 2014 (OSB.L).
OneSavings Bank acquired Charter Court Financial Services Group Plc (CCFS) and its subsidiary businesses on 4 October 2019.
For CCFS results and previous investor information please see www.chartercourtfs.co.uk
Latest Annual reportAnnual report for the year ended 31 December 2019 Download report
Financial highlights 2019
See below the Key performance indicators for 2019 which are presented on statutory and pro forma underlying basis. Pro forma underlying results assume that the Combination occurred on 1 January 2018, and include 12 months of results from CCFS. They also exclude exceptional items, integration costs and other acquisition-related items. For more information about statutory and pro forma underlying basis, please see 2019 Annual report.
1. To align calculation methods post Combination, OSB amended NIM calculation to include average interest earning assets on a 13 point average from a simple average. The comparative NIM ratio was restated.
2. To align calculation methods post Combination, loan loss ratio was amended to include gross loans on a 13 point average from a simple average. The comparative ratio remained unchanged.
3. Profit before tax was restated to recognise interest expense on the £22m Perpetual Subordinated Bonds previously classified as equity.
4. To align calculation methods post Combination, return on equity was amended to include average shareholders’ equity on a 13 point average from a simple average. The comparative ratio was restated.