Bank of Ireland Posts Strong H1 2024 Profits
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Bank of Ireland Posts Strong H1 2024 Profits

Bank Of Ireland Group plc (DE:BIRG) has released an update.

Bank of Ireland Group plc reported a robust first half of 2024, with profits soaring to €1.1 billion—a 5% increase—backed by growth in loans and wealth assets, and a strong capital position. The bank has initiated interim dividend payments of €352 million, signaling confidence in its financial health and upgraded earnings guidance for the full year. With a strategic focus on sustainability, the bank is leading in green mortgages in Ireland and is on track to meet its €15 billion sustainable finance target by 2025.

For further insights into DE:BIRG stock, check out TipRanks’ Stock Analysis page.

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