Banks

Strong mortgage activity in Q3

  • 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 1064c
Bank of Ireland OUTPERFORM 11/03/13 Neutral 14/08/12 1804c

DAVY VIEW

Mortgage activity continued its upward trajectory with strong momentum in both drawdowns and approvals recorded for September. While re-mortgaging growth will catch the headlines, underlying growth, particularly in first-time buyers (FTBs), remains strong and points to ongoing growth in the stock of mortgage lending.

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Oct 23 2026, 07:13 IST/BST

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