PR

Together's loan book hits £7.7bn as monthly lending reaches £283m




Together's loan book has reached £7.7bn, according to its results for the quarter ending 31st December 2024.

The group delivered average monthly lending of £283.2m, up 21.6% on the previous year, as its loan book increased from £6.8bn at the end of 2023.

The lender reported an increase in underlying profit before tax by 14.8% to £55.7m for the quarter.

Additionally, Together achieved increases in net interest income by 12.6% and cash receipts by 29.8% compared with the quarter ending in December 2023.


Richard Rowntree, group CEO at Together (pictured above), commented: “I am pleased to report another strong performance during the quarter, reflecting the unique strengths of Together.

“Since joining in November, I have been impressed by the commitment and dedication of the team and everything I have seen has confirmed what attracted me to this market leading business.”

This latest news follows a recent series of promotions and the lender's expansion of its revolving Lakeside securitisation programme (LABS) in November last year.

Leave a comment