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Paragon Banking Group PLC ( (GB:PAG) ) has shared an announcement.
Paragon Banking Group PLC reported that trading for the first quarter of its 2025/26 financial year was in line with expectations, allowing it to reiterate full-year guidance. Total lending rose 6.9% to £724 million, driven by a 17.6% increase in Commercial Lending advances and stable buy-to-let volumes, while the buy-to-let pipeline grew 4.4% year-on-year and net loan balances expanded 3.9% to £16.5 billion. The Spring digital savings app continued to gain traction, with deposits rising to over £0.8 billion, even as the wider retail deposit book contracted and overall deposits fell 3.3% to £15.9 billion amid a strategic shift toward more diverse funding, including wholesale markets. Paragon also commenced its £50 million 2026 share buy-back, executing £11.8 million in Q1, and maintained strong unverified capital ratios with CET1 at 13.3% and total capital at 15.0%, underpinning unchanged guidance for FY26 on net interest margin, new business volumes, operating costs and returns on tangible equity.
The most recent analyst rating on (GB:PAG) stock is a Buy with a £1060.00 price target. To see the full list of analyst forecasts on Paragon Banking Group PLC stock, see the GB:PAG Stock Forecast page.
Spark’s Take on GB:PAG Stock
According to Spark, TipRanks’ AI Analyst, GB:PAG is a Neutral.
Overall score reflects attractive valuation (low P/E and high dividend yield) and supportive technical positioning above major moving averages. These positives are tempered by financial risks from rising leverage and notable volatility in revenue and cash flow, which reduce confidence in the stability of recent performance.
To see Spark’s full report on GB:PAG stock, click here.
More about Paragon Banking Group PLC
Paragon Banking Group PLC is a UK-based specialist banking group focused on buy-to-let mortgage lending, commercial lending and savings products. The group has been expanding its digital capabilities, notably through its Spring savings app, while also diversifying its funding structure between retail deposits and wholesale markets.
Average Trading Volume: 483,399
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.69B
For detailed information about PAG stock, go to TipRanks’ Stock Analysis page.