Stock Take

Bank shares may be a better bet than savings as profits roar back to Celtic Tiger levels

While the thought of investing in lenders again may send a shiver down the spine of some, it will probably earn you more than leaving cash on deposit

A Bank of Ireland ATM in Dublin city centre: the series of rapid interest rate rises by the ECB has helped fatten the bottom lines of Ireland’s three retail banks

As we move into the final months of 2023, one thing is absolutely certain – Irish banks are going to make an incredible amount of money this year.

Over the last two weeks, the three main Irish banks – AIB, Bank of Ireland and PTSB – have all issued third-quarter updates to investors confirming what we already knew: balance sheets are strong and profits are soaring.

As Stock Take has previously pointed out, there’s been ...