permanent tsb Group

Voluntary redundancy will be key driver of cost reduction

  • 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 voluntary redundancy programmes will be a critical driver to reduce absolute costs and improve the cost/income ratio. Cost reductions are an important element of improvements to return on tangible equity.

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Feb 10 2025, 07:56 GMT

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