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Virgin Money UK PLC Fundamentals

Company NameVirgin Money UK PLCLast Updated2024-04-24
IndustryBanks - RegionalSectorFinancial Services
Shares in Issue1.296 bnMarket Cap£2.78 bn
PE Ratio12.02Dividend per Share£0.11
Dividend Yield2.47Dividend Cover1.65
EPS£0.14EPS Growth (%)-0.39
PEG5.69DPS Growth (%)2.0857
Debt Ratio0.1744Debt Equity Ratio2.8554
Asset Equity Ratio16.3699Cash Equity Ration/a
Quick Ratio0Current Ratio0
Price To Book Value0.4962ROCE0

Virgin Money UK PLC Dividends

TypeEx-DatePay DateCurrencyNet DividendYear Total
Prelim2024-02-222024-03-20GBP0.0200
Interim2023-05-182023-06-21GBP0.0330
Prelim2023-02-092023-03-15GBP0.0750
Interim2022-05-192022-06-21GBP0.0250
Prelim2022-02-102022-03-11GBP0.0100

Virgin Money UK PLC Company Financials

Assets202320222021
Tangible Assets£184.00 m£211.00 m£250.00 m
Intangible Assets£173.00 m£267.00 m£373.00 m
Investments000
Total Fixed Assets000
Stocks000
Debtors000
Cash & Equivalents000
Other Assets000
Total Assets£91.79 bn£91.91 bn£89.10 bn
Liabilities202320222021
Creditors within 1 year000
Creditors after 1 year000
Other Liabilities000
Total Liabilities£86.18 bn£85.57 bn£83.63 bn
Net assets£5.61 bn£6.34 bn£5.47 bn
Equity202320222021
Called up share capital£134.00 m£141.00 m£144.00 m
Share Premium£9.00 m£7.00 m£5.00 m
Profit / Loss£345.00 m£595.00 m£417.00 m
Other Equity£5.61 bn£6.34 bn£5.47 bn
Preference & Minorities000
Total Capital Employed£5.61 bn£6.34 bn£5.47 bn
Ratios202320222021
Debt Ratio£0.74£0.71£0.71
Debt-to-Equity£2.86£2.48£2.48
Assets / Equity16.369916.369916.3699
Cash / Equityn/an/an/a
EPS£0.30£0.50£0.56
Cash Flow202320222021
Cash from operating activities£954.00 m£1.92 bn£597.00 m
Cashflow before financing-£69.00 m£3.73 bn-£26.00 m
Increase in Cash-£938.00 m£2.36 bn£439.00 m
Income202320222021
Turnover£1.83 bn£1.72 bn£1.49 bn
Cost of sales000
Gross Profit000
Operating Profit000
Pre-Tax profit£345.00 m£595.00 m£417.00 m

Virgin Money UK PLC Company Background

SectorFinancial Services
ActivitiesVirgin 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 recapitalization 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 79% of total loans, personal loans around 9%, and SME and business loans around 12%.
Latest Interim Date4 May 2023
Latest Fiscal Year End Date23 Nov 2023

Virgin Money UK PLC Directors

AppointedNamePosition
2024-03-20Ms. Sara Vivienne Weller CBENon-Executive Director
2020-05-05Mr. James Neilson PettigrewNon-Executive Director,Chairman
2024-03-20Mr. David J Bennett Non-Executive Director,Chairman
2024-03-20Mr. David Duffy Executive Director,Chief Executive Officer
2018-06-29Mr. David Alan BrowneNon-Executive Director
2020-05-01Mr. Adrian Grace Non-Executive Director
2022-06-30Mr. Paul CobyNon-Executive Director
2024-03-20Mr. Darren Scott PopeNon-Executive Director
2020-09-30Ms. Fiona MacLeodNon-Executive Director
2024-03-20Ms. Geeta GopalanNon-Executive Director
2018-11-19Ms. Debbie A CrosbieExecutive Director,Chief Operating Officer
2020-11-26Mr. Ian SmithExecutive Director,Chief Financial Officer
2024-03-20Mr. Timothy Wade Non-Executive Director,Senior Independent Director
2024-03-20Mr. Clifford AbrahamsExecutive Director,Chief Financial Officer

Virgin Money UK PLC Contact Details

Company NameVirgin Money UK PLC
AddressJubilee House, Gosforth, Newcastle upon Tyne, NE3 4PL
Telephone+44 1412487070
Websitehttps://www.virginmoneyukplc.com

Virgin Money UK PLC Advisors

Remuneration ConsultantPricewaterhouseCoopers LLP
Phone+44 205835000
Fax+44 208224652
Financial PR AdviserBell Pottinger - Financial and Corporate
Phone+44 2037722500
RegistrarComputershare Investor Services PLC
Phone+44 3707020003
Fax+44 3707036101
SolicitorClifford Chance
Phone+44 2070061000
Fax+44 2070065555
SolicitorAllen & Overy LLP
Phone+44 2030880000
Fax+44 207339999