tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sancus Lending Group Reports Positive Start to 2025 with Revenue and Profit Growth

Story Highlights
Sancus Lending Group Reports Positive Start to 2025 with Revenue and Profit Growth

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Sancus Lending Group ( (GB:LEND) ) has provided an announcement.

Sancus Lending Group reported a positive start to 2025 with a 9% increase in Assets Under Management (AUM) to £258.8 million and a 29% rise in revenue to £9.7 million. The company achieved a profit before tax of £0.1 million, a turnaround from a £0.6 million loss in the previous year, supported by gains from the buy-back of ZDP shares. The company has diversified its funding sources, including a revised funding facility with Pollen Street Capital and a new facility with Paragon Bank, enhancing its capacity to grow its lending book. The Group’s strategic focus on revenue growth and capital strengthening positions it well for future profitability, despite challenging market conditions in the UK.

The most recent analyst rating on (GB:LEND) stock is a Hold with a £0.50 price target. To see the full list of analyst forecasts on Sancus Lending Group stock, see the GB:LEND Stock Forecast page.

Spark’s Take on GB:LEND Stock

According to Spark, TipRanks’ AI Analyst, GB:LEND is a Neutral.

The overall stock score reflects significant financial challenges, including high leverage and liquidity issues. However, positive corporate events and strategic moves to enhance lending capacity and simplify capital structure provide some optimism for future growth.

To see Spark’s full report on GB:LEND stock, click here.

More about Sancus Lending Group

Sancus Lending Group Limited operates in the financial services industry, focusing on residential lending in the UK, Ireland, and the Channel Islands. The company provides property lending services and has a market focus on strengthening its operating platforms and market positions in these regions.

Average Trading Volume: 422,158

Technical Sentiment Signal: Strong Sell

Current Market Cap: £2.58M

See more data about LEND stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1