Download full report with analyst certification and important disclosures
Sep 25 2026, 08:03 IST/BST
Banks
August mortgage approvals – strong growth continues
- Sectors : Banks
- Companies : 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 | 1152c |
| Bank of Ireland | OUTPERFORM | 11/03/13 | Neutral | 14/08/12 | 1979c |
DAVY VIEW
August mortgage approvals remained firmly on an upward trajectory, with double-digit growth in both value and volume. First-time buyers (FTBs) continue to underpin market activity. Mover purchase approvals rebounded strongly but remain a volatile segment. Remortgaging and top-up activity maintained their accelerated pace of growth. Recent approvals data point to a strong pipeline and support confidence in our drawdown forecast.
