July 23, 2014 4:32 AM ET

Diversified Financial Services

Company Overview of Newcastle Building Society

Company Overview

Newcastle Building Society, a building society, provides savings, investment, mortgage, and insurance products to members and customers in the United Kingdom. It offers home insurance, life protection, and landlords’ insurance. The company also provides residential and commercial property rental services; financial advice; specialized products and services; managed IT services; and business-to-business services through people, processes, and technology. Newcastle Building Society is headquartered in Newcastle upon Tyne, the United Kingdom.

Portland House

New Bridge Street

Newcastle upon Tyne,  NE1 8AL

United Kingdom

876 Employees

Phone:

44 19 1244 2000

Key Executives for Newcastle Building Society

Chief Executive
Age: 58
Deputy Chief Executive
Age: 47
Chief Operating Officer and Executive Director
Age: 50
Group Secretary
Executive
Compensation as of Fiscal Year 2014.

Newcastle Building Society Key Developments

Newcastle Building Society Announces Preliminary Consolidated Earnings Results for the Year Ended December 31, 2013

Newcastle Building Society announced preliminary consolidated earnings results for the year ended December 31, 2013. For the period, the company reported interest receivable and similar income was £95.0 million compared to £110.3 million a year ago. Net interest receivable was £23.4 million compared to £19.9 million a year ago. Operating profit before impairments, provisions and exceptional items was £10.6 million compared to £10.4 million a year ago. Profit for the year before taxation was £2.0 million compared to £1.5 million a year ago. Result after taxation was £0.1 million. Net cash used in operating activities was £259.3 million compared to £73.4 million for the same period a year ago. Purchase of property, plant and equipment was £0.6 million compared to £1.7 million for the same period a year ago.

Newcastle Building Society Announces Appointment of Patrick Ferguson as Strategy Planning and Risk Director

Newcastle Building Society (NBS) announced the appointment of Patrick Ferguson, formerly Group Risk Executive, has been promoted to Strategy Planning and Risk Director.

Newcastle Building Society Announces Executive Appointments

Newcastle Building Society (NBS) has made two appointments to its main Board. Andrew Haigh joins as an Executive Director taking up the role of Chief Operating Officer. Andrew was the former Chief Executive of Engage Mutual Assurance. Angela Russell, the Society's Finance Director since July 2010, has taken up the additional role of Deputy Chief Executive. These appointments take place with immediate effect.

Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
 

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