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An announcement from Mortgage Advice Bureau (Holdings) ( (GB:MAB1) ) is now available.
Mortgage Advice Bureau (Holdings) PLC announced an 11% rise in group revenue to approximately £266 million for the year ending December 31, 2024, and a 31% increase in adjusted profit before tax. The company saw growth in adviser productivity and expects continued momentum in 2025, supported by technology enhancements and lead-generation initiatives. MAB also announced board changes, including the appointment of Paul Gill as an Executive Director, and plans to add two Independent Non-Executive Directors. The upcoming Capital Markets Day will discuss the company’s strategy, growth plans, and new capital allocation policy.
More about Mortgage Advice Bureau (Holdings)
Mortgage Advice Bureau (Holdings) PLC is a prominent consumer intermediary brand and specialist network within the UK for mortgage advisers. Through its network of Appointed Representatives, MAB offers expert advice on a broad range of mortgage, specialist lending, protection, and general insurance products. The company supports its network of approximately 2,000 advisers with proprietary technology, recruitment, lead generation, compliance auditing, and digital marketing services.
YTD Price Performance: 3.28%
Average Trading Volume: 96,913
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £365.1M
For an in-depth examination of MAB1 stock, go to TipRanks’ Stock Analysis page.
