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Permanent TSB Reports Strong Q3 Performance and Future Growth Plans

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Permanent TSB Reports Strong Q3 Performance and Future Growth Plans

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The latest update is out from permanent tsb Group Holdings ( (GB:PTSB) ).

Permanent TSB Group Holdings plc reported strong performance in Q3 2025, with growth in deposits, mortgage, and business banking books. The bank’s new mortgage lending increased by 64% to €2.1 billion, and it maintained a robust capital position with a CET1 ratio of 15.5%. Despite a 4% decrease in total operating income, the bank is on track to meet its cost target of €525 million for the year. The bank plans to restart dividend payments next year and aims for a return on tangible equity of around 9% by 2027 and 11% by 2028. Enhancements in consumer term lending and competitive mortgage rates are part of its strategy to remain competitive and grow its market share.

More about permanent tsb Group Holdings

Permanent TSB Group Holdings plc operates in the banking industry, offering a range of financial services including mortgage lending, business banking, and consumer finance. The company focuses on the Irish market, with a significant emphasis on supporting customers’ transition to a low-carbon economy through green mortgage lending.

Learn more about PTSB stock on TipRanks’ Stock Analysis page.

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