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2019 full year results

Delivering lending and margin growth

We are delighted to report another excellent financial and operational performance, underpinned by our effective diversification strategy and focus on specialist lending. Volumes, profits and dividends are up strongly, and we are moving closer to our medium-term target of over 15% return on tangible equity.

- Nigel Terrington | Chief Executive

Key information

Full Year Press Release

26/11/2019 | Press release

Available now

Full Year Presentation Slides

26/11/2019 | Presentation slides

Available now

Full Year Presentation Video

26/11/19 | Presentation video

Available now

For the year ended 30 September 2019

£2.5 billion

Lending volumes
(2018: £2.3 billion)
8.5% growth

229bp

Net Interest Margin
(2018: 221 bp)

21.2p per share

Total dividend
(2018: 19.4 pence)
9.3% increase

£164.4 million

Underlying profit before tax
(2018: £156.5 million)
5.0% growth

£6.4 billion

Retail deposit balances
(2018: £5.3 billion)
20.7% growth

13.7%

Basic CET1
(2018: 13.8%)
Strong capital base supporting growth

Five year summary

Underlying profit before tax

£164.4 million
5.0% higher (2018: £156.5 million)

Underlying profit before tax

Underlying basic earnings per share

51.1 pence
6.0% higher (2018: 48.2 pence)

Underlying basic earnings per share

Dividend per share

21.2 pence
9.3% higher (2018: 19.4 pence)

Dividend per share

Retail deposits

£6.4 billion
20.7% higher (2018: £5.3 billion)

Retail deposits

For enquires about the results

Investors and analysts

Media

Headland – Lucy Legh and Del Jones

Financial Calendar

*date is provisional

Full-year results
Tuesday 26 November 2019
Q1 trading update
Tuesday 28 January 2020*
AGM
Thursday 13 February 2020

Paragon Banking Group PLC.  Registered in England number 2336032.  Registered office 51 Homer Road, Solihull, West Midlands  B91 3QJ.