Tesco (TSCO)

Sector:

Food Pharmacy Retail

Index:

FTSE 100

297.90p
   
  • Change Today:
    -0.30p
  • 52 Week High: 303.50
  • 52 Week Low: 245.40
  • Currency: UK Pounds
  • Shares Issued: 7,039m
  • Volume: 2,153,759
  • Market Cap: £20,969m
  • RiskGrade: 107

Tesco Bank to close all current accounts by November

By Frank Prenesti

Date: Monday 26 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Tesco Bank on Monday said it was closing its current account operation from November, leaving 213,000 customers to make new arrangements.


The UK supermarket's banking arm said only 12% use it as a primary account, meaning almost nine in 10 accounts have limited activity or are being used for other purposes, such as a savings pot.

Tesco said customers could switch using the seven-day service or transfer money to a Tesco Bank savings account or register for Tesco Clubcard Pay, a new product currently in test with a panel of shoppers and colleagues..

The current account was closed to new applicants in December 2019. Earlier this year, rival M&S Bank made a similar move to cull current accounts.



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Tesco Market Data

Currency UK Pounds
Share Price 297.90p
Change Today -0.30p
% Change -0.10 %
52 Week High 303.50
52 Week Low 245.40
Volume 2,153,759
Shares Issued 7,039m
Market Cap £20,969m
RiskGrade 107

Tesco Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
45.62% above the market average45.62% above the market average45.62% above the market average45.62% above the market average45.62% above the market average
69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average
Price Trend
72.00% above the market average72.00% above the market average72.00% above the market average72.00% above the market average72.00% above the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average
Income
24.24% above the market average24.24% above the market average24.24% above the market average24.24% above the market average24.24% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
20.85% below the market average20.85% below the market average20.85% below the market average20.85% below the market average20.85% below the market average
23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average

What The Brokers Say

Strong Buy 4
Buy 7
Neutral 2
Sell 0
Strong Sell 0
Total 13
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tesco Dividends

  Latest Previous
  Interim Final
Ex-Div 12-Oct-23 11-May-23
Paid 24-Nov-23 23-Jun-23
Amount 3.85p 7.05p

Trades for 28-Mar-2024

Time Volume / Share Price
14:35 367 @ 297.90p
14:35 1,447 @ 298.00p
14:34 526 @ 298.00p
14:34 582 @ 298.00p
14:34 557 @ 298.00p

Tesco Key Personnel

CEO Ken Murphy
CFO Imran Nawaz
Chair Gerard Murphy

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