
Bank of Ireland Group plc (LSE:BIRG) has posted a robust performance for the start of 2025, with profitability and overall results in line with expectations. The bank’s core loan portfolio, especially in the Irish mortgage sector, showed growth, and deposits remained solid. Despite an 8% year-over-year drop in net interest income due to rate cuts by the European Central Bank (ECB), the bank saw a healthy 8% rise in total business income. The Group continues to maintain a strong capital position, with a Common Equity Tier 1 (CET1) ratio of 15.9%, supported by organic capital generation and Basel IV benefits. The outlook for the Irish economy remains favorable, with positive growth forecasts for GDP and employment, although potential risks from trade disruptions have been noted. The bank is focused on maintaining asset quality, generating capital, and meeting its 2025 guidance.
About Bank of Ireland Group plc
Bank of Ireland Group plc is a prominent player in the financial services industry, offering a broad range of banking products, including mortgages, loans, and wealth management services. The company primarily serves the Irish and UK markets, leveraging its solid capital position to deliver strong customer support and attractive shareholder returns.
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Year-to-Date Price Performance: 22.79%
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Average Trading Volume: 11,145 shares
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Technical Sentiment Indicator: Strong Sell
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Market Capitalization: €10.11 billion
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