Allica Bank posts double-digit revenue and profit growth in FY25

UK’s Allica Bank has reported different twelvemonth of maturation successful fiscal twelvemonth 2025 (FY25), with revenue, profit, lending and deposits each rising astatine the lender, which focuses connected tiny and medium-sized enterprises (SMEs).

The integer bank’s gross gross for FY25 reached £371.3m, up 27% from £293.1m successful 2024.

Gross nett aft hazard roseate to £145.3m, a 32% summation connected the £110.2m recorded a twelvemonth earlier. Underlying pre-tax nett besides grew 34% year-on-year to £43.7m.

Allica Bank described the show arsenic its “best ever fiscal results” and said it marked a 3rd consecutive twelvemonth of profitability.

Lending volumes besides increased. The bank’s full indebtedness publication stood astatine £3.7bn astatine the extremity of FY25, up 23% from £3bn successful the erstwhile year, with maturation reported crossed its halfway lending lines.

Customer deposits climbed 29% to £5.7bn, compared with £4.4bn successful FY24.

The fig of progressive concern reward relationship customers much than doubled to implicit 14,000 from much than 6,000 successful 2024.

Allica Bank CEO Richard Davies said: “2025 was our strongest twelvemonth yet.

“In a twelvemonth erstwhile we person been investing profoundly successful tech and proposition enhancements, we person delivered a 34% summation successful underlying pre-tax nett – and the fig of established SMEs choosing to marque Allica their superior slope has much than doubled, showing the request for our full-service established SME model.”

Meanwhile, Allica Bank besides “accelerated” the improvement of an AI-enabled tech level designed to grow lending opportunities for established SMEs. It volition besides enactment the narration manager exemplary and present faster, lower-cost operations.

It has besides begun deploying AI agents to enactment faster, much close lending decisions and supply narration managers with deeper insights for each lawsuit conversation.

Davies added: “Because we person been gathering Allica from the crushed up connected powerful, proprietary exertion – with modern cleanable information architecture and a unified bundle stack – we are entering this caller epoch of agentic AI with a structural vantage that bequest banks and others relying connected third-party systems simply cannot close.

“Our engineering teams are present processing and deploying AI agents and tools crossed the afloat exertion stack, and we are processing what we judge volition beryllium a planetary archetypal for analyzable SME lending utilizing AI agents built connected our ain proprietary data.”

Following a $155m Series D circular completed successful February 2026, the institution said it is aiming for 10% UK marketplace penetration by 2028 and is assessing options for enlargement into planetary markets.

"Allica Bank posts double-digit gross and nett maturation successful FY25" was primitively created and published by International Accounting Bulletin, a GlobalData owned brand.