Vanquis Banking Group PLC (VANQ) - Net Assets
Based on the latest financial reports, Vanquis Banking Group PLC (VANQ) has net assets worth GBX487.30 Million GBX (≈ $59.29K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX3.94 Billion ≈ $479.59K USD) and total liabilities (GBX3.45 Billion ≈ $420.30K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Vanquis Banking Group PLC (VANQ) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX487.30 Million |
| % of Total Assets | 12.36% |
| Annual Growth Rate | 5.45% |
| 5-Year Change | -22.8% |
| 10-Year Change | -38.32% |
| Growth Volatility | 17.1 |
Vanquis Banking Group PLC - Net Assets Trend (1985–2025)
This chart illustrates how Vanquis Banking Group PLC's net assets have evolved over time, based on quarterly financial data. Check Vanquis Banking Group PLC tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Vanquis Banking Group PLC (1985–2025)
The table below shows the annual net assets of Vanquis Banking Group PLC from 1985 to 2025. For live valuation and market cap data, see VANQ market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX487.30 Million ≈ $59.29K |
+10.45% |
| 2024-12-31 | GBX441.20 Million ≈ $53.68K |
-24.34% |
| 2023-12-31 | GBX583.10 Million ≈ $70.95K |
-5.14% |
| 2022-12-31 | GBX614.70 Million ≈ $74.79K |
-2.61% |
| 2021-12-31 | GBX631.20 Million ≈ $76.80K |
-2.55% |
| 2020-12-31 | GBX647.70 Million ≈ $78.81K |
-11.19% |
| 2019-12-31 | GBX729.30 Million ≈ $88.73K |
-7.95% |
| 2018-12-31 | GBX792.30 Million ≈ $96.40K |
+48.07% |
| 2017-12-31 | GBX535.10 Million ≈ $65.11K |
-32.27% |
| 2016-12-31 | GBX790.10 Million ≈ $96.13K |
+11.64% |
| 2015-12-31 | GBX707.70 Million ≈ $86.11K |
+15.45% |
| 2014-12-31 | GBX613.00 Million ≈ $74.58K |
+47.07% |
| 2013-12-31 | GBX416.80 Million ≈ $50.71K |
+11.03% |
| 2012-12-31 | GBX375.40 Million ≈ $45.68K |
+15.08% |
| 2011-12-31 | GBX326.20 Million ≈ $39.69K |
+5.43% |
| 2010-12-31 | GBX309.40 Million ≈ $37.65K |
+15.28% |
| 2009-12-31 | GBX268.40 Million ≈ $32.66K |
-3.42% |
| 2008-12-31 | GBX277.90 Million ≈ $33.81K |
-6.08% |
| 2007-12-31 | GBX295.90 Million ≈ $36.00K |
-16.41% |
| 2006-12-31 | GBX354.00 Million ≈ $43.07K |
+11.53% |
| 2005-12-31 | GBX317.40 Million ≈ $38.62K |
-23.46% |
| 2004-12-31 | GBX414.70 Million ≈ $50.46K |
-7.64% |
| 2003-12-31 | GBX449.00 Million ≈ $54.63K |
+11.51% |
| 2002-12-31 | GBX402.67 Million ≈ $48.99K |
+35.79% |
| 2001-12-31 | GBX296.55 Million ≈ $36.08K |
+11.20% |
| 2000-12-31 | GBX266.69 Million ≈ $32.45K |
+2.96% |
| 1999-12-31 | GBX259.02 Million ≈ $31.51K |
+4.74% |
| 1998-12-31 | GBX247.30 Million ≈ $30.09K |
-14.95% |
| 1997-12-31 | GBX290.76 Million ≈ $35.38K |
+7.88% |
| 1996-12-31 | GBX269.53 Million ≈ $32.79K |
+16.13% |
| 1995-12-31 | GBX232.10 Million ≈ $28.24K |
+15.91% |
| 1994-12-31 | GBX200.24 Million ≈ $24.36K |
+13.46% |
| 1993-12-31 | GBX176.48 Million ≈ $21.47K |
+14.50% |
| 1992-12-31 | GBX154.13 Million ≈ $18.75K |
+12.47% |
| 1991-12-31 | GBX137.04 Million ≈ $16.67K |
+8.44% |
| 1990-12-31 | GBX126.37 Million ≈ $15.38K |
+7.41% |
| 1989-12-31 | GBX117.66 Million ≈ $14.32K |
+37.81% |
| 1988-12-31 | GBX85.38 Million ≈ $10.39K |
+14.77% |
| 1987-12-31 | GBX74.39 Million ≈ $9.05K |
+13.31% |
| 1986-12-31 | GBX65.65 Million ≈ $7.99K |
+12.45% |
| 1985-12-31 | GBX58.38 Million ≈ $7.10K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Vanquis Banking Group PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 134.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX90.00 Million | 18.47% |
| Common Stock | GBX53.20 Million | 10.92% |
| Other Comprehensive Income | GBX67.80 Million | 13.91% |
| Other Components | GBX276.30 Million | 56.70% |
| Total Equity | GBX487.30 Million | 100.00% |
Vanquis Banking Group PLC Competitors by Market Cap
The table below lists competitors of Vanquis Banking Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Begbies Traynor Group PLC
LSE:BEG
|
$2.37 Million |
|
RareX Limited
F:CK1
|
$2.37 Million |
|
Impex Ferro Tech Limited
NSE:IMPEXFERRO
|
$2.38 Million |
|
Ankit Metal & Power Limited
NSE:ANKITMETAL
|
$2.38 Million |
|
China SXT Pharmaceuticals Inc
NASDAQ:SXTC
|
$2.37 Million |
|
Quhuo Ltd
NASDAQ:QH
|
$2.37 Million |
|
Vast Renewables Limited Ordinary Shares
NASDAQ:VSTE
|
$2.37 Million |
|
GECI International SA
PA:ALGEC
|
$2.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vanquis Banking Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 441,200,000 to 487,300,000, a change of 46,100,000 (10.4%).
- Net income of 8,700,000 contributed positively to equity growth.
- Dividend payments of 500,000 reduced retained earnings.
- Share repurchases of 6,300,000 reduced equity.
- Other comprehensive income increased equity by 57,000,000.
- Other factors decreased equity by 12,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX8.70 Million | +1.79% |
| Dividends Paid | GBX500.00K | -0.1% |
| Share Repurchases | GBX6.30 Million | -1.29% |
| Other Comprehensive Income | GBX57.00 Million | +11.7% |
| Other Changes | GBX-12.80 Million | -2.63% |
| Total Change | GBX- | 10.45% |
Book Value vs Market Value Analysis
This analysis compares Vanquis Banking Group PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 42.59x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 224.91x to 42.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | GBX0.35 | GBX77.90 | x |
| 1986-12-31 | GBX0.43 | GBX77.90 | x |
| 1987-12-31 | GBX0.44 | GBX77.90 | x |
| 1988-12-31 | GBX0.50 | GBX77.90 | x |
| 1989-12-31 | GBX0.68 | GBX77.90 | x |
| 1990-12-31 | GBX0.73 | GBX77.90 | x |
| 1991-12-31 | GBX0.77 | GBX77.90 | x |
| 1992-12-31 | GBX0.86 | GBX77.90 | x |
| 1993-12-31 | GBX0.97 | GBX77.90 | x |
| 1994-12-31 | GBX1.10 | GBX77.90 | x |
| 1995-12-31 | GBX1.26 | GBX77.90 | x |
| 1996-12-31 | GBX1.46 | GBX77.90 | x |
| 1997-12-31 | GBX1.57 | GBX77.90 | x |
| 1998-12-31 | GBX1.37 | GBX77.90 | x |
| 1999-12-31 | GBX1.45 | GBX77.90 | x |
| 2000-12-31 | GBX1.57 | GBX77.90 | x |
| 2001-12-31 | GBX1.74 | GBX77.90 | x |
| 2002-12-31 | GBX2.41 | GBX77.90 | x |
| 2003-12-31 | GBX2.57 | GBX77.90 | x |
| 2004-12-31 | GBX2.38 | GBX77.90 | x |
| 2005-12-31 | GBX1.82 | GBX77.90 | x |
| 2006-12-31 | GBX2.03 | GBX77.90 | x |
| 2007-12-31 | GBX1.64 | GBX77.90 | x |
| 2008-12-31 | GBX1.56 | GBX77.90 | x |
| 2009-12-31 | GBX1.49 | GBX77.90 | x |
| 2010-12-31 | GBX1.71 | GBX77.90 | x |
| 2011-12-31 | GBX1.78 | GBX77.90 | x |
| 2012-12-31 | GBX2.01 | GBX77.90 | x |
| 2013-12-31 | GBX2.21 | GBX77.90 | x |
| 2014-12-31 | GBX3.18 | GBX77.90 | x |
| 2015-12-31 | GBX4.84 | GBX77.90 | x |
| 2016-12-31 | GBX3.96 | GBX77.90 | x |
| 2017-12-31 | GBX3.67 | GBX77.90 | x |
| 2018-12-31 | GBX2.93 | GBX77.90 | x |
| 2019-12-31 | GBX2.86 | GBX77.90 | x |
| 2020-12-31 | GBX2.55 | GBX77.90 | x |
| 2021-12-31 | GBX2.52 | GBX77.90 | x |
| 2022-12-31 | GBX2.42 | GBX77.90 | x |
| 2023-12-31 | GBX2.30 | GBX77.90 | x |
| 2024-12-31 | GBX1.73 | GBX77.90 | x |
| 2025-12-31 | GBX1.83 | GBX77.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vanquis Banking Group PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.44%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 8.09x
- Recent ROE (1.79%) is below the historical average (23.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 23.16% | 7.29% | 0.60x | 5.31x | GBX7.67 Million |
| 1986 | 21.99% | 6.93% | 0.63x | 5.01x | GBX7.87 Million |
| 1987 | 23.91% | 8.22% | 0.63x | 4.59x | GBX10.35 Million |
| 1988 | 21.74% | 8.03% | 0.64x | 4.23x | GBX10.03 Million |
| 1989 | 29.98% | 12.33% | 0.63x | 3.87x | GBX23.51 Million |
| 1990 | 19.29% | 7.68% | 0.62x | 4.02x | GBX11.74 Million |
| 1991 | 17.61% | 6.71% | 0.67x | 3.90x | GBX10.43 Million |
| 1992 | 18.24% | 7.57% | 0.69x | 3.51x | GBX12.71 Million |
| 1993 | 23.74% | 10.48% | 0.62x | 3.63x | GBX24.25 Million |
| 1994 | 27.15% | 12.21% | 0.60x | 3.73x | GBX34.35 Million |
| 1995 | 29.20% | 15.11% | 0.54x | 3.56x | GBX44.55 Million |
| 1996 | 29.46% | 18.48% | 0.50x | 3.16x | GBX52.46 Million |
| 1997 | 32.16% | 21.05% | 0.48x | 3.15x | GBX64.43 Million |
| 1998 | 42.37% | 20.71% | 0.52x | 3.94x | GBX80.05 Million |
| 1999 | 43.09% | 19.16% | 0.55x | 4.05x | GBX85.71 Million |
| 2000 | 44.10% | 16.16% | 0.59x | 4.62x | GBX90.94 Million |
| 2001 | 41.75% | 14.86% | 0.58x | 4.82x | GBX94.16 Million |
| 2002 | 29.45% | 13.55% | 0.48x | 4.56x | GBX78.32 Million |
| 2003 | 31.43% | 12.44% | 0.58x | 4.38x | GBX96.20 Million |
| 2004 | 34.82% | 11.35% | 0.62x | 4.97x | GBX102.93 Million |
| 2006 | 35.28% | 19.08% | 0.34x | 5.40x | GBX89.50 Million |
| 2007 | 46.77% | 20.68% | 0.62x | 3.63x | GBX108.81 Million |
| 2008 | 33.14% | 12.26% | 0.61x | 4.41x | GBX64.31 Million |
| 2009 | 33.01% | 10.86% | 0.64x | 4.75x | GBX61.76 Million |
| 2010 | 32.81% | 11.72% | 0.63x | 4.46x | GBX70.56 Million |
| 2011 | 36.73% | 14.24% | 0.57x | 4.53x | GBX87.18 Million |
| 2012 | 38.89% | 16.13% | 0.54x | 4.49x | GBX108.46 Million |
| 2013 | 33.83% | 14.05% | 0.55x | 4.34x | GBX99.32 Million |
| 2014 | 28.65% | 17.59% | 0.44x | 3.68x | GBX114.30 Million |
| 2015 | 30.83% | 21.12% | 0.42x | 3.49x | GBX147.43 Million |
| 2016 | 33.27% | 23.87% | 0.39x | 3.58x | GBX183.89 Million |
| 2017 | -25.12% | -12.01% | 0.38x | 5.54x | GBX-187.91 Million |
| 2018 | 9.28% | 10.51% | 0.21x | 4.29x | GBX-5.03 Million |
| 2019 | 10.48% | 13.18% | 0.20x | 3.99x | GBX3.47 Million |
| 2020 | -12.88% | -13.55% | 0.20x | 4.75x | GBX-148.17 Million |
| 2021 | -5.09% | -6.00% | 0.20x | 4.32x | GBX-95.22 Million |
| 2022 | 12.59% | 14.35% | 0.20x | 4.33x | GBX15.93 Million |
| 2023 | -1.03% | -1.00% | 0.19x | 5.50x | GBX-64.31 Million |
| 2024 | -27.04% | -26.02% | 0.14x | 7.65x | GBX-163.42 Million |
| 2025 | 1.79% | 1.44% | 0.15x | 8.09x | GBX-40.03 Million |
Industry Comparison
This section compares Vanquis Banking Group PLC's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $186,293,789,991
- Average return on equity (ROE) among peers: 12.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vanquis Banking Group PLC (VANQ) | GBX487.30 Million | 23.16% | 7.09x | $2.37 Million |
| Arbuthnot Banking Group Plc (ARBB) | $15.09 Million | 43.89% | 6.76x | $1.65 Million |
| Axis Bank Ltd GDR (AXB) | $1.58 Trillion | 16.75% | 8.64x | $393.60 Million |
| Lion Finance Group PLC (BGEO) | $2.73 Billion | 16.02% | 4.55x | $61.49 Million |
| Close Brothers Group plc (CBG) | $208.40 Million | 22.19% | 6.89x | $7.80 Million |
| Halyk Bank of Kazakhstan Joint Stock Company (HSBK) | $190.80 Billion | 7.65% | 7.65x | $6.48 Billion |
| Lloyds Banking Group PLC (LLOY) | $50.20 Billion | 8.78% | 14.89x | $821.13 Million |
| Manx Financial Group Plc (MFX) | $9.98 Million | 15.92% | 10.97x | $366.51K |
| Metro Bank PLC (MTRO) | $400.57 Million | -11.59% | 3.72x | $14.50 Million |
| Nationwide Building Society (NBS) | $8.91 Billion | 6.16% | 20.33x | $1.19 Billion |
| NatWest Group PLC (NWG) | $34.44 Billion | 0.07% | 0.00x | $683.23 Million |
About Vanquis Banking Group PLC
Vanquis Banking Group plc engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland. The company offers credit cards, saving account, vehicle finance, loans, and mortgages. It also operates Snoop, a fintech app, that uses open banking to help users save money and manage their finances. Vanquis Banking Group plc was fo… Read more