Financial Services Sector News
Time Finance’s revenue, profit soar as it expands lending book
25th September 2024
Time Finance snowball keeps rolling as builds on last year's record breaking momentum to serve up higher revenues and profit
New windfall taxes on oil and gas companies could hit FTSE 100
25th September 2024
IPO Radar: GenIP, Hozon New Energy Automobile, Wealthsimple
24th September 2024
Data business booms as Aquis expands client base
18th September 2024
IPO Radar: Tokyo Metro, Klarna Bank, MOH Nippon
20th August 2024
WH Ireland posts heavy losses as market conditions bite
16th August 2024
Three sectors poised for a Trump victory boost
16th July 2024
More Financial Services Sector News
Arbuthnot charts next chapter with bicentennial on horizon
11th July 2024
Arbuthnot Bank charts next chapter as it approaches its two-hundredth anniversary with 135% increase in year-on-year profit before tax
XPS Pensions: the best financial stock in the FTSE 250?
1st July 2024
XPS Pensions Group has been delivering consistent share price growth for investors for the past two years and looks well positioned for more.
F&G Annuities & Life is our US Stock of the Week
28th June 2024
F&G Annuities & Life has seen its share price drop over the last couple of months, but its metrics suggest investors pay attention.
Time Finance celebrates record order book
31st January 2024
Time Finance confident results for the full-year will be at least in-line with expectations as it hits record lending levels
Aquis Exchange: profits up 16% for FY 2023 on back of consolidated tapes
25th January 2024
Aquis Exchange net revenue expected to be up 12% to £22.6m (FY22 £20.1m) and profit before tax up 16% to £5.2m (FY22 £4.5m)
What lies in store for Experian’s investors in 2024?
17th January 2024
A positive update from Experian, with organic growth c.1% ahead of consensus expectations and FY24 guidance at the high end.
Five sectors that investors should be watching for 2024
19th December 2023
The Armchair Trader tries to predict what the top five investment sectors will be for 2024. Will they be 'hot' or 'not'?
Can the shifting tide of the global economy boost this listed brokerage?
18th December 2023
James Coffey adds a FTSE 350 listed brokerage platform to his portfolio this month as we see a renewed sense of optimism for equity markets
Record building value for shareholders in a specialist niche
15th November 2023
Record fortunes have turned as assets under management have fallen this year, but could there be good news with a trading update approaching?
IG Group share price isn’t reflecting the potential of the business
24th October 2023
IG Group should be trading higher with analyst target price of 1,250p showing there is deep value in this stock with a dividend kicker
X Financial: this Chinese lender is keeping tight control of its balance sheet
23rd October 2023
X Financial came out with some phenomenal numbers at the end of August, but can it weather the storm in China's debt market?
Aquis Exchange reports pre-tax profits up 64% despite tough conditions
21st September 2023
Aquis said that all four of the exchange's core divisions were profitable for the six month period to the end of June this year.
Why we’re buying into this listed hedge fund manager
12th July 2023
Shares in this listed hedge fund manager have picked up following news of an aggressive move into the private credit space.
STM exploring a 70p/share offer from Pension SuperFund Capital
11th July 2023
STM in discussions with Pension SuperFund Capital over merger at a 70p per share acquistion price, valuing business at GBP40m
Wise PLC shares still volatile despite excellent results
7th July 2023
Wise Plc remains a potent outperformer in its cross-border payments sector with scope for yet further share price gains
Time Finance finds reasons to cheer on sustained SME strength
29th June 2023
Time Finance sees profit increase 355% with EPS up 340% as UK SME sector remains resiliant and hungry for credit despite economic climate
Argentex: strong earnings growth and no debt for this AIM stock
14th June 2023
There's lots to like about Argentex for investors seeking opportunities with strong financial performance and growth potential
B.P. Marsh looking to build on strong half-year
9th June 2023
After a series of successful portfolio exits and generous payback to shareholders B.P. Marsh & Partners is expecting a strong set of results
CAB Payments announces plans to list cross-border FX business in London
8th June 2023
Banking services and forex business CAB Payments has announced it will list in London with an IPO valued at over £800m.
Argo Blockchain revenue up but well behind 2022 performance
6th June 2023
Argo Blockchain to target hashrate improvement with installation of new rigs as it sees first quarter revenues up 15%
Onward and upwards for Onward Opportunities Investment Trust
1st June 2023
Onward Opportunities Investment Trust launches to seek out unrealised value in the UK smaller companies market
Duke turns-around $2.4m profit in three-months on Instor exit
25th May 2023
Duke Royalty turns-around $2.4m profit in three-months on opportunistic private equity sale of its investment in Instor Solutions
Ninety-one reports tough year with all asset classes falling
17th May 2023
Fund manager Ninety-one has tough year seeing falls in AUM, profit, EPS and increased investment outflows on the back of 2022 market instability
Man Group looking like a potential value trade
12th April 2023
Fund manager Man Group saw some selling of its stock in late March, but this is starting to make it look cheap for the investor.
TMT Investments on the unicorn hunt
12th April 2023
TMT Investments is investing in the emerging technology sector, bringing entrpreneurs from the former Soviet Union to a wider market
Strong report from Aquis Stock Exchange underscores innovation culture
30th March 2023
Aquis Stock Exchange, the fast-growing market for smaller companies has released full year numbers, hosting 22 IPOs with net revenue up 24%
Conduit Holdings shares continue to rally on back of tight reinsurance market
8th March 2023
Conduit Holdings looks to us like a very well positioned and high quality reinsurance asset which is still being under-priced by the market.
Time Finance sees profit rise 172%; upgrades year-end forecast
8th March 2023
Time Finance reports 172% surge in profits as alternative lending business sector remains robust. Upgrades profit forecast to GBP3.6m
Legal & General results: institutional investors remain bullish
7th March 2023
We run Legal & General shares through some sophisticated AI-based analysis to see how they shape up ahead of results.
Duke Royalty’s Instor deal takes investment spend to GBP24m
7th March 2023
Duke Royalty takes annual investment spend to GBP24 with investment in Instor; closes GBP100m debt refi with Canadian insurer, Fairfax
Time Finance’s post-Covid loan book bounces back
1st February 2023
Time Finance reaps rewards from post-Covid strategic review as alternative SME finance provider's lending book recovers and profits rise 67%
Amigo fails to find investor for recapitalisation – shares plummet
16th January 2023
Amigo shares fall 40% as subprime lender fails to secure an investor consortium for £45m equity capital raise
London Stock Exchange: is Microsoft deal good for investors?
13th December 2022
With an awful lot of strategic investors selling their stock to Microsoft this week, we take a look at whether LSEG is still a Buy.
Duke Royalty expands credit and increases Tristone investment
13th December 2022
Duke Royalty secures expanded and extended GBP100m credit facility with Fairfax and increases investment in Tristone to support acquisition
Duke Royalty expecting strong business growth through 2023
1st December 2022
Duke Royalty increases revenue 34% y-o-y and raises GBP20m in new equity financing to fund an expanding pipeline of deals
Experian in a strong position as it expands into Latin America
18th November 2022
Experian's expansion into Latin America augurs a new chapter. With the share price down 15% year-to-date is it a great buying opportunity?
London Stock Exchange Group shares: buy or hold?
25th October 2022
We take a deeper dive behind the numbers at London Stock Exchange Group as it seeks to integrate Refinitiv into its business.
Ping An: China’s insurance giant looks in great health
7th October 2022
We take our first look at the world's biggest insurance company, which controls a huge and diversified business in China.
Will we see Amigo Holdings share price boost as lending resumes?
26th September 2022
Amigo Holdings share price in focus for investors as the business announces that it will start lending again despite FCA investigation
Duke Royalty benefiting from rising inflation with revenue increase
8th September 2022
Duke Royalty published an optimistic outlook for the year ahead as revenues likely to rise with inflation and higher future cashflow
Braemar Shipping shares soar 15% on higher annual profit
2nd September 2022
Braemar Shipping earnings update sees pre-tax profits up 66% and revenue up 21% year-on-year with shares up almost 20% in a week
Hargreaves Lansdown reports turbulent year with more to come
8th August 2022
Hargreaves Lansdown reports disappointing results on back of turbulent investment markets but sees its share price rally
Experian shares attracting interest on back of trading update
14th July 2022
Credit rating and data firm Experian notes substantial growth in Latin American markets after liberalisation of data regime in Brazil.
Life Insurance Corporation of India: have the fundamentals jinxed this mega IPO?
19th May 2022
With shares slipping in Asia's latest mega IPO, we ask whether extraneous factors or the nature of the insurance sector are to blame?
Cornerstone FS publishes bullish forecast but can shares break trend?
20th April 2022
Some good numbers forecast for Cornerstone FS have driven shares up, but look at the big picture and there are still unanswered questions.
Supply@ME Capital: are recent share price gains justified?
7th April 2022
We revisit Supply@ME Capital as the share price pops again on hopes that it is about to see some solid revenue numbers.
Ondo InsurTech debuts via SPAC RTO using Spinnaker Acquisitions
24th March 2022
Insurance technology specialist Ondo Insurtech debuted on the London Stock Exchange this week via a SPAC reverse takeover.
Kingswood Holdings rated a Buy by broker finnCap
28th February 2022
Wealth manager Kingwood Holdings has been building on its acquisition of eight businesses in the UK, enhancing its distribution network.
IG Group Holdings: still a buy after TCMI sells 15.5m shares
3rd February 2022
We are adding IG Group (LSE:IGG) to our tactical trading list, as the company is still demonstrating solid fundamentals and growth prospects.
Amigo Holdings: sub-prime lender’s shares slide further as it seeks scheme approval
11th January 2022
Sub-prime loans specialist Amigo Holdings seems to be in a fix as it tries to avoid insolvency this year and get lending re-started.