Permanent TSB posts transformational 2025 as capital boost unlocks first dividend since 2008

permanent tsb Group Holdings ( (GB:PTSB) ) has provided an announcement.

Permanent TSB reported that 2025 was a transformational year, with its balance sheet expanding on the back of stronger brand recognition, product demand, and a growing digital offering. The bank’s mortgage book grew more than 3%, total gross loans rose 4% on an underlying basis, business banking lending increased, and customer deposits climbed 6%, while fixed‑rate and green mortgages made up a large share of new lending.

Despite a 4% drop in net interest income and a slightly higher cost‑income ratio, the bank delivered €175 million in underlying profit before tax and continued to release loan‑loss provisions, reflecting strong asset quality and a non‑performing loan ratio of just 1.4%. The approval of new IRB mortgage models boosted its CET1 ratio on a pro‑forma basis, underpinned improved returns targets, and supported the decision to propose the first dividend since 2008, highlighting stronger capital generation and competitiveness, albeit alongside a 10% reduction in headcount to drive structural cost savings.

More about permanent tsb Group Holdings

Permanent TSB Group Holdings is an Irish retail and business bank focused on mortgages, consumer and SME lending, and deposit services. The bank competes in the domestic mortgage market, offers digital and in‑branch banking, and is increasingly targeting green and sustainability‑linked lending to support Ireland’s transition to a low‑carbon economy.

See more data about PTSB stock on TipRanks’ Stock Analysis page.