Paragon Banking Group (LON:PAG) reported what Chief Executive Nigel Terrington called “another strong financial and operational performance” for the first half of 2026, citing resilient margins, loan growth, tight cost control and strong capital generation despite market volatility.
The specialist lender posted underlying operating profit of GBP 146 million, with underlying earnings per share up 2.9% and return on tangible equity of 17.4%. Terrington said the results reflected “the resilience of our business model and the strength of our franchises” in an environment marked by heightened uncertainty and financial market volatility.