Report
Elisabeth Rudman ...
  • Tomasz Walkowicz

Mid-size UK Building Societies: Margin Pressure Continues In 2019; Covid-19 and Mortgage Trends Key for the 2020 Outlook

This commentary reviews the 2020 outlook and 2019 earnings of a select group of UK mid-size building societies (collectively "the mid-size UK building societies" or "the building societies" or "the peer group"). The peer group includes, by order of total assets: Coventry Building Society (Coventry), Yorkshire Building Society (Yorkshire), Skipton Building Society (Skipton), Leeds Building Society (Leeds), Principality Building Society (Principality), Newcastle Building Society (Newcastle), and Nottingham Building Society (Nottingham).
Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Elisabeth Rudman

Tomasz Walkowicz

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