Manx Financial Group plc
Manx Financial Group PLC (MFG/MFX) is an AIM-listed, Isle of Man-domiciled independent banking and financial services group founded in 1935. Through its licensed bank subsidiary Conister Bank and other subsidiaries it provides asset and personal finance (HP, leasing, personal loans, block discounting, wholesale funding), point-of-sale/buy-now-pay-later finance (Payment Assist), SME asset finance brokerage (Blue Star, The Business Lending Exchange), wealth management and financial advice (Edgewater Associates, CAM Wealth) and foreign exchange/international payments (MFX Limited, Finova) to retail and commercial customers in the Isle of Man and UK.
FY2025 in sixty seconds
year to 31 Dec 2025 · approved 15 May 2026 · 116 pages · Company website
Manx Financial Group, an Isle of Man bank lending to people and small businesses in the Isle of Man and UK, earned more from lending in 2025 but made less profit. Net interest income, what it earns on loans minus what it pays savers, rose 14.3% to £37.5m, while profit before tax fell to £7.3m from £9.9m.
The report points to higher running costs, a loss at its small-business lender BLX, and a £1.3m charge for possible compensation over past UK car-finance commissions. It expects 2025 to be the peak year for that charge. The previous year was also helped by a one-off gain when its buy-now-pay-later business Payment Assist released money held against bad debts.
Cash at the year end was £24.3m, up from £16.2m. The board proposes a total dividend of 0.7796 pence per share, part of it paid only in new shares. Management sees the economy as still a little fragile, with interest rates likely to stay high, and aims to enter Ireland's consumer credit market if granted a licence. The auditor gave a clean opinion and the directors found no doubt about the group's ability to keep going.
Net interest income from loans and advances to customers
Net interest income increased 14.3% to £37.5m (2024: £32.8m), reflecting balance sheet growth and improved funding mix; net loan book grew 9.5% to £407.9m
page 6Net interest margin expansion
Net interest margin increased to 9.6% (2024: 8.9%) as average cost of retail deposits fell from 5.0% to 4.1% while asset yields were maintained
page 9Net interest income increased by 14.3% to £37.5 million, reflecting both balance sheet growth and an improved funding mix
page 6Group policy is to pay an annual dividend equivalent to 10% of profit attributable to shareholders. For 2025 the Board proposed a basic dividend of £639,000 (2024: £810,000), 0.5197 pence per share, plus an additional 5% bonus distribution in shares only, giving a total dividend of 15% of profit attributable (0.7796 pence per share). Shareholders may elect cash or scrip. Payable 20 August 2026 to shareholders on the register at 10 July 2026.
page 68 years on one page · FY2018–FY2025
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GBP millions, negatives in brackets. Per-share lines in pence. Share counts in millions. Margins and returns as percentages, calculated from the filed figures. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated.
Nothing restated
Every figure is read again from the following year’s report: 195 confirmed, 10 differ.
No figure has been restated: every figure a later report printed again, it printed the same.