Paragon Banking Group PLC (PAG.L) reported that its fiscal year statutory profit before tax fell by 52.2% to 199.9 million pounds, reflecting the unwinding of non-cash accounting fair value gains reported in prior year. Reported EPS fell 46.8% to 68.7 pence. Underlying profit before fair value items increased by 25.4% to 277.6 million pounds. Underlying EPS increased 34.8% to 94.2 pence.
For the year ended 30 September 2023, total new lending was 3.01 billion pounds compared to 3.21 billion pounds, last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.