Edition:
United States

Profile: Paragon Group of Companies Plc (PARA.L)

PARA.L on London Stock Exchange

411.00GBp
24 Mar 2017
Change (% chg)

-0.40 (-0.10%)
Prev Close
411.40
Open
411.50
Day's High
414.00
Day's Low
407.20
Volume
1,175,992
Avg. Vol
973,329
52-wk High
447.10
52-wk Low
225.10

The Paragon Group of Companies PLC is engaged in financial services business. The Company operates as an independent buy-to-let lender, and as a debt purchaser through its Idem Capital division, where it purchases, co-manages and services secured and unsecured consumer loan portfolios. It operates through three segments: Paragon Mortgages, Idem Capital and Paragon Bank. The Paragon Mortgages segment includes revenue, in the form of interest and ancillary income, from its first mortgage operations, and from other assets remaining in legacy consumer portfolios. The Idem Capital segment includes revenue generated from assets purchased by its debt investment business, Idem Capital Holdings Limited and third-party loan administration activity. The Paragon Bank segment includes revenue generated from its regulated banking business, Paragon Bank PLC and its subsidiaries, including the acquired asset finance companies. Its loan assets include first mortgage assets and second mortgages.

Company Address

Paragon Group of Companies Plc

51 Homer Road
SOLIHULL     B91 3QJ
P: +4484.58494000

Company Web Links