Jun 6 2025
Financials
Recent Research
FBD Holdings, Strong execution
May 16 2025
IRES REIT, Q1 trading statement
May 15 2025
AIB Group, Directed buyback executed
May 8 2025
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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...
FBD Holdings
Strong execution
FBD continues to execute its strategy strongly. This is evident via ongoing increases in gross written premium (GWP) across its business lines and cash returns via ordinary and special...
IRES REIT
Q1 trading statement
IRES has released a trading statement for the three months to the end of March ahead of its AGM later today. This reflects extremely strong occupancy and rent collection and a...
Banks
Goldman Sachs may enter Irish deposit market
While the banking market has been consolidated, competition is available – albeit with limited impact to date. Compared to euro area averages, Irish households prefer to retain...
AIB Group
Directed buyback executed
AIB Group (AIBG) has executed its directed share buyback with the Minister for Finance at less than a 1% premium to last night’s close. As a result, the state is now set to fully exit...
FBD Holdings
Good start to the year
This is a positive update from FBD, with a continuation in growth across all its channels of business again demonstrating the strength of the business model. Underlying underwriting...
IRES REIT
Returns profile set to materially improve
Institutional investors have only been able to achieve low returns since rent caps were introduced in 2016. This has led to low supply and the rental crisis has got worse. We expect a...
Bank of Ireland
Q1 IMS – in line; guidance reiterated
The Q1 update from Bank of Ireland (BIRG) is in line with expectations, with guidance for 2025 reiterated. Our 2025 forecasts will remain broadly intact, with some modest downside likely...
