Virgin Money UK PLC
LSE:VMUK
ROE
Return on Equity
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
ROE Across Competitors
| Country | Company | Market Cap | ROE | ||
|---|---|---|---|---|---|
| UK |
|
Virgin Money UK PLC
LSE:VMUK
|
2.8B GBP |
4%
|
|
| US |
|
JPMorgan Chase & Co
NYSE:JPM
|
761.4B USD |
17%
|
|
| ZA |
A
|
Absa Bank Ltd
JSE:ABSP
|
427.9B Zac |
11%
|
|
| ZA |
C
|
Capitec Bank Holdings Ltd
JSE:CPI
|
398B Zac |
30%
|
|
| ZA |
S
|
Standard Bank Group Ltd
JSE:SBK
|
373.9B Zac |
16%
|
|
| CN |
|
Industrial and Commercial Bank of China Ltd
SSE:601398
|
2.6T CNY |
9%
|
|
| US |
|
Bank of America Corp
NYSE:BAC
|
340.7B USD |
2%
|
|
| CN |
|
Agricultural Bank of China Ltd
SSE:601288
|
2T CNY |
9%
|
|
| US |
|
Wells Fargo & Co
NYSE:WFC
|
243.8B USD |
10%
|
|
| CN |
|
Bank of China Ltd
SSE:601988
|
1.6T CNY |
8%
|
|
| CN |
|
China Construction Bank Corp
SSE:601939
|
1.5T CNY |
10%
|
Virgin Money UK PLC
Glance View
Virgin Money UK PLC, born from a lineage of transformative mergers and acquisitions, weaves a compelling story within the tapestry of British banking. It was in 1995, amidst the turbulence and opportunities of the financial sector, that the seeds for Virgin Money were sown. The company, driven by the iconic Virgin brand's daring spirit, took a significant leap forward in 2018 when it merged with CYBG, the holding company for Clydesdale Bank, Yorkshire Bank, and the digital bank B. This merger marked not only a fusion of storied regional heritage and contemporary branding but also solidified its standing as a prominent competitor within the UK financial services landscape. At its core, Virgin Money UK PLC operates with a business model that blends traditional banking services with a customer-centric digital approach. The company generates revenue primarily through interest earned on loans and mortgages, complemented by fees on a range of financial products designed for individual and business clients. Its retail division extends a suite of banking services—current accounts, savings, and credit products—while its commercial banking segment caters to a variety of businesses with lending, treasury, and trade services. By leveraging its innovative digital platform and a dedication to customer experience, Virgin Money combines the agility of fintech with the stability of a long-established banking institution, forging a path that seeks to redefine the banking experience for its clientele.
See Also
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
Based on Virgin Money UK PLC's most recent financial statements, the company has ROE of 4.4%.
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