Davy Morning Equity Briefing
Jan 14, 2026
Irish banks
BAWAG reportedly in exclusive talks to acquire Finance Ireland
The Irish banking sector continues to evolve as BAWAG reportedly enters exclusive talks to acquire Finance Ireland, the country’s largest non-bank lender. The deal would strengthen BAWAG’s presence in Ireland and broaden its product offering beyond mortgages into Finance Ireland’s primary activities of car finance, property, SME and agri lending. The report reflects the ongoing shift in competitive dynamics within the Irish banking landscape.
Vistry Group
FY25 to be in line with expectations
The company has met consensus expectations for FY25 with a better margin compensating for a lower revenue outturn. FY26 is expected to see good financial progress, with government social and affordable schemes gaining traction over the course of the next 12 months.
Diploma plc
Q1 trading statement
Diploma has reported a trading statement for Q1 2026 to December 31st ahead of its AGM today reflecting continued strong momentum. Organic revenue growth in Q1 was 14%. Diploma reiterated its FY2026 guidance on organic revenue growth and margins. Four bolt-on acquisitions in Q1 also support growth.
