Average monthly lending increased to £300.6m, up 6.1% year-on-year and 11.1% on the previous quarter.
Underlying pre-tax profits increased 6.5% compared to the same quarter last year and were up 6.5% on the previous quarter as the group continues to focus on cost control.
Together said the group net loan book now stands at £8.1bn, while arrears continued to improve at 5.2%, compared to 5.5% in the previous quarter.
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Richard Rowntree, group CEO at Together (pictured above), commented: “We are pleased to report another strong quarter, with robust originations driving our loan book to a new high, supported by an attractive net interest margin and a continued increase in underlying profit before tax.
“We continued to execute our strategic plan at pace, advancing our transformation programme, enhancing our board and maintaining our funding momentum, demonstrating both the strength of our platform and the confidence of our partners.”
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