PTSB Says Guidance for 2026 in Line with Expectations

PTSB says guidance for 2026 in line with expectations

PTSB said today that it has made a positive start to 2026, adding that guidance for the full year remains in line with its expectations.

PTSB reaffirms guidance after income increases 10% in Q1

Operating income at PTSB increased 10% year-on-year or 6% on an underlying basis in the first quarter. Total operating costs also rose 6% or 1% on an underlying basis following annual pay increases, and the bank's cost-income ratio declined four percentage points to 72%. Net interest margin of 2.13% was up 10bps from a year ago, and the lender's asset quality remains strong with no impairment charges taken in Q1. Net interest income increased 9%…