Edition:
United States

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

PARA.L on London Stock Exchange

273.50GBp
22 Jul 2016
Change (% chg)

-1.30p (-0.47%)
Prev Close
274.80p
Open
274.90p
Day's High
276.20p
Day's Low
270.90p
Volume
1,590,339
Avg. Vol
955,018
52-wk High
448.30p
52-wk Low
225.10p

The Paragon Group of Companies PLC is engaged in specialist 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. The Company's operating divisions include Paragon Mortgages, Idem Capital and Paragon Bank. The Paragon Mortgages division includes revenue, in the form of interest and ancillary income, from the Company's first mortgage operations, and from other assets remaining in legacy portfolios. The Idem Capital division includes revenue generated from assets purchased by its debt investment business, Idem Capital Holdings Limited and third-party loan administration activity. The Paragon Bank division includes revenue generated from its regulated banking business, Paragon Bank PLC. Its loan assets include first mortgage assets, second mortgages, car finance loans and other unsecured consumer lending.

Company Address

Paragon Group of Companies Plc

51 Homer Road
SOLIHULL     B91 3QJ
P: +4484.58494000

Company Web Links