Paragon Banking

Paragon confirms all forecasts from its half-year results and signals that short-term margin trends could develop better than expected. Loan growth in the quarter was 3.0% year-on-year, deposits fell by around £200m, and the pro-forma CET1 ratio was 13.6–13.7% including an SFS disposal effect. The bank is building teams for agricultural customers and bridge financing, which could boost loan growth by about one percentage point over the next two years. » Altro su de.investing.com

Paragon Banking Group has appointed Andrew Stewart and Rebecca McNeil as non-executive directors with effect from 1 October 2026. Stewart will be a member of the audit and risk-and-compliance committees, while McNeil will join the nominations and risk-and-compliance committee. The appointments are part of succession planning; at the same time Graeme Yorston and Barbara Ridpath will retire on 30 September 2026 after nine years. » Altro su de.investing.com

Paragon Banking Group has cancelled 8 million of its own shares, representing 4.25% of the voting rights. After the cancellation, 1,162,909 own shares remain (0.62% of the voting rights). Issued shares now total 189,404,960 and total voting rights 188,242,051; this figure can serve as the denominator for shareholders’ disclosure obligations to the FCA. » Altro su de.investing.com

The management of paragon has decided to prepare the transfer of the listing of its limited partnership shares from the regulated market (Prime Standard) to the Freiverkehr segment Scale at the Frankfurt Stock Exchange. The aim is to reduce regulatory and administrative burdens while maintaining capital market presence in Frankfurt. If the exchange confirms the admission requirements, the company aims to implement the change by Q2 2026 at the latest and will report on progress. » Altro su de.investing.com

Paragon Bank has launched a covered-bond programme worth £5 billion, for which the Financial Conduct Authority approved a prospectus on 23 February 2026. The measure is intended to diversify refinancing options in the wholesale area. The approved prospectus is available on the National Storage Mechanism; the covered bonds remain on the issuer’s balance sheet and offer investors double recourse to the issuer and the collateral pool. » Altro su de.investing.com