Perm Tsb Grp Share News (PTSB)

IN BRIEF: Permanent TSB quarterly net interest income rises

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.

Permanent TSB hopes to maintain momentum after tripling profit in 2023

(Alliance News) - Permanent TSB Group Holdings PLC on Thursday said it had grown underlying profits in 2023 despite a downturn in new mortgage lending, as the company also noted the successful integration of Ulster Bank's businesses.

Irish central bank allows Permanent TSB to pay dividends again

(Alliance News) - Permanent TSB Group Holdings PLC on Friday said the Central Bank of Ireland has decided it is no longer prohibited from paying out dividends to shareholders.

Permanent TSB to be identified as systemically important in Ireland

(Alliance News) - Permanent TSB Group Holdings PLC on Thursday said it was notified by the Central Bank of Ireland that it will be identified as an other systemically important institution, or O-SII, in Ireland.

AIB Group poised for future as Irish Department of Finance trims stake

(Alliance News) - AIB Group PLC on Tuesday noted that the Irish Department of Finance has trimmed its stake in the financial services company.

Permanent TSB sees customer behaviour "change" in mortgage space

(Alliance News) - Dublin-based Permanent TSB Group Holdings PLC on Wednesday said its net interest income has surged year-to-date, on rising European Central Bank interest rates, as the lender progresses with a brand overhaul.

Permanent TSB ups guidance on "higher than assumed" rate outlook

(Alliance News) - Permanent TSB Group Holdings PLC on Wednesday reported a swing to half-year profit, while its top line got a boost from rising interest rates.

UK earnings, trading statements calendar - next 7 days

UPDATE: AIB calls cut in Irish state holding to below 50% "milestone"

(Alliance News) - AIB Group PLC on Wednesday said the reduction of the Irish government's stake in the bank below 50% represents a "normalisation of the share register" and a "significant milestone".

TOP NEWS: Irish state trims AIB stake to below 50% in latest sale

(Alliance News) - The Irish government on Tuesday announced plans to cut its stake in AIB Group PLC by a further 5.0%, taking its holding below 50% for the time since the bank was bailed out in 2009 in the wake of the financial crisis.

LONDON MARKET MIDDAY: Stocks up on US debt ceiling; jobs report ahead

(Alliance News) - Stock prices in London were higher at midday on Friday, as market attention shifts to US nonfarm payrolls this afternoon, while the US debt ceiling saga draws to a close.

TOP NEWS: NatWest and Irish state sell 10% stake in Permanent TSB

(Alliance News) - NatWest Group PLC on Friday said it jointly sold 54.6 million shares in Dublin-based lender Permanent TSB Holdings PLC, alongside the Minister for Finance of Ireland, for a placing price of EUR2.025 per share.

UK shareholder meetings calendar - next 7 days

Permanent TSB first-quarter operating income surges on rising rates

(Alliance News) - Permanent TSB Group Holdings PLC on Tuesday said its first-quarter outturn was boosted by rising interest rates, though it cautioned that new lending growth will ease as the year progresses.

UK earnings, trading statements calendar - next 7 days