Bank of Scotland Plc Reports Robust 2025 Half-Year Results

Bank of Scotland Plc has announced its financial performance for the first half of 2025. The group reported a notable increase in profit before tax, reaching £680 million, compared to £427 million in the same period of 2024. This growth was driven primarily by a rise in total income, which stood at £2,634 million, marking a 29% increase from the previous year.

The net interest income saw growth due to higher interest-earning assets and margin improvements. Despite this, operating expenses climbed by 18%, influenced by inflationary pressures and strategic investments. The impairment charge also increased to £60 million from £4 million the previous year.

On the balance sheet side, total assets increased to £338,088 million, largely due to a £6,726 million rise in loans and advances to customers, particularly in the UK mortgage sector. The Bank's capital ratios experienced slight reductions owing to an increase in risk-weighted assets and dividend accruals.