Download full report with analyst certification and important disclosures
Oct 25 2024, 07:05 IST/BST
Banks
Increased mortgage activity in Q3
- 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 | 493c |
| Bank of Ireland | OUTPERFORM | 11/03/13 | Neutral | 14/08/12 | 891c |
| permanent tsb Group | OUTPERFORM | 04/02/21 | Neutral | 06/03/19 | 159c |
DAVY VIEW
The mortgage market continues to demonstrate recovery with increases across both drawdowns and approvals. While the mortgage market remains constrained by supply, recent increases in housing completions and commencements should be positive, and interest rates now falling should also benefit sentiment in the existing home market.
