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PCF Group plc (PCF.L)

LSE - LSE Delayed price. Currency in GBp (0.01 GBP)
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0.9500+0.2500 (+35.71%)
At close: 04:25PM GMT
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Previous close0.7000
Open0.0000
Bid0.7000 x 0
Ask0.0000 x 0
Day's range0.0000 - 0.0000
52-week range
Volume2,839,122
Avg. volume1,000,387
Market cap3.171M
Beta (5Y monthly)1.65
PE ratio (TTM)1.58
EPS (TTM)0.6000
Earnings date23 Jan 2023 - 27 Jan 2023
Forward dividend & yieldN/A (N/A)
Ex-dividend date19 Mar 2020
1y target estN/A
  • Reuters

    Lender PCF to withdraw from UK market after rescue fails

    (Reuters) -PCF Group is pulling out of Britain's banking market and plans to cancel its share listing on AIM, after it failed to raise capital or secure strategic options to strengthen its consumer and corporate lending business, the lender said. Shares in PCF fell by around 62% to 0.4 pence in early trade following the news on Wednesday, six weeks after Castle Trust Capital withdrew its intention to make an offer for PCF. PCF's decision to wind up its lending business underscores the challenges facing small banks in Britain, where the costs of regulation and doing business have surged and competition from dominant rivals, including Lloyds Banking Group, NatWest and HSBC, has intensified.