Company Profile For Northern Rock Plc
Northern Rock Plc (NRKx.L) (London Stock Exchange)
sector: Financials ·
industry: Consumer Financial Services ·
Overview
Northern Rock plc is a mortgage and savings bank based in the United Kingdom. Its core lending business is United Kingdom residential mortgages, which comprise over 90% by value of total loans and advances to customers. The balance of loans and advances to customers includes a portfolio of personal unsecured loans and a small portfolio of secured commercial loans. The distribution network consists of over 70 branches, plus postal, telephone and Internet operations. The Company also uses the United Kingdom financial intermediary market to distribute products to customers.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2007, Northern Rock plc's total interest income fell 39% to £3.19B. Net interest income after LLP fell 10% to £335.8M. Net income rose less than 1% to £188.2M. Net interest income reflects an increase in interest & other income, partially offset by higher interest expense. Net income also reflects the presence of gain on disposal of available sale securities and lower depreciation & amortization charges.
Company Address
Northern Rock Plc
Northern Rock House
Gosforth
Newcastle-upon-Tyne ENG NE3 4PL
P: +44191.2857191
F: +44191.2848470
Northern Rock House
Gosforth
Newcastle-upon-Tyne ENG NE3 4PL
P: +44191.2857191
F: +44191.2848470
Total Employees
4811
Find Out More About NRKx.L
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Commodities
| Commodity | Last | Pct Chg | Trade Date/Time |
|---|---|---|---|
| Oil | 77.06 | +0.78% | 11/25 17:20 IST |
| Gold | 1179.3 | +1.14% | 11/25 17:00 IST |
