An update from permanent tsb Group Holdings ( (GB:PTSB) ) is now available.
Permanent TSB Group Holdings plc reported a robust financial performance for 2024, with an 8% increase in underlying profit before tax to €180 million. The bank’s strategic focus for 2025-27 includes deepening customer relationships, diversifying income, and enhancing customer experience while maintaining operational efficiencies. The bank saw significant growth in deposits and SME lending, and its mortgage market share increased to 20.2% in Q4 2024. The bank is also advancing its sustainability initiatives and expects to resume shareholder distributions next year, subject to financial conditions and approvals.
More about permanent tsb Group Holdings
Permanent TSB Group Holdings plc is a challenger bank in Ireland, focusing on personal and business banking services. The bank aims to provide competition in the Irish market with a strong emphasis on customer experience, capital, and liquidity positions.
YTD Price Performance: 2.04%
Average Trading Volume: 12,127
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €839.3M
For detailed information about PTSB stock, go to TipRanks’ Stock Analysis page.