Provident Financial

Established in 1880, Provident Financial is one of the UK’s leading suppliers of personal credit products to the non-standard lending market. We serve over 2.5 million customers through our online businesses: Satsuma and glo and through Provident, our home credit business. Take a look at our careers tab above for all the latest news and vacancies in Provident's Consumer Credit Division. With over 1000 colleagues at our Bradford head office, we have a number of specialist departments that are regularly recruiting due to business growth.

Company Growth (employees)
Bradford, GB
Size (employees)
3,261 (est)-1%
Provident Financial was founded in 1880 and is headquartered in Bradford, GB

Provident Financial Office Locations

Provident Financial has offices in Bradford and London
Bradford, GB (HQ)
1 Godwin St

Provident Financial Data and Metrics

Provident Financial Financial Metrics

Provident Financial's revenue was reported to be $90.4 m in Q1, 2017

Revenue (Q1, 2017)

90.4 m

Gross profit (Q1, 2017)

79.5 m

Gross profit margin (Q1, 2017), %


Net income (Q1, 2017)

23.5 m

EBIT (Q1, 2017)

65.5 m

Market capitalization (24-Jul-2017)

3.3 b

Closing share price (24-Jul-2017)


Cash (31-Mar-2017)

158.1 m
Provident Financial's current market capitalization is £3.3 b.
GBPFY, 2013FY, 2014FY, 2015FY, 2016


1.1 b1.1 b1.1 b1.2 b

Revenue growth, %


Cost of goods sold

41.9 m43.7 m

Gross profit

1.1 b1.1 b

Gross profit Margin, %



245.5 m253.2 m

EBIT margin, %


Pre tax profit

182.4 m224.6 m120.2 m124.8 m

Net Income

141 m175.6 m83.7 m87.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017


89.1 m85.1 m87 m88.6 m90.1 m90.4 m

Cost of goods sold

10.5 m10.5 m10.9 m10.9 m11.1 m10.9 m

Gross profit

78.6 m74.7 m76.1 m77.7 m79 m79.5 m

Gross profit Margin, %



60.6 m61.1 m61.6 m62.2 m64 m65.5 m

EBIT margin, %


Pre tax profit

31.4 m29.6 m29.7 m30.1 m32.2 m31.9 m

Net Income

16.4 m19 m19.8 m41.6 m62.2 m21 m42.3 m65.2 m23.5 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016


119 m145.9 m153.4 m144.3 m

Accounts Receivable

100 k100 k100 k100 k


7 b

Current Assets

1.7 b1.9 b2 b2.3 b


135.2 m239 m309.8 m410.3 m


8.1 m155.5 m156.4 m149.3 m

Total Assets

1.8 b2.3 b2.5 b9.5 b

Accounts Payable

4.5 m3.3 m2.1 m6.6 b

Current Liabilities

223.3 m270 m402.2 m491 m

Total Liabilities

1.4 b1.6 b1.8 b8.2 b

Additional Paid-in Capital

1 b1 b

Retained Earnings

32.6 m52.2 m69.3 m550.8 m

Total Equity

416.8 m613 m707.7 m1.3 b

Financial Leverage

4.3 x3.7 x3.5 x7.6 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017


104.7 m128.4 m108.1 m117.5 m159.7 m158.1 m


6.3 b6.4 b6.6 b6.8 b6.9 b7 b

Total Assets

8.8 b8.9 b9 b9.2 b9.4 b9.5 b

Accounts Payable

5.8 b5.8 b6.2 b6.2 b6.5 b6.5 b

Additional Paid-in Capital

998.1 m999.2 m1 b1 b1 b1 b

Retained Earnings

485.6 m495.7 m517.4 m526.8 m538.4 m561.6 m

Total Equity

1.2 b1.2 b1.2 b1.2 b1.2 b1.3 b

Financial Leverage

7.5 x7.5 x7.4 x7.5 x7.5 x7.5 x
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

70.5 m73.6 m83.7 m87.8 m

Depreciation and Amortization

4.1 m3.4 m

Accounts Receivable

23 m25.2 m

Cash From Operating Activities

74.2 m104.3 m81.5 m127.3 m

Purchases of PP&E

(95.3 m)(28.6 m)

Cash From Investing Activities

(408.7 m)(580.8 m)

Cash From Financing Activities

(25.4 m)59.4 m(57.3 m)495.6 m

Income Taxes Paid

(41.4 m)(49 m)(55.4 m)33.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

16.4 m19 m19.8 m41.6 m62.2 m21 m42.3 m65.2 m23.5 m

Depreciation and Amortization

1.1 m1 m1 m856 k767 k752 k

Accounts Receivable

25.6 m24.2 m24.5 m289 k

Cash From Operating Activities

52.1 m85.9 m27.8 m57 m84.5 m24.4 m

Purchases of PP&E

(49.8 m)(76.5 m)(28.6 m)(28.6 m)(28.6 m)

Cash From Investing Activities

(230.4 m)(317 m)(106.2 m)(287.6 m)(415.1 m)(5.7 m)

Cash From Financing Activities

179.3 m255.7 m84.3 m245.9 m388.1 m(4.9 m)

Income Taxes Paid

18.4 m30.2 m3.1 m15.7 m25.5 m105 k
USDY, 2017


27.3 k

Financial Leverage

7.5 x

Provident Financial Operating Metrics

Provident Financial's Customers was reported to be 2.5 m in H1, 2017
H1, 2014FY, 2014H1, 2015FY, 2015H1, 2016FY, 2016H1, 2017


2.5 m2.4 m2.4 m2.4 m2.4 m2.4 m2.5 m

Customers (Vanquis Bank)

1.18 m1.29 k1.36 m1.42 m1.45 m1.55 m1.65 m

Customers (CCD)

1.25 m1.07 m1.01 m948 k875 k862 k801 k

Customers (Moneybarn)

18 k22 k26 k31 k36 k41 k46 k


7.7 k5.5 k

New Customer Bookings

430 k433 k406 k234 k

    Provident Financial Market Value History

    Provident Financial Revenue Breakdown

    Traffic Overview of Provident Financial

    Provident Financial Online and Social Media Presence

    Provident Financial News and Updates

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    Provident Financial Company Life and Culture

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