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Atom Bank delivers first operating profit
source link: https://fintechranking.com/2021/08/09/atom-bank-delivers-first-operating-profit/
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Atom Bank delivers first operating profit
During the last quarter to June, Atom Bank said it turned its first monthly operating profit in the Durham-based lender’s eight-year history, and will be regularly profitable on that basis soon.
The milestone came after Atom Bank surpassed £3bn in mortgage lending at the end of June, and grew deposits by 16 per cent to £2.5bn.
Read more: AltFi
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