8th May 2024 11:39
Permanent TSB Group Holdings PLC - Dublin-based financial services provider, in which the Irish Government holds a 57% stake - Maintains a strong capital position, with CET1 capital ratio of 14% at March 31. Says net interest income in the first quarter of 2024 is 10% higher year-on-year, which gross interest income increasing by 37% due to higher interest rates. Adds that total operating income for the quarter is around 9% higher year-on-year to EUR167 million. Looking ahead, says it is in a good position to deliver on its ambition to be the best personal and business bank.
Current stock price: EUR1.53, up 1.7%
12-month change: down 32%
By Sabrina Penty, Alliance News reporter
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