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Santander UK PLC (SANS_pa.L)

SANS_pa.L on London Stock Exchange

151.50GBp
17 Oct 2017
Change (% chg)

0.12 (+0.08%)
Prev Close
151.38
Open
151.50
Day's High
152.66
Day's Low
152.64
Volume
6,750
Avg. Vol
9,172
52-wk High
153.00
52-wk Low
135.00

Latest Key Developments (Source: Significant Developments)

Moody's takes rating actions on 11 UK banks and building societies
Wednesday, 2 Aug 2017 03:31am EDT 

Aug 2 (Reuters) - :Moody's takes rating actions on 11 UK banks,building societies reflecting increased resilience to expected deterioration in uk operating environment.Moody's: affirmed the ratings of eight UK banks and building societies.Moody's - ratings of Lloyds Banking Group,units placed on review for upgrade, apart from P-1 short-term ratings of Lloyds Bank Plc which were affirmed.Moody's: changing the outlooks on the deposit ratings of five uk banks and building societies to stable from negative.moody's: maintaining stable outlooks on the deposit ratings of three other firms.Moody's: leeds building society's ratings were downgraded, principality building society's ratings were upgraded.Moody's-Change in outlook reflect view UK banks,building societies now generally better positioned for modest worsening in UK operating environment.Moody's: lowered its uk macro profile to 'strong+' from 'very strong-',.  Full Article

Santander UK reports first half profit before tax of 1.06 bln stg
Friday, 28 Jul 2017 02:39am EDT 

July 28 (Reuters) - SANTANDER UK PLC ::H1 PROFIT BEFORE TAX OF 1,063 MLN STG.H1 ADJUSTED PROFIT BEFORE TAX OF 1,122 MLN STG, UP 13 PCT YEAR-ON-YEAR.H1 RETAIL BANKING CURRENT ACCOUNT BALANCES, UP 1.5 BLN STG, AND H1 COMMERCIAL BANKING DEPOSIT BALANCES, UP 0.9 BLN STG.H1 NET LENDING TO UK COMPANIES OF £0.7BN IN 2017, DRIVEN BY DEMAND FROM MEDIUM AND LARGE CORPORATE CUSTOMERS.H1 NIM OF 1.53% AND BANKING NIM OF 1.91%, UP 5BPS AND 12BPS, RESPECTIVELY, ON FY16.SANTANDER UK PLC-EXPECT 2017 BANKING NIM TO BE SLIGHTLY HIGHER THAN IN 2016; EXPECT 2017 GROSS MORTGAGE LENDING GROWTH TO BE BROADLY IN LINE WITH MARKET.SANTANDER UK PLC - EXPECT LENDING TO UK COMPANIES TO BE BROADLY CONSISTENT WITH OVERALL CORPORATE BORROWING GROWTH.H1 CET1 CAPITAL RATIO OF 12.1%, UP 50BPS.  Full Article

Yes Bank says Santander signs agreement with co to boost UK-India trade, local business networking opportunities
Tuesday, 4 Jul 2017 07:23am EDT 

July 4 (Reuters) - Yes Bank Ltd ::Says Santander signs a new agreement with Yes Bank to boost UK-India trade and local business networking opportunities.Via new partnership, Santander will be able to offer its clients access to banking facilities, local support in India through Yes Bank's network.Via new partnership, co's customers will gain access to financial, practical support that Santander offers businesses looking to trade internationally.  Full Article

Santander UK Q1 adjusted pretax profit rises
Wednesday, 26 Apr 2017 02:30am EDT 

April 26 (Reuters) - Santander UK Plc ::Q1 pretax profit 525 million stg.For Q1, broadly flat profit before tax of 525 mln stg; adjusted profit before tax 2 of 582 mln stg, up 6 pct year-on-year.Adjusting for banking reform costs and PPI provision charge, Q1 profit before tax was 582 mln stg, up 6 pct.Performance underpinned by operating income growth, cost discipline, and good credit quality that resulted in Q1 profit before tax of 525 mln stg.For Q1, net mortgage lending of (0.4) bln stg, reflecting management pricing actions in Q416 that impacted new mortgage approval.An additional provision charge for PPI, including Plevin, of 32 mln stg reflecting FCA final rules and guidance.Improved CET1 capital of 11.9 pct and a leverage ratio of 4.1 pct, driven by steady profit and capital generation.Q1 retail current account balances increased 1.0 bln stg.Q1 NIM of 1.51 pct and banking nim of 1.89 pct, up 3bps and 10bps, respectively, on 2016.Anticipate a changeable and potentially more challenging macro environment.Remain confident of our ongoing ability.2018 target of loyal retail customers 4.7 million, loyal SME and corporate customers 308,000, digital customers 6.5 million.  Full Article

Fitch Places Santander UK plc & Abbey National Treasury Services on Rating Watch Positive

(The following statement was released by the rating agency) LONDON, October 09 (Fitch) Fitch Ratings has placed Santander UK plc (San UK) and its subsidiary, Abbey National Treasury Services plc's (ANTS) 'A' Long-Term Issuer Default Ratings (IDR) and Derivative Counterparty Ratings (DCR) on Rating Watch Positive (RWP). San UK's Viability Rating and the ratings assigned to San UK's and ANTS' subordinated debt are unaffected by the rating action. A full list of rating actions is at the end of this

No consensus analysis data available.