Paragon Commercial

Paragon Commercial Corporation is the holding company for Paragon Bank, serving small and middle-market companies, nonprofits, trade associations, property owners associations, law firms, title companies, and private banking clients in the Raleigh and Charlotte metropolitan markets of North Carolina. The Bank offers online and mobile banking services, business checking, nonprofit checking, certificates of deposit, business debit cards, safe deposit boxes, merchant services, wire transfers and courier service, among others. Paragon Bank also provides a range of wealth management services, including business retirement plans, 401k plans, self-employed retirement plans, buy sell agreements, and succession and exit planning. In addition, the Bank offers various loans, such as construction and land development loans, commercial real estate loans, commercial and industrial loans, and consumer and other loans.

Company Growth (employees)
Type
Public
HQ
Raleigh, US
Founded
2001
Size (employees)
144 (est)+2%
Paragon Commercial was founded in 2001 and is headquartered in Raleigh, US

Paragon Commercial Office Locations

Paragon Commercial has offices in Raleigh, Charlotte and Cary
Raleigh, US (HQ)
3535 Glenwood Ave
Cary, US
110 5000 Valleystone Dr
Charlotte, US
6337 Morrison Blvd

Paragon Commercial Data and Metrics

Paragon Commercial Financial Metrics

Paragon Commercial's revenue was reported to be $15.1 m in Q1, 2017
USD

Revenue (Q1, 2017)

15.1 m

Gross profit (Q1, 2017)

12.8 m

Gross profit margin (Q1, 2017), %

85%

Net income (Q1, 2017)

3.4 m

EBIT (Q1, 2017)

12.2 m

Market capitalization (15-Sep-2017)

282.2 m
Paragon Commercial's current market capitalization is $282.2 m.
USDFY, 2016

Revenue

55.5 m

Cost of goods sold

8.1 m

Gross profit

47.3 m

Gross profit Margin, %

85%
USDQ2, 2016Q3, 2016Q1, 2017

Revenue

13.7 m14.3 m15.1 m

Cost of goods sold

2 m2.1 m2.3 m

Gross profit

11.7 m12.2 m12.8 m

Gross profit Margin, %

86%85%85%
USDFY, 2016

Accounts Receivable

4.4 m

Total Assets

1.5 b

Accounts Payable

6 m

Short-term debt

18.6 m
USDQ2, 2016Q3, 2016Q1, 2017

Total Assets

1.5 b1.5 b1.6 b

Accounts Payable

1.1 b1.2 b1.3 b

Short-term debt

18.6 m18.6 m18.6 m

Long-term debt

175 m100 m
USDFY, 2016

Net Income

13.4 m

Depreciation and Amortization

1.4 m

Cash From Operating Activities

13.5 m

Cash From Investing Activities

(211.8 m)
USDQ2, 2016Q3, 2016Q1, 2017

Net Income

6.3 m9.8 m3.4 m

Depreciation and Amortization

711 k1.1 m359 k

Cash From Operating Activities

7.3 m10.5 m4.2 m

Cash From Investing Activities

(103.9 m)(154.6 m)(32.8 m)
USDY, 2017

Revenue/Employee

106.6 k

Financial Leverage

11.1 x
Show all financial metrics

Paragon Commercial Operating Metrics

Paragon Commercial's Total Loans Issued was reported to be $1.3 b in Q2, 2017
FY, 2014FY, 2015Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Total Loans Issued

$868.41 m€1.02 b$1.1 b$1.16 b$1.19 b$1.23 b$1.34 b

Non-performing Loans

$420 k$513 k$1.22 m$948 k$968 k$500 k$492 k
Show all operating metrics

Paragon Commercial Market Value History

Traffic Overview of Paragon Commercial

Paragon Commercial Online and Social Media Presence

Paragon Commercial News and Updates

REFILE-UPDATE 2-First Hawaiian bank raises $485 million in IPO

Aug 3 (Reuters) - First Hawaiian Inc, the Honolulu-based bank controlled by France's BNP Paribas SA , said on Wednesday it had raised $485 million in an initial public offering (IPO), giving it a market valuation of about $3.21 billion.

Paragon Commercial Company Life and Culture

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