Paragon Bank holds guidance as Q1 margin ahead of expectations

24th Jan 2025 07:48

(Sharecast News) - Specialist buy-to-let mortgage lender Paragon Bank held annual guidance and said first-quarter margins had been running above expectations.

Read more

London close: Stocks higher amid Korean political turmoil

3rd Dec 2024 16:30

(Sharecast News) - London's equity markets closed higher on Tuesday as upbeat sentiment in the retail and travel sectors buoyed investors, with the world's attention on sudden political instability in South Korea.

Read more

London close: Stocks finish lower as oil prices sink

15th Oct 2024 15:39

(Sharecast News) - London markets ended Tuesday in negative territory, driven primarily by a sharp decline in energy stocks following a drop in oil prices.

Read more

Jefferies upgrades NatWest to 'buy' but prefers Lloyds

15th Oct 2024 12:10

(Sharecast News) - Jefferies has upgraded its recommendation for NatWest from 'underperform' to 'buy', but still rates Lloyds as its preferred stock in the UK banking sector.

Read more

Paragon holds guidance as volumes, margins perform

30th Jul 2024 08:10

(Sharecast News) - Paragon Bank confirmed full-year guidance as volumes margins and costs during the third quarter were in line with expectations.

Read more

Paragon Banking profits soar, lifts buyback, lending forecasts

5th Jun 2024 07:25

(Sharecast News) - Specialist lender Paragon Banking more than doubled interim profit and said it would extend its share buyback by up to £50m as customer demand returned after the 'mini-budget' fiasco of Liz Truss's short-lived government last October.

Read more

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 more

Paragon 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 more

London 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 more

RBC 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 more

London 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 more

Paragon 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 more

Director 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 more

Paragon 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 more

Paragon 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 more