OneSavings Bank PLC
OSB Group Plc, through its subsidiaries, operates as a specialist mortgage lending company in the United Kingdom and India. It operates through OneSavings Bank (OSB) and Charter Court Financial Services (CCFS) segments. The company offers buy-to-let, residential, bridging, commercial and semi-commercial, and complex but-to-let mortgages; and residential development and asset finance services. It … Read more
OneSavings Bank PLC (OSB) - Net Assets
Latest net assets as of June 2025: GBX2.18 Billion GBX
Based on the latest financial reports, OneSavings Bank PLC (OSB) has net assets worth GBX2.18 Billion GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX30.29 Billion) and total liabilities (GBX28.11 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX2.18 Billion |
| % of Total Assets | 7.2% |
| Annual Growth Rate | 27.94% |
| 5-Year Change | 32.59% |
| 10-Year Change | 596.34% |
| Growth Volatility | 29.08 |
OneSavings Bank PLC - Net Assets Trend (2011–2024)
This chart illustrates how OneSavings Bank PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for OneSavings Bank PLC (2011–2024)
The table below shows the annual net assets of OneSavings Bank PLC from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX2.22 Billion | +3.68% |
| 2023-12-31 | GBX2.14 Billion | -2.57% |
| 2022-12-31 | GBX2.20 Billion | +8.72% |
| 2021-12-31 | GBX2.02 Billion | +20.72% |
| 2020-12-31 | GBX1.68 Billion | +18.34% |
| 2019-12-31 | GBX1.42 Billion | +115.22% |
| 2018-12-31 | GBX658.40 Million | +13.75% |
| 2017-12-31 | GBX578.80 Million | +38.34% |
| 2016-12-31 | GBX418.40 Million | +31.04% |
| 2015-12-31 | GBX319.30 Million | +27.92% |
| 2014-12-31 | GBX249.60 Million | +60.85% |
| 2013-12-31 | GBX155.18 Million | +33.86% |
| 2012-12-31 | GBX115.93 Million | +28.32% |
| 2011-12-31 | GBX90.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to OneSavings Bank PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 341806300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX3.41 Billion | 153.21% |
| Common Stock | GBX3.70 Million | 0.17% |
| Other Comprehensive Income | GBX-1.19 Billion | -53.58% |
| Other Components | GBX4.50 Million | 0.20% |
| Total Equity | GBX2.22 Billion | 100.00% |
OneSavings Bank PLC Competitors by Market Cap
The table below lists competitors of OneSavings Bank PLC ranked by their market capitalization.
Equity Growth Attribution
This analysis shows how different factors contributed to changes in OneSavings Bank PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,144,500,000 to 2,223,400,000, a change of 78,900,000 (3.7%).
- Net income of 308,100,000 contributed positively to equity growth.
- Dividend payments of 126,400,000 reduced retained earnings.
- Share repurchases of 90,600,000 reduced equity.
- New share issuances of 800,000 increased equity.
- Other comprehensive income increased equity by 1,200,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX308.10 Million | +13.86% |
| Dividends Paid | GBX126.40 Million | -5.68% |
| Share Repurchases | GBX90.60 Million | -4.07% |
| Share Issuances | GBX800.00K | +0.04% |
| Other Comprehensive Income | GBX1.20 Million | +0.05% |
| Other Changes | GBX-14.20 Million | -0.64% |
| Total Change | GBX- | 3.68% |
Book Value vs Market Value Analysis
This analysis compares OneSavings Bank PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 100.31x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 1518.90x to 100.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | GBX0.37 | GBX564.50 | x |
| 2012-12-31 | GBX0.48 | GBX564.50 | x |
| 2013-12-31 | GBX0.64 | GBX564.50 | x |
| 2014-12-31 | GBX1.07 | GBX564.50 | x |
| 2015-12-31 | GBX1.31 | GBX564.50 | x |
| 2016-12-31 | GBX1.71 | GBX564.50 | x |
| 2017-12-31 | GBX2.36 | GBX564.50 | x |
| 2018-12-31 | GBX2.67 | GBX564.50 | x |
| 2019-12-31 | GBX4.83 | GBX564.50 | x |
| 2020-12-31 | GBX3.59 | GBX564.50 | x |
| 2021-12-31 | GBX4.47 | GBX564.50 | x |
| 2022-12-31 | GBX4.93 | GBX564.50 | x |
| 2023-12-31 | GBX5.09 | GBX564.50 | x |
| 2024-12-31 | GBX5.63 | GBX564.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently OneSavings Bank PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.86%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.71%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 13.60x
- Recent ROE (13.86%) is below the historical average (15.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -12.30% | -21.14% | 0.02x | 26.08x | GBX-20.15 Million |
| 2012 | 7.82% | 49.17% | 0.01x | 25.95x | GBX-2.53 Million |
| 2013 | 17.25% | 37.34% | 0.02x | 24.26x | GBX11.25 Million |
| 2014 | 20.65% | 48.06% | 0.02x | 19.78x | GBX26.58 Million |
| 2015 | 26.33% | 55.34% | 0.03x | 18.70x | GBX52.13 Million |
| 2016 | 28.90% | 53.24% | 0.03x | 15.73x | GBX79.06 Million |
| 2017 | 21.92% | 54.30% | 0.03x | 14.84x | GBX69.02 Million |
| 2018 | 21.31% | 51.39% | 0.03x | 15.89x | GBX74.46 Million |
| 2019 | 11.21% | 29.23% | 0.03x | 15.11x | GBX17.10 Million |
| 2020 | 12.14% | 26.49% | 0.03x | 14.01x | GBX34.61 Million |
| 2021 | 17.06% | 45.51% | 0.03x | 12.12x | GBX142.86 Million |
| 2022 | 18.63% | 38.11% | 0.04x | 12.52x | GBX189.90 Million |
| 2023 | 13.18% | 46.36% | 0.02x | 13.80x | GBX68.15 Million |
| 2024 | 13.86% | 14.71% | 0.07x | 13.60x | GBX85.76 Million |
Industry Comparison
This section compares OneSavings Bank PLC's net assets metrics with peer companies in the Mortgage Finance industry.
Industry Context
- Industry: Mortgage Finance
- Average net assets among peers: $338,982,667
- Average return on equity (ROE) among peers: 7.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| OneSavings Bank PLC (OSB) | GBX2.18 Billion | -12.30% | 12.90x | $255.21K |
| Lendinvest PLC (LINV) | $10.00 Million | -22.08% | 89.82x | $6.46K |
| Mortgage Advice (MAB1) | $37.45 Million | 33.06% | 0.84x | $52.78K |
| Paragon Banking Group PLC (PAG) | $969.50 Million | 11.05% | 11.25x | $189.39K |