Starling Bank-Financial Snapshot Report 2024

Starling Bank – Financial Snapshot Report (2024 Figures)
 
Positioned Ahead of the 2025 Results
This report provides a focused, data-driven overview of Starling Bank’s performance and strategic evolution, offering key insights into one of the UK’s most profitable digital banks. As Starling prepares to release its 2025 financials, this deep-dive equips decision-makers, analysts, and digital banking professionals with a clear view of what’s driving its success—and what to watch next.
 
What’s Inside:
A breakdown of Starling’s £301M profit before tax in 2024—up 54% YoY
How mortgages (78% of lending) and a diversified deposit base (£11B) fuel growth
Strategic shifts behind its BaaS expansion via the Engine platform
Key comparisons with OakNorth, Allica, and others in the SME lending space
Starling’s approach to customer monetization, operational scale, and risk control
 
Why It Matters:
The UK digital banking landscape is entering a new maturity phase—where profitability, scale, and platform expansion are defining competitive edge. With Starling set to release its 2025 results soon, this report provides essential context to assess its trajectory and benchmark performance across the sector.
 
Ideal for fintech strategists, investors, and banking professionals tracking market leaders or shaping their own growth strategies.
 
Release date: April 2025