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Vanquis Banking Group Returns to Profitability with Strategic Growth and Technological Advancements

Story Highlights
  • Vanquis Banking Group returned to profitability with controlled costs and robust credit quality.
  • The company is advancing its technology transformation to enhance efficiency and reduce complaint costs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Vanquis Banking Group ( (GB:VANQ) ) has shared an update.

Vanquis Banking Group has returned to profitability in the first quarter of 2025, driven by controlled operating costs and robust credit quality. The company is progressing with its technology transformation program, Gateway, which is expected to enhance efficiency and scalability. The revised Financial Ombudsman Service fee structure has reduced unmerited claims, contributing to stable complaint costs. Vanquis continues to focus on sustainable growth and customer support, with new product launches and a steady increase in second charge mortgage balances.

The most recent analyst rating on (GB:VANQ) stock is a Buy with a £85.00 price target. To see the full list of analyst forecasts on Vanquis Banking Group stock, see the GB:VANQ Stock Forecast page.

Spark’s Take on GB:VANQ Stock

According to Spark, TipRanks’ AI Analyst, GB:VANQ is a Neutral.

Vanquis Banking Group’s stock score reflects a mixed financial performance with profitability challenges but improved cash flow. Technical indicators suggest positive momentum, albeit with caution due to overbought signals. Valuation concerns are tempered by a high dividend yield. Recent insider buying by the CFO adds a positive sentiment, indicating potential confidence in future performance.

To see Spark’s full report on GB:VANQ stock, click here.

More about Vanquis Banking Group

Vanquis Banking Group is a specialist bank in the UK, focusing on providing financial services such as credit cards, vehicle finance, and second charge mortgages. The company is committed to supporting its customers through innovative technology and strategic growth initiatives.

Average Trading Volume: 737,462

Technical Sentiment Signal: Sell

Current Market Cap: £177.8M

Find detailed analytics on VANQ stock on TipRanks’ Stock Analysis page.

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