Vanquis Banking Group Income Statement

Financials in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest and Dividend Income	567.2	565.4	556	491.5	473.9
Total Interest Expense	148.8	145.4	113.4	58.8	53
Net Interest Income	418.4	420	442.6	432.7	420.9
Commissions and Fees	38.3	38.3	44.2	47	60.3
Other Revenue	0.7	2.1	3.7	3.8	0.4
Revenue Before Loan Losses	457.4	460.4	490.5	483.5	481.6
Provision for Loan Losses	181.1	191	165.5	66.1	50.4
Revenue	276.3	269.4	325	417.4	431.2
Revenue Growth (YoY)	2.56%	-17.11%	-22.14%	-3.20%	77.52%
Cost of Services Provided	268	385.1	317.8	298.3	270.9
Total Operating Expenses	268	385.1	317.8	298.3	270.9
Operating Income	8.3	-115.7	7.2	119.1	160.3
EBT Excluding Unusual Items	8.3	-115.7	7.2	119.1	160.3
Restructuring Charges	-	-14.1	-10.7	-5.3	-11.5
Other Unusual Items	-	-1.3	-1.4	-3.7	-6.6
Pretax Income	8.3	-136.3	-12	110.1	142.2
Income Tax Expense	0.3	-17	-0.3	27.8	7.6
Earnings From Continuing Ops.	8	-119.3	-11.7	82.3	134.6
Earnings From Discontinued Ops.	0.7	-	-	-4.9	-166.7
Net Income to Company	8.7	-119.3	-11.7	77.4	-32.1
Minority Interest in Earnings	-0.5	-	-	-	-
Net Income	8.2	-119.3	-11.7	77.4	-32.1
Net Income to Common	8.2	-119.3	-11.7	77.4	-32.1
Shares Outstanding (Basic)	254	256	253	251	251
Shares Outstanding (Diluted)	266	256	253	254	252
Shares Change (YoY)	4.27%	0.99%	-0.28%	0.68%	-0.63%
EPS (Basic)	0.03	-0.47	-0.05	0.31	-0.13
EPS (Diluted)	0.03	-0.47	-0.05	0.30	-0.13
Free Cash Flow	89.7	438	581.4	-208.5	161.8
Free Cash Flow Per Share	0.34	1.71	2.30	-0.82	0.64
Dividend Per Share	-	-	0.060	0.153	0.120
Dividend Growth	-	-	-60.78%	27.50%	-
Operating Margin	3.00%	-42.95%	2.21%	28.53%	37.18%
Profit Margin	2.97%	-44.28%	-3.60%	18.54%	-7.44%
Free Cash Flow Margin	32.46%	162.58%	178.89%	-49.95%	37.52%
Effective Tax Rate	3.61%	-	-	25.25%	5.34%

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.