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Virgin Money UK (Virgin Money UK) Net Interest Income (for Banks) : $2,067 Mil (As of Sep. 2023)


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What is Virgin Money UK Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Virgin Money UK's net interest income for the six months ended in Sep. 2023 was $1,033 Mil. Its net interest income for the trailing twelve months (TTM) ended in Sep. 2023 was $2,067 Mil.

Virgin Money UK's quarterly net interest income increased from Sep. 2022 ($905 Mil) to Mar. 2023 ($1,034 Mil) but then declined from Mar. 2023 ($1,034 Mil) to Sep. 2023 ($1,033 Mil).

Virgin Money UK's annual net interest income declined from Sep. 2021 ($1,864 Mil) to Sep. 2022 ($1,785 Mil) but then increased from Sep. 2022 ($1,785 Mil) to Sep. 2023 ($2,088 Mil).


Virgin Money UK Net Interest Income (for Banks) Historical Data

The historical data trend for Virgin Money UK's Net Interest Income (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.

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Virgin Money UK Net Interest Income (for Banks) Chart

Virgin Money UK Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Interest Income (for Banks)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,873.76 1,661.92 1,864.01 1,784.82 2,087.87

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
Net Interest Income (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 976.65 1,023.72 904.87 1,033.98 1,033.42

Virgin Money UK Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2,067 Mil.

* 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.


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%.