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Oct 24 2025, 07:05 IST/BST
Banks
Q3 mortgage drawdowns and approvals: continued strength
- 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 | 745c |
| Bank of Ireland | OUTPERFORM | 11/03/13 | Neutral | 14/08/12 | 1321c |
| permanent tsb Group | OUTPERFORM | 04/02/21 | Neutral | 06/03/19 | 232c |
DAVY VIEW
Irish mortgaging activity remained strong in Q3, driven by first-time buyers (FTBs) and a continued rebound in re-mortgaging. Approvals continue to push record highs. With sustained momentum through 2025, we modestly upgrade our medium-term drawdown forecasts. Structural demand and refinancing tailwinds remain key supports.
