Banks

Quarterly updates in time of coronavirus

  • Sectors : Banks
  • Companies : AIB Group | permanent tsb Group | Bank of Ireland

Ratings

Ratings and price correct at time of issue

Company Rating Date Previous Rating Date Closing Price
AIB Group OUTPERFORM 23/01/19 Neutral 14/08/18 116c
Bank of Ireland OUTPERFORM 11/03/13 Neutral 14/08/12 173c
permanent tsb Group NEUTRAL 06/03/19 Outperform 01/08/18 50.8c

DAVY VIEW

Q1 trading updates will be set against the backdrop of unprecedented uncertainties and extraordinary supports from governments and regulatory authorities. The longer-term impact of COVID-19 will be determined by the timelines over which business activity and employment levels begin to recover. Q1 updates will not answer these questions; rather, they will contextualise the respective starting positions from loan book and capital perspectives.

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May 6 2020, 06:30 IST/BST

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