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We are a UK specialist bank. Our lending products include mortgages for landlords and loans for business customers.
We use our specialist expertise to help our customers achieve their ambitions.
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.
A positive start to the new year.
Sustainability is central to our long-term success and it influences every aspect of our business
Sharing the progress we made in 2023 on key environmental, social and governance issues
Keep up-to-date with the latest new releases and insights from across our business.
Private Rented Sector supports over390,000 jobs across UK.
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.
We offer a range of apprenticeship and internship positions to get people started on their career.
The strength of the business model and through-the-cycle experience of the management team provides strong foundations to capitalise on opportunities and continue to deliver strong returns for shareholders.
Nigel TerringtonChief Executive
Wednesday, 06/12/2023
Underlying profit before tax* (2022: £221.4 million)
Underlying return on tangible equity* (2022: 16.0%)
Dividend per share +30.8%
New lending (2022: £3.2 billion)
Total loan book (2022: £14.2 billion)
Savings deposits (2022: £10.7 billion)
*For underlying basis, see Appendix A of full year results announcement
10.2% new lending CAGR since 2015
Commercial Lending 37.5% of Group’s 2023 new lending
Technology transformation accelerating
£483 million share buy-backs since 2015
42% reduction in our market-based emissions compared to 2019 baseline
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Paragon – Nicola Foster and Kathryn Rhinds
0345 849 4003
[email protected]
Headland – Lucy Legh and Charlie Twigg
020 3805 4822
Paragon Banking Group PLC is a specialist finance provider. We offer a range of savings and lending products in the UK through Paragon Bank PLC.