Subsector profitability change - financial companies 2013-2014

This statistic presents change in business profitability for different subsectors of financial field companies in United Kingdom, as of June 2014 (quarterly between June 2013 and June 2014). The change is calculated as the difference between the percentage of respondents reporting increase in profits and percentage of respondents reporting decrease. After the increase of December 2013 and March 2014, the latest data noted some decrease, with net balance on profitability of life insurance subsector dropping to minus 51 percent.

Change in subsector past profitability among financial field companies as of June 2014

Characteristic	Banks	Building societies	Investment management	Life insurance	General insurance
Jun 2014	1%	67%	-1%	-51%	-39%
Mar 2014	29%	78%	57%	0%	-18%
Dec 2013	53%	67%	30%	67%	84%
Sep 2013	47%	82%	-14%	-11%	80%
Jun 2013	1%	75%	88%	-84%	39%

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Release date

June 2014

More information

Region

United Kingdom

Survey time period

June 2013 to June 2014

Number of respondents

98 respondents

Special properties

companies

Supplementary notes

The question was as follows: "Excluding seasonal variations, what are the trends for: overall profitability of business?"
Survey issue 99 was conducted between May and June 2014 and 98 companies from financial field took part.
The source provides additional information: "All numbers provided are percentage balances unless otherwise stated, i.e. the difference between the percentage of respondents reporting an increase and percentage reporting a decrease."

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