Bank of Ireland Group plc (BIRG.IR)
| Previous Close | 9.21 |
| Open | 9.20 |
| Bid | 9.18 x 0 |
| Ask | 9.18 x 0 |
| Day's Range | 9.09 - 9.24 |
| 52 Week Range | 7.73 - 10.80 |
| Volume | |
| Avg. Volume | 1,927,339 |
| Market Cap | 9.245B |
| Beta (5Y Monthly) | 1.15 |
| PE Ratio (TTM) | 6.26 |
| EPS (TTM) | 1.47 |
| Earnings Date | Jul 31, 2024 |
| Forward Dividend & Yield | 0.70 (7.60%) |
| Ex-Dividend Date | Oct 10, 2024 |
| 1y Target Est | 9.50 |
ReutersBank of Ireland H1 profit up 5%, raises income guidance again
Bank of Ireland reported a better than expected 5% rise in first half pretax profit on Wednesday and lifted its net interest income guidance for 2024 for the second time this year. Ireland's biggest lender said it expects net interest income of 3.55 billion for 2024, at the higher end of its previously upgraded guidance from May and that it also expects to generate more capital that previously flagged. Ireland's highly concentrated sector of mainly retail-focussed lenders make more of their profit through interest revenue than European peers.
ReutersBank of Ireland to wind down British corporate lending business
Bank of Ireland plans to wind down its 2 billion euro ($2.17 billion) corporate lending business in Britain, in its latest retreat from the market which it said on Wednesday was aimed at generating long-term sustainable returns. Ireland's largest bank has reduced its lending assets in the UK by about a quarter since 2017 and announced the end of its partnership with UK motoring services group The AA in December, alongside a cut to its products provided via the UK Post Office. Bank of Ireland said the move will impact around 40 staff based in London and Manchester, who will be offered options including voluntary redundancy or potential redeployment.
ReutersBank of Ireland ends AA partnership, trims UK Post Office offering
DUBLIN (Reuters) -Bank of Ireland said on Tuesday that it had ended its partnership with UK motoring services group The AA and would trim its product range provided via the UK Post Office, marking a further retreat from the British market. Ireland's largest bank has reduced its lending assets in the UK by about a quarter since 2017, while at the same time trebling its underlying profit there by of focusing on "value over volume". The bank said it had extended its UK Post Office partnership for a further five years to a minimum end date of 2031 but would no longer provide Post Office branded mortgages or personal loans and focus on savings products.
