London close: Stocks turn lower as BoE keeps rates on hold
1st Feb 2024 16:48
(Sharecast News) - London's financial markets finished in the red on Thursday, reversing earlier gains after the Bank of England maintained interest rates at current levels.
Read moreParagon Banking on track after "encouraging" Q1
26th Jan 2024 07:18
(Sharecast News) - Paragon Banking, the FTSE 250-listed mortgages, savings accounts and business finance provider, has delivered a confident outlook for the current financial year as it reiterated guidance following a solid first quarter.
Read moreLondon close: Stocks finish higher ahead of Fed decision
13th Dec 2023 15:02
(Sharecast News) - London markets remained in positive territory by the close of Wednesday after weak UK GDP data led investors to anticipate a potential rate cut from the Bank of England.
Read moreRBC Capital upgrades Paragon Banking Group
13th Dec 2023 07:41
(Sharecast News) - RBC Capital Markets upgraded Paragon Banking Group on Wednesday to 'outperform' from 'sector perform' and hiked the price target to 850p from 700p.
Read moreLondon close: Stocks rise as investors digest US jobs data
6th Dec 2023 15:15
(Sharecast News) - London's stock markets finished with a positive performance on Wednesday, with the FTSE 100 and FTSE 250 both closing in the green.
Read moreParagon Banking shares jump on profit beat, share buyback
6th Dec 2023 07:15
(Sharecast News) - Shares in Paragon Banking surged on Wednesday after the company delivered a 25% jump in annual profits and announced another £50m share buyback following a stronger-than-expected full-year performance.
Read moreDirector dealings: CLS deputy chair linked to purchase, Paragon CEO covers tax bill
23rd Aug 2023 14:33
(Sharecast News) - CLS Holdings was on the list of director buys on Wednesday, after its deputy chairman was linked to a purchase worth more than £2.5m.
Read moreParagon Banking reports 'robust' nine month new business flows
25th Jul 2023 08:06
(Sharecast News) - Paragon Banking Group described its performance for the first nine months of its financial year as "strong", on the back of "robust" new business flows, and reiterated its guidance.
Read moreParagon Banking lifts NIM, mortgage lending guidance; shares jump
6th Jun 2023 09:32
(Sharecast News) - Paragon Banking lifted its full-year guidance for net interest margin and mortgage lending on Tuesday, and increased its buyback programme, sending shares sharply higher.
Read moreParagon Banking Group raises FY23 net interest margin guidance
27th Jan 2023 07:15
(Sharecast News) - Paragon Banking Group raised its guidance for net interest margins in the 2023 fiscal year.
Read moreFull-year profits jump at Paragon Banking
6th Dec 2022 08:15
(Sharecast News) - Paragon Banking reported a surge in full-year profits on Tuesday as lending grew.
Read moreParagon Banking names Robert East as chairman designate
28th Jul 2022 08:34
(Sharecast News) - Lender Paragon Banking Group named Robert East as its chairman designate on Thursday, succeeding Fiona Clutterbuck on 1 September.
Read moreParagon Banking delivers 'another strong performance' in Q3
27th Jul 2022 08:05
(Sharecast News) - Finance provider Paragon Banking Group said on Wednesday that it had delivered "another strong performance" in the three months ended 30 June, leading it to reconfirm full-year guidance.
Read moreRBC Capital Markets raises target price on Paragon Banking
20th Jun 2022 12:07
(Sharecast News) - Analysts at RBC Capital Markets raised their target price on specialist finance provider Paragon Banking Group from 560.0p to 600.0p on Monday following the firm's first-half results.
Read moreParagon Banking posts record H1 profits, upgrades FY guidance
14th Jun 2022 09:51
(Sharecast News) - Paragon Banking Group upgraded its full-year guidance on Tuesday as it reported record first-half profits, driven by an improving rate environment and strong new business pipeline.
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