Stock Take

Stock Take: Are AIB and Bank of Ireland as sensitive to falling interest rates as they claim?

Both lenders are forecasting a sharp drop in net interest income if rates are cut this year, but it’s likely they will continue to enjoy bumper profits in 2024

AIB and Bank of Ireland are both poised to report combined profits of more than €4.8 billion when they issue full year results in the coming weeks. Picture: Maura Hickey