permanent tsb Group (PTSB.I, PTSB ID)
- 1580.5
- 545.0
- 35.5
Company Profile
FOLLOWING THE ANNOUNCEMENT BY PERMANENT TSB GROUP HOLDINGS PLC (PTSB) THAT IT INTENDS TO CONDUCT A FORMAL SALE PROCESS, PTSB IS DEEMED TO BE IN AN OFFER PERIOD FOR THE PURPOSE OF THE IRISH TAKEOVER RULES. DAVY IS BROKER TO PTSB; ACCORDINGLY, WE ARE DEEMED TO BE ACTING IN CONCERT TO PTSB IN THIS INSTANCE AND RESTRICTIONS ON RESEARCH HAVE BEEN APPLIED. PTSB is a domestic-focused Irish retail bank, offering a broad range of products to households and SMEs, including residential mortgages, term loans, current accounts and deposits, credit cards and overdrafts. The transformational acquisition of mortgages and SME loans, the asset finance business and branches from Ulster Bank Ireland have added scale to PTSB's operations following successful deleveraging of non-performing loans. At June 30th 2024, PTSB's balance sheet totalled â¬29bn with net loans of â¬19.7bn and deposits of â¬23.6bn.
| Major Shareholders | % |
| Government of Ireland | 57.4 |
| Sretaw Private Equity Unlimited | 7.0 |
| Goldman Sachs Group | 6.8 |
| Wellington Management Group | 6.0 |
| FIL Limited | 4.2 |
