Share Name Share Symbol Market Type Share ISIN Share Description
Aldermore LSE:ALD London Ordinary Share GB00BQQMCJ47 ORD GBP0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.60p +0.34% 175.60p 174.70p 175.60p 176.30p 174.00p 176.30p 589,812 16:35:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Banks 224.7 94.7 22.7 7.7 605.36

Aldermore (ALD) Latest News

More Aldermore News
Aldermore Takeover Rumours

Aldermore (ALD) Share Charts

1 Year Aldermore Chart

1 Year Aldermore Chart

1 Month Aldermore Chart

1 Month Aldermore Chart

Intraday Aldermore Chart

Intraday Aldermore Chart

Aldermore (ALD) Discussions and Chat

Aldermore Forums and Chat

Date Time Title Posts
08/9/201616:42Aldermore Group - ALD1,027
10/3/201513:14Albidon890
29/10/201209:49ALLIED GOLD 2012 ALD270
04/1/201214:06Allied Gold- Post Consolidation 30 June 2011455
04/11/200908:24ALBIDON:new dual listing on LSE & ASX 25-3-04453

Add a New Thread

Aldermore (ALD) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all Aldermore trades in real-time

Aldermore (ALD) Top Chat Posts

DateSubject
25/9/2016
09:20
Aldermore Daily Update: Aldermore is listed in the Banks sector of the London Stock Exchange with ticker ALD. The last closing price for Aldermore was 175p.
Aldermore has a 4 week average price of 169.80p and a 12 week average price of 146.81p.
The 1 year high share price is 293p while the 1 year low share price is currently 102p.
There are currently 344,739,584 shares in issue and the average daily traded volume is 658,204 shares. The market capitalisation of Aldermore is £605,362,709.50.
08/9/2016
16:42
cc2014: Excellent move through 170 which has held so assume Morgan Stanley have decided to drip feed the last of their shares into the market in a way that does not hammer the share price. It will be interesting to see what happens as we move into the 180-200 area
05/9/2016
22:31
cc2014: I wonder how they measure "deposit costs" and wonder if they include all the staff costs and infrastructure costs associated with deposits? I see Deutsche's share price has fallen the best part of 90% from 2007 and continues to decline. Makes me smile when they give recommendations on this sector ;-)
20/8/2016
13:08
mdw1: And look at Metro Bank which operates in the same space as Aldermore, share price up again yesterday and virtually back to where it was before Brexit. Aldermore definitely due a bounce from here.....
19/8/2016
16:46
cc2014: I think the world has lost the plot on this one. Absolutely completely lost it. This is my view. Even if times get a bit tough this looks an absolute bargain on the basis of fundamentals Net asset value per share as latest interims £1.371. Making £60m every half year so adding say 12p to this every six months (using 70% of £60m to allow for corp tax etc. etc.) Currently share price is £1.32, so trading at less than NAV per share. Implies a complete and utter meltdown of it's loan book (and by implication the assets secured against the loans) Comments from interims say Brexit won't have an impact and further comments in press say challenger banks my benefit from Brexit as they are currently subject to same capital requirements as large banks which is unfair as they don't have the same risk level related to complex derivatives. Carney is thought to be sympathetic to this and ready to act within next 3 months (not sure how he actually does that until we leave?) No dividends planned until 2017 so that may result in lack of interest from funds and it's about to be relegated from FTSE250 unless the share price can reach about £1.55 by the end of the month
06/7/2016
20:22
zeus19: UK bank Aldermore's 'buy' rating and target price of 212p has been reiterated by Numis despite the market forecasting a recession materially worse than the credit crisis.Numis said it has already downgraded its forecasts to reflect a mild recession with its impairment charge increased to 59 basis points (bps) in 2018 from the 26bps reported last year."For Aldermore to reach break-even we estimate impairment would need to increase to 208bps (8x the 2015 charge in bps) and to get to the net tangible assets to the current share price, impairment would need to increase to 716bps (28x the 2015 charge in bps).""For this scenario to validate the current market valuation, Aldermore needs to report a £96m loss in 2018 and thereafter, never generate a sustainable economic profit."Consequently, Numis believes the market price implies a high probability of insolvency. Numis said the insolvency would have to come from impairment as the Bank of England has put in place liquidity measures that Aldermore would have access to if needed."We currently forecast a mild technical recession in H1 2018 as investment, employment and household incomes gradually fall reducing consumer expenditure leading to a 5-10% nominal decline in house prices," Numis added.
05/6/2016
16:31
igoe104: There's no doubt it's been a torrid few years for Barclays' (LSE: BARC) shareholders. The bank's share price is down almost 17% year-to-date and has halved in the last three years. First-quarter results in March were disappointing, with a 25% drop in pre-tax profits on the back of huge PPI claims, fines in relation to forex rigging and underperformance from the investment banking division. To make matters worse, Barclays announced that it would be slashing its dividend to just 3p per share for the next two years, in order to conserve capital and absorb losses from toxic assets. That takes the forecast yield to a low 1.64% for next year's dividend payout. All in all, it's not a pretty picture at Barclays, and while there's a chance that the new CEO may be able to turn things around down the track, there certainly doesn't seem to be much short-term momentum at the bank. Challenger banks If you're looking for a bank that does have some positive momentum, it might be worth checking out challenger banks Aldermore (LSE: ALD) and OneSavings Bank (LSE: OSB). Not that you'd know from their share prices, which have both also struggled in the last 12 months. But to my mind, there's a clear disconnect between the performance of these banks and their share prices. Because whereas Barclays is clearly struggling to increase its earnings, both of these challenger banks are enjoying strong earnings growth. For example, Aldermore reported adjusted earnings per share of 24p for FY2015, up from 18p in FY2014, a rise of 33%. And with city analysts pencilling-in earnings of 26p and 30p for the next two years, this bank definitely appears to be heading in the right direction. Similarly, OneSavings Bank reported FY2015 earnings of 35p per share, up from 25p in FY2014, a year-on-year increase of 40%. Analysts have earnings per share estimates of 40p and 43p for the next two years. Yet despite this stellar growth, both of these challenger banks appear to be trading cheaply. Aldermore trades on a current P/E ratio of 9.5, which drops to just 8.3 on next year's earnings. And OneSavings Bank's current P/E ratio is 9.7, dropping to 8.4 on next year's earnings. Given that Barclays trades on a P/E ratio of 13.3 times next year's earnings, the challenger banks certainly appear to offer relative value. Income investors will be interested to know that while Aldermore doesn't yet pay a dividend, OneSavings Bank paid out 9p per share in dividends last year, a yield of 2.7% at the current share price. Analysts have forecast dividends of 10p and 12p for the next two years, so there's potential for dividend growth here. Of course, the challenger banks aren't without their own risks. Both Aldermore and OneSavings Bank specialise in mortgage lending, and with the UK government cracking down on 'buy-to-let' mortgages, there's an element of uncertainty here. Brexit fears are also almost certainly contributing to the recent share price weakness of the challengers. And given that they're smaller companies, it's likely that their shares will be more volatile. But in my opinion, the challenger banks offer a great risk-to-reward ratio right now. My advice would be to diversify between a handful of challenger banks, in order to reduce company-specific risk. On the topic of diversification - if you're looking to build a rock solid long-term portfolio, diversification is critical.
04/1/2016
16:20
rubberbullets: Top pick of the UK banking sector for 2016, Aldermore [...] By Lee Wild | Mon, 4th January 2016 - 13:03 Share this Top pick in the UK bank sector for 2016 It's been a miserable start to 2016 for global stockmarkets, with fresh concerns about Chinese demand wiping billions of pounds off share prices. Investors were certainly hoping for better after a tough 2015, among them shareholders in challenger bank Aldermore (ALD). Things went well for the first four months following its IPO in March, the share price peaking in July at 318p, up two-thirds on the 192p float price. But then the chancellor announced in his Summer Budget a new 8% surcharge on UK-based banking profits. UK-focused Aldermore lost over a fifth of its value in the days after. The remainder of last year was tricky, too, and Aldermore shares bottomed three weeks ago at 195p, a new low and within a whisker of the IPO price. However, Investec's banks analyst Ian Gordon is bullish. "Aldermore is our top pick in the UK bank sector for 2016," says Gordon, repeating 'buy' advice and 325p price target. graph 1 (Click to enlarge) "Although we acknowledge that Aldermore has already rallied by 15% from its 14 December lows, we still expect it to achieve material outperformance against every other UK bank in our coverage during 2016," writes Gordon. "It trades on a 2017e price/earnings multiple of just 6.6x - the cheapest UK bank - reflecting an array of political, regulatory and even credit concerns that we see as largely baseless. "We struggle to single out a clear catalyst for an (upward) share price correction, but we do expect continued delivery of rapid loan growth to drive performance." In fact, Aldermore now trades on just 1.2 times estimates for 2017 tangible net asset value (tNAV) per share of 187p. Peers OneSavings (OSB) and Shawbrook (SHAW) both trade on 1.9 times. Gordon likes Aldermore's strong mortgage-led loan growth - the company said at November's third-quarter results it was on track to deliver targeted £1.4 billion per annum net loan growth in 2015. Gordon thinks it will be more like £1.44 billion, up 30% in 2015 to £6.24 billion. And, despite all the noise around buy-to-let, Gordon pencils in record volumes in the first quarter of 2016 "as landlords act to get ahead of the chancellor's new 3% stamp duty surcharge". "Aldermore appears to be a clear beneficiary of the latest (30 November) extension to the Funding for Lending Scheme (FLS)," adds Gordon. "Although it is (and will continue to be) primarily retail/SME funded (loans-to-deposits ratio of 107% at Q3 2015), it has a £6.8 billion current total borrowing allowance under FLS, against utilisation of just £750 million!"
09/11/2015
07:47
igoe104: Similarly, challenger bank Aldermore (LSE: ALD) could also post 100% total returns within the same timeframe. Like Barclays, it trades at a large discount to the FTSE 100, with its shares having a P/E ratio of just 12.3. As a result, there is scope for an upward re-rating and if they were to trade at the same valuation as the wider index, it would mean Aldermore’s shares being priced around 14% higher. Furthermore, Aldermore is forecast to increase its bottom line by 18% next year and, since it is a challenger bank, it may be more likely to maintain a higher rate of growth in the following years than will Barclays. That’s especially relevant, since the loose monetary policy which has benefitted Aldermore and other challenger banks through increasing demand for new loans is set to remain in place over the medium term. As a result, if Aldermore can maintain a double-digit earnings growth rate from 2017 through to 2020 then its earnings per share would reach 37.6p. When multiplied by a rating of 14, this would equate to a share price of 526p, which would represent a doubling from its present price level. http://tinyurl.com/oa8a66p
28/8/2015
08:17
masurenguy: Aldermore share price soars after the challenger bank posts a big rise in profits Challenger bank Aldermore has seen its profits more than double in the first six months of this year on the back of lending more mortgages and loans to businesses, sending its shares soaring. The bank also said it has reached a total of £5bn in deposits from more than 100,000 savers.......Profits came in at £44m for the first half of 2015, an increase of 109% - beating expectations for £40m. The bank also said it was on track for net loan growth of £1.4bn, or 30%, for full year 2015. As a result, Aldermore's shares jumped 8%, or 22.0p higher to 300.0p. Since floating on the London Stock Exchange back in March, its share price has grown steadily from a starting point of 192.0p...... RBC Capital has raised its rating on the stock to outperform and increased its target price to 325p from 300p, citing lower than expected impairments.......James Hamilton, analyst at Numis Securities said: 'Aldermore is a high-margin, specialist business that we expect to deliver significant gains in operational efficiency over our forecast period.' He added: 'High-margin businesses are better able to self fund their growth and return more profit to shareholders for any given volume of new business. Furthermore, we believe higher-margin businesses are also lower risk.' Complete article: http://www.dailymail.co.uk/money/markets/article-3212702/Aldermore-share-price-soars-challenger-bank-posts-big-rise-profits.html Aldermore takes on the challenge with doubled profits One of Britain’s growing band of so-called challenger lenders has more than doubled profits less than six months after making its London stock market debut. Aldermore yesterday reported pre-tax profits for the first six months of the year up 112% to £40m as it recorded double-digit growth in loans to smaller businesses and residential mortgages. Excluding the £4.1m cost of its March IPO, which raised £75m, Aldermore said that its first-half profits would have been £44m compared with £20.8m for the period a year earlier. Complete article: http://www.thetimes.co.uk/tto/business/industries/banking/article4540183.ece
07/7/2015
08:37
altom: After the Greek referendum fiasco, ALD share price is being hammered along with all banks but IMHO this has nothing to do with us as we are a very different animal. Are we due an update soon ?
Aldermore share price data is direct from the London Stock Exchange
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:30 V: D:20160925 14:01:56