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Dec 4 2025, 07:00 GMT
Banks
October deposit growth and positive rate dynamics
- Sectors : Banks
- Companies : 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 | 885c |
| Bank of Ireland | OUTPERFORM | 11/03/13 | Neutral | 14/08/12 | 1608c |
DAVY VIEW
October deposit volumes saw continued growth with particularly strong monthly growth. This may reflect statistical collection changes, but the underlying trend still points to positive momentum and a preference to overnight accounts. Deposit rates edged lower, extending the recent trend, while mortgage rates held steady, reinforcing a stable pricing environment. Combined with easing deposit costs, this points to margin tailwinds ahead.
