AIB Group

FY 2018 results preview

  • Sectors : Banks
  • Companies : AIB Group

Ratings and price correct at time of issue.

  • AIB Group

    Closing Price: 389c

  • RATING 23/01/19

  • PREVIOUS RATING 14/08/18

    NEUTRAL

DAVY VIEW

AIB will report FY 2018 results on March 1st with loan growth, non-performing exposure (NPE) reduction and capital requirements the key focus in our view. Focus on the magnitude and timing of surplus capital return will grow through the course of 2019, backed by NPE reduction, but we expect a strong solvency position to facilitate a further ramp-up in the dividend with results. Despite executive change, we do not expect any significant shift in strategy to emerge.

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Feb 18 2019, 07:20 GMT

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