Funding Circle Holdings Plc reports gross yields from the UK at 9.9% in Q4 2019

Funding Circle Holdings Plc (LON: FCH) has released loan performance statistics for Q4 2019.

  • The company has reported that gross yields from the UK stood at 9.9 per cent, US at 13 per cent, DE at 10.6 per cent and NL at 11.2 per cent.
  • Projected annualised return range (after fees and bad debt) from the UK stood at 5.0-7.0 per cent, US at 5.7 – 7.8 per cent, DE at 4.7 – 6.7 per cent and NL at 6.0 – 8.0 per cent.
  • Projected bad debt rate range from the UK stood at 2.1 – 4.0 per cent, US at 4.8 – 6.8 per cent, DE at 3.1 – 4.9 per cent and NL at 2.5 – 4.3 per cent.
  • On 16th January 2020, at the time of writing, GMT 08:12 AM, FCH shares were trading at GBX 94.80, up by 5.10 points or 5.69% against the previous day closing price.