Vanquis Banking Group plc (VANQ.L)
Vanquis Banking Group provides specialist credit cards and personal loans to UK customers who might struggle with traditional high-street banks.
Is Vanquis Banking Group plc a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Shares trade at a steep discount to net asset value. Worth weighing: Recent revenue and earnings are shrinking year-on-year. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.
Over about 2 years to 2026-07-31. This is the share price only; any dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has Vanquis Banking Group plc actually fallen?
Over the last 2 years of daily prices, Vanquis Banking Group plc fell as much as −40% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.
Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
Successful repositioning as a stable specialist lender.
Persistent regulatory pressures and sustained high loan defaults.
What does Vanquis Banking Group plc do?
Operating in the niche lending space alongside competitors like Non-Standard Finance, this group makes its money by charging interest and fees on loans and cards tailored for people with trickier credit histories. Shrinking revenues and falling earnings show that the business is currently navigating a bumpy patch. A key watch-point is whether management can steady the ship and return to growth while keeping a tight grip on problem loans.
On our factor screen it looks strongest on value and growth, and weakest on momentum.
- !Pays no dividend - the whole return rides on the share price
- !Revenue slipped about 6% over the year
- !Thin profits - turns only about 3% of sales into profit
- !Carries a lot of debt - roughly 7.8x its equity
- Shares trade at a steep discount to net asset value
- Forward earnings multiple is notably low
- Established footprint in specialist lending
- Quality screens low (13/100)
- Growth screens low (14/100)
- Momentum screens low (3/100)
- Income screens low (9/100)
- Higher than average customer default rates
What do Vanquis Banking Group plc's numbers mean?
Does Vanquis Banking Group plc pay a dividend?
No - Vanquis Banking Group plc doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.
When does Vanquis Banking Group plc report earnings, and how did recent quarters go?
Vanquis Banking Group plc is next scheduled to report on about 2027-02-25 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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What are the scenarios for Vanquis Banking Group plc?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Vanquis Banking Group plc?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Shares trade at a steep discount to net asset value
- Forward earnings multiple is notably low
- Established footprint in specialist lending
- Recent revenue and earnings are shrinking year-on-year
- No current dividend income for investors
- Low return on equity: How much profit the company makes for each £1 shareholders have put in. Higher usually means a more efficient business. highlights weak profitability
- Higher than average customer default rates
- Strict UK regulation around credit card and loan pricing
- Negative 12-month share price momentum
The write-up's own warning lights — if these start happening, the case above changes.
- A return to meaningful earnings growth
- Significant shifts in bad debt provisions
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.