PCF Group Plc

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Market Cap:
£63.8 m
52 weeks high
52 weeks low

Viewing results 1-25 of 73


PCF appoints former Virgin Money executive to its board

Marian Martin has joined PCF as a non-executive director with immediate effect...

3 weeks, 4 days ago

Lender PCF keeps up pace of new business and profit growth

Chief executive Scott Maybury said the bank had set ambitious targets and was “on track to deliver these ahead of schedule”...

on 5/6/19

PCF Group growth story continues

"Following continued strong organic growth, in addition to the previously announced strategic diversifications, our previous lending portfolio target of £350m will be delivered ahead of schedule," Scott Maybury, the group's CEO, will tell shareholders at today's AGM...

on 8/3/19

PCF Group raises £10mln from share placing to support next phase of growth

Panmure Gordon and Stockdale conditionally placed a total of 33,333,333 PCF shares at an issue price of 30p each to raise net proceeds of approximately £9.5mln after fees and expenses...

on 20/2/19

PCF Group hikes dividend after delivering record profits in first full year as a bank

We look forward to the year ahead with confidence in the bank's ability to deliver profitable and sustainable growth for our shareholders,” chairman Tim Franklin said...

on 5/12/18

PCF continues to grow since launching bank as it sets itself apart from competition

“I think we’re a different generation of bank that is a lot quicker on our feet, a lot quicker at reacting to what customers want and are a lot more attractive to the savings market,” PCF boss Scott Maybury said...

on 5/12/18

PCF reports sharp rise in lending portfolio and new business in first full year as a bank

"A diversified banking model is proving a great strength and our first full year as a bank has been extremely encouraging,” said chief executive Scott Maybury...

on 22/10/18

PCF to buy UK specialist finance provider Azule for up to £5.6mln

PCF said the acquisition of Azule will immediately enhance earnings ...

on 8/10/18

PCF Group strategy on track as new banking platform boosts profits

PCF has taken on more than 2,400 new customers and retail deposits have increased to £108mln since it started as a fully-operational bank in July 2017....

on 23/8/18

PCF Group - Interim results to end of March '18

The group announced interim results on the May 23, reporting significant progress across the business as it builds scale while at the same delivering credible financial and operational performance. These results were achieved despite the twin constraints of upfront capital investment and equity capital raised previously,......

on 30/5/18

PCF Group expects profit growth to accelerate thanks to operational gearing

The net interest margin (NIM) edged up to 8.4% at the halfway stage from 8.3% last year. "We have seen competitive pressure on margins in both our divisions and we expect our NIM to fall in time, as the prime portfolio forms a larger part of our total lending portfolio," PCF said....

on 23/5/18

PCF Group - Funding Update

PCF Group ( LON:PCF) has announced that deposit funding from retail investors, which only started in July 2017, has increased substantially again and now exceeds £100m. This compares to previous announcements of £53m at the end of September ‘17, and £81m at the end of February ’18. We estimate that compared to the last......

on 17/4/18

PCF Group's retail bank hits £100mln retail deposits milestone sooner than expected

For PCF, the growing amount of retail deposits allows it to continue to replace more expensive wholesale bank debt, support its growth strategy and allow it to scale the lending portfolio more rapidly...

on 16/4/18

PCF Group reveals strong current trading, in line with management expectations

PCF's chief executive, Scott Maybury, said that “new business originations in the five-month period to 28 February 2018 were 93% ahead of the comparative period last year at £54.5mln"...

on 2/3/18

PCF Group - Forecast Update

Following the release of the 2017 full year results for the financial year to end September 2017 on the 5th December 2017, and ahead of the release of the 2017 annual report due on the 6th February 2018, we have updated our forecasts for profit and earnings for the period 2018e to 2020e. ...

on 29/1/18

PCF Group PLC - Final Results 2017

PCF Group Plc (LON:PCF) announced full year results to the end of September 2017, on the 5th December. The newly established specialist bank, which only received UK regulatory approval to accept retail deposits in July, has delivered a strong set of results, exceeding market expectations and beating our forecast for......

on 12/12/17