Nov 4 (Reuters) - Aib Group PLC AIBG.I:
AIB GROUP: UPGRADES TO NET INTEREST INCOME (NII), CUSTOMER ACCOUNTS AND EXCEPTIONAL GAIN GUIDANCE FOR FY 2025, ALL OTHERS UNCHANGED
AIB: NII IS EXPECTED TO BE > €3.7BN (PREVIOUSLY > €3.6BN) AFTER DEC 2025 ECB RATE ASSUMPTIONS CHANGED TO 2% FROM 1.75%
AIB: EXCEPTIONAL GAIN EXPECTED TO BE C. €150M (PREVIOUSLY C. €100M) DUE TO AIB MERCHANT SERVICES SALE, CUSTOMER ACCOUNTS EXPECTED TO GROW BY C. 4% (PREVIOUSLY C. 3%)
AIB: NII OF €2.8BN IN NINE MONTHS TO END-SEPTEMER, DOWN 10% AS EXPECTED; SEPTEMBER NIM YTD OF 2.75%
AIB: CET1 OF 16.6% AT SEPT (JUN 25: 16.4%) EXCLUDES SEPT YTD PROFITS; NET FEE AND COMMISSION INCOME +2%
AIB: COSTS UP 4% WITH 3% EXPECTED FOR 2025 AS GUIDED; COST INCOME RATIO 44%
AIB: GROSS LOANS INCREASED TO €72.2BN, UP €0.9BN SINCE DEC 2024; NEW LENDING UP 5% TO €10.5BN, MORTGAGE MARKET SHARE 31% SEPT YTD
AIB: CONTINUED GROWTH IN CUSTOMER ACCOUNTS TO €114.3BN (DEC 24: €109.9BN)
Further company coverage: AIBG.I
(Reporting By Padraic Halpin)
((Padraic.Halpin@thomsonreuters.com;))