We are a UK specialist bank. Our lending products include mortgages for landlords and loans for business customers.

Our purpose is to support the ambitions of the people and businesses of the UK by delivering specialist financial services.

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Investors

Our strategy is to build a specialist bank for our customers, which delivers sustainable growth and shareholder returns through a low risk and robust model.

Overview

2022 Half year results

Strong results and considerable progress towards our strategic ambitions.

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Sustainability

Sustainability is central to our long-term success and it influences every aspect of our business

Overview

2021 Responsible Business Report

Sharing our progress on key environmental, social and governance issues.

News

Keep up-to-date with the latest new releases and insights from across our business.

Overview

Buy-to-let Landlord Report 2022

An in-depth look at UK landlords and their lettings businesses.

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Careers

We understand how important our employees are to the business and, in recognition of this, we provide a variety of excellent reasons to work for us.

Overview

Proud to be Paragon

Paragon people share why they’re proud to be part of the team.

Investors

2022 Half year results

Strong results and considerable progress towards our strategic ambitions.

Investment case

Find out what makes Paragon a unique company to invest in

For the six months ended 31 March 2022

£105.5 million

Underlying operating profit*
+27.3% increase
(H1 21: £82.9 million)

£13.9 billion

Net loan book
+8.6% increase
(H1 21: £12.8 billion)

257 basis points

Net interest margin
(H1 21: 232 basis points)

£1.49 billion

New lending
+32.2% increase
(H1 21: £1.13 billion)

£9.9 billion

Savings deposits
+14.2% increase
(H1 21: £8.6 billion)

9.4 pence

Interim dividend per share
+30.6% increase
(H1 21: 7.2 pence)

*For underlying basis, see Appendix A of Half year results announcement

These excellent results demonstrate the considerable progress we have made in fulfilling our strategic ambitions. Whilst the UK economy faces headwinds, we have a high quality loan book and we are confident in our momentum.

Nigel Terrington
Chief Executive Officer

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