Mortgage Advice Bureau maintains dividend after mixed year
19th Mar 2024 12:23
(Sharecast News) - Mortgage Advice Bureau said in its final results on Tuesday that despite a challenging environment, it achieved a revenue increase of 3.8% in 2023 to £239.5m, and a notable 11.5% rise in gross profit, reaching £70.2m.
Read moreMortgage Advise Bureau ends year slightly ahead of forecasts
25th Jan 2024 15:27
(Sharecast News) - Mortgage Advice Bureau said in an update on Thursday that, despite its caution over activity levels and its annual outlook expressed in September, actual trading in the fourth quarter surpassed expectations, leading it to anticipate reporting an adjusted profit before tax slightly ahead of current market consensus.
Read moreMortgage Advice Bureau reports tougher-than-expected third quarter
26th Sep 2023 13:53
(Sharecast News) - Mortgage Advice Bureau reported a 22% rise in first-half revenue on Tuesday, at £117.5m.
Read moreMortgage Advice Bureau describes stabilising market
24th May 2023 12:39
(Sharecast News) - Mortgage Advice Bureau said in an update on Wednesday that in the second quarter of the year, its adviser numbers stabilised at 2,121 as at 19 May.
Read moreMortgage Advice Bureau reports strong year despite mini-budget fallout
28th Mar 2023 12:56
(Sharecast News) - Mortgage Advice Bureau reported a 22% increase in revenue in its final results on Tuesday, to £230.8m, alongside a 24% rise in gross profit to £62.9m.
Read moreMortgage Advice Bureau tumbles as mini-budget fallout lingers
1st Dec 2022 08:47
(Sharecast News) - Mortgage Advice Bureau said in an update on Friday that written business in October and November was around 50% lower than expected, amid the fallout of the short-lived Liz Truss premiership and its disastrous mini-budget.
Read moreMortgage Advice Bureau profits slip in 'congested' market
27th Sep 2022 15:40
(Sharecast News) - Mortgage Advice Bureau reported a 4% improvement in revenue in its first-half on Tuesday, to £96.5m, as its gross profit was ahead 3% at £25.4m.
Read moreMortgage Advice Bureau trading well despite interest rate hikes
28th Jul 2022 14:36
(Sharecast News) - Mortgage Advice Bureau said in a trading update on Thursday that its first-half revenue increased 3% to £95m, from a comparative period in which mortgage completions were "considerably boosted" by the stamp duty holiday changes in early 2021.
Read moreMortgage Advice Bureau completes purchase of 75pc of Fluent
12th Jul 2022 12:51
(Sharecast News) - Mortgage Advice Bureau completed the acquisition of just over three-quarters of the Fluent Money Group, it announced on Tuesday.
Read moreMortgage Advice Bureau confident amid strong demand
25th May 2022 12:09
(Sharecast News) - Mortgage Advice Bureau said in an update on Wednesday that adviser numbers had grown further since its final results were announced on 28 March, rising 9% in the year-to-date to 2,046 as at 20 May.
Read moreMortgage Advice Bureau flags strong 2021 revenue growth
27th Jan 2022 12:47
(Sharecast News) - Mortgage Advice Bureau said in a trading update on Thursday that it was expecting revenue for 2021 to be 27% higher year-on-year at around £188m, despite the regulatory approval of new appointed representative firms taking longer than in previous years.
Read moreMortgage Advice Bureau upbeat on first half
28th Sep 2021 14:23
(Sharecast News) - Mortgage Advice Bureau reported a 46% rise in revenue in its first half on Tuesday, to £92.4m, as its gross profit improved 43% to £24.6m.
Read moreMortgage Advice Bureau revenues expand in first half
29th Jul 2021 13:25
(Sharecast News) - Mortgage Advice Bureau said in a trading update on Thursday that it achieved revenue of about £91m for the six months ended 30 June, representing a 43% increase over the first half of 2020, which was "heavily affected" by the Covid-19 pandemic, and a 49% increase compared to the first six months of 2019.
Read moreMortgage Advice Bureau trading in line after strong first quarter
25th May 2021 12:40
(Sharecast News) - Consumer intermediary operator Mortgage Advice Bureau updated the market on its trading on Tuesday, reporting that adviser numbers had continued to grow since it reported its final results on 13 March.
Read moreRevenue rises in pandemic year at Mortgage Advice Bureau
23rd Mar 2021 12:06
(Sharecast News) - Mortgage Advice Bureau reported a 3% improvement in full-year revenue on Tuesday, to £148.3m, which included £14.7m of revenue generated by First Mortgage Direct.
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