Virgin Money UK (GB:VMUK) has released an update.
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Virgin Money UK reports steady Q3 performance with growth in deposits and unsecured lending, and reiterates its FY24 guidance. The anticipated acquisition by Nationwide is on track, with regulatory clearance already secured and completion expected in Q4. Despite a slight downturn in mortgages and business lending, the company maintains a robust capital position with strong liquidity indicators.
For further insights into GB:VMUK stock, check out TipRanks’ Stock Analysis page.