March 4 (Reuters) - Aib Group PLC AIBG.I:
AIB GROUP - FY PROFIT AFTER TAX 2.1 BILLION EUR VERSUS 2.35 BILLION EUR A YEAR AGO
AIB - PROPOSED DISTRIBUTION 2.25 BILLION EUR (2.6 BILLION EUR YEAR AGO), INCLUDING A NEAR 60% INCREASE IN FY CASH DIVIDEND SHARE BUYBACK OF €1 BILLION
AIB - NET INTEREST INCOME (NII) 3.748 BILLION EUR (VERSUS > €3.7BN FORECAST),
AIB - FULLY LOADED CORE TIER 1 CAPITAL RATIO 16.2% VERSUS 16.6% AT END-SEPT
AIB - 2025 ROTE 25.0%, ROTE IN FY 2026 IS EXPECTED TO BE > 20%
AIB - NEW LENDING UP 2% TO €14.7BN, OF WHICH 43% WAS GREEN, MORTGAGE MARKET SHARE 30%
AIB - 2026 GUIDANCE: NII IS EXPECTED TO BE C. €3.8BN, OTHER INCOME IS EXPECTED TO BE > €750M, COSTS EXPECTED TO INCREASE BY C. 2%
AIB - 2026 GUIDANCE: CUSTOMER LOANS ARE EXPECTED TO GROW BY C. 5%, CUSTOMER DEPOSITS ARE EXPECTED TO GROW BY 2-3
AIB - COSTS INCREASED 1% TO €1,992M, LOWER THAN EXPECTED; COST INCOME RATIO (CIR) OF 44%
AIB - GROSS LOANS INCREASED 2%, OR 3% ON AN UNDERLYING BASIS, TO €72.3BN
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Further company coverage: AIBG.I
(Reporting By Padraic Halpin)
((Padraic.Halpin@thomsonreuters.com;))