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.
Read moreLiberum 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.
Read moreParagon 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.
Read moreThursday 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.
Read moreCiti 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.
Read moreParagon 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.
Read moreTuesday broker round-up
30th Jun 2020 14:20
(Sharecast News) - Paragon: Canaccord upgrades to buy with a target price of 454.0p.
Read moreParagon records £27.7m Covid charges, cancels interim dividend
10th Jun 2020 07:19
(Sharecast News) - Paragon Banking Group reported an underlying profit £57.2m in its first half on Wednesday, down from £79.8m year-on-year, as its statutory profit before tax slid to £57.1m from £72m.
Read moreWednesday preview: US Fed, Paragon Banking Group in the spotlight
9th Jun 2020 14:26
(Sharecast News) - The market spotlight on Wednesday will be on the US central bank's outlook for the US and global economy and hence for monetary policy.
Read moreParagon Banking pulls interim dividend
14th Apr 2020 07:29
(Sharecast News) - Paragon Banking pulled its interim dividend due to the Covid-19 pandemic but said it had a strong capital base and "significant liquidity".
Read moreParagon Banking Q1 in line, new business volumes rise
30th Jan 2020 08:07
(Sharecast News) - Paragon Banking said on Thursday that it traded in line with management's expectations in the quarter to the end of December, with new business volumes up 3.7% on the same period a year ago.
Read moreFriday broker round-up
29th Nov 2019 13:11
(Sharecast News) - Tullow Oil: Peel Hunt downgrades to add with a target price of 200p.
Read moreJefferies highlights Paragon Banking's 'strong' capital position and more diverse funding
26th Nov 2019 12:30
(Sharecast News) - Jefferies reiterated its 'buy' recommendation on shares of Paragon Banking Group, highlighting the "flexibility and robustness" of the lender's capital position and forecasting continued expansion in its net interest margins and loan book growth.
Read moreCommercial lending unit boosts Paragon Banking profits
26th Nov 2019 07:59
(Sharecast News) - Underlying pre-tax profit at specialist lender Paragon Banking rose in the year to the end of September thanks to strength in the commercial lending division.
Read moreTuesday broker round-up
19th Nov 2019 13:08
(Sharecast News) - B&M: Citigroup downgrades to neutral with a target price of 405p.
Read more