Ireland · Delayed Price · Currency is EUR Bank of Ireland Group Earnings Call Transcripts
Fiscal Year 2026
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The AGM reviewed strong financial results, increased dividends, and the launch of a new strategy to 2028 focused on digital innovation and core business growth. Shareholder questions addressed dividends, acquisitions, housing, digital engagement, and pension issues.
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Strong Q1 performance with 5% annualized loan growth, robust asset quality, and €1.1 billion net inflows in wealth and insurance. NII guidance reaffirmed, with upside potential if rates rise, and all 2026 targets maintained.
Fiscal Year 2025
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Delivered strong 2025 results with 6% loan and deposit growth, 9% AUM growth, and €1.2B in distributions. Targets >€3.85B NII and >16% ROTE by 2028, with a focus on Irish growth, digital investment, and efficiency.
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Strong growth in Irish loans, deposits, and wealth assets drove higher-than-expected NII and capital generation, with a CET1 ratio of 16.2%. Outlook to 2027 targets >17% ROTE, 3%-4% loan/deposit CAGR, and continued capital returns, amid ongoing UK and U.S. portfolio deleveraging.
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Strong H1 results driven by Irish loan and deposit growth, upgraded NII guidance, and robust capital returns. Wealth and insurance segments delivered record AUM and fee income, while cost discipline and restructuring support a €2bn cost target by 2027.
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Q1 results met expectations with strong capital generation, stable asset quality, and robust mortgage growth. NII guidance is reiterated, and the outlook to 2027 remains positive despite global trade uncertainties. CET1 ratio stands at 15.9%.
Fiscal Year 2024
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Strong capital generation and robust growth in loans, deposits, and AUM drove a 16.8% ROTE in 2024, with a target above 17% by 2027. Operating expenses are set to remain flat through efficiency gains, while capital distributions and asset quality remain strong.
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Half-year profit rose 5% to €1.1 billion, with ROTE at 18.9% and strong capital generation. Upgraded guidance includes higher capital returns, stable NII for 2025, and continued growth in wealth, insurance, and Irish lending.