Tuesday preview: US producer prices, Paragon Banking Group in focus

13th Jun 2022 14:03

(Sharecast News) - Investors' focus on Tuesday will be on producer price data in the US covering the month of May.

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Liberum upgrades Close Brothers to 'buy'

1st Apr 2022 13:55

(Sharecast News) - Liberum upgraded Close Brothers to 'buy' from 'hold' on Friday, arguing that the recent share price fall was overdone.

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Paragon Banking Q1 trading in line with expectations

28th Jan 2022 07:27

(Sharecast News) - Specialist finance provider Paragon Banking Group said on Friday that its trading performance had been strong and in line with the expectations during the first quarter of its financial year.

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Paragon Banking reports record profits, confirms new £50m buyback

7th Dec 2021 08:23

(Sharecast News) - Paragon Banking Group reported record profits in its final results on Tuesday, thanks to strong lending and margin growth, with its underlying profit before tax rising 61.8% to £192.4m.

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Tuesday broker round-up

10th Aug 2021 10:14

(Sharecast News) - Helios Towers: Berenberg stays at buy and raises target price from 203.0p to 224.0p.

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Paragon reports rise in mortgage lending as housing boom continues

30th Jul 2021 08:12

(Sharecast News) - Paragon Banking reported a rise in mortgage lending as the UK house buying boom continued.

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Numis ups Paragon estimates after strong first half

9th Jun 2021 12:13

(Sharecast News) - Numis has upped its earnings estimates for Paragon Bank after a strong set of results from the specialist buy-to-let lender.

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Paragon in £40m buyback as interim profits soar

8th Jun 2021 07:01

(Sharecast News) - Buy-to-let specialist lender Paragon Bank on Tuesday reported higher interim profits and a £40m share buyback as the housing market recovered from the Covid pandemic.

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Tuesday preview: US jobs market, Paragon Banking Group in focus

7th Jun 2021 12:26

(Sharecast News) - America's jobs market will be in focus again on Tuesday as the National Federation of Independent Business releases its small business optimism index.

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Paragon Bank lending volumes fall as Covid lockdowns stall house sales

29th Jan 2021 07:03

(Sharecast News) - Specialist lender Paragon Bank reported a fall in first quarter lending volumes as Covid-19 lockdowns stalled house sales, but said it expected a pickup as buyers rushed to complete purchases ahead of the end of the stamp duty holiday in March.

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Liberum initiates coverage of challenger banks, OneSavings top pick

8th Dec 2020 15:15

(Sharecast News) - Liberum has initiated coverage of five challenger banks and specialist lenders, with 'buy' ratings on OneSavings Bank, Virgin Money UK and Paragon Banking Group.

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Paragon slashes dividend as profits fall on Covid impact

3rd Dec 2020 07:28

(Sharecast News) - Lender Paragon Bank paid a reduced dividend as it set aside £48m for bad debts due to the Covid-19 pandemic and reported lower in annual profits.

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Thursday preview: Global services, Paragon Banking Group in focus

2nd Dec 2020 15:59

(Sharecast News) - Investors will be focused on a raft of survey results for the global services sector on Thursday.

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Citi sees contrarian 'opportunity' in UK banks

12th Oct 2020 12:40

(Sharecast News) - Analysts at Citi reiterated their 'buy' stance on several of the UK's largest lenders, citing the likely resumption of dividend payments from February 2021 onwards among some of the positives for the group.

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Paragon Banking says 21% of loan balances on deferrals

31st Jul 2020 07:58

(Sharecast News) - Mortgage lender Paragon Banking said reported payment deferrals on 21% of its loan balances during the coronavirus crisis.

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