OSB Group (OSB)

Sector:

Financials

Index:

FTSE 250

366.20p
   
  • Change Today:
    -9.80p
  • 52 Week High: 516.00
  • 52 Week Low: 280.80
  • Currency: UK Pounds
  • Shares Issued: 382.65m
  • Volume: 865,412
  • Market Cap: £1,401.25m
  • RiskGrade: 184

OSB lifts loan book outlook on higher rates, mortgage demand

By Frank Prenesti

Date: Wednesday 03 May 2023

LONDON (ShareCast) - (Sharecast News) - Buy-to-let lender OSB Group lifted its full-year outlook for underlying net loan book growth on Wednesday as interest rates and mortgage loan demand both rose.
The bank hiked its outlook to 7% from about 5% as it reported a 3% increase in underlying net loans and advances for the first quarter to £24.2bn.

"Whilst we remain mindful of the uncertain macroeconomic outlook, the growth so far this year and the current level of demand enable us to increase our full year guidance for underlying net loan book growth," said chief executive Andy Golding.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

OSB Group Market Data

Currency UK Pounds
Share Price 366.20p
Change Today -9.80p
% Change -2.61 %
52 Week High 516.00
52 Week Low 280.80
Volume 865,412
Shares Issued 382.65m
Market Cap £1,401.25m
RiskGrade 184

OSB Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.60% above the market average99.60% above the market average99.60% above the market average99.60% above the market average99.60% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
32.3% below the market average32.3% below the market average32.3% below the market average32.3% below the market average32.3% below the market average
42.11% below the sector average42.11% below the sector average42.11% below the sector average42.11% below the sector average42.11% below the sector average
Income
99.48% above the market average99.48% above the market average99.48% above the market average99.48% above the market average99.48% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
74.03% below the market average74.03% below the market average74.03% below the market average74.03% below the market average74.03% below the market average
57.69% below the sector average57.69% below the sector average57.69% below the sector average57.69% below the sector average57.69% below the sector average

What The Brokers Say

Strong Buy 3
Buy 6
Neutral 1
Sell 0
Strong Sell 0
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

OSB Group Dividends

  Latest Previous
  Interim Final
Ex-Div 22-Aug-24 04-Apr-24
Paid 20-Sep-24 14-May-24
Amount 10.70p 21.80p

Trades for 06-Sep-2024

Time Volume / Share Price
16:57 151,844 @ 374.06p
16:35 205,352 @ 366.20p
16:35 3,573 @ 366.20p
16:35 202 @ 366.20p
16:35 329 @ 366.20p

OSB Group Key Personnel

CEO Andy Golding
CFO Victoria Hyde

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