Paragon slashes dividend as profits fall on Covid impact
(Sharecast News) - Lender Paragon Bank paid a reduced dividend as it set aside £48m for bad debts due to the Covid-19 pandemic and reported lower in annual profits.
Read moreTue, 08th Dec 2020 15:15
(Sharecast News) - Lender Paragon Bank paid a reduced dividend as it set aside £48m for bad debts due to the Covid-19 pandemic and reported lower in annual profits.
Read more(Sharecast News) - Investors will be focused on a raft of survey results for the global services sector on Thursday.
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Read more(Sharecast News) - Analysts at Citi reiterated their 'buy' stance on several of the UK's largest lenders, citing the likely resumption of dividend payments from February 2021 onwards among some of the positives for the group.
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Read more(Sharecast News) - Mortgage lender Paragon Banking said reported payment deferrals on 21% of its loan balances during the coronavirus crisis.
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Read more(Sharecast News) - Paragon: Canaccord upgrades to buy with a target price of 454.0p.
Read moreParagon Banking Interim Profit Hit By Covid-19 Charge
Read more(Sharecast News) - Paragon Banking Group reported an underlying profit £57.2m in its first half on Wednesday, down from £79.8m year-on-year, as its statutory profit before tax slid to £57.1m from £72m.
Read more(Sharecast News) - The market spotlight on Wednesday will be on the US central bank's outlook for the US and global economy and hence for monetary policy.
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