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Provident Financial

Current Price 196.00p Bid 186.10p Ask 500.00p Change 4.31%
Last Updated: 30/05/2020 14:02. Prices delayed by at least 15 minutes.
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Company Overview

Provident Financial's core business is lending small sums of credit to poorer sections of the UK population. The demerger of its international home credit business was completed in July 2007. It now trades independently as International Personal Finance. In addition, the firm has sold its motor insurance business, Provident Insurance, to a subsidiary of GMAC Insurance Holdings.

Financial Highlights Year Ended 31/12/2019

Revenue
£998.30m
Operating Profit/Loss
£200.80m
Dividend yield (%)
2.00
Total dividend for year
n/ap
Dividend cover
5.26
P/E Ratio
9.70

Key Personnel

Mr Patrick J R Snowball
Chairman
Mr Malcolm Le May
Group Chief Executive
Mr Elizabeth G Chambers
Independent Non-Executive Director
Mr Graham Lindsay
Independent Non-Executive Director
Mr Paul Hewitt
Independent Non-Executive Director
Mr Robert East
Independent Non-Executive Director
Ms Angela Ann Knight
Independent Non-Executive Director
Mr Neeraj Kapur
Non-Executive Director
Mrs Andrea Blance
Senior Independent Director

Stock Details

EPIC
PFG
ISIN
GB00B1Z4ST84
Shares in Issue
253.62m
Market cap
£497.09m
Sector

Analyst Views (2)

Strong Buy
 
0%
Buy
 
50.00%
Hold
 
0%
Sell
 
50.00%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
196.00p
Bid Price
186.10p
Ask Price
500.00p
Volume
1,349,178
Change Today
8.10p
% Change Today
4.31%
Open
188.50p
Previous Close
196.00p
Intraday High
205.60p
Intraday Low
188.30p
52 Week High
520.00p
52 Week Low
144.20p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Continuing Operations
Revenue
998.30
1,091.40
Operating Profit/Loss
200.80
189.00
Net Interest
-72.00
-91.70
Pre-Tax Profit
128.80
97.30
Profit After Tax from continuing operations
84.40
65.30
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
84.40
65.30
Attributable to:
Equity Holders of Parent Company
84.40
65.30
Minority Interests
n/a
n/a
Total Dividend Paid
n/ap
10.0000p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2019
31 Dec 2018
Basic
33.30p
27.30p
Diluted
33.10p
27.20p
Adjusted
47.30p
48.70p
Dividend per Share
n/ap
10.0000p

Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
86.40
24.60
Intangible Assets
115.30
126.20
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
521.30
481.70
Current Assets
Inventories
n/a
n/a
Trade & Other Receivables
1,827.60
1,869.00
Cash at Bank & In Hand
353.60
387.90
Current Asset Investments
16.60
47.80
Other Current Assets
n/a
n/a
Other Assets
n/a
n/a
Total Assets
2,920.80
2,937.20

Liabilities

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Current Liabilities
Borrowings
473.70
389.10
Other Current Liabilities
138.50
169.60
Total Current Liabilities
612.20
558.70
Non-Current Liabilities
Borrowings
1,568.10
1,666.40
Provisions
n/a
n/a
Other Non-Current Liabilities
n/a
n/a
Total Non-Current Liabilities
1,568.10
1,666.40
Other Liabilities
n/a
n/a
Total Liabilities
2,180.30
2,225.10

Net Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Net Assets
740.50
712.10

Capital & Reserves

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Share Capital
52.50
52.50
Share Premium Account
273.20
273.20
Other Reserves
295.90
292.10
Retained Earnings
118.90
94.30
Shareholders Funds
740.50
712.10
Minority Interests/Other Equity
n/a
n/a
Total Equity
740.50
712.10

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
15 Aug 2019
26 Sep 2019
9.00p
Final
23 May 2019
21 Jun 2019
10.00p
Final
18 May 2017
23 Jun 2017
91.40p
Interim
27 Oct 2016
25 Nov 2016
43.20p
Final
19 May 2016
24 Jun 2016
80.90p
Interim
29 Oct 2015
27 Nov 2015
39.20p

Dividend Metrics

Year End Date
31 Dec 2019
31 Dec 2018
Dividend growth
-10.00%
n/a%
Dividend yield
2.00%
1.70%
Dividend cover
5.26
4.87
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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