Virgin Money UK (LSE:VMUK)

UK company
add to virtual portfolio
trade
This share can be held in
Trading AccountISAJISASIPP

Share Price Chart

- Chart currently unavailable -

Market Info - VMUK

  • Market Open Price0.00
  • Previous Close0.00
  • Volume-
  • 52w Low/High-
  • Last Trade Price0.00
  • Bid/Ask Price0.00

Company Info - VMUK

  • Market Cap£1.343bn
  • SymbolLSE:VMUK
  • IndustryFinancial Services
  • Sector-
  • Currency
  • ISINGB00BD6GN030

Company Profile

Virgin Money UK was formed through the merger between CYBG PLC and Virgin Money. After being divested by National Australia Bank in 2016, CYBG went through a restructuring and recapitalisation process, with mortgages accounting for around 75% of its loan book. Following CYBG's merger with Virgin Money, the loan book has been reshaped again, with mortgages now accounting for more than 80% of total loans, personal loans around 7%, and SME and business loans around 12%. The merger with Virgin Money does provide upside earnings potential, but operating conditions are tough, with business momentum slowing. Political and economic risks are increasing, and an upturn in the earnings outlook is needed after several years of disappointment.CYBG PLC is engaged in providing banking services. It offers products and services including mortgages, current accounts, term lending, personal loans, working capital solutions, overdrafts, credit cards and payment and transaction services.

Latest VMUK news

Currently there for this company. Visit our news hub for other news .

VMUK Regulatory news

Currently there for this company. Visit our news hub for other news .