Permanent TSB Group Holdings plc
IL0A.IR
Euronext Dublin2.35
EUR
- -
- -
Permanent TSB Group Holdings plc
IL0A.IR
(Euronext Dublin)
Recent
price
2.35
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Permanent TSB Group Holdings plc (PTSB) is an Ireland-based provider of retail and small to medium-sized enterprise (SME) banking services through its wholly owned subsidiary Permanent TSB plc. The group offers a comprehensive range of personal and business financial products and services, including current and savings accounts, deposit-taking options, mortgages such as first-time buyer, green, buy-to-let, and top-up varieties, personal and business loans, credit cards like the ICE Visa Credit Card, overdrafts, investments, home insurance, life insurance, and transactional banking solutions delivered via branches, digital channels, brokers, ATMs, and SME-focused platforms. It primarily serves individual consumers and SMEs in the Republic of Ireland from its headquarters at 56-59 St. Stephen's Green, Dublin 2, with a network of approximately 78 branches and over one million customers; the group traces its origins to mergers involving entities founded as early as 1816. In recent developments, PTSB commenced a formal sale process in December 2025, supported by its largest shareholder the Minister for Finance holding a 57% stake, to identify a new long-term owner for future growth amid strong investor interest and European banking consolidation. The bank completed the acquisition of a €6.7 billion performing loan book and 25 branches from Ulster Bank in 2022, bolstering its mortgage lending share to over 20% and business banking franchise; it sold non-performing loan portfolios to Mars Capital in July 2024 and December 2025 as part of deleveraging efforts. Additional changes include NatWest Group's full divestment of its remaining shares in July 2025, a rebrand to PTSB in October 2023, the redemption of a €125 million AT1 bond in 2025, a record oversubscribed Green Tier 2 issuance, and plans to restart dividend payments in 2026 subject to approvals, alongside 7% deposit book growth, 4% mortgage book expansion, and 11% business lending increase as of Q3 2025.