Mar 28 2025
Financials
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Banks
Mortgage approvals up on average value increases
While the value of mortgage approvals continued to rise in February, this is almost all related to increases in average approvals with the number of approvals tracking downwards. This is...
IRES REIT
Debt refinancing
IRES has announced the successful refinancing of its €500m revolving credit facility (RCF) with an additional €200m accordion facility. The overall cost of the RCF of around 3.8% is...
permanent tsb Group
Post-FY24 model update
PTSB has set out a path to higher returns by 2027. The pathway, which does not include any benefit from lower risk weighted assets (RWAs), is anchored to growth in lending,...
AIB Group
Post-FY24 model update
The state should soon complete its AIBG sell-down, the pace of which has been facilitated by stronger-than-anticipated profitability and capital generation. In the coming years, lending...
Harworth Group
Strength of delivery leaves Harworth well-positioned for 2025 and beyond
2024 was another solid year for Harworth with group EPRA NDV £719.5m at year-end (Davy: £712.2m). We continue to believe that the group is well-positioned to reach its target of £1bn...
Banks
January mortgage approvals
January mortgage approvals remained strong across most categories, but first-time buyer (FTB) approval volumes dipped slightly – reflecting constraints from rising mortgage sizes....
FBD Holdings
FY 2024 results: continued delivery
2024 again demonstrated success against FBD’s key priorities. This is evident in strong growth in gross written premium and policy numbers and ongoing capital returns. Post Storm...
AIB Group
Results and distributions ahead with 2025 upgrade
AIB has reported another strong set of results for FY 2024 with highlights of better income and impairments, good lending momentum and material distributions. The proposed buyback will...
permanent tsb Group
FY 24 results: good momentum in H2
PTSB continues to demonstrate progress towards higher returns, with a notable increase in business activity in H2 2024 evident. 2025 is a year of transition, but the new medium-term...
Bank of Ireland
Post FY24 model update
Bank of Ireland (BIRG) has set out its strategy as it navigates lower official interest rates. Meaningful growth in Ireland and cost ambition will deliver growing returns. BIRG’s model is...
