Brief: AIB retains FY guidance after 11% y/y rise in Q1 new leinding
30/04/2026 07:18
April 30 (Reuters) - Aib Group PLC AIBG.I: AIB GROUP PLC Q1 2026 TRADING STATEMENT STRONG Q1 PERFORMANCE UNDERPINNED BY CONTINUED STRATEGIC DELIVERY GROSS LOANS GREW BY 1.7% TO EUR 73.5 BILLION FOR PERIOD AND NEW LENDING INCREASED BY 11% TO EUR 3.6 BILLION ALL 2026 GUIDANCE REITERATED Q1 TOTAL INCOME BROADLY IN LINE WITH PRIOR YEAR, NET INTEREST INCOME (NII) OF EUR 0.92BN AS EXPECTED; Q1 NIM 2.65% COSTS UP 2% IN LINE WITH GUIDANCE; COST INCOME RATIO (CIR) OF 44%; SMALL NET CREDIT IMPAIRMENT CHARGE IN Q1 NEW LENDING UP 11% TO EUR 3.6BN; MORTGAGE MARKET SHARE OF 30% MARCH YTD CET1 RATIO OF 16.0% (DEC 25: 16.2%) EXCLUDING Q1 PROFIT O C. +80BPS ORGANIC CAPITAL GENERATION CLIMATE & INFRASTRUCTURE CAPITAL DELIVERED STRONG NEW LENDING OF EUR 0.6BN, AN INCREASE OF EUR 0.3BN FOLLOWING LOWER ACTIVITY IN PRIOR YEAR, WITH 72% OF NEW LENDING IN EUROPE AND UK Further company coverage: AIBG.I (Reporting By Padraic Halpin) ((Padraic.Halpin@thomsonreuters.com;))