|Bid||439.20 x 105600|
|Ask||439.40 x 171100|
|Day's range||436.20 - 444.60|
|52-week range||379.20 - 527.00|
|Beta (3Y monthly)||0.84|
|PE ratio (TTM)||8.25|
|Forward dividend & yield||0.21 (4.81%)|
|1y target est||540.57|
Paragon Banking Group PLC (LON:PAG), operating in the financial services industry based in United Kingdom, saw...
A Brexit-induced slowdown in UK's housing market has taken a toll on mortgage lenders as prices and demand for property have fallen since the country decided to leave the European Union. Paragon's net interest margin - a measure of underlying profitability which calculates the difference between what it earns from loans and pays for deposits - improved by 8 basis points to 224 basis points. In an industry that is facing stiff competition and navigating through regulatory and tax policy changes, improving profit margins has been difficult for mortgage lenders with bellwether Nationwide on Tuesday saying that its net interest margin fell in the year to April 4.
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
One simple way to benefit from the stock market is to buy an index fund. But if you choose individual stocks with prowess, you can make superior returns. For example, Paragon Banking Group PLC (LON:PAG) shareholders have seen...
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Nigel Terrington has been the CEO of Paragon Banking GroupRead More...
Paragon Banking Group PLC's (LON:PAG) announced its latest earnings update in September 2018, which confirmed that the business benefited from a robust tailwind, eventuating to a double-digit earnings growth of Read More...
Paragon, established in 1985, and its rivals have turned their focus to professional landlords as regulators tightened mortgage rules for homeowners. "We remain confident in the outlook, but will maintain our capital, liquidity and broader risk disciplines in case the external operating environment should deteriorate," Chief Executive Officer Nigel Terrington said. A sharp slowdown in the country's housing market ahead of Britain's departure from the European Union has taken a toll on mortgage lenders.
The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...
LONDON, Dec (Shanghai: 600875.SS - news) 18 (Reuters) - Banks will be banned from charging higher fees to 14 million people with unarranged overdrafts from the end of 2019, Britain's financial watchdog proposed on Tuesday, in what it called a radical move that could limit availability of free banking. The Financial Conduct Authority (FCA) said that banks earned more than 2.4 billion pounds ($3.03 billion) from overdraft charges in 2017, with around 30 percent of that from unarranged overdrafts - where customers become overdrawn without prior agreement or exceed any agreed overdraft limit. The price of using overdrafts, which are accessed by 26 million people or half the adult population of Britain each year, would be aligned, based on a simple, single interest rate, with no fixed daily or monthly charges, the FCA said.
UK shares jumped more than 1 percent on Wednesday for their best day in two months, helped by oil and banking stocks and upbeat results from Johnson Matthey, which soothed investor concerns about slowing ...
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Paragon Banking Group PLC (LON:PAG) has returned toRead More...