Tandem Bank becomes profitable for first time

Tandem Bank posted its first full-year profit in 2022 as retail deposits more than doubled to £1.8 billion. Tandem, which employs more than 500 people in Blackpool, Cardiff, Durham, London and Manchester, reported underlying operating profit of £4.5 million. Entering the second charge mortgages market for the first time, it originated £350m of deals there … Continue reading Tandem Bank becomes profitable for first time