Bank of Ireland

Completion of Davy acquisition

  • Sectors : Banks
  • Companies : Bank of Ireland

Ratings and price correct at time of issue.

  • Bank of Ireland

    Closing Price: 630c

  • RATING 11/03/13

  • PREVIOUS RATING 14/08/12

    NEUTRAL

DAVY VIEW

The completion of the Davy acquisition marks further execution of Bank of Ireland’s (BOI) strategy and provides a material increase in wealth assets under management and a leading presence in capital markets in Ireland. Acquisitions will provide a material earnings uplift into 2023 together with scale benefits from a larger mortgage portfolio and wealth assets under management.

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Jun 1 2022, 08:25 IST/BST

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