UK 15:18 Thursday, 29 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Vanquis Banking Group (VANQ) has issued a “3rd Quarter Trading Statement” with highlights including “Gross customer interest-earning balances increased by 5% in 3Q26 to over £3.2bn… Year-to-date net interest margin remained strong at 14.8% (risky borrowers then!)… expects to deliver improved profitability in both 2027 and 2028”. Er, what about this year it’s a trading statement for though?
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