Bank of Ireland Financial Overview
Total business income¹ 10% higher
Bank of Ireland
Increase in business income
•
Wealth and Insurance +42%; growth
in New Ireland and full year Davy
contribution³
Retail Ireland fee income growth, with
small positive one-off items in FY22
Corporate and Commercial; strong SME
fee growth and cessation of a business
activity
Associates / JVs reduction primarily
reflects exit costs
2024 outlook
Total business income (incl. JVs) expected
mid-single digit % higher
FY 2022
(€m²)
FY 2023
(€m)
Wealth and Insurance
234
332
Retail Ireland
144
146
Retail UK
(36)
(34)
Corporate and Commercial
297
281
Group Centre and other
(15)
(18)
Business Income
624
707
Share of associates /JVs
40
25
Business Income incl. JVs
664
732
.
Other (expenses)/income
100
(4)
Other valuation items
(89)
43
Other Income
675
771
For footnotes please refer to slide 39
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