Bank of Ireland 2022 Interim Results
Summary
Bank of Ireland 2022 Interim Results
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Strong business performance in H1 22 reflected in financial performance
Net interest income positively geared to higher interest rates
Maintaining rigorous cost discipline, notwithstanding inflationary headwinds
Vigilance on credit quality, with a prudent approach to coverage levels
Davy acquisition complete; materially increases Bank of Ireland's share of attractive
Irish wealth market
KBC transaction adds scale to Irish retail franchise (expected to complete by end
Q1 2023)
Business model positioned to attract customers from exiting banks - once in a
generation opportunity; positive start to H1 22
State shareholding <3%; full private ownership in sight
On track to deliver sustainable ROTE > 10% in near term
Bank of IrelandView entire presentation