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Mortgage Advice Bureau (Holdings) ( (GB:MAB1) ) has shared an update.
Mortgage Advice Bureau (MAB) has announced new medium-term targets and a capital allocation framework, alongside potential strategic moves, during their upcoming Capital Markets Day. The company aims to double revenue and market share, achieve a PBT margin of over 15%, and maintain cash conversion above 100%. The new capital framework shifts to a progressive dividend policy and includes an annual review to optimize shareholder returns. Furthermore, MAB is considering moving to the Main Market to meet FTSE 250 index criteria, enhancing its profile and investor access. These initiatives signal MAB’s commitment to significant business growth and increased market presence.
More about Mortgage Advice Bureau (Holdings)
Mortgage Advice Bureau (MAB) is a leading consumer intermediary brand and specialist network in the UK for mortgage advisers. It operates through partner firms known as Appointed Representatives, with approximately 2,000 advisers offering expert advice on mortgages, specialist lending, protection, and general insurance products. MAB supports these firms with proprietary technology and services, including recruitment, compliance auditing, and digital marketing solutions.
YTD Price Performance: 17.38%
Average Trading Volume: 87,759
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £415M
For a thorough assessment of MAB1 stock, go to TipRanks’ Stock Analysis page.
