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Virgin Money UK (Virgin Money UK) Other Assets for Banks : $8,339 Mil (As of Sep. 2023)


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What is Virgin Money UK Other Assets for Banks?

Virgin Money UK's quarterly other assets (bank) increased from Sep. 2022 ($6,557 Mil) to Mar. 2023 ($7,983 Mil) and increased from Mar. 2023 ($7,983 Mil) to Sep. 2023 ($8,339 Mil).

Virgin Money UK's annual other assets (bank) declined from Sep. 2021 ($7,937 Mil) to Sep. 2022 ($6,557 Mil) but then increased from Sep. 2022 ($6,557 Mil) to Sep. 2023 ($8,339 Mil).


Virgin Money UK Other Assets for Banks Historical Data

The historical data trend for Virgin Money UK's Other Assets for Banks can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Virgin Money UK Other Assets for Banks Chart

Virgin Money UK Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Other Assets for Banks
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,285.89 9,152.85 7,936.81 6,557.19 8,339.11

Virgin Money UK Semi-Annual Data
Sep13 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Other Assets for Banks Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,936.81 7,370.23 6,557.19 7,983.01 8,339.11

Virgin Money UK Other Assets for Banks Calculation

Banks frequently group a variety of accounts as other assets on their balance sheets. Banks must report several of these accounts, such as investment in unconsolidated subsidiaries, customer liability on outstanding acceptances, and intangible assets as separate line items on Call Reports.


Virgin Money UK (Virgin Money UK) Business Description

Address
177 Bothwell Street, Glasgow, GBR, G2 7ER
Virgin Money UK was formed through the merger between CYBG PLC and Virgin Money. After being divested by National Australia Bank in 2016, CYBG went through a restructuring and recapitalization process, with mortgages accounting for around 75% of its loan book. Following CYBG's merger with Virgin Money, the loan book has been reshaped again, with mortgages now accounting for 79% of total loans, personal loans around 9%, and SME and business loans around 12%.

Virgin Money UK (Virgin Money UK) Headlines