Apr 10 2024
Financials
Recent Research
FBD Holdings, Certainty on personal injuries
Apr 10 2024
Meet your Financials Research team
Banks
Bank of Ireland introduces BER-tailored mortgage rates
The introduction of mortgage rates tailored to the energy rating of a house is a logical extension of green mortgage products and acknowledges that not all properties will be capable...
FBD Holdings
Certainty on personal injuries
The Supreme Court judgement will provide important certainty for personal injury claims. The length of time to settle claims has slowed as claimants awaited the outcome of the...
Banks
AIBG mortgage rate cuts; credit union capacity
Green mortgage lending is a particularly vibrant part of the market at present and one where banks are likely to continue to focus attention due to (a) priorities to green balance...
Banks
Strong first-time buyer mortgage approvals
Continuing a trend evident for a number of months, the first-time buyer (FTB) segment continued to perform strongly in February while the other key segments (movers and switchers)...
Harworth Group
Another year of consistent delivery
Harworth Group has shown another year of consistent delivery, with EPRA NDV per share significantly ahead of consensus. With EPRA NDV at £663m, the group remains on track and...
FBD Holdings
Strong 2023; €1 per share ordinary dividend
2023 was a strong year for FBD with the company executing on its strategic objectives. Growing policy numbers and strong retention resulted in growth in gross written premiums. Profit...
AIB Group
FY 2023: modestly ahead; €1.7bn total distribution
AIBG has reported FY 2023 results and a 2024 outlook that are broadly in line with Davy and consensus expectations. Distributions of €1.7bn are materially ahead, including a €1bn...
Banks
PTSB rating upgrade; banks’ balance sheets; mortgage approvals
The upgrade of PTSB to BBB- by Fitch results in PTSB having two agencies with investment grade. This should attract further fixed income investors, some of whom require two...
Bank of Ireland
FY 2023: weaker profit and outlook; strong distributions
Bank of Ireland’s (BIRG) 2023 profitability and a conservative 2024 outlook are behind both Davy and market expectations. We are likely to lower our forecast underlying profit before...
FBD Holdings
Better outcome for 2023
FBD will report a strong FY 2023 outcome based on a favourable prior year development, providing further evidence of its conservative approach to claims. This increases the capital...
