Jul 15 2025
Financials
Recent Research
AIB Group, State completes share sale
Jun 17 2025
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permanent tsb Group
NatWest disposes of remaining holding
The disposal by NatWest Group of its remaining holding removes an overhang and should improve liquidity in PTSB’s stock. PTSB is well positioned due to a range of initiatives, including...
FBD Holdings
No change in Personal Injuries Guidelines
The recommendation to not increase personal injuries award guidance applies only to the Personal Injuries Resolution Board, which may result in an increased number of cases going to...
Banks
Continued strength in May mortgage approvals
Mortgage approvals hit a new high in May, underpinned by persistent strength in first-time buyers (FTBs) and rising average loan values. While mover purchase activity was subdued,...
IRES REIT
Returns profile has materially improved
The changes announced to rent regulations fell short of the best case, leading to some consolidation in IRES’ stock. However, the ability to capture reversion will boost rent growth and...
Banks
Base remuneration restrictions to be removed
While the announcement regarding the removal of base pay restrictions is a step in the right direction and is welcomed, the continuation of restrictions on variable pay will act as a...
AIB Group
State completes share sale
The transaction will conclude the state’s sell down of its AIB Group (AIBG) share with the warrants now the remaining residual ownership interest, which we expect to be concluded...
IRES REIT
Irish government announces reforms to the rental sector
New policies in the rental market aim to increase the security of tenure for tenants and continue to restrict rent growth on existing tenancies. Other policies will improve returns and...
AIB Group
Joint venture disposal
AIB has disposed of its share in its merchant card acquiring joint venture (JV). The disposal streamlines AIB’s offering, with merchant card acquiring services increasingly a scale...
Banks
Ongoing growth in April mortgage approvals
First-time buyers continue to lead the way for mortgage approvals in April, with the overall value of approvals supported by ongoing increases in the average value of approvals and...
Harworth Group
Good progress made in year to date
Harworth Group has made a good start to FY25 and is still very much focused on achieving medium-term targets (including £1bn in net disposal value (NDV) by 2027). The update is...
