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Vanquis Banking Group
(LSE:VANQ)
Vanquis Banking Group (VANQ) vs. S&P 500 (SPY)
Vanquis Banking Group Business Overview & Revenue Model
Vanquis Banking Group Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 542.50M | 599.20M | 480.70M | 481.60M | 738.20M | 926.30M | Gross Profit |
| 69.30M | 293.60M | 183.80M | 210.40M | 514.80M | 526.10M | EBIT |
| 331.15M | 131.80M | 105.20M | -24.50M | -113.50M | 128.80M | EBITDA |
| 210.90M | 159.40M | 205.40M | 0.00 | 0.00 | 0.00 | Net Income Common Stockholders |
| -29.20M | -6.00M | 77.40M | -32.10M | -83.40M | 84.40M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 748.70M | 743.30M | 464.90M | 717.70M | 919.70M | 353.60M | Total Assets |
| 3.21B | 3.21B | 2.66B | 2.73B | 3.08B | 2.92B | Total Debt |
| 2.57B | 2.57B | 864.70M | 904.10M | 589.40M | 696.60M | Net Debt |
| 1.83B | 1.83B | 399.80M | 186.40M | -330.30M | 343.00M | Total Liabilities |
| 2.63B | 2.63B | 2.05B | 2.09B | 2.43B | 2.18B | Stockholders Equity |
| 583.10M | 583.10M | 607.20M | 631.20M | 647.70M | 740.50M |
| Cash Flow | Free Cash Flow | ||||
| 112.10M | -252.80M | -237.70M | 137.00M | 341.70M | 86.30M | Operating Cash Flow |
| 126.20M | -230.50M | -204.90M | 163.10M | 363.90M | 100.30M | Investing Cash Flow |
| -16.95M | -18.80M | -32.80M | -22.30M | -21.50M | 24.40M | Financing Cash Flow |
| 364.75M | 527.20M | -12.50M | -345.00M | 225.10M | -154.80M |
Vanquis Banking Group Technical Analysis
Vanquis Banking Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | £1.44B | 5.04 | 13.70% | 8.59% | 18.67% | 17.42% | |
74 Outperform | £290.33M | 4.87 | 12.58% | 7.85% | -5.41% | 29.23% | |
71 Outperform | £97.29M | 4.99 | 5.59% | 5.17% | 19.89% | -19.56% | |
64 Neutral | $13.44B | 9.41 | 9.19% | 4.92% | 16.30% | -8.66% | |
61 Neutral | £139.75M | ― | -23.29% | 10.91% | 1.10% | -1831.40% | |
56 Neutral | £168.90M | 8.98 | 8.14% | 8.16% | 10.81% | -42.66% |
Vanquis Banking Group Corporate Events
Schroders Plc has increased its voting rights in Vanquis Banking Group PLC to 18.11% from a previous 17.04%, as of March 31, 2025. This acquisition of voting rights signifies a strengthened position for Schroders within Vanquis, potentially impacting the company’s governance and strategic decisions.
Vanquis Banking Group PLC has announced a change in its major holdings, with Schroders Plc increasing its voting rights to 17.042531%. This change in voting rights, which was finalized on March 24, 2025, indicates a significant shift in shareholder influence within the company, potentially impacting its strategic decisions and market positioning.
Vanquis Banking Group announced a transaction involving the purchase of 40,000 Ordinary Shares by Dave Watts, the Chief Financial Officer. This transaction, conducted on the London Stock Exchange, highlights the involvement of key managerial personnel in the company’s stock, potentially indicating confidence in the company’s future performance.
Vanquis Banking Group has announced a transaction involving the purchase of ordinary shares by the Trustee of the Share Incentive Plan on behalf of Dave Watts, the Chief Financial Officer. This transaction, part of the company’s Buy As You Earn Share Incentive Plan, highlights the ongoing commitment to aligning managerial interests with shareholder value, potentially impacting the company’s market perception and stakeholder confidence.
Vanquis Banking Group has announced the publication of its 2024 Annual Report and Financial Statements, alongside the notice for its 2025 Annual General Meeting (AGM). These documents will be available for inspection on the National Storage Mechanism and the company’s website. The AGM is scheduled for 14 May 2025 at Clifford Chance LLP in London, indicating the company’s commitment to transparency and stakeholder engagement.
Vanquis Banking Group reported its financial results for 2024, highlighting a pivotal year in its turnaround strategy. Despite facing challenges, the company achieved significant cost savings and improved its credit quality, positioning itself for future growth. The Group’s technology transformation program is expected to enhance its digital capabilities, supporting its goal of achieving mid-teens return on tangible equity by 2027. While the company faced a statutory loss due to a goodwill write-off and increased complaint costs, it remains focused on moderating growth in vehicle finance and prioritizing second charge mortgages and credit cards.
Vanquis Banking Group announced that its issued share capital consists of 256,482,888 ordinary shares with voting rights as of February 28, 2025. This information is crucial for shareholders to determine their notification obligations under the Financial Conduct Authority’s rules, impacting how they manage their interests in the company.
Vanquis Banking Group has announced a transaction notification involving its Chief Financial Officer, Dave Watts, under the company’s Share Incentive Plan. The transaction details include the purchase of ordinary shares and the awarding of matching shares, reflecting the company’s ongoing employee investment initiatives and potential positive impacts on staff engagement and retention.
On February 5, 2025, Vanquis Banking Group PLC announced a change in major shareholdings, with Norges Bank acquiring or disposing of voting rights. The bank now holds a total of 6.015460% voting rights in Vanquis, indicating a shift from a previous position of 5.243180%. This adjustment in shareholding could impact the bank’s governance structure and influence its strategic decisions.
Vanquis Banking Group plc announced that its issued share capital comprises 256,482,888 ordinary shares, each with voting rights, as of January 31, 2025. This information aligns with the Financial Conduct Authority’s rules on disclosure, allowing shareholders to assess their shareholding obligations or changes accurately.
Vanquis Banking Group has announced the retirement of Paul Hewitt and Angela Knight from their roles as non-executive directors after six years of service. The company has appointed Michele Greene as Chair of the Board Risk Committee and Senior Independent Director, and Oliver Laird as Chair of the Board Audit Committee. These changes have been made following regulatory approval and are expected to continue the transformation and strategic direction of the company.
Vanquis Banking Group announced that the Trustee of its Share Incentive Plan has purchased and awarded shares on behalf of its Chief Financial Officer, Dave Watts, as part of its ‘Buy As You Earn’ program. This move reflects the company’s strategy to align managerial interests with shareholder value, potentially strengthening its market position and signaling stability and commitment to its stakeholders.