Nov 20 (Reuters) - CYBG Plc CYBGC.L :
* CLYDESDALE BANK PLC VIRGIN MONEY PLC VIRGIN MONEY HLDGS - FINAL RESULTS
* UNDERLYING PROFIT BEFORE TAX UP 13 PCT YEAR-ON-YEAR TO 331 MLN POUNDS; STATUTORY LOSS AFTER TAX OF 145 MLN POUNDS DUE TO LEGACY PPI COSTS
* NET INTEREST INCOME UP 1 PCT DRIVEN BY STRONG VOLUME GROWTH AND NIM OF 217 BPS, PARTLY OFFSET BY A 16 MLN POUNDS REDUCTION IN NON-INTEREST INCOME
* RECOMMENDING PAYMENT OF AN INCREASED ORDINARY DIVIDEND OF 3.1P PER SHARE, PAYABLE TO ALL SHAREHOLDERS
* CUSTOMER DEPOSIT GROWTH OF 4.2 PCT TO 28.9 BLN POUNDS; LOAN GROWTH OF 4.1 PCT TO 33.3 BLN - ABOVE SYSTEM LENDING GROWTH
* CUSTOMER DEPOSIT GROWTH OF 4.2 PCT TO 28.9 BLN POUNDS AT YEAR-END
* TOTAL PPI PROVISION DURING 2018 OF 352 MLN POUNDS (NET OF CONDUCT INDEMNITY) AND 44 MLN POUNDS FOR OTHER LEGACY CONDUCT
* PRO FORMA CET1 RATIO OF 14.0 PCT AT 30-SEP-2018 INCLUDING C.350BPS CET1 IMPACT OF IRB ACCREDITATION
* MORTGAGES UP 4.5 PCT TO 24.5 BLN POUNDS AND CORE SME UP 5.6 PCT TO 7.2 BLN
* RECOMMENDING PAYMENT OF AN INCREASED ORDINARY DIVIDEND OF 3.1P PER SHARE
* "CLEARLY BREXIT NEGOTIATIONS MEAN THE EXTERNAL POLITICAL AND MACRO ECONOMIC ENVIRONMENT REMAINS INHERENTLY UNCERTAIN"
* FY NIM 2.17 PERCENT VERSUS 2.27 PERCENT REPORTED LAST YEAR
* IMPOSSIBLE TO IGNORE LOWER LEVELS OF BUSINESS CONFIDENCE WHILE FINAL SPECIFIC OUTCOME OF BREXIT NEGOTIATIONS REMAINS UNCLEAR
* WILL PARTICIPATE STRONGLY IN THE RBS (LON:RBS) ALTERNATIVE REMEDIES SCHEMES
* NIM FOR FY2019 EXPECTED TO BE BETWEEN 1.6 AND 1.7 PER CENT, HAVING BEEN REBASED FOLLOWING THE COMBINATION WITH VIRGIN MONEY