Paragon Banking Group PLC (LON: PAG)

Paragon Banking Group Income Statement

Financials in millions GBP. Fiscal year is October - September.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Interest and Dividend Income	1,315	1,011	545.7	443.5	491.7
Total Interest Expense	826.4	576.4	146.6	125	211.2
Net Interest Income	488.3	434.2	399.1	318.5	280.5
Gain (Loss) on Sale of Investments	-	-	4.6	-	-
Other Revenue	37.4	38.9	37.2	31.3	33.2
Revenue Before Loan Losses	525.7	473.1	440.9	349.8	313.7
Provision for Loan Losses	24.5	18	14	-4.7	48.3
Revenue	501.2	455.1	426.9	354.5	265.4
Revenue Growth (YoY)	10.13%	6.61%	20.42%	33.57%	-16.12%
Salaries & Employee Benefits	-	-	0.2	0.3	0.4
Cost of Services Provided	203.4	187.6	173	152.3	143
Other Operating Expenses	0.9	1.2	1	1.4	2
Total Operating Expenses	204.3	188.8	174.2	154	145.4
Operating Income	296.9	266.3	252.7	200.5	120
EBT Excluding Unusual Items	253.8	204.5	417.9	213.7	118.4
Restructuring Charges	-	-4.6	-	-	-
Pretax Income	253.8	199.9	417.9	213.7	118.4
Income Tax Expense	67.8	46	104.3	49.2	27.1
Net Income	186	153.9	313.6	164.5	91.3
Net Income to Common	186	153.9	313.6	164.5	91.3
Net Income Growth	20.86%	-50.92%	90.64%	80.18%	-28.34%
Shares Outstanding (Basic)	210	224	243	252	254
Shares Outstanding (Diluted)	218	232	249	261	256
Shares Change (YoY)	-5.90%	-6.82%	-4.63%	1.99%	-3.10%
EPS (Basic)	0.89	0.69	1.29	0.65	0.36
EPS (Diluted)	0.85	0.66	1.26	0.63	0.36
EPS Growth	28.51%	-47.34%	99.84%	76.97%	-26.14%
Free Cash Flow	2,216	2,170	1,167	876.2	1,027
Free Cash Flow Per Share	10.14	9.35	4.69	3.35	4.01
Dividend Per Share	0.404	0.374	0.286	0.261	0.144
Dividend Growth	8.02%	30.77%	9.58%	81.25%	-32.08%
Operating Margin	59.24%	58.51%	59.19%	56.56%	45.21%
Profit Margin	37.11%	33.82%	73.46%	46.40%	34.40%
Free Cash Flow Margin	442.04%	476.84%	273.46%	247.17%	386.89%
Effective Tax Rate	26.71%	23.01%	24.96%	23.02%	22.89%

Source: S&P Capital IQ. Financial Services template. Financial Sources.