Leeds Building Society has reported profit before tax of £104.4m in the six months to 30 June 2025 in it’s half year results.
The figure is up from £86.4m for the same period last year.
Lending for the first half of the year was on par with the first six months of 2024 at £2.6bn, while arrears accounted for 0.56% of its books, compared to 0.6% in second half of last year.
The society welcomed 19,400 new borrowers and reported improved broker satisfaction, with its Net Promoter Score rising to 67.
The figures come 150 years since the society’s inception.
The mutual helped 9,600 first-time buyers onto the property ladder in H1, up from 7,800 a year earlier, including a record 2,700 completions in March.
Leeds Building Society chief executive Annette Barnes says: “I’m proud of what we have delivered as a society in the first half of 2025.
“I’m grateful to all of our colleagues, our members, and our intermediary partners for their contribution to our continued success, particularly in our 150th year.
“In the first half of 2025 we grew our membership to over one million; a significant milestone that reflects continued confidence in our mutual model. We’ve remained focused on our purpose of putting homeownership within reach of more people, generation after generation, by helping 9,600 people realise the dream of buying their first home.”
