UK's Nationwide's annual profit up 30% as it integrates Virgin Money

Scots mutual chief doubles down on branches as £1bn returned to members

Debbie Crosbie underlines impact of Virgin Money acquisition

High street Nationwide branches are ‘thriving’ to buck trend of closures

Nationwide Building Society has said its bank branches are “thriving” with more customers coming through the doors over the past year as rival banks slash their high street network.

Nationwide's profit up 30% as it integrates Virgin Money

Britain's Nationwide Building Society has today reported a 30% rise in annual profit as it incorporated the takeover of rival Virgin Money, which made it the country's second biggest mortgage lender.

Nationwide announces record-breaking £2.8bn in returns to customers after merger

Chief executive Debbie Crosbie, Britain’s most successful woman banker, said the building society had an ‘outstanding’ 12 months

High street bank branches are ‘thriving’, Nationwide says

The building society suggested that customers were switching from rival banks in order to make use of its branch network. Nationwide Building Society has said its bank branches are “thriving” with more customers coming through the doors over the past year as rival banks slash their high street network. The building society has pledged to keep all of its nearly 700 branches open until at least the start of 2028. New data from the group revealed t…

Nationwide rewards members with £100 payout after record profits and Virgin Money deal – Your Capital Minds

Nationwide Building Society will hand £100 to more than four million members following what it described as an “outstanding twelve months” of performance, capped by its takeover of Virgin Money and a surge in mortgage lending. The £410 million “Fairer Share” payout — the third consecutive annual bonus to qualifying members — was revealed in Nationwide’s full-year results, which showed profits rising to £2.3 billion, up from £1.8 billion the year…