Brief: Bank of Ireland nudges up FY net interest income guidance

Bank of Ireland

29/10/2025 07:08

Oct 29 (Reuters) - Bank of Ireland Group PLC BIRG.I:

BANK OF IRELAND GRP  - INTERIM MANAGEMENT STATEMENT - Q3 2025

RETURN ON TANGIBLE EQUITY (ROTE) ON TRACK TO EXCEED 17% BY 2027

185BPS OF ORGANIC CAPITAL GENERATION IN NINE MONTHS TO SEPT

UPGRADING OUR FY25 NET INTEREST INCOME (NII) GUIDANCE TO ABOVE EUR 3.3BN (FROM C.EUR 3.3BN PREVIOUSLY)

CET1 RATIO OF 16.2%

NET INTEREST INCOME MODESTLY AHEAD OF EXPECTATIONS

NET LENDING EUR 82.2BN; IRISH LOAN BOOK 5% ANNUALISED GROWTH YTD  WITH STRONG MORTGAGE PERFORMANCE

NIM WAS 2.68% IN NINE MONTH PERIOD

OPERATING EXPENSES (EXCLUDING REGULATORY FEES AND LEVIES) PROGRESSED IN LINE WITH EXPECTATIONS, 3% HIGHER Y/Y

US ACQUISITION FINANCE PORTFOLIO HAS PERFORMED IN LINE WITH EXPECTATIONS SINCE H1

GROUP HAS ALSO CONTINUED TO REDUCE ITS US CRE PORTFOLIO, NO LENDING EXPOSURE TO NBFIS IN US

Further company coverage: BIRG.I

 (Reporting By Padraic Halpin)

 ((Padraic.Halpin@thomsonreuters.com;))