Paragon Banking Group PLC. Stock Analysis PAG.L

Paragon Banking Group Plc engages in the provision of finance. The company employs 1,411 full-time employees The Company’s lending products include mortgages for landlords and loans for business customers. Its lending is funded by deposits from savings customers, together with wholesale funding. The firm operates through two segments: Mortgage Lending and Commercial Lending. The Mortgage Lending segment includes the Company’s buy-to-let and owner-occupied first and second charge lending and related activities. The Commercial Lending segment includes the Company’s equipment leasing activities, development finance, structured lending, and motor finance. Its products include Buy-o-let products, Product switch, Further advance, and Refurb-to-let. The firm offers buy-to-let mortgage finance for landlords operating in the United Kingdom’s Private Rented Sector. The firm serves individuals and small businesses across the United Kingdom.