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Virgin Money UK (Virgin Money UK) Other Noninterest Expense : $1,229 Mil (As of Sep. 2023)


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What is Virgin Money UK Other Noninterest Expense?

Virgin Money UK's other noninterest expense for the six months ended in Sep. 2023 was $613 Mil. Its other noninterest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $1,229 Mil.


Virgin Money UK Other Noninterest Expense Historical Data

The historical data trend for Virgin Money UK's Other Noninterest Expense 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 Noninterest Expense Chart

Virgin Money UK Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Other Noninterest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 978.96 1,522.02 692.31 898.08 1,241.34

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 Noninterest Expense 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 149.73 516.47 454.13 616.50 612.62

Virgin Money UK Other Noninterest Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For banks, GuruFocus lists Selling, General, & Admin. Expense and Other Noninterest Expense under the Total Noninterest Expense section.

Other Noninterest Expense incurred by banks sometimes includes:
Occupancy
Equipment
Professional fees
Amortization of intangibles
Other (too numerous to list)

Some banks can do choose to report each of these items separately. Yet, there are a variety of other noninterest expense which are simply too numerous to list.

Other Noninterest Expense 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 $1,229 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%.

Virgin Money UK (Virgin Money UK) Headlines

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