Sep 12 2024
Financials
Recent Research
permanent tsb Group, CFO departure announced
Aug 30 2024
Banks, Strong growth in July mortgage approvals
Aug 28 2024
FBD Holdings, H1 2024: continued delivery
Aug 9 2024
Meet your Financials Research team
Harworth Group
Another positive H1 period, well positioned for the remainder of year
Harworth Group has displayed another strong six months of delivery, with the interim result revealing that end-June EPRA NDV was £687m. The result is 3.5% ahead of the FY 2023 value...
Banks
AIB share buyback; Revolut mortgages; car finance
The state’s shareholding is now down to 22% in AIB Group (AIBG), with placings likely to be impacted by the upcoming Budget and a prospective election. Revolut is indicating a spring 2025...
permanent tsb Group
CFO departure announced
The departure of Nicola O’Brien, Chief Financial Officer (CFO), following two years in the position is another example of the impact of crisis era pay restrictions on the domestic banking...
Banks
Strong growth in July mortgage approvals
The strong growth in July, which is the highest individual month for mortgage approvals for purchase, is a positive sign following subdued activity in recent months. First-time buyers...
FBD Holdings
H1 2024: continued delivery
FBD continues to deliver against its strategic objectives. This is evident across growth in its policy count (+4.5%), results ahead of expectations in H1 2024 and a further €1 per share...
IRES REIT
H1 2024 results and conclusion of strategic review
IRES’ H1 2024 results reflect strong underlying EPRA earnings. A 4% decline in EPRA NTA was driven by yield expansion, which has moderated. The balance sheet remains strong. The...
FBD Holdings
H1 preview: ongoing strategic progress
We expect FBD’s strategy, focusing on core areas of its franchise, to continue to deliver in H1 2024, with good growth in gross written premium (GWP). Profits will be lower as results...
AIB Group
Results beat; higher guidance; €505m buyback
Key highlights from AIB Group’s (AIBG) H1 2024 results are higher profitability (primarily income-related), increased FY 2024 guidance and a €505m buyback. Good momentum on lending and...
permanent tsb Group
Results ahead; strong capital
PTSB has reported stronger profitability and better capital than anticipated with H1 2024 results. Business activity and momentum are also beginning to increase, and FY 2024 guidance...
Bank of Ireland
Results ahead; higher interim dividend
The key standouts from Bank of Ireland’s (BIRG) H1 24 results are strong capital generation on stronger results, a higher FL CET 1 ratio and a higher interim dividend. There was also...
