Mortgage Advice Bureau (Holdings)
MAB1 · Main Market · Financial Services · mcap £192m · 334.0p
MAB supplies mortgage advice through a network of self-employed advisers, mostly in Appointed Representative (AR) firms that trade under its regulatory permission. It earns a share of the commission on mortgages and related products such as protection insurance.
| Date | Type | Announcement | Day |
|---|---|---|---|
| 29 Sep 26 | Board change | Directorate Change
Jo Stent appointed Chief Financial Officer and Director from 1 October 2026; Emilie McCarthy and Nathan Imlach departing. |
−0.4% |
| 22 Sep 26 | Results | Half-year Results
Revenue up 8.6% to £161.0m but statutory profit down 35.7%; Fluent lead flows delayed, full-year guidance cut. |
−1.4% |
|
revised guidance 9 September; now expected to be broadly in line expectations Revenue £161.0m (£148.2m)Adjusted PBT £14.8m (£14.5m)Statutory PBT £6.2m (£9.6m)Adjusted diluted EPS 18.4p (18.2p)Interim dividend 7.9p (7.2p)Total mortgage completions £16.5bn (£14.2bn)
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| 11 Sep 26 | EBT, Transfer of Treasury Shares & TVR
Established Employee Benefit Trust and transferred 407,950 treasury shares to it for employee share schemes. |
−1.8% | |
| 09 Sep 26 | Trading update | Trading Update and Revised 2026 Expectations
Revised 2026 adjusted profit guidance down to £38.0m from consensus £43.4m due to market weakness and Fluent delays. |
−20.1% |
|
below expectations H1 2026 Adjusted profit before tax £14.8m (£14.5m)2026 Adjusted profit before tax guidance £38.0mMarket consensus for 2026 £43.4mFluent expected profit contribution reduction £5m lower than anticipated
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| 28 Aug 26 | Notice of Interim Results 2026 & IMC Presentation
Interim results for H1 2026 to be announced on 22 September 2026 with investor presentation on 25 September. |
−1.3% | |
| 23 Jul 26 | Trading update | Trading Update
H1 2026 revenue up 8% to £160m; mortgage completions rose 16% to £16.5bn despite challenging market conditions. |
−3.0% |
|
in line expectations Total mortgage completions £16.5bn (£14.2bn)Group revenue £160m (£148.2m)Adjusted profit before tax £14.6m (£14.5m)Share of new mortgage lending 8.3% (8.2%)Mainstream advisers 2,194 (2,135)Average revenue per mainstream adviser £74k (£74k)
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| 29 Jun 26 | Board change | Appointment of Group CFO Designate & Board Changes
CFO Emilie McCarthy to leave 30 September 2026; Jo Stent joins as CFO Designate on 6 July. |
−0.4% |
| 01 Jun 26 | Board change | Directorate Change
Yaiza Luengo ceased to be director and Chief Operating Officer. |
−3.0% |
| 20 May 26 | Trading update | AGM Trading Statement
Mortgage applications 15% higher year-on-year in first 19 weeks of 2026, in line with board expectations. |
−2.0% |
|
in line expectations Mortgage applications growth (first 19 weeks 2026) 15% higher year-on-yearMortgage applications growth (first 16 weeks 2026) 19% higher year-on-yearNumber of advisers over 2,100
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| 01 May 26 | Readmission - Mortgage Advice Bureau (Hldgs) PLC
Mortgage Advice Bureau cancellation of admission to trading on AIM announced. |
−0.8% | |
| 28 Apr 26 | Mortgage Advice Bureau
Mortgage Advice Bureau transferring from AIM to Main Market; removed from FTSE AIM indices effective 1 May 2026. |
−1.3% | |
| 14 Apr 26 | Acquisition of HomeOwners Alliance Ltd
MAB acquires HomeOwners Alliance Ltd for £1.4m to expand presence in home-moving ecosystem. |
−2.3% | |
|
Acquisition consideration £1.4m plus surplus distributable reservesPayment terms 50% on completion, balance over two yearsMAB adviser network Over 2,100 advisers through partner firms
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| 31 Mar 26 | Launch of Share Buyback Programme
MAB launches share buyback programme for maximum 478,775 shares to meet share option programme obligations. |
+3.0% | |
| 31 Mar 26 | Update on Move to the Main Market
Company moves listing from AIM to Main Market, effective 1 May 2026. |
+3.0% | |
| 17 Mar 26 | Results | Final Results
Revenue up 19.6% to £318.8m, adjusted EPS up 13.5% to 44.5p, mortgage completions up 23% to £32.0bn. |
+8.1% |
|
trading in line with board expectations expectations Revenue £318.8m (£266.5m)Adjusted PBT £36.3m (£32.0m)Adjusted diluted EPS 44.5p (39.2p)Total mortgage completions £32.0bn (£26.1bn)Mainstream advisers 2,135 (1,941)Proposed final dividend 15.3p (14.8p)
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| 24 Feb 26 | Notice of Final Results 2025 Investor Presentation
Notice of final results for year ended 31 December 2025 to be announced 17 March 2026. |
−3.6% | |
| 06 Feb 26 | Changes to concert party
David Preece ceases to be treated as acting in concert with Peter Brodnicki; no founder concert party remains. |
−2.1% | |
|
Peter Brodnicki shareholding 10,401,557 shares (17.9% of issued share capital)
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| 02 Feb 26 | Pure Protection Market Study Update
FCA interim report on pure protection products concludes distribution is working well with no significant market interventions planned. |
−0.5% | |
| 28 Jan 26 | Capital Markets Update
MAB holding virtual Capital Markets update on MAB 2.0 strategy, technology and platform demonstration. |
+1.9% | |
| 22 Jan 26 | Trading update | Trading Update
Revenue grew 19% to £318m, adjusted PBT up 12% to £35.8m; adviser numbers up 10% to 2,135. |
+4.1% |
|
in line expectations Revenue c.£318m (£266.5m)Adjusted PBT c.£35.8m (£32.0m)Mainstream advisers 2,135 (1,941)Average revenue per adviser £157k (£139k)Remortgages and Product Transfers completed up 12% (2024)
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| 23 Dec 25 | Issuance of Shares and Total Voting Rights
Company issued 65,042 ordinary shares following exercise of share options under 2014 Plan. |
+0.0% | |
| 11 Dec 25 | Board change | Directorate Change
COO Yaiza Luengo appointed to Board from 1 January 2026; Deputy CEO Ben Thompson steps down as director. |
−0.9% |
| 14 Nov 25 | Notice of Capital Markets Day Update
MAB to host virtual Capital Markets Day update on 28 January 2026 covering strategic progress and AI initiatives. |
−0.8% | |
| 23 Sep 25 | Results | Half-year Results
H1 2025 revenue up 19.6% to £148.2m, adjusted PBT up 18.4% to £14.5m, market share gains. |
+7.9% |
|
in line with Board's expectations expectations Revenue £148.2m (£123.9m)Adjusted PBT £14.5m (£12.3m)Adjusted diluted EPS 18.2p (14.8p)Market share of new mortgage lending 8.3% (8.2%)Net debt £11.7m (£16.7m)Closing mainstream advisers 2,041 (1,941)
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| 02 Sep 25 | Notice of HY25 Results and Investor Presentation
Mortgage Advice Bureau to announce HY25 interim results on 23 September 2025 with investor presentation on 26 September. |
−2.8% | |
| 24 Jul 25 | Trading update | Trading Update
H1 2025 revenue up 19% to £147m, Adjusted PBT up 14% to £14m, mortgage completions up 14%. |
+3.1% |
|
in line expectations Group revenue H1 2025 c.£147m (£123.9m)Adjusted PBT H1 2025 c.£14m (£12.3m)Gross mortgage completions H1 2025 c.£13.8bn (£12.1bn)Market share of new mortgage lending 8.3% (8.1%)Mainstream advisers 2,041 (1,941)Average revenue per mainstream adviser H1 2025 £74k (£65k)
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| 22 Jul 25 | EBT Share Purchase
Employee Benefit Trust purchased 294 shares at 814 pence per share for employee incentive plan. |
−2.7% | |
| 09 Jul 25 | MAB Launches First-Time Buyer Campaign
MAB launches first-time buyer campaign backed by research on homeownership affordability versus renting. |
−1.9% | |
| 19 Jun 25 | Board change | Directorate Change
Deputy CEO Ben Thompson to step down from Board at year-end; COO Yaiza Luengo appointed; two non-executive directors join. |
+0.0% |
| 22 May 25 | Result of AGM
Annual General Meeting held; all resolutions passed. |
−0.5% | |
| 21 May 25 | Trading update | AGM Trading Statement
Q1 2025 mortgage completions strong; adviser numbers grew 3% to 2,003; Group trading in line with Board expectations. |
+0.2% |
|
in line expectations Mainstream advisers 2,003 (1,941)Adviser growth since year end 3%
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| 10 Apr 25 | Appointment of Joint Corporate Broker
Berenberg appointed as Joint Corporate Broker alongside existing brokers Keefe Bruyette & Woods and Peel Hunt. |
−1.5% | |
| 04 Apr 25 | Results | Annual Report and Notice of AGM
Annual Report and Accounts for year ended 31 December 2024 published; AGM scheduled for 21 May 2025. |
−2.2% |
| 19 Mar 25 | Board change | Directorate Change
Paul Gill, Group Chief Risk Officer, appointed to Board as Executive Director. |
+0.8% |
| 18 Mar 25 | Results | Final Results
Revenue rose 11.3% to £266.5m and adjusted PBT increased 38.0% to £32.0m in 2024. |
−2.6% |
|
in line with expectations expectations Revenue £266.5m (£239.5m)Adjusted PBT £32.0m (£23.2m)Gross profit margin 30.7% (29.3%)Adjusted diluted EPS 39.2p (29.6p)Gross mortgage completions £26.1bn (£25.1bn)Market share of new mortgage lending 8.4% (8.3%)
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| 14 Mar 25 | Block Admission Application
505,000 ordinary shares admitted to AIM for exercise of employee share options under two plans. |
−2.9% | |
| 26 Feb 25 | Notice of Investor Presentation
MAB to hold investor presentation for FY24 results on 28 March 2025 via Investor Meet Company. |
+1.0% | |
| 04 Feb 25 | Business Update
MAB sets medium-term targets to double revenue and market share, launches new dividend policy and considers Main Market move. |
+3.6% | |
| 23 Jan 25 | Trading update | Trading Update
MAB reports 11% revenue growth to £266m and 31% Adjusted PBT growth to £30.5m for 2024, ahead of consensus. |
+14.9% |
|
c. 4% ahead of consensus expectations Group revenue c.£266m (£239.5m)Adjusted PBT c.£30.5m (£23.2m)Mainstream advisers 1,941 (1,918)Average revenue per mainstream adviser c.£138k (£123.5k)Mortgage applications Q4 2024 vs Q4 2023 +15%
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| 13 Nov 24 | Notice of Capital Markets Day
Capital Markets Day scheduled for 5 February 2025 in London with strategy and business development updates. |
+0.3% | |
| 12 Nov 24 | Appointment of Nominated Adviser and Joint Broker
Keefe, Bruyette & Woods appointed as Nominated Adviser and joint broker. |
−12.6% | |
| 24 Sep 24 | Results | Half-year Results
H1 2024 revenue up 5.4% to £123.9m, adjusted PBT up 39.9% to £12.3m; market share increased to 8.2%. |
+13.2% |
|
Revenue £123.9m (£117.5m)Adjusted EBITDA £13.8m (£10.5m)Adjusted profit before tax £12.3m (£8.8m)Market share of new mortgage lending 8.2% (8.1%)Gross new mortgage completions (excluding product transfers) £9.1bn (£9.0bn)Adjusted fully diluted EPS 14.8p (11.8p)
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| 25 Jul 24 | Trading update | Trading Update
H1 2024 revenue up 5% to £123.5m with market share gains maintained despite difficult market conditions. |
−2.0% |
|
in line expectations Revenue £123.5m (£117.5m)Market share of new lending 8.2% (8.0%)Average mainstream advisers 1,898 (1,966)Gross mortgage completions growth 5%Current adviser numbers 1,944 (1,918)
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| 29 May 24 | Related Party Transaction
MAB acquired remaining 20% of First Mortgage Direct for £9.35m, paying 75% in newly issued shares. |
−3.5% | |
|
Consideration £9.35mCash element £2.34mShare issuance element £7.01mNew ordinary shares issued 804,754First Mortgage profit before tax (2023) £5.4mFirst Mortgage net assets (31 Dec 2023) £9.3m
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| 22 May 24 | AGM Statement
AGM statement confirms Q1 mortgage completions stable at £5.7bn despite 13% market decline; market share gains continue. |
−3.0% | |
|
in line expectations Q1 2024 total mortgage completions £5.7bn (£5.8bn)Q1 2024 new mortgage completions £4.1bn (£4.4bn)Q1 2024 Product Transfers £1.6bn (£1.4bn)Mainstream Adviser numbers (17 May 2024) 1,906 (1,918)Total Adviser numbers (17 May 2024) 2,110 (2,158)Q1 2024 market-wide new mortgage lending decline 13%
|
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| 23 Apr 24 | Board change | Directorate Change
Emilie McCarthy appointed CFO from 22 May 2024; Rachel Haworth appointed independent Non-Executive Director from 1 May 2024. |
−0.9% |
| 19 Mar 24 | Results | Final Results
Revenue up 3.8% to £239.5m but adjusted EBITDA fell 8.1% to £26.7m; market share gained to 8.3% despite 29% market decline. |
+4.5% |
|
Revenue £239.5m (£230.8m)Gross profit £70.2m (£62.9m)Adjusted EBITDA £26.7m (£29.1m)Market share of new mortgage lending 8.3% (7.5%)Adjusted fully diluted EPS 29.6p (37.4p)Proposed final dividend 14.7p (14.7p)
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| 25 Jan 24 | Trading update | Trading Update
MAB delivered 4% revenue growth to £239m in 2023 despite 28% market decline; expects adjusted PBT slightly ahead of consensus. |
+8.2% |
|
adjusted profit before tax slightly ahead of current market consensus expectations Revenue circa £239m (£230m)UK Finance gross new mortgage lending 2023 £226bn (£275bn)Total advisers year-end 2,158 (2,254)Mainstream advisers year-end 1,918 (2,074)
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| 15 Jan 24 | Board change | Directorate Change
CFO Lucy Tilley to step down after 9 years; successor search underway. |
−3.3% |
Company filings. Not investment advice.