Paragon Banking Group (PAG)

Sector:

Financials

Index:

FTSE 250

872.50p
   
  • Change Today:
    -36.50p
  • 52 Week High: 913.50p
  • 52 Week Low: 669.50p
  • Currency: UK Pounds
  • Shares Issued: 198.91m
  • Volume: 375,992
  • Market Cap: £1,735.48m
  • RiskGrade: 172
  • Beta: 0.00

Paragon Bank holds guidance as Q1 margin ahead of expectations

By Frank Prenesti

Date: Friday 24 Jan 2025

LONDON (ShareCast) - (Sharecast News) - Specialist buy-to-let mortgage lender Paragon Bank held annual guidance and said first-quarter margins had been running above expectations.
Buy-to-let lending totalled £432.2m in the quarter, up from £336.3m last year, while commercial lending advances fell to £254.2m from £274.4m previously, Paragon said in a trading update covering the three months to December.

Net interest margin - the difference between savings and loan rates - was ahead of expectations, although no figure was provided.

New lending across the quarter totalled £677.4m, compared to £610.7m in the first quarter of 2024.

Paragon's buy-to-let pipeline at the end of the quarter stood at £691.9m, up almost 24% year on year.

Reporting by Frank Prenesti for Sharecast.com

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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.

 

PAG Market Data

Currency UK Pounds
Share Price 872.50p
Change Today -36.50p
% Change -4.02 %
52 Week High 913.50p
52 Week Low 669.50p
Volume 375,992
Shares Issued 198.91m
Market Cap £1,735.48m
Beta 0.00
RiskGrade 172

PAG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
29.6% below the market average29.6% below the market average29.6% below the market average29.6% below the market average29.6% below the market average
56% below the sector average56% below the sector average56% below the sector average56% below the sector average56% below the sector average
Price Trend
82.14% above the market average82.14% above the market average82.14% above the market average82.14% above the market average82.14% above the market average
64.15% above the sector average64.15% above the sector average64.15% above the sector average64.15% above the sector average64.15% above the sector average
Income
77.84% above the market average77.84% above the market average77.84% above the market average77.84% above the market average77.84% above the market average
48.28% above the sector average48.28% above the sector average48.28% above the sector average48.28% above the sector average48.28% above the sector average
Growth
37.94% above the market average37.94% above the market average37.94% above the market average37.94% above the market average37.94% above the market average
21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average

What The Brokers Say

Strong Buy 5
Buy 3
Neutral 4
Sell 0
Strong Sell 0
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PAG Dividends

  Latest Previous
  Interim Final
Ex-Div 03-Jul-25 06-Feb-25
Paid 25-Jul-25 07-Mar-25
Amount 13.60p 27.20p

Trades for 05-Jun-2025

Time Volume / Share Price
13:56 77 @ 872.50p
13:56 60 @ 873.69p
13:55 154 @ 873.50p
13:55 39 @ 873.50p
13:55 27 @ 873.50p

PAG Key Personnel

CEO Nigel S Terrington
CFO Richard Woodman

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