Virgin Money UK Past Earnings Performance
Past criteria checks 1/6
Virgin Money UK has been growing earnings at an average annual rate of 56.1%, while the Banks industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 7.3% per year. Virgin Money UK's return on equity is 4.4%, and it has net margins of 12.6%.
Key information
56.1%
Earnings growth rate
57.8%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 7.3% |
| Return on equity | 4.4% |
| Net Margin | 12.6% |
| Next Earnings Update | 13 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Virgin Money UK makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 1,518 | 192 | 1,030 | 0 |
| 30 Jun 23 | 1,565 | 307 | 988 | 0 |
| 31 Mar 23 | 1,611 | 421 | 881 | 0 |
| 31 Dec 22 | 1,638 | 444 | 871 | 0 |
| 30 Sep 22 | 1,664 | 467 | 925 | 0 |
| 30 Jun 22 | 1,725 | 510 | 936 | 0 |
| 31 Mar 22 | 1,786 | 553 | 946 | 0 |
| 31 Dec 21 | 1,703 | 474 | 948 | 0 |
| 30 Sep 21 | 1,620 | 395 | 949 | 0 |
| 30 Jun 21 | 1,342 | 117 | 930 | 0 |
| 31 Mar 21 | 1,064 | -162 | 911 | 0 |
| 31 Dec 20 | 1,003 | -191 | 914 | 0 |
| 30 Sep 20 | 942 | -220 | 917 | 0 |
| 30 Jun 20 | 1,112 | -247 | 925 | 0 |
| 31 Mar 20 | 1,282 | -274 | 932 | 0 |
| 31 Dec 19 | 1,441 | -263 | 910 | 0 |
| 30 Sep 19 | 1,600 | -253 | 887 | 0 |
| 30 Jun 19 | 1,469 | -166 | 700 | 0 |
| 31 Mar 19 | 1,338 | -80 | 512 | 0 |
| 31 Dec 18 | 1,152 | -127 | 574 | 0 |
| 30 Sep 18 | 966 | -174 | 635 | 0 |
| 30 Jun 18 | 983 | -63 | 750 | 0 |
| 31 Mar 18 | 999 | 47 | 864 | 0 |
| 31 Dec 17 | 994 | 100 | 776 | 0 |
| 30 Sep 17 | 989 | 153 | 688 | 0 |
| 30 Jun 17 | 979 | -21 | 693 | 0 |
| 31 Mar 17 | 969 | -195 | 697 | 0 |
| 31 Dec 16 | 964 | -196 | 713 | 0 |
| 30 Sep 16 | 959 | -198 | 729 | 0 |
| 30 Jun 16 | 895 | -283 | 744 | 0 |
| 31 Mar 16 | 830 | -368 | 759 | 0 |
| 31 Dec 15 | 859 | -305 | 735 | 0 |
| 30 Sep 15 | 887 | -243 | 711 | 0 |
| 30 Sep 14 | 908 | -198 | 1,119 | 0 |
| 30 Sep 13 | 814 | -44 | 863 | 0 |
Quality Earnings: 42YB has a large one-off loss of £143.0M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: 42YB's current net profit margins (12.6%) are lower than last year (28.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 42YB has become profitable over the past 5 years, growing earnings by 56.1% per year.
Accelerating Growth: 42YB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 42YB had negative earnings growth (-58.9%) over the past year, making it difficult to compare to the Banks industry average (27%).
Return on Equity
High ROE: 42YB's Return on Equity (4.4%) is considered low.