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Nov 5 2024, 07:31 GMT
AIB Group
Strong lending and capital performance
DAVY VIEW
AIB Group (AIBG) has reported a strong Q3 with robust lending growth and a strong capital position. Except for increased loan growth, 2024 guidance is re-iterated and the capital position points to total distributions from 2024 to exceed 100% of earnings. In line with expectations, detailed guidance is restricted to 2024. However, commentary regarding deposit, lending and structural hedge provide re-assurance on 2025 and we don’t anticipate material changes to our forecasts arising from Q3.
