Dec 19 2025
Financials
Recent Research
Meet your Financials Research team
AIB Group
Completes second residential mortgage SRT
AIB’s second residential mortgage significant risk transfer (SRT) is another step to generating additional capital and achieving more efficient risk weighted assets (RWAs). AIB is very...
Irish banks
Banks monthly: competition evolution
Following fundamental changes in the retail Irish banking landscape almost five years ago, competition in the market continues to evolve. We assess the market as competitive but...
XPS Group
Multi-year growth opportunities ahead
XPS delivered strong H1 results, extending its track record of double-digit revenue growth. We maintain robust revenue forecasts, while earnings are modestly impacted by higher...
Banks
October deposit growth and positive rate dynamics
October deposit volumes saw continued growth with particularly strong monthly growth. This may reflect statistical collection changes, but the underlying trend still points to positive...
Banks
October mortgage approvals: trends remain strong despite softer volumes
Mortgage approval values hit a record on a rolling 12-month basis, reinforcing the strength of long-term market trends despite softer volumes in October. First-time buyers (FTBs)...
Banks
Bank of Ireland to launch housing bridging loans
The launch of a bridging loan by Bank of Ireland expands a market that was absent until late-2024. With liquidity in the Irish housing market low, the greater availability of such...
IRES REIT
Upgrades to forecasts highlight the opportunity
As indicated following the Q3 trading statement, we are upgrading our earnings and net tangible asset (NTA) forecasts due to stronger expected organic growth from the proposed...
IRES REIT
Positive trading update
IRES has published a trading statement for Q3 2025, reflecting strong operating performance and good progress in its disposal programme, which has achieved better-than-expected...
XPS Group
HY results: strong growth with continued investment offset
XPS reported strong half-year results, delivering solid revenue and profit growth. Underlying EBITDA remained resilient, though marginally below expectations due to continued investment...
Banks
Unchanged domestic capital buffers
Domestic capital buffers remaining unchanged will not come as a surprise as conditions have not changed materially since the last review in June 2025. Domestic Irish buffers remain above...
