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TSB’s Pay Gap 2025

Diversity Equity and Inclusion

  • TSB serves communities across the UK, bringing Money Confidence to everyone. Every day.
  • We want to ensure we are as diverse behind the scenes as our customers are.
  • We’re proud to say that we’ve met or exceeded the goals we set back in 2021 to increase the diversity of our teams, demonstrating the impact of our inclusion strategy.
  • As part of our commitment to equality and diversity, we publish our gender and ethnicity pay gaps annually.

Real Progress. Reducing our pay gaps: We measure pay gaps based on gender and ethnicity, and for the first time our 2025 report will include our disability pay gap. You can find more information in our TSB Gender and Ethnicity Pay Report 2024, and we will publish our 2025 pay gap report in early 2026.

Gender: When we signed up to the Women in Finance Charter in 2017, we had 36% female representation, and our target was 40% by 2022. As of September 2025, we have exceeded that with female representation in senior management at 42% and 12% of senior women describe their ethnicity as Black, Asian or minority ethnic.

Ethnicity: When we created our Inclusion Strategy in 2021 our Black, Asian and minority ethnic colleague representation was 11.5% and our target was 14% by 2025. As of September 2025, our Black, Asian and minority ethnic colleague representation has exceeded our goal and is at 20%. This is above 2021 census data for ethnicity and a strong outcome we will work to maintain. Black representation across senior roles is now at 3.2%, exceeding our target of 3%, and Black, Asian and minority ethnic senior leadership is now 13%, exceeding our goal of 10%.

Disability: As of September 2025, 20% of colleagues across TSB have a disclosed long-term health condition or disability, which is above our goal of 19%.

TSB Bank plc. Registered office: Henry Duncan House, 120 George Street, Edinburgh EH2 4LH. Registered in Scotland, no. SC95237.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 191240.

TSB Bank plc is covered by the Financial Services Compensation Scheme and the Financial Ombudsman Service.

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