You are here

Prices & Quotes - UK Markets - Paragon Banking Group (PAG)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 536.00p
Change Today:
9.00p
Market Cap:
1,360.80m
Sector:
Financial Services

Paragon Banking pulls interim dividend

By Frank Prenesti

Date: Tuesday 14 Apr 2020

LONDON (ShareCast) - (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".
The so-called challenger bank on Tuesday said it was too early to determine the impact that the coronavirus crisis would have on new business flows, redemptions, income recognition and IFRS9-related impairment charges.

Paragon said unaudited capital ratios at 29 February 2020 comprised CET1 of 14.4% and a total capital ratio of 16.7%. Its liquidity coverage ratio was 218% at March 31.

The Bank of England last month unveiled monetary easing measures which included giving banks more leeway in their capital requirements by reducing the countercyclical capital buffer rate and incentives for SME lending.

The company reported flat specialist buy-to-let mortgage lending of ?694.6m for the six months to end-March and an 11% rise in its buy-to-let pipeline to ?789.8m.

"Underlying net interest margins continued to improve, tempered by the expected amortisation of the Idem Capital portfolio, where no further purchases were made during the period," Paragon said.

"Deposit costs have continued to benefit from our strategic actions, including broadening the product range, distribution and scale of market access and were lower at the end of March 2020 than at the end of September 2019."

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

PAG Market Data

Currency UK Pounds
Price 536.00p
Change Today 9.00p
52 Week High 569.50p
52 Week Low 294.00p
Volume 246,469
Shares Issued 253.88m
Market Cap 1,360.80m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Growth
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Dividend Yield
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector

What The Brokers Say

Strong Buy 9
Buy 0
Neutral 4
Sell 0
Strong Sell 0
Total 13
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PAG Dividends

  Latest Previous
  Interim Final
Ex-Div 01-Jul-21 28-Jan-21
Paid 23-Jul-21 26-Feb-21
Amount 7.20p 14.40p

Trades for 23-Jul-2021

Time Volume / Share Price
16:35 88,864 @ 536.00p
16:29 20 @ 536.00p
16:29 166 @ 536.00p
16:29 250 @ 537.00p
16:29 20 @ 536.00p

PAG Key Personnel

CEO Nigel S Terrington
CFO Richard Woodman
Chair Fiona Clutterbuck