Paragon Financial Solutions Declares Cash Dividend

Rhea-AI Summary

Paragon Financial Solutions (OTC: PGNN) declared a cash dividend of $0.50 per share on its common stock. The dividend is payable on August 24, 2026 to shareholders of record as of August 10, 2026.

According to Paragon Financial Solutions, this decision reflects continued earnings strength, with total assets of $907.8 million, net income of $3,901,747 as of June 30, 2026, and regulatory capital ratios reported as well above required thresholds.

Positive

• $0.50 per share cash dividend declared on common stock
• $907.8 million in total assets as of June 30, 2026
• $3,901,747 net income reported as of June 30, 2026
• Regulatory capital ratios described as well above required thresholds

Negative

• None.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

MEMPHIS, Tenn., July 27, 2026 /PRNewswire/ -- The Board of Directors of Paragon Financial Solutions (OTC: PGNN), the parent company of Paragon Bank, has declared a cash dividend of $0.50 per share on its common stock. The dividend is payable on August 24, 2026, to shareholders of record as of August 10, 2026.

"This dividend reflects what we have built over twenty years — a bank with a strong financial foundation and a clear sense of where we are going," said Robert Shaw, President and CEO. "We do not take lightly the trust our shareholders place in us, and decisions like this one are how we honor it."

The Board's action reflects Paragon's continued earnings strength and sound capital position. As of June 30, 2026, the company reported total assets of $907.8 million, net income of $3,901,747, and regulatory capital ratios that remain well above required thresholds.

"We are growing — new markets, new relationships, new bankers who carry this culture into communities that have not yet seen what Paragon can do," Shaw added. "The fundamentals that made this dividend possible are the same ones that will carry this institution forward."

About Paragon Bank
Paragon Bank was founded in Memphis in 2005 on a single conviction: that banking should be personal, and that the people who do it should be decision-makers, not order-takers. Nearly two decades later, that conviction still governs how every banker in every one of our eight banking centers operates — in Memphis, TN, Oxford, MS, Atlanta, GA, Wilmington, NC and Jackson, TN, with a loan production office in Franklin, TN.

Paragon has been named a Best Place to Work, Best Bank to Work For, and Top Workplace eight consecutive years. This recognition reflects a culture built on the belief that if we take care of our people, our people take care of our customers — and our customers stay for life.
People you know. Solutions that work.

For more information, contact Paragon Bank at 901.273.2900, toll free at 866.504.5556, or visit bankparagon.com.

Contact: Laura Falls
Laura.falls@bankparagon.com
901.322.0623

View original content to download multimedia:https://www.prnewswire.com/news-releases/paragon-financial-solutions-declares-cash-dividend-302834470.html

SOURCE Paragon Bank

FAQ

What dividend did Paragon Financial Solutions (PGNN) declare on July 27, 2026?

Paragon Financial Solutions declared a $0.50 per share cash dividend on its common stock. According to Paragon Financial Solutions, this dividend reflects the bank’s financial strength, built over twenty years, and its confidence in ongoing performance and capital position.

When is the Paragon Financial Solutions (PGNN) dividend payable and what is the record date?

The dividend is payable on August 24, 2026 to shareholders of record on August 10, 2026. According to Paragon Financial Solutions, investors must be on the shareholder register by the record date to receive the cash dividend payment.

How strong are Paragon Financial Solutions’ financials supporting the 2026 dividend for PGNN shareholders?

Paragon Financial Solutions reported $907.8 million in total assets and $3,901,747 in net income. According to Paragon Financial Solutions, regulatory capital ratios remain well above required thresholds, supporting the board’s decision to declare the $0.50 per share cash dividend.

What does the Paragon Financial Solutions (PGNN) cash dividend indicate about its capital position?

The dividend indicates Paragon Financial Solutions views its capital position as strong and above requirements. According to Paragon Financial Solutions, regulatory capital ratios are well above required thresholds, and the board linked the dividend decision to this sound capital base and ongoing earnings strength.

How does Paragon Financial Solutions describe the strategic context for its 2026 PGNN dividend?

Paragon Financial Solutions ties the dividend to twenty years of building a strong financial foundation. According to Paragon Financial Solutions, the same fundamentals behind the dividend also support growth in new markets, new relationships, and expansion with bankers carrying its culture into more communities.