Manx Financial Group PLC
is the holding company of a diversified financial services group which offers retail and commercial banking services, payment solutions, foreign exchange, money saving solutions, wealth management, general insurance and life insurance through its subsidiaries.

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Financial Highlights (for the year ended 31st December 2015)

  • Profit before tax: 2.3 million - up 34% (2014: 1.7 million)
  • Profit for the year: 2.1 million - up 32% (2014: 1.6 million)
  • Net interest income: 14.6 million - up 34% (2014: 10.8 million)
  • Loans: 101.4 million - up 13% (2014: 89.3 million)
  • Total assets: 130.0 million - up 9% (2014: 119.5 million)
  • Customer accounts: 106.3 million - up 6% (2014: 100.3 million)
  • Earnings per share: 2.06 pence - up 32% (2014: 1.56 pence)

I am pleased to announce that we have secured a record Profit Before Tax for the year, which has increased by 34% to 2.31 million (2014: 1.73 million), providing a Return on Equity of 17.3% (2014: 15.9%) which, in relative terms to the banking sector, is extremely
high.

James Mellon, Chairman



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