Bank of Ireland's H1 pre-tax profits jump 33% to €960m

Bank of Ireland's H1 pre-tax profits jump 33% to €960m

Bank of Ireland has reported a 33% jump in pre-tax profits for the six months to the end of June and said it was upgrading its guidance for the full year.

Bank of Ireland upgrades forecasts following ‘excellent’ first half

An 18% increase in assets under management at New Ireland and Davy helps boost fee income

Bank of Ireland dividend up 56% after profits rise by a third

Bank of Ireland has reported a 33% increased in half-year profit before tax after growing loans, deposits and assets under management. The bank made €960m during the first six months of the year and has announced a 56% higher interim dividend of 39 cent per share or €373m overall. As a result, statutory return on tangible equity (+14.4%) and earnings per share (+36%) both surged. Net interest income rose 2% to €1.7bn while fee income jumped 6% t…