permanent tsb Group

Broadens voluntary redundancy programme

  • Sectors : Banks
  • Companies : permanent tsb Group

Ratings and price correct at time of issue.

  • permanent tsb Group

    Closing Price: 147c

  • RATING 04/02/21

  • PREVIOUS RATING 06/03/19

    NEUTRAL

DAVY VIEW

The announcement of a broader redundancy programme will assist permanent tsb Group (PTSB) in achieving its €500m cost target by 2026. With expectations for lower interest rates across 2025, the income environment remains challenging – a point acknowledged by PTSB with its Q3 trading update.

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Dec 11 2024, 08:15 GMT

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