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Shareholder Update Q1 2026

Tandem delivered a resilient performance in 2025, despite a challenging market. The business generated £17.4m underlying operating profit and increased assets under management by 11.2% to £1.68bn, supported by strong lending growth and improved net interest margin of 7.0%.

However, one‑off impacts, including provisions for motor finance redress, led to a statutory loss before tax of £8.7m.

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Explore the full breakdown of our performance, financials and the milestones that shaped the year.