Brief: Virgin Money's Q3 NIM OF 1.89% Lower From H1

Virgin Money UK

02/08/2024 07:21

Aug 2 (Reuters) - Virgin Money UK PLC  VMUK.L :
    * VIRGIN MONEY UK PLC CLYDESDALE BANK PLC  - THIRD QUARTER
2024
TRADING UPDATE
    * VIRGIN MONEY UK: ACQUISITION BY NATIONWIDE PROGRESSING AS
ANTICIPATED, EXPECT TO COMPLETE IN FINAL QUARTER OF CALENDAR
YEAR
    * VIRGIN MONEY UK PLC: CUSTOMER LENDING LOWER IN Q3
    * VIRGIN MONEY UK PLC - CUSTOMER DEPOSITS UP 2.4% IN Q3 2024
    * VIRGIN MONEY UK PLC: Q3 NIM OF 1.89% WAS LOWER VERSUS H1
OF
1.94%
    * VIRGIN MONEY UK PLC: BUSINESS LENDING 1.1% LOWER IN Q3 AT
£9.2BN
    * VIRGIN MONEY UK PLC: MORTGAGES 1.1% LOWER IN Q3 AT £56.0BN
    * VIRGIN MONEY UK PLC: RE-ITERATES ITS FY24 GUIDANCE

Source text for Eikon:  ID:nRSB8914Ya 
Further company coverage:  VMUK.L 

 ((Reuters.Briefs@thomsonreuters.com;))