Person looking out from high rise building

Who we are

Aldermore is a UK bank providing support to small businesses and individuals through award-winning asset finance, invoice finance, motor finance, mortgage and deposit products. Aldermore Group consists of two operating companies, Aldermore Bank plc and MotoNovo Finance Limited and is part of FirstRand Group, the largest financial services group in Africa by market capitalisation.

Aldermore Group PLC is regulated by the Prudential Regulation Authority and the Financial Conduct Authority and is registered under the Financial Services Compensation Scheme.

Headline figures for H1 2024

Headline figures for half year to 31 December 2023:

  • Group operating profit of £132.8m. +13% vs H1 2023
  • £14,983m lending balances. -3% vs H1 2023
  • £15,892m deposit balances. +4% vs H1 2023
  • 3.99% NIM vs 3.91% in H1 2023
  • 55.9% statutory cost income ratio vs 47.4% in H1 2023
  • 33bps cost of risk vs 70bps in H1 2023
  • 9.6% statutory RoE vs 12.1% in H1 2023
  • 14.9% CET1 ratio vs 14.0% at December 2023
  • 248% LCR vs 218% at December 2023
Person signing contract
Steven Cooper, CEO of Aldermore Group

The view from our CEO

"We’re pleased with our performance in the half, delivering strong underlying profits supported by increased revenues, a fall in impairments and steady growth in customer deposits despite fierce competition. This has been achieved against a backdrop of difficult economic conditions and a property market which has been at its most subdued in many years. We’re now supporting over 800,000 customers – helping those that the traditional high street banks typically overlook, to ensure they get the support to go for it in life and business."

Steven Cooper, CEO of Aldermore Group

  • Results and Presentations

    View our latest financial results, annual statements and presentations.

    Results and presentations
  • Corporate governance

    Information about our Board, committee structure, tax strategy, diversity and Board effectiveness.

    Corporate governance
  • Debt investors

    View our funding information, credit rating, capital issuances and securitisations (Oak and Turbo).

    Debt investors
  • Press releases

    View our latest and historic press releases, and announcements.

    Investors press releases
  • Leadership team

    Find out more about Aldermore Group, our Executive Committee and Board of Directors.

    Our leadership team
  • Contact us

    Contact details for our Investor Relations team and press contacts.

    Investor contacts

Our purpose

As a group, Aldermore’s enduring purpose is to back more people to go for it, in life and business. Our purpose guides everything we do and extends beyond the products and services we offer. 

Our report to society assesses the progress that Aldermore has made in 2023, a year on from its first Report to Society in 2022. It also identifies ways we can continue to make a positive contribution to social mobility.

Latest downloads

  • Half year results for six months to 31 December 2023

  • Aldermore Group's Report to Society 2023