Brief: Vanquis Banking Posts FY Adjusted Loss Before Tax Of 34.8 Mln GBP
14/03/2025 07:19
March 14 (Reuters) - Vanquis Banking Group PLC VANQ.L: VANQUIS BANKING GROUP FY NET INCOME GBP -119.3 MILLION VANQUIS BANKING GROUP FY TOTAL INCOME GBP 458.5 MILLION VANQUIS BANKING GROUP FY ADJUSTED PRETAX PROFIT GBP -34.8 MILLION VANQUIS BANKING GROUP FY NET INTEREST INCOME GBP 420 MILLION VANQUIS BANKING GROUP FY PRETAX PROFIT GBP -136.3 MILLION VANQUIS BANKING: NOW EXPECT TO ACHIEVE GOAL OF SUSTAINABLE MID-TEENS ROTE IN 2027, WITH DOUBLE-DIGITS ROTE DELIVERED IN 2026 VANQUIS BANKING : SEES FY26 BALANCES AT LOWER END OF PREVIOUS GUIDANCE OF £3.0BN-£3.5BN, REACHING C.£2.6BN BY END OF 2025 Source text: ID:nRSN6441Aa Further company coverage: VANQ.L ((Reuters.Briefs@thomsonreuters.com;))