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Will OneSavings Bank rebound?

Investors will want reassurance in the face of low interest rates
August 17, 2016

Like almost all banks, shares in OneSavings Bank (OSB) received a hammering following the referendum. Investors will be looking for reassurance that in the face of lower interest rates the challenger bank will be able to maintain its impressive return-on-equity, which last year hit 32 per cent on an underlying basis.

IC TIP: Buy at 221p

Shareholders should also be keen to see whether the bank has suffered any fall back in demand for buy-to-let loans, following the hike in stamp duty in April.