Starling International Management: Digital Bank: UK's Starling Group Reports Profitability as Revenue Rises by 50.6%

Starling Group has released consolidated results for Starling Bank, Engine by Starling, and Fleet Mortgages for the year ending 31 March 2024. The results show a third year of profitability for Starling Group, "driven by strong growth in revenue, deposits, active customers and customer transactions. " The UK digital banking group reports "a 54.7% increase in pre-tax profits to £301.1m. Revenue grew by 50.6% to reach £682.2m, while total deposits were up 4% to £11bn."