Provident Financial warns on profits as households struggle
15th Jan 2019 07:49
(Sharecast News) - Provident Financial warned that full-year profits would be towards the lower end of market expectations due to "modestly higher than expected" impairments.
Read moreChris Sweeney stepping down from Provident's Vanquis Bank
1st Nov 2018 08:13
(Sharecast News) - Provident Financial announced on Thursday that the managing director of its credit card subsidiary Vanquis Bank, Chris Sweeney, was stepping down from his role and the Vanquis board, effective immediately.
Read moreProvident Financial's FCA authorisation 'critical', say analysts
22nd Oct 2018 13:28
(Sharecast News) - Provident Financial's sub-prime bank and auto finance arms are making progress and while its doorstep lending unit continues to offer some concerns for analysts, there was optimism that a recovery is underway.
Read moreMonday broker round-up
22nd Oct 2018 12:35
(Sharecast News) - British Land: Credit Suisse downgrades to underperform with a target price of 620p.
Read moreFriday broker round-up
19th Oct 2018 13:10
(Sharecast News) - IP Group: Berenberg reiterates buy with a target price of 160p.
Read moreProvident Financial Q3 good but home credit business still weak
19th Oct 2018 08:29
(Sharecast News) - FTSE 250 doorstep lender Provident Financial said on Friday that Vanquis and Moneybarn continued to trade well in the third quarter, but collections in the home credit business remained weak.
Read moreWednesday broker round-up
22nd Aug 2018 11:52
(Sharecast News) - Lancashire Holdings: Berenberg upgrades to hold with a target price of 600p.
Read moreProvident Financial not quite 'out of the woods', Berenberg says
22nd Aug 2018 10:36
(Sharecast News) - Analysts at Berenberg warned that although profits were recovering at Provident Financial, the firm was not yet "out of the woods".
Read moreTuesday broker round-up
31st Jul 2018 13:26
(Sharecast News) - Abcam: Berenberg upgrades to buy with a target price of 1,640p.
Read moreProvident Financial overhauls board with dividend revival in sight
31st Jul 2018 08:50
(Sharecast News) - Provident Financial announced a board overhaul and said it was on track to restore its dividend even after the troubled subprime lender's profit more than halved in the first half.
Read moreProvident Financial bang on the money through fourth quarter
17th Jan 2017 07:44
(ShareCast News) - With all its non-standard lending divisions trading well through the important fourth quarter Provident Financial said full year results would be in line with market expectations and that its funding position remained strong. Vanquis Bank, which offers credit cards to people who a
Read moreProvident Financial reports 'in-line' third quarter trading
14th Oct 2016 07:16
(ShareCast News) - Provident Financial´s performance during the third quarter was in-line with management´s own expectations, the company said in a statement. Credit quality at all three of its main units was described as "very sound", with the UK-focused lender confident of its ability to deliver "
Read moreSunday share tips: Provident Financial, Jimmy Choo
9th Oct 2016 16:22
(ShareCast News) - The top brass at Provident Financial did nicely for themselves in the wake of Brexit, picking up stock in the doorstep lender on the cheap. Chief Peter Crook, Vanquis bank president Chris Sweeney and corporate affairs boss Nick Boakes bought into the shares after they lost 26% of
Read moreThursday broker round-up
8th Sep 2016 14:03
(ShareCast News) - Tesco: JP Morgan reiterates underweight with a target price of 135p. G4S: Jefferies maintains underperform with a 160p target. Severn Trent: UBS keeps at neutral with a 2310p target. ITV: JP Morgan reiterates overweight with a 233p target. Babcock: Goldman Sachs keeps at buy wi
Read moreProvident Financial posts serious first-half improvement
26th Jul 2016 07:37
(ShareCast News) - Non-standard lender Provident Financial posted results for the six months to 30 June on Tuesday, with first-half adjusted profit before tax up 17.6% to £148.9m and adjusted earnings per share up 10.7% to 77.9p. The FTSE 100 firm said first-half statutory profit before tax improved
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