Virgin Money UK Competitors and Similar CompaniesClear all
Virgin Money UK's competitors and similar companies include NatWest Group, Lloyds Banking Group, Barclays and HSBC.
 Virgin Money UK Virgin Money UK (formerly CYBG) is a company providing personal and business banking services. |  NatWest Group NatWest Group (formerly known as The Royal Bank of Scotland Group, RBSG) is a banking and financial services company. |  Lloyds Banking Group Lloyds Banking Group is a provider of financial services to individual and business customers. | |||
Founding Date | Founding Date 2015 | Founding Date 1968 | Founding Date 1865 | Founding Date 1690 | Founding Date 1865 |
Type | Type Private | Type Public | Type Public | Type Public | Type Public |
Tags | |||||
Locations | Locations Glasgow, GB HQ Greater London, GB Newcastle Upon Tyne, GB | Locations Edinburgh, GB HQ Paris, FR Frankfurt Am Main, DE Hong Kong, HK Bengaluru, IN Chennai, IN Chennai, IN see more | Locations London, GB HQ Frankfurt Am Main, DE Guernsey, GG Douglas, IM Saint Helier, JE Amsterdam, NL Singapore, SG see more | Locations London, GB HQ Bab Ezzouar, DZ Buenos Aires, AR Buenos Aires, AR Yerevan, AM Barangaroo, AU Wien, AT see more | |
Employees | Employees 8,110 | Employees 59,400 | Employees 61,228 | Employees 93,000 | Employees 208,7201% decrease |
Valuation ($) | Valuation ($) N/A | Valuation ($) 39.9 b | Valuation ($) 44.6 b | Valuation ($) 446 m | Valuation ($) 1.6 b |
Financial | |||||
Revenue (est.) | Revenue (est.) £2b (FY, 2021) | Revenue (est.) £16.7b (FY, 2022) | Revenue (est.) £31b (FY, 2023) | Revenue (est.) £55.8b (FY, 2024) | Revenue (est.) $149.6b (FY, 2025) |
Cost of goods | Cost of goods £558m (FY, 2021) | Cost of goods £3.5b (FY, 2022) | Cost of goods £15.8b (FY, 2023) | Cost of goods £29b (FY, 2024) | Cost of goods $81.3b (FY, 2025) |
Gross profit | Gross profit £1.5b (FY, 2021) | Gross profit £13.2b (FY, 2022) | Gross profit £15.1b (FY, 2023) | Gross profit £26.8b (FY, 2024) | Gross profit $68.3b (FY, 2025) |
Net income | Net income £474m (FY, 2021) | Net income £3.6b (FY, 2022) | Net income £5.5b (FY, 2023) | Net income £6.4b (FY, 2024) | Net income $23.1b (FY, 2025) |
Operating ⚠ | |||||
Countries | Countries N/A | Countries 38 (FY, 2017) | Countries N/A | Countries N/A | Countries 64 (FY, 2021) |
Customers | Customers 6.5 m (FY, 2020) | Customers 19 m (FY, 2022) | Customers N/A | Customers N/A | Customers 40 m (FY, 2021) |
Deposits from Customers | Deposits from Customers £70b (FY, 2021) | Deposits from Customers £435.9b (Q3, 2023) | Deposits from Customers N/A | Deposits from Customers £525.8b (FY, 2022) | Deposits from Customers N/A |
Loans to Customers | Loans to Customers £71.9b (FY, 2021) | Loans to Customers £377.3b (Q3, 2023) | Loans to Customers N/A | Loans to Customers N/A | Loans to Customers $1t (H1, 2022) |
Mobile Banking Users | Mobile Banking Users N/A | Mobile Banking Users 7.7 m (FY, 2020) | Mobile Banking Users 21.5 m (FY, 2023) | Mobile Banking Users 13.4 m (FY, 2024) | Mobile Banking Users N/A |
Total Deposits | Total Deposits N/A | Total Deposits £460.2b (Q3, 2023) | Total Deposits £477.5b (FY, 2023) | Total Deposits £574.3b (Q1, 2025) | Total Deposits N/A |
Total Loans | Total Loans N/A | Total Loans £385.7b (Q3, 2023) | Total Loans £460.5b (FY, 2023) | Total Loans £348b (Q1, 2025) | Total Loans N/A |
For sources of this data, please see the company profile
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NatWest Group
HQ
Edinburgh, GB
Employees
59,400
NatWest Group (formerly known as The Royal Bank of Scotland Group, RBSG) is a banking and financial services company.
View companyLloyds Banking Group
HQ
London, GB
Employees
61,228
Lloyds Banking Group is a provider of financial services to individual and business customers.
View company
Barclays
HQ
London, GB
Employees
93,000
Barclays is a company that provides personal banking and financial services.
View company
HSBC
HQ
London, GB
Employees
208,720↓ 1% decrease
HSBC Holdings is a company that provides banking and financial services.
View company