Logotype for Permanent TSB Group Holdings plc

Permanent TSB Group (PTSB) investor relations material

Permanent TSB Group H1 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Permanent TSB Group Holdings plc
H1 2025 earnings summary31 Jul, 2025

Executive summary

  • Customer deposits rose 7% year-on-year to €25.2bn, with strong growth in retail and current accounts, supporting a robust funding profile.

  • Gross new lending increased 66% year-on-year to €1.6bn, driven by an 84% rise in new mortgage lending and a 23% increase in business banking lending.

  • Operating profit before exceptionals was €51m, down 17% year-on-year; profit before tax at €19m, reflecting lower net interest income and higher exceptional costs.

  • Launched new Sustainability Strategy 2025-2027, with €560m in green lending (up 110% YoY) and €26m in impact lending.

  • Strategic focus on deepening customer relationships, diversifying income, and enhancing operational efficiency.

Financial highlights

  • Net interest income fell 7% year-on-year to €288m, mainly due to lower ECB rates and higher term deposit costs; NIM declined to 2.02%.

  • Total operating income fell 4% year-on-year; operating expenses down 1% to €271m.

  • Cost/income ratio increased to 76%, up three points year-on-year.

  • Net fees and commissions rose 35% to €31m, aided by current account pricing changes and timing of receipts.

  • Exceptional items totaled €32m, mainly from a voluntary severance scheme; impairment result was neutral (nil).

Outlook and guidance

  • Reiterated full-year and medium-term guidance through 2027, expecting NIM above 2% for 2025.

  • Cost target for 2025 set at €525m; cost/income ratio targeted to fall toward 60% by 2027.

  • Dividend payments planned to restart in 2026, aiming for a 40% payout ratio over time, subject to regulatory approval.

  • 2025 ROTE guidance c. 5%; 2027 ROTE target c. 9% with increased capital return.

  • Guidance does not yet reflect potential changes from the IRB model review; updates expected after regulatory process.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Permanent TSB Group earnings date

Logotype for Permanent TSB Group Holdings plc
Q3 2025 TU30 Oct, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Permanent TSB Group earnings date

Logotype for Permanent TSB Group Holdings plc
Q3 2025 TU30 Oct, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Permanent TSB Group Holdings plc is a financial services provider based in Ireland. It operates primarily in the retail and small to medium-sized enterprise (SME) banking sectors. The company's services encompass transactional banking, lending, savings, and deposit-taking. It delivers these services through a multi-channel distribution model, which includes branches, brokers, direct engagement, digital platforms, and SME-specific channels. The company is headquartered in Dublin, Ireland, and its shares are listed on the Euronext Dublin and the London Stock Exchange.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage