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Sesame reports £5m profits for 2010

Sesame Bankhall has reported an operating profit of £5m in 2010, an increase of £2m compared to the previous year.

The figures were reported as part of Resolution’s 2010 figures this morning and are the first set of full year figures following the integration of Bankhall and mortgage adviser service provider PMS with Sesame in October 2009

In its results statement, Resolution says: “The result reflects the combined fees generated by these businesses and is after charging £1m from Pantheon which was disposed of in March 2010.”

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Comments

There are 2 comments at the moment, we would love to hear your opinion too.

  1. Great news, my bad knee has now got a use. If thier disabled in the head why has the FSA authorised them in the first place.

  2. So I guess they hide the £10 million or so they pay out every year in compensation for all the misselling?

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