Shares Magazine
Jump to:
Provident Financial Fundamentals
| Company Name | Provident Financial | Last Updated | 02 Jul 2020 |
|---|---|---|---|
| Industry | Financials | Sector | Consumer Finance |
| Shares in Issue (m) | 253.62 | Market Cap (£m) | 437.74 |
| PE Ratio | 5.18 | Div per Share (p) | 25.00 |
| Div Yield | 5.21 | Div Cover | 3.70 |
| EPS | 33.30 | EPS Growth (%) | 32.14 |
| PEG | 0.16 | DPS Growth (%) | 150.00 |
| Debt Ratio | 67.92 | Debt Equity Ratio | 0.72 |
| Net Gearing | 62.54 | Gross Gearing | 74.65 |
| Asset Equity Ratio | 3.94 | Cash Equity Ratio | 47.75 |
| Quick Ratio | 3.59 | Current Ratio | 3.59 |
| Price To Book Value | 0.59 | ROCE | 5.58 |
Provident Financial Dividends
| Type | Ex-Date | Pay Date | Currency | Net Dividend | Year Total |
|---|---|---|---|---|---|
| 16p Cancelled | 02 Apr 2020 | 22 May 2020 | GBX | 0.00 | 9.00 |
| H1 Dividend | 15 Aug 2019 | 26 Sep 2019 | GBX | 9.00 | |
| H2 Dividend | 23 May 2019 | 21 Jun 2019 | GBX | 10.00 | 10.00 |
| Dividend withdrawn | 26 Oct 2017 | 30 Nov 2017 | GBX | 43.20 | |
| H2 Dividend | 18 May 2017 | 23 Jun 2017 | GBX | 91.40 | 134.60 |
| H1 Dividend | 27 Oct 2016 | 25 Nov 2016 | GBX | 43.20 | |
| H2 Dividend | 19 May 2016 | 24 Jun 2016 | GBX | 80.90 | 120.10 |
| H1 Dividend | 29 Oct 2015 | 27 Nov 2015 | GBX | 39.20 |
Provident Financial Company Financials
| Assets (£m) | 2019 | 2018 | 2017 |
|---|---|---|---|
| Tangible Assets | 19 | 25 | 31 |
| Intangible Assets | 115 | 126 | 151 |
| Investments | 588 | 472 | 431 |
| Total Fixed Assets | 723 | 623 | 612 |
| Stocks | 0 | 0 | 0 |
| Debtors | 33 | 50 | 44 |
| Cash & Equivalents | 354 | 388 | 283 |
| Other Assets | 1,811 | 1,861 | 2,027 |
| Total Assets | 2,921 | 2,921 | 2,966 |
| Liabilities (£m) | 2019 | 2018 | 2017 |
|---|---|---|---|
| Creditors within 1 year | 612 | 559 | 623 |
| Creditors after 1 year | 1,568 | 1,666 | 1,808 |
| Other Liabilities | 0 | 0 | 0 |
| Total Liabilities | 2,180 | 2,225 | 2,431 |
| Net assets | 741 | 696 | 535 |
| Equity (£m) | 2019 | 2018 | 2017 |
|---|---|---|---|
| Called up share capital | 53 | 53 | 31 |
| Share Premium | 273 | 273 | 273 |
| Profit / Loss | 129 | 91 | -123 |
| Other Equity | 296 | 292 | 13 |
| Preference & Minorities | 0 | 0 | 0 |
| Total Capital Employed | 741 | 696 | 535 |
| Ratios | 2019 | 2018 | 2017 |
|---|---|---|---|
| Debt Ratio | 67.92 | 70.54 | 77.16 |
| Debt-to-Equity | 0.72 | 0.75 | 0.74 |
| Net Gearing | 62.54 | 62.89 | 72.42 |
| Gross Gearing | 74.65 | 76.17 | 81.96 |
| Assets / Equity | 3.94 | 4.20 | 5.54 |
| Cash / Equity | 47.75 | 55.73 | 52.87 |
| EPS | 33.30 | 25.20 | -90.70 |
| Cash Flow (£m) | 2019 | 2018 | 2017 |
|---|---|---|---|
| Cash from operating activities | 100 | -40 | -57 |
| Cashflow before financing | 125 | -51 | -124 |
| Increase in Cash | -30 | 101 | 61 |
| Income (£m) | 2019 | 2018 | 2017 |
|---|---|---|---|
| Turnover | 998 | 1,124 | 1,196 |
| Cost of sales | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 |
| Operating Profit | 201 | 182 | -123 |
| Pre-Tax profit | 129 | 91 | -123 |
| Profit / Loss for the year | 53 | 53 | 31 |
Provident Financial Company Background
| Sector | Consumer Finance |
|---|---|
| Activities | Provident Financial plc is the leading provider of credit products to those consumers who are not well served by mainstream lenders. The group serves 2.5 million customers and its operations consist of Vanquis Bank, the Consumer Credit Division (CCD) comprising Provident and Satsuma, and Moneybarn. |
| Latest Interim Date | 30 Jul 2019 |
| Latest Fiscal Year End Date | 27 Feb 2020 |
Provident Financial Directors
| Appointed | Director | Position |
|---|---|---|
| 2014-01-01 | Malcolm John le May | Chief Executive Officer |
| 2020-04-01 | Neeraj Kapur | Chief Financial Officer |
| 2018-09-21 | Patrick Joseph Robert Snowball | Non-Executive Chairman |
| 2017-03-01 | Andrea Margaret Blance | Non-Executive Director |
| 2018-07-31 | Elizabeth Grace Chambers | Non-Executive Director |
| 2019-06-26 | Robert East | Non-Executive Director |
| 2018-07-31 | Paul William Hewitt | Non-Executive Director |
| 2018-07-31 | Angela Ann Knight | Non-Executive Director |
| 2019-04-01 | Graham John Lindsay | Non-Executive Director |
Provident Financial Contact Details
| Company Name | Provident Financial |
|---|---|
| Company Address | Colonnade, Sunbridge Road, Bradford, West Yorkshire BD1 2LQ. |
| Company Telephone | +44 (0)1274 731 111 |
| Company Website | http://www.providentfinancial.com/ |
Provident Financial Advisors
| Auditor Name | PricewaterhouseCoopers LLP |
|---|---|
| Auditor Address | Benson House, 33 Wellington Street, Leeds LS1 4JP. |
| Auditor Website | http://www.pwc.co.uk/ |
| Auditor Telephone | +44 (0)113 289 4000 |
| Registrar Name | Link Asset Services |
| Registrar Address | The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU. |
| Registrar Website | http://www.linkassetservices.com/ |
| Registrar Telephone | 0870 162 3100 |
| Broker Name | Dresdner Kleinwort Limited |
| Broker Address | 30 Gresham Street, London EC2V 7PG. |
| Broker Website | http://www.dresdnerkleinwort.com/ |
| Broker Telephone | +44 (0)20 7623 8000 |
| Adviser Name | Dresdner Kleinwort Limited |
| Adviser Address | 30 Gresham Street, London EC2V 7PG. |
| Adviser Website | http://www.dresdnerkleinwort.com/ |
| Adviser Telephone | +44 (0)20 7623 8000 |
| Solicitor Name | Addleshaw Goddard LLP |
| Solicitor Address | PO Box 8, Sovereign Street, Leeds LS1 1HQ. |
| Solicitor Website | http://www.addleshawgoddard.com/ |
| Solicitor Telephone | +44 (0)1132 092 000 |
| Stockbroker Name | JPMorgan Cazenove |
| Stockbroker Address | 20 Moorgate, London EC2R 6DA. |
| Stockbroker Website | http://www.jpmorgancazenove.com/ |
| Stockbroker Telephone | +44 (0)20 7588 2828 |
Sign up to our
daily email
Subscribe to the latest investing news by entering your email address below
You can opt out at any time.
For five days a week you will get
- The latest company news
- Insight into investment trends
- Round-up of director's buys and sells
- Articles from Shares magazine
