Atom bank operating profit hits £27m in record year

Atom bank has announced record financial results after operating profit jumped from £4 million to £27 million in FY23. The app-based bank, headquartered in Durham, said the results were driven by a significant increase in lending while keeping costs exceptionally low. Administrative and general costs increased by just 4%. After delivering its first year of … Continue reading Atom bank operating profit hits £27m in record year