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Paragon upgrades its buybacks to £100mn

The niche banking firm looks to be on the upswing after a strong first half
June 5, 2024
  • Buybacks lifted to £100mn
  • Margin expansion and deposit growth fuels profits

Investors now have a first look at how banking is performing away from the high street in 2024 via interim results from specialist lender Paragon (PAG) unveiled interim results that were strong enough to trigger upgrades across the board. In a sign of confidence, the bank also doubled its expected share buyback programme this year to £100mn.

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