{"id":468106,"date":"2025-10-02T09:41:12","date_gmt":"2025-10-02T09:41:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/468106\/"},"modified":"2025-10-02T09:41:12","modified_gmt":"2025-10-02T09:41:12","slug":"shawbrook-gearing-up-for-2bn-ipo-in-boost-to-london-market","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/468106\/","title":{"rendered":"Shawbrook gearing up for \u00a32bn IPO in boost to London market"},"content":{"rendered":"<p>\t\t\tThursday 02 October 2025 10:17 am<br \/>\n\t\t\t\t\t\u00a0|\u00a0\u00a0Updated:\u00a0<\/p>\n<p>\t\t\tThursday 02 October 2025 10:23 am\n\t<\/p>\n<p>\t\t\tShare<\/p>\n<ul>\n<li class=\"social-share__popup-item\">\n<p>\t\t\t\t\t\tFacebook\t\t\t\t\t\tShare on Facebook\n\t\t\t\t<\/li>\n<li class=\"social-share__popup-item\">\n<p>\t\t\t\t\t\tX\t\t\t\t\t\tShare on Twitter\n\t\t\t\t<\/li>\n<li class=\"social-share__popup-item\">\n<p>\t\t\t\t\t\tLinkedIn\t\t\t\t\t\tShare on LinkedIn\n\t\t\t\t<\/li>\n<li class=\"social-share__popup-item\">\n<p>\t\t\t\t\t\tWhatsApp\t\t\t\t\t\tShare on WhatsApp\n\t\t\t\t<\/li>\n<li class=\"social-share__popup-item\">\n<p>\t\t\t\t\t\tEmail\t\t\t\t\t\tShare on Email\n\t\t\t\t<\/li>\n<\/ul>\n<p><img width=\"742\" height=\"495\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/shawbrook-in-motion-2.jpg\" class=\"media \" alt=\"\" fetchpriority=\"high\" loading=\"eager\" decoding=\"sync\"  \/>\t\tShawbrook Bank\u2019s IPO could open the floodgates to more London floats.\t<\/p>\n<p>Specialist lender Shawbrook is preparing to announce intention of its London Stock Exchange debut \u2013 a move which could take place as soon as Thursday next week.<\/p>\n<p>Shawbrook\u2019s private equity owner \u2013 Pollen Street Capital \u2013 is eying a \u00a32bn valuation for the firm from the transaction.<\/p>\n<p>It comes amid a dire outlook for the London Stock Exchange (<a href=\"https:\/\/www.londonstockexchange.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">LSE<\/a>) after data this week revealed it <a href=\"https:\/\/www.cityam.com\/its-a-desert-out-there-london-sinks-to-23rd-in-ipo-venue-rankings\/\" target=\"_blank\" rel=\"noopener noreferrer\">had fallen as low as 23rd in the global ranking of IPO destinations. <\/a><\/p>\n<p>A mere \u00a3184m was raised on the LSE in the first nine months of the year \u2013 falling drastically short of the \u00a317bn in 2021, and making 2025 the worst year for listings in over three decades.<\/p>\n<p>But City officials will be hoping a successful Shawbrook float could open the floodgates to a batch of new listing candidates.<\/p>\n<p>Investment bank Cavendish \u2013 <a href=\"https:\/\/www.cityam.com\/cavendish-cost-cutting-help-swing-investment-bank-to-profit\/\" target=\"_blank\" rel=\"noopener noreferrer\">the market leader for AIM-listed firms<\/a> \u2013 said in an updated earlier this week there was a solid \u201cpipeline of both public and private transactions including potential IPOs and ongoing public M&amp;A activity\u201d.<\/p>\n<p>Shawbrook owner eye expansion<\/p>\n<p>The news, first reported by the Financial Times, comes after Pollen Street has been hungry for expansion for Shawbrook for some time.<\/p>\n<p>\t\t\t\t\tRead more<\/p>\n<p>\t\t\t<a class=\"read-more__link\" href=\"https:\/\/www.cityam.com\/ftse-100-live-shawbrook-ipo-stamp-duty-holiday-for-shares\/\" target=\"_blank\" rel=\"noopener noreferrer\">FTSE 100 Live: Tesco shares rally; OpenAI nets $500bn price tag<\/a><\/p>\n<p>The bank\u2019s owner had been exploring multiple pathways for the lender over the last year including a\u00a0<a href=\"https:\/\/www.cityam.com\/shawbrook-eyeing-5bn-starling-merger-instead-of-ipo\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u00a35bn merger with UK fintech Starling\u00a0<\/a>and a potential takeover of high street lender Metro Bank.<\/p>\n<p>In its half-year report Shawbrook recorded a 35 per cent jump in profit before tax to \u00a3168.6m as its loan book grew 14 per cent to \u00a317bn.\u00a0<\/p>\n<p>Deposits were also <a href=\"https:\/\/www.cityam.com\/shawbrook-expands-loanbook-ahead-of-mooted-london-float\/\" target=\"_blank\" rel=\"noopener noreferrer\">up 11 per cent to \u00a316.7bn<\/a>, compared to \u00a315.8bn at the end of 2024.<\/p>\n<p>Shawbrook\u2019s CET1 ratio \u2013 a crucial indicator of its financial health \u2013 edged up 0.1 per cent as the lender strengthened its core capital.<\/p>\n<p>Marcelino Castrillo, chief executive of Shawbrook, said the lender expected further growth across its four core segments of SMEs, real estate, retail mortgages and consumer.\u00a0<\/p>\n<p>Castrillo added the firm had begun to embed AI across operations with the \u201cenhancements\u201d helping to reduce the bank\u2019s cost of risk \u2013 a key metric indicating total expected losses from credit defaults, operational failures, and other risks \u2013 shrinking to 42 basis points.<\/p>\n<p>\t\t\t\t\tRead more<\/p>\n<p>\t\t\t<a class=\"read-more__link\" href=\"https:\/\/www.cityam.com\/mark-kleinman-investor-row-is-a-curve-ball-for-lloyds-deal\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mark Kleinman: Investor row is a Curve-ball for Lloyds deal<\/a><\/p>\n<p>\t\tSimilarly tagged content: <\/p>\n<p>\t\t\tSections\t\t<\/p>\n<p>\t\t\tCategories\t\t<\/p>\n<p>\t\t\tPeople &amp; Organisations\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Thursday 02 October 2025 10:17 am \u00a0|\u00a0\u00a0Updated:\u00a0 Thursday 02 October 2025 10:23 am Share Facebook Share on Facebook&hellip;\n","protected":false},"author":2,"featured_media":468107,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7757],"tags":[3427,748,51,393,4884,10831,156105,257,156106,3097,155381,156107,53846,156108,12,156109,156110,106719,7573,156111,977,156112,73367,1831,16,156113,15],"class_list":{"0":"post-468106","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-london","8":"tag-banking","9":"tag-britain","10":"tag-business","11":"tag-england","12":"tag-great-britain","13":"tag-ipo","14":"tag-ipo-market","15":"tag-london","16":"tag-london-stock","17":"tag-london-stock-exchange","18":"tag-london-stock-market","19":"tag-londonu2019s-stock-market","20":"tag-lse","21":"tag-lse-exodus","22":"tag-news","23":"tag-private-stock-market","24":"tag-shawbrook","25":"tag-shawbrook-bank","26":"tag-stock","27":"tag-stock-broker","28":"tag-stock-market","29":"tag-stock-market-float","30":"tag-stock-market-update","31":"tag-stock-markets","32":"tag-uk","33":"tag-uk-stock-market","34":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115303920177347128","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/468106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=468106"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/468106\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/468107"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=468106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=468106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=468106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}