Q1 Results In Line With Guidance

From RTT News:

Virgin Money UK PLC reported a 2.2% decline in mortgages to 57.1 billion pounds and a 1.7% increase in deposits to 67.3 billion pounds for the first quarter. Net Interest Margin was at 189bps and the Group expects NIM to remain resilient with fiscal 2024 NIM guidance unchanged at 190-195bps. The company aims to deliver double-digit statutory returns for shareholders. Contact [email protected] for more information.



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