Atom Bank: net loss 2023

Atom Bank was established in 2014 as the first app-only bank in the United Kingdom (UK). During the initial eight-month period following its establishment, Atom Bank reported a 5.87 million British pounds loss after taxation in 2015. Atom Bank's net loss continued to increase between 2015 and 2019, hitting its peak in 2019, amounting to 80 million British pounds. Between 2019 and 2023, Atom Bank experienced a gradual reduction in its net loss. As of March 2023, the net loss of Atom Bank reached its lowest point during this time period, with 5.65 million British pounds.

Loss after taxation of Atom Bank from 2015 to 2023 (in million GBP)

Characteristic	Net loss in million British pounds
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

July 2023

More information

Region

United Kingdom

Survey time period

2015 to 2023

Supplementary notes

Figures prior to 2022 were collected from previous publications by the source.

The source adds the following information: Figures refer to the consolidated results of the Bank, the Atom Employee Benefits Trust and Atom EBT Limited.

The loss after taxation for the year 2015 refers to eight month period ended in 31 March 2015.

Figures prior 2019 represents loss after taxation of Atom Bank and Atom Group. From 2019 and onwards, figures represent loss after taxation of the Atom Group due to change in reporting style.

Citation formats