Vanquis Banking Group (LSE:VANQ) delivered strong results for the third quarter of 2025, with gross customer interest-earning balances up 8% quarter-on-quarter and 18% year-on-year. The growth reflects solid operational execution and rising profitability. The group also issued £60 million in Additional Tier 1 Notes to strengthen its capital base and support future expansion. Through its Gateway technology platform, Vanquis continues to maintain sound credit quality and operational efficiency.
While the company recorded a £3.0 million provision for potential exposure to the FCA’s motor finance redress scheme, it expects only minimal impact given its non-involvement in discretionary commission arrangements. Despite some challenges to profitability, improved cash flow and a healthy dividend yield provide a balanced outlook. Technical indicators suggest positive market momentum, and recent insider buying by the CFO underscores confidence in the company’s prospects.
More about Vanquis Banking Group
Vanquis Banking Group is a UK-based specialist bank offering a range of financial services, including credit cards, vehicle finance, and second charge mortgages. The group focuses on sustainable, profitable growth and capital optimization, supported by ongoing investment in digital technology to enhance customer experience and operational resilience.
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