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Manx Financial Grp PLC OrdNPV (MFX)

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29-Mar-2019 08:29 AM

Manx Financial profits flat after HQ move, 'ultra-conservative' provisioning

Financial services company Manx Financial Group posted a broadly flat annual profit after it incurred higher costs opening a new HQ in Newbury. Pre-tax profit for the year through December edged up 0.4% to £2.7m. Total assets increased by 13.8% t
04-Sep-2018 09:42 AM

Manx Financial profit rises on higher fee income

Isle of Man-based financial services group Manx Financial booked a rise in first-half profit, as higher fee and commission income offset lower interest income. Pre-tax profit for the six months through June rose to £1.4m, up from £922k on-yea
16-Mar-2018 07:27 AM

Manx Financial profit up 75%, considers raising more capital

Manx Financial Group posted a 78% rise in annual profit, driven by an increased contribution from its financial advisory business. Pre-tax profit grew to £2.7m, up from £1.5m a year earlier. Manx said it would require further regulatory capi
22-Feb-2018 09:28 AM

Manx subsidiary buys 40% in Business Lending Exchange

Manx Financial subsidiary Conister Bank has entered into a £4 million wholesale funding agreement on an "arms-length" basis with The Business Lending Exchange (BLX). Simultaneously, Conister Bank has acquired a 40% shareholding in BLX a
04-Jul-2017 02:00 PM

Board changes at Manx

Manx Financial Group has confirmed that David Gibson, an independent non-executive director of the Group, has been appointed as the Chairman of Conister Bank following the retirement of Neil Duggan, non-executive director of the Group and Chairman of Coni
02-Jun-2017 02:04 PM

All resoultions passed at AGM of Manx

Manx Financial Group has announced that, at the Annual General Meeing of the Company held today, all resolutions were passed. At 2:04pm: (LON:MFX) Manx Financial Group PLC share price was -0.13p at 8.63p Story provided by
02-May-2017 09:35 AM

Manx Financial's FY pretax profit slips lower

Manx Financial has posted a FY pretax profit of £1.5m, down from a profit of £2.3m, with net interest income at £16.0m, from £13.5m. "Although 2016 showed a commendable 18% growth in our net interest income, the increased cos
31-Mar-2017 01:40 PM

Manx Financial appoints MD of Conister Bank

Manx Financial Group has confirmed the appointment of Douglas Grant as Managing Director of Conister Bank, subject to regulatory approval. At 1:40pm: (LON:MFX) Manx Financial Group PLC share price was +0.25p at 9.5p Story provided by StockMarketWir
30-Sep-2016 09:48 AM

Manx Financial's H1 pretax profit slips lower

Manx Financial Group has posted an H1 pretax profit of £0.71m, from a year-earlier profit of £1.01m. Total assets rose to £149.09m, from £126.17m. "Whilst this result is acceptable, it does represent a drop of nearly 30% (in
17-Aug-2015 07:20 AM

Manx Financial lifts H1 pretax profit by 33%

Manx Financial has booked an H1 pretax profit up 33% to £1.01m, from £0.76m. Net-interest income rose 36% to £6.87m, from £5.05m. Total assets came in at £126.17m, up 24% from £101.68m. OUTLOOK "The Group has delivered excellent profitability
16-Apr-2015 02:52 PM

Manx Financial resolutions passed at AGM

Manx Financial Group has confirmed that all the resolutions proposed at the annual general meeting today were passed. At 2:52pm: (LON:MFX) Manx Financial Group PLC share price was 0p at 11.75p Story provided by
02-Mar-2015 09:18 AM

Manx Financial's FY pretax profit rises 61%

Manx Financial's FY pretax profit rose 61% to £1.7m, from £1.1m. Net interest income rose 31% to £10.8m, from £8.3m. Chairman Jim Mellon commented: "I am pleased to report a record profit before tax for the Group of £1.73 million which
20-Jun-2014 07:42 AM

Manx Financial sees marked uplift in H1 profit

Manx Financial Group said its total assets have surpassed £100m for the first time as of end April 2014 and anticipate that this figure will be maintained and exceeded for the remainder of the year. "This is the highest figure in the history of th
08-Apr-2014 02:14 PM

Manx Financial resolutions passed at AGM

Manx Financial Group has confirmed that all resolutions proposed at its annual general meeting earlier today were duly passed. At 2:14pm: (LON:MFX) Manx Financial Group PLC share price was +0.13p at 13.63p Story provided by
26-Feb-2014 09:06 AM

Manx Financial swings to FY pretax profit

Manx Financial booked a FY pretax profit of £1.1m, up 250% from a loss of £0.7m a year ago. Net interest income was £8.3m, up 49% from £5.5m. "The 2013 year showed not only a consistent gain in income, but also allowed the full effect of the sav
02-Jan-2014 03:27 PM

Manx Financial makes final Edgewater payment

Manx Financial Group has made the final deferred payment for the acquisition of Edgewater Associates which was announced on 2 August 2010. The last deferred element - payable on approval of the accounts for the year ending 31 December 2012 - was origina
21-Aug-2013 07:39 AM

Manx Financial in funding agreement with 1st Stop

Manx Financial Group said its wholly-owned Conister Bank Ltd has entered into a IWFA with 1st Stop Home Loans Limited to provide secured personal loans to consumers. 1st Stop Home Loans would introduce and pre-underwrite loans on behalf of Conister Bank
20-Aug-2013 07:52 AM

Manx Financial Group swings to H1 pretax profit

Manx Financial Group swung to a first-half pretax profit of £0.3 million, from a loss of £0.6 million. Net interest income totalled £3.7 million, from £2.5 million. "The encouraging news is that this improvement was not solely driven by the cost
19-Mar-2013 03:37 PM

Manx Financial director resigns

Manx Financial Group director Nick Sheard will step down from the board with effect from 22 March. Sheard is resigning in order to pursue other interests. At 3:37pm: (LON:MFX) share price was 0p at 4.25p Story provided by
28-May-2012 09:40 AM

Disappointing year for Manx Financial

Manx Financial's overall financial performance for the year was disappointing despite growing consolidated net income to £4.59 million (2010: £3.24 million) which generated a consolidated operating income increase of 43% to £5.45 million (2010: £
16-Sep-2011 07:44 AM

Kelly joins Manx Financial board

Manx Financial has announced that Fred Kelly will be joining as an Executive Director of the group and Managing Director of Conister Bank Limited with effect from 19th September 2011. Kelly has a wide range of experience within commercial and investment
15-Sep-2011 07:30 AM

Improved first half from Manx Financial

Manx Financial Group has presents its final results for the six months ended 30 June 2011 showing financial performance before specific items improved by 19%. Interest Income grew by 56% to £3,507,000 (2010: £2,250,000) whilst Net Operating Income grew
11-Mar-2011 10:08 AM

Manx director resigns

Simon Hull has resigned as a director of Manx Financial Group. He has also resigned as Managing Director of Conister Bank and associated companies. Douglas Grant, Finance Director of both companies, will stand in temporarily until a replacement is found
24-Feb-2011 10:59 AM

Mellon and Manx Financial move to unseat Billing Services chairman

Manx Financial Group plc has joined Galloway Limited and Jim Mellon to requisition an EGM of Billing Services Group plc, the Bermuda-based provider of clearing and settlement, payment services and financial risk management solutions. They are proposing t
14-Jan-2011 10:05 AM

Oliver Hare joins Manx

Oliver Hare has been appointed a non-executive director of Manx Financial Group. He is vice-chairman of Helvetica Wealth Management in Geneva. Story provided by
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