Jun 30 2026
Financials
Recent Research
Banks, Revolut’s Irish growth continues
Jun 19 2026
Banks, April mortgage approvals: modest growth
May 29 2026
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Irish banks
Banks monthly: Capital - strong growth, returns and insulation
In recent years, Irish banks have delivered attractive organic capital generation, above that of European peer levels. Sustainable capital generation is key to increased capital returns,...
XPS Group
APR acquisition; expanding capabilities into general insurance market
This morning XPS Group announced the acquisition of Austin Professional Resourcing LLP (APR). The acquisition expands XPS’ capabilities and accelerates diversification into the general...
Banks
May mortgage approvals: strong double-digit growth
May mortgage approvals were particularly strong, with double-digit growth in both value and volume. First-time buyers (FTBs) remain the primary driver. Remortgaging and top-up activity...
Banks
Revolut’s Irish growth continues
Revolut has become ubiquitous in Ireland, with high penetration of the adult population and increased activity levels. However, the data provided point to Revolut remaining a secondary...
XPS Group
FY26: strong results with modest beats on earnings
XPS delivered a strong FY26 performance, with double‑digit revenue growth, improved operating efficiency and earnings ahead of expectations, supporting dividend growth. The balance...
IRES REIT
Accelerating growth and returns drive further upgrades
We are upgrading our IRES forecasts once again. We see net tangible asset (NTA) value per share growth and EPRA EPS growth accelerating to 8% in 2027 and 2028 with potential upside....
Banks
April mortgage approvals: modest growth
Mortgage approvals in April point to modest growth, with first-time buyers (FTBs) remaining the core market driver. Mover purchase demand was slightly softer, but this was offset by...
Banks
CCyB remains unchanged
An unchanged countercyclical capital buffer (CCyB) is in line with our expectations at this point in the cycle. Most of the risks highlighted in the Financial Stability Review (FSR)...
IRES REIT
Positive AGM statement
IRES has issued a positive trading statement for Q1 2026 ahead of its AGM later today. Operating performance, as expected, continues to be very strong. The new rent regulations took...
AIB Group
CFO to depart
At one level, the departure of AIB Group (AIBG) CFO Donal Galvin will come as a surprise. AIBG has executed significant strategic initiatives, including a return to fully private ownership...
