CYBG PLC Shs Chess Dep Int

(CYBBF)

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Profile

CYBG PLC The stand-alone Clydesdale Group is in a good position following the restructuring and recapitalisation process. In the years leading up to the demerger, Clydesdale has wound down its troublesome commercial real estate loan portfolio, resulting in a much higher-quality loan book. The loan book has been reshaped, with mortgages now accounting for approx 74% of total loans, retail unsecured loans approx 5%, and business loans approx 22%. Operating conditions are also improving, resulting in an upturn in the earnings outlook after several years of disappointment. The proposed merger with Virgin Money provides attractive earnings upside, but integration and rebranding risks persist.

Contact Information

Website: www.cybg.com
Main Phone: +44 1412424533
Address: 30 St. Vincent Place
Address 2: 40 St Vincent Place
City / Town: Glasgow
Country: GBR
Postal Code: G1 2HL

Issuer Information

Exchange: GREY
CEO: David Duffy
Employees: 6461


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Profile

CYBG PLC The stand-alone Clydesdale Group is in a good position following the restructuring and recapitalisation process. In the years leading up to the demerger, Clydesdale has wound down its troublesome commercial real estate loan portfolio, resulting in a much higher-quality loan book. The loan book has been reshaped, with mortgages now accounting for approx 74% of total loans, retail unsecured loans approx 5%, and business loans approx 22%. Operating conditions are also improving, resulting in an upturn in the earnings outlook after several years of disappointment. The proposed merger with Virgin Money provides attractive earnings upside, but integration and rebranding risks persist.

Contact Information

Website: www.cybg.com
Main Phone: +44 1412424533
Address: 30 St. Vincent Place
Address 2: 40 St Vincent Place
City / Town: Glasgow
Country: GBR
Postal Code: G1 2HL

Issuer Information

Exchange: GREY
CEO: David Duffy
Employees: 6461
$ 4.03 $ 0. (0.00%)
Last Price 4.03 Change $ 0. Change % 0.00 Tick N/A
Bid N/A Bid Size N/A Ask N/A Ask Size N/A
Open N/A High N/A Low N/A Prev Close 4.03
Last Trade Volume 0 52 Wk Hi 4.50 52 Wk Low 4.00
Market Cap 5.8 bi Ex-Div Date N/A Div Rate N/A Yield N/A
Shares 1,428,658,877.00 EPS (TTM) -0.26 PE Ratio N/A Exchange Greys