ANALYST CONSENSUS FOR YEAR ENDED 31 DECEMBER 2024
Income Statement (£'m) | FY24 Consensus | Low | High | Median | # Analysts* |
Total net operating income | 891.3 | 890.4 | 892.7 | 890.8 | 7 |
Total underlying operating expenses | 666.5 | 662.5 | 669.0 | 666.6 | 7 |
Underlying PBT | 224.8 | 222.2 | 229.6 | 224.3 | 7 |
Underlying operating margin | 25.2% | 24.9% | 25.7% | 25.2% | 7 |
Underlying EPS (pence per share) | 157.2 | 153.7 | 159.7 | 158.1 | 7 |
Total DPS (pence per share) | 90 | 90 | 91 | 90 | 6 |
Group FUMA (£’bn) | 109.2 | ||||
Total Group net inflow/outflow (£’bn) | -1.4 |
*Details of these analysts can be found here.
ANALYST CONSENSUS FOR YEAR ENDED 31 DECEMBER 2025
Income Statement (£'m) | FY25 Consensus | Low | High | Median | # Analysts |
Total net operating income | 924.1 | 912.3 | 940.8 | 922.3 | 7 |
Total underlying operating expenses | 673.7 | 665.7 | 686.2 | 670.9 | 7 |
Underlying PBT | 250.4 | 239.9 | 262.3 | 251.0 | 7 |
Underlying operating margin | 27.1% | 26.1% | 28.1% | 27.1% | 7 |
Underlying EPS (pence per share) | 174.0 | 162.9 | 179.1 | 174.9 | 7 |
Total DPS (pence per share) | 94 | 93 | 95 | 94 | 6 |
Group FUMA (£’bn) | 115.8 | 114.3 | 118.3 | 115.7 | 7 |
Total Group net inflow/outflow (£’bn) | 1.2 | 0.6 | 2.9 | 1.0 | 6 |