Dec 3 2024
Financials
Recent Research
AIB Group, Inaugural SRT completed
Nov 25 2024
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Banks
October mortgage approvals
October mortgage approvals once again demonstrate robust activity levels, with increases across all approval categories. The impact of falling interest rates and probable increases in...
AIB Group
Inaugural SRT completed
The execution of AIB Group’s (AIBG) first Significant Risk Transfer (SRT) is a welcome addition to its capital management tools, particularly in the context of an elevated risk weighted...
IRES REIT
Trading statement reflects positive momentum
IRES has provided a trading update covering its Q3 to end September. Occupancy remains extremely high, driven by the supply/demand imbalance, and margins are positive. IRES is ahead of...
Banks
Further mortgage rate cuts; political manifestos
While increases in mortgage rates lagged during the hiking part of the ECB cycle, this is not the case during the current easing phase; albeit we expect rates to stabilise during the...
REITS
Irish government funds report reviews the critical role of institutional investors
Ireland’s Department of Finance recently published a report reviewing the funds sector (Irish funds review). In this note, we review a specific section of the report that focuses on...
AIB Group
Strong lending and capital performance
AIB Group (AIBG) has reported a strong Q3 with robust lending growth and a strong capital position. Except for increased loan growth, 2024 guidance is re-iterated and the capital...
Bank of Ireland
Strong business momentum and capital generation
Strong growth in customer lending, AUM and capital generation are the key highlights of Bank of Ireland’s (BIRG) Q3 update – demonstrating ongoing execution of strategy. The group...
permanent tsb Group
Recovery in mortgage activity; rate challenges beyond 2024
PTSB’s trading update demonstrates a recovery in lending volumes and a robust capital position and asset quality picture. All should continue to be supportive into 2025. The company...
Banks
Increased mortgage activity in Q3
The mortgage market continues to demonstrate recovery with increases across both drawdowns and approvals. While the mortgage market remains constrained by supply, recent increases...
General Insurance
Trends in private motor insurance
The report from the Central Bank of Ireland is unsurprising but provides further details and context on private motor insurance in Ireland. Changes in the market coming out of COVID...
