Paragon Banking Group (PAG)

Sector:

Financials

Index:

FTSE 250

644.00p
   
  • Change Today:
      1.50p
  • 52 Week High: 723.00
  • 52 Week Low: 443.60
  • Currency: UK Pounds
  • Shares Issued: 214.61m
  • Volume: 600,689
  • Market Cap: £1,382.11m
  • RiskGrade: 172

PAG Overview

Paragon Banking Group PLC is a United Kingdom-based specialist bank. The Company offers a range of savings and lending products in the United Kingdom through Paragon Bank PLC. Its lending products include mortgages for landlords and loans for business customers. Its lending is funded by deposits from savings customers, together with wholesale funding. The Company’s segments include Mortgage Lending and Commercial Lending. The Mortgage Lending segment includes its buy-to-let, and owner-occupied first and second charge lending and related activities. The Commercial Lending segment includes its equipment leasing activities, development finance, structured lending and other offerings targeted towards SME customers, together with its motor finance business.

1 Day Chart (29-02-2024)

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 5.8% 0.0%
Div Cover 2.5 2.4
Op Mrgn 42.9% 72.4%
ROCE 5.0%  
Latest F'cast
P/E 6.8 6.9
PEG 0.2 n/a
Pr/Revenue 3.0 2.9
Pr/Book 1.0  
Latest F'cast
Revenue 18.6% 2.2%
PBT -52.2% 72.5%
EPS 31.7% -1.1%
DPS 30.8% 2.5%

PAG Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
30-Sep-19 307.30 159.00 49.40p 9.8 4.9 +2% 21.20p 4.4%
30-Sep-20 295.10 118.40 36.00p 9.2 n/a -27% 14.40p 4.3%
30-Sep-21 324.90 213.70 65.20p 8.4 0.1 +81% 26.10p 4.8%
30-Sep-22 393.00 417.90 71.50p 5.5 0.6 +10% 28.60p 7.2%
30-Sep-23 466.00 199.90 94.20p 5.2 0.2 +32% 37.40p 7.6%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

PAG Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
30-Sep-24 476.15 344.76 93.18p 6.9 n/a -1% 38.35p 0.0%
30-Sep-25 475.18 338.17 97.27p 6.6 1.5 +4% 39.44p 0.0%
30-Sep-26 486.09 334.76 105.44p 6.1 0.7 +8% 42.86p 0.0%

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PAG Company Announcements

Total Voting Rights 29-Feb-2024 17:06 RNS
Transaction in Own Shares 29-Feb-2024 17:04 RNS
Transaction in Own Shares 28-Feb-2024 17:12 RNS

Latest PAG Director Deals

Traded Action Notifier PriceAmountValue
19-Feb-24 Buy Zoe Howorth 638.95p 6,541 £41,793.85
31-Jan-24 Sell Richard Woodman 705.63p 27,764 £195,910.95
31-Jan-24 Sell Richard Woodman 705.63p 91,322 £644,394.88

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

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

PAG Market Data

Currency UK Pounds
Share Price 644.00p
Change Today 1.50p
% Change 0.23 %
52 Week High 723.00
52 Week Low 443.60
Volume 600,689
Shares Issued 214.61m
Market Cap £1,382.11m
RiskGrade 172

PAG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.82% above the market average76.82% above the market average76.82% above the market average76.82% above the market average76.82% above the market average
42.31% above the sector average42.31% above the sector average42.31% above the sector average42.31% above the sector average42.31% above the sector average
Price Trend
82.47% above the market average82.47% above the market average82.47% above the market average82.47% above the market average82.47% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Income
86.68% above the market average86.68% above the market average86.68% above the market average86.68% above the market average86.68% above the market average
65.08% above the sector average65.08% above the sector average65.08% above the sector average65.08% above the sector average65.08% above the sector average
Growth
16.95% above the market average16.95% above the market average16.95% above the market average16.95% above the market average16.95% above the market average
24.53% above the sector average24.53% above the sector average24.53% above the sector average24.53% above the sector average24.53% above the sector average

What The Brokers Say

Strong Buy 5
Buy 3
Neutral 3
Sell 0
Strong Sell 0
Total 11
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
  Final Interim
Ex-Div 01-Feb-24 06-Jul-23
Paid 08-Mar-24 28-Jul-23
Amount 26.40p 11.00p

Trades for 29-Feb-2024

Time Volume / Share Price
16:35 468,251 @ 644.00p
16:35 76 @ 644.00p
16:35 615 @ 644.00p
16:35 554 @ 644.00p
16:35 768 @ 644.00p

PAG Key Personnel

CEO Nigel S Terrington
CFO Richard Woodman

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