- Shawbrook Group
- 12 March 2026 11:05:45
Source: Sharecast
In the year to the end of December 2025, underlying pre-tax profit was up 16% at £340.5m, while the underlying return on tangible equity was 17.2%, up from 17.5% a year earlier.
Underlying basic earnings per share ticked up 16% to 47p. The loan book grew 16% to £19.2bn, driven by strong demand for Shawbrook’s offering across specialist commercial and retail markets, while deposits increased 16% to £18.4bn.
Chief executive Marcelino Castrillo said 2025 had been another year of disciplined execution and strategic progress for Shawbrook.
"This performance demonstrates the strength and consistency of the specialist model we have built over the last 15 years," he said.
"We also completed our IPO, returning Shawbrook to the public markets and the FTSE 250. During the year, we continued to allocate capital selectively into segments where risk-adjusted returns meet or exceed our hurdle rates, supported by targeted origination, disciplined underwriting and active portfolio management.
"We continued to benefit from the scalability of our platform, where sustained investment in our technology and data infrastructure has enabled us to embed AI across the organisation. AI-enabled tools are supporting core activities including valuation handling, broker engagement and customer support. The knowledge and expertise of our people remain central to our decision-making, but now data and AI can sharpen, accelerate and make those decisions more consistent at scale."
Castrillo said Shawbrook entered 2026 with strong momentum and "a clear line of sight to delivering our medium-term guidance".
At 1105 GMT, the shares were down 6.8% at 383.22p.
Russ Mould, investment director at AJ Bell, said: "Six months after its return to the UK stock market, specialist lender Shawbrook is nearly back to its 2025 IPO price after an initial rally.
"Net income was marginally below expectations, but otherwise it was a solid performance in its full-year results.
"It’s likely that investors were disappointed that management didn’t upgrade medium-term guidance. One would have thought sticking to guidance shows a resilient business with confidence in what it can achieve. Unfortunately, investors often have high expectations and continuously want more."