Company
Paragon Banking Group plc
Headquarters: Solihull, United Kingdom
Founded: 1985
Employees: 1,450
Market Cap
£1.53 Billion
GBP as of Jan. 1, 2024
US$1.95 Billion
Paragon Banking Group plc Categories
United Kingdom Financials Mortgage FinanceUnited Kingdom Financials United Kingdom Mortgage Finance
Top Competitors by Market Capitalization
Industry: Mortgage Finance
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| PennyMac Financial Services, Inc. | $4.25 B |
| Mr. Cooper Group Inc. | $4.13 B |
Sector:
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| Berkshire Hathaway | $797.77 B |
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Detailed Description
Paragon Banking Group PLC provides financial services in the United Kingdom. It operates through three segments: Mortgage Lending, Commercial Lending, and Idem Capital. The Mortgages Lending segment offers buy-to-let, owner-occupied first and second charge lending, and related activities. The Commercial Lending segment provides SME lending, development finance, structured lending, and motor finance services. The Idem Capital segment engages in the acquisition and servicing of products, such as leases, motor finance agreements, mortgages, and unsecured loans; and offers servicing of loan portfolios for clients, including banks, private equity houses, and specialist lenders. It also provides a range of savings products to households. The company was formerly known as The Paragon Group of Companies PLC and changed its name to Paragon Banking Group PLC in September 2017. Paragon Banking Group PLC was founded in 1985 and is headquartered in Solihull, the United Kingdom.
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Stocks & Indices
Paragon Banking Group plc has the following listings and related stock indices.
Stock: LSE: PAG wb_incandescent
Stock: FSX: 46P1 wb_incandescent
Key People
Fiona Clutterbuck, Chairman Nigel Terrington, CEO
Financials
Revenue: £324.9 million (2021)
Operating income: £213.7 million (2021)
Net income: £164.5 million (2021)