Bank of Ireland

Bank of Ireland reports group loan growth of 5% in Q1 2026 and 8% in its Irish business, and improved asset quality with an NPE ratio of 2%. Confirmed net interest income for 2026 is €3.4bn, with projections above €3.6bn for 2027 and €3.85bn for 2028. Wealth Management saw net inflows of €1.1bn in the quarter; management is increasingly focused on expanding wealth management and insurance businesses. The stock rose after the results and the bank emphasizes continued loan and AUM growth despite macroeconomic risks. » More on de.investing.com

Bank of Ireland is reviewing a rise in its provisions for compensation in its UK motor finance business from £143 million to about £350 million following an FCA consultation paper on commissions. The bank says the increase reflects a higher likelihood of eligible claims, the proposed compensation methodology and customer engagement. Implementation would reduce the CET1 ratio by around 35 basis points from 16.0% as of 30 June 2025. The bank will discuss the matter with the FCA and set the final provision in its 2025 annual results; costs may vary depending on the consultation outcome and customer take-up. » More on de.investing.com

Bank of Ireland has appointed Hans van der Noordaa, with immediate effect, as an independent, non-executive member of the board of directors. Richard Goulding's mandate has been extended from its original end date of 31 December 2025 to 31 March 2026 to complete succession planning and regulatory approvals. Van der Noordaa brings more than four decades of experience in banking, insurance and technology, including leadership roles at ING and Delta Lloyd and supervisory board positions at Deloitte Netherlands. » More on de.investing.com