An update from Bank Of Ireland Group plc ( (DE:BIRG) ) is now available.
Bank of Ireland Group plc reported a strong start to 2025, with performance and profitability aligning with expectations. The core loan book, particularly the Irish mortgage sector, saw growth, and deposits remained robust. Despite an 8% year-over-year decline in net interest income due to ECB rate cuts, total business income increased by 8%. The Group maintained a solid capital position with a CET1 ratio of 15.9%, supported by organic capital generation and Basel IV benefits. The economic outlook remains positive, with GDP and employment growth forecasts for Ireland, although potential trade dislocation risks are noted. The Group continues to focus on asset quality and capital generation while maintaining its 2025 guidance.
More about Bank Of Ireland Group plc
Bank of Ireland Group plc operates in the financial services industry, offering a range of banking and financial products including mortgages, loans, and wealth management services. The company focuses primarily on the Irish and UK markets, leveraging its strong capital position to support customers and deliver shareholder returns.
YTD Price Performance: 22.79%
Average Trading Volume: 11,145
Technical Sentiment Signal: Strong Sell
Current Market Cap: €10.11B
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