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Jul 31 2025, 07:04 IST/BST
permanent tsb Group
H1 2025: strong business momentum
- Sectors : Banks
- Companies : permanent tsb Group
DAVY VIEW
PTSB continues to demonstrate strong progress with good activity in customer lending and deposits and the commencement of its voluntary severance programme. Underlying profitability is modestly ahead (largely timing), with 2025 guidance reiterated and distributions expected to commence in 2026. As the outcome of its Mortgage IRB model review is awaited, PTSB continues to deliver against its stated objectives.
