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Sep 2 2024, 08:31 IST/BST
Banks
AIB share buyback; Revolut mortgages; car finance
- Sectors : Banks
- Companies : permanent tsb Group | AIB 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 | 545c |
| Bank of Ireland | OUTPERFORM | 11/03/13 | Neutral | 14/08/12 | 1037c |
| permanent tsb Group | OUTPERFORM | 04/02/21 | Neutral | 06/03/19 | 160c |
DAVY VIEW
The state’s shareholding is now down to 22% in AIB Group (AIBG), with placings likely to be impacted by the upcoming Budget and a prospective election. Revolut is indicating a spring 2025 launch for mortgages in Ireland; pricing and service will be key to success.
