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Paragon Banking Group PLC (PARA.L)

PARA.L on London Stock Exchange

487.60GBp
11:52am EDT
Change (% chg)

2.40 (+0.49%)
Prev Close
485.20
Open
488.00
Day's High
493.00
Day's Low
483.00
Volume
485,090
Avg. Vol
621,241
52-wk High
558.50
52-wk Low
400.09

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Thu, May 24 2018

UPDATE 2-British lender Paragon flags subdued mortgage market despite higher H1 profit

May 24 Britain's Paragon Banking Group cautioned on Thursday that the domestic mortgage market remains subdued, even as a surge in lending volumes helped the lender post a 4.7 percent rise in profit for the first half of the year.

British lender Paragon's H1 profit up 4.7 pct

May 24 British mortgage lender Paragon Banking Group said its first-half underlying profit rose 4.7 percent to 73.4 million pounds, driven by strong buy-to-let lending volumes.

BRIEF-Paragon Banking Says ‍Chairman Bob Dench Will Be Stepping Down

* ‍DENCH WILL JOIN CO-OPERATIVE BANK AS ITS CHAIRMAN ON 14 MARCH, WILL REMAIN AS CHAIRMAN OF PARAGON UNTIL HIS SUCCESSOR HAS BEEN APPOINTED​ Source text for Eikon: Further company coverage:

BRIEF-Paragon Group Sales Up At About EUR 124 Mln In 2017

* DGAP-NEWS: PARAGON AG EXPECTING A MORE THAN 40 PERCENT INCREASE IN REVENUE TO AROUND EUR 175 MILLION FOR 2018

Paragon's Q1 lending rises as buy-to-let focus pays off

Jan 23 Paragon Banking Group posted a rise in first-quarter lending as its focus on professional landlords helped to drive a surge in its buy-to-let business even as tax and regulatory changes made the property market tougher for smaller investors.

BRIEF-Paragon Banking Says Q1 2018 Buy-To-Let Investments ‍342.9​ Mln Pounds

* Q1 2018 BUY-TO-LET INVESTMENTS ‍342.9​ MILLION POUNDS VERSUS 185.2 MILLION POUNDS A YEAR-AGO

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