Banks

No surprises in Irish Budget; positive UK FCA motor finance consultation

  • 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 785c
Bank of Ireland OUTPERFORM 11/03/13 Neutral 14/08/12 1428c
permanent tsb Group OUTPERFORM 04/02/21 Neutral 06/03/19 220c

DAVY VIEW

The Irish Budget for 2026 contained no major surprises from a banking perspective. The continued focus on housing remains, with supportive steps aimed at improving construction viability. Separately, the Financial Conduct Authority (FCA) consultation on its motor finance redress scheme should be well received as it further narrows the potential outcomes to the lower end of its initial range.

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Oct 8 2025, 06:54 IST/BST

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