Investor Presentaiton
Income Statement
Net interest income analysis
H1 2016
H2 2016
H1 2017
H2 2017
Average Gross Gross
Volumes Interest Rate
(€bn) (€m) (%)
Average Gross Gross
Volumes Interest Rate
(€bn) (€m) (%)
Average Gross
Volumes Interest
(€bn) (€m)
Gross
Rate
Average Gross
Volumes Interest
Gross
Rate
(%) (€bn) (€m)
(%)
Ireland Loans
36.5
567
3.12%
36.0
559
3.08%
35.5
547
3.11%
35.3
545
3.07%
UK Loans
33.5
571
3.43%
30.2
489
3.22%
29.5
460
3.15%
28.0
430
3.05%
C&T Loans
12.6
248
3.97%
12.7
254
3.98%
12.7
254
4.03%
12.8
253
3.92%
Total Loans & Advances to Customers
82.6
1,386
3.38%
78.9
1,302
3.28%
77.7
1,261
3.27%
76.1
1,228
3.20%
Liquid Assets
22.5
921
0.82%
20.5
781
0.76%
21.6
661
0.62%
21.1
601
0.56%
Total Interest Earning Assets
105.1
1,478
2.83%
99.4
1,380
2.76%
99.3
Ireland Deposits
22.1
(26)
(0.24%)
21.9
(17)
(0.15%) 20.6
1,327
(12)
2.70%
(0.12%) 20.4
97.2
1,288
2.63%
(9)
(0.08%)
Credit Balances²
23.8
(1)
(0.01%)
25.3
(1)
(0.01%) 27.1
(0)
(0.00%)
29.3
4
0.03%
UK Deposits
C&T Deposits
24.6
(154)
(1.26%) 20.7
(111)
7.7
(21)
(0.55%) 6.8
(14)
Total Deposits
78.2
(202)
(0.52%) 74.7
(143)
Wholesale Funding
13.6
(49)
(0.71%)
13.4
(32)
Subordinated Liabilities.
2.4
(91)
(7.72%)
1.5
(48)
(1.07%) 19.3
(0.41%) 6.0
(0.38%) 73.0
(0.47%) 14.3
(6.13%) 1.4
(83)
(0.86%) 18.2
(74)
(0.80%)
(10)
(0.35%) 5.2
(9)
(0.35%)
(105)
(0.29%) 73.1
(88)
(0.24%)
(43)3
(0.60%) 12.3
(36)³
(0.58%)
(35)
(5.17%) 1.8
(42)
(4.80%)
Total Interest Bearing Liabilities
94.2
(342)
(0.73%)
89.6
(223)
(0.49%) 88.7
(183)
(0.42%) 87.2
(166)
(0.38%)
IFRS Income Classification
(32)
(13)
(8)
5
Other4
14
(9)
Net Interest Margin
105.1
1,118
Average ECB Base rate in the period
Average 3 month Euribor in the period
Average BOE Base rate in the period
Average 3 month LIBOR in the period
2.14%
0.02%
99.4
1,135
2.27%
99.3
7
1,143
(25)
2.32%
97.2
1,102
2.25%
0.00%
0.00%
0.00%
(0.22%)
(0.31%)
(0.33%)
(0.33%)
0.50%
0.30%
0.25%
0.32%
0.59%
0.41%
0.33%
0.38%
Bank of Ireland Group
'Excludes any additional gains from portfolio re-configuration during the period
2Credit balances in H2 2017: ROI €21.8bn, UK €3.2bn, C&T €4.3bn
Includes impact of CRT transactions executed in December 2016 and November 2017
"Includes customer termination fees, EIR adjustments and other one-off adjustments.
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