Virgin Money Holdings Share News (VM.)
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(Sharecast News) - Shares in Virgin Money slumped on Thursday as the challenger bank posted lower first-half profits due to an increase in impairment charges for bad debts and higher investment costs.
Read more(Sharecast News) - Citi reiterated its 'buy' rating on Lloyds, NatWest, Barclays and Virgin Money on Friday.
Read more(Sharecast News) - Barclays downgraded Virgin Money on Monday to 'equalweight' from 'overweight' following a strong share price performance over the last six months.
Read more(Sharecast News) - Analysts at Berenberg raised their target price on lender Virgin Money UK from 170.0p to 195.0p on Monday but cautioned that "relative challenges" may worsen.
Read more(Sharecast News) - Lender Virgin Money said on Wednesday that it had delivered a "positive first quarter", with continued good progress on digitisation and growth in lending.
Read more(Sharecast News) - Virgin Money UK released £19m of credit provisions in the third quarter and upgraded its margin guidance for the year as the bank traded in line with expectations.
Read more(Sharecast News) - Fevertree: Numis upgrades to buy with a target price of 2,800p.
Read more(Sharecast News) - Deutsche Bank increased its share price targets for the UK's banks and named Barclays, Standard Chartered and Virgin Money as its top picks with a wave of bad loans looming.
Read more(Sharecast News) - Financials paced gains in the first trading session of December with lenders' shares faring best as analysts weighed in with further positive views on the outlook for the sector.
Read more(Sharecast News) - Analysts at Citi reiterated their 'buy' stance on several of the UK's largest lenders, citing the likely resumption of dividend payments from February 2021 onwards among some of the positives for the group.
Read more(Sharecast News) - Virgin Money has appointed its corporate development director as interim chief financial officer as current CFO Ian Smith prepares to leave the bank.
Read more(Sharecast News) - Virgin Money UK reported a decline in net interest margins during the third quarter of its financial year, even as its deposits and business loans continued growing.
Read more(Sharecast News) - UK lenders have given almost 1.5m payment holidays to card and personal loan borrowers in financial difficulties during the Covid-19 crisis, industry figures showed.
Read more(Sharecast News) - The Bank of England has warned UK lenders to exercise restraint in booking charges for expected bad debts to preserve their capital positions.
Read more(Sharecast News) - The Financial Conduct Authority has asked lenders to introduce loan payment freezes and interest-free overdrafts to support consumers whose finances have been hit by the Covid-19 crisis.
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