Sunday August 9, 2020

Davy racks up retained earnings of €123m for 2019

The Dublin-based stockbroker had cash of €162m included in its total assets of €581m

Ian Guider

Markets Editor

2nd August, 2020
Davy made returns to its shareholders during the year in the form of dividends and share buybacks

Retained earnings at Davy, the country’s largest stockbroking firm, stood at €123 million in 2019, according to documents seen by the Business Post.

The figure was largely unchanged on the previous year, but it is understood that all the company’s divisions were profitable in 2019.

The figures in the statements show Davy had cash and cash equivalents of €162 million included in its total assets of €581 million.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

Bank will retain joint ventures with the AA and the Post Office in Britain, while focusing on more niche lending areas

Ian Guider | 22 hours ago

Making provisions early helped the country’s lending institutions limit the worst damage from Covid-19, but the danger is far from over

Ian Guider | 22 hours ago

The bank’s chief executive Jane Howard says state incentives have failed to draw out new custom during the pandemic

Ian Guider | 1 week ago