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Aug 29 2025, 07:02 IST/BST
Banks
July mortgage approvals: strength to strength
- Sectors : Banks
- Companies : permanent tsb Group | AIB Group | Bank of Ireland
Ratings
Ratings and price correct at time of issue
| Company | Rating | Date | Previous Rating | Date | Closing Price |
|---|---|---|---|---|---|
| AIB Group | OUTPERFORM | 23/01/19 | Neutral | 14/08/18 | 700c |
| Bank of Ireland | OUTPERFORM | 11/03/13 | Neutral | 14/08/12 | 1292c |
| permanent tsb Group | OUTPERFORM | 04/02/21 | Neutral | 06/03/19 | 227c |
DAVY VIEW
The value of mortgage approvals reached record levels on a rolling 12-month basis, underlining the continued strength of the market. First-time buyers (FTBs) posted further year-on-year (yoy) growth and remain the market’s primary driver, with other segments also showing positive momentum. This again demonstrates robust demand and no changes to our FY 2025 forecasts.
