Monday April 6, 2020

Comment: Bank of Ireland’s bumper profits fail to impress

People who criticised Bank of Ireland for its play-it-safe strategy of concentrating on Ireland and Britain got their response last week when the bank reported record pre-tax profits of €1.6 billion, with 86 per cent of the total coming from its two

3rd June, 2006

People who criticised Bank of Ireland for its play-it-safe strategy of concentrating on Ireland and Britain got their response last week when the bank reported record pre-tax profits of €1.6 billion, with 86 per cent of the total coming from its two main markets.

But chief executive Brian Goggin could be forgiven for wondering what he needs to do to impress the markets, which left the share price largely unchanged despite the positive news.

Goggin shrugged...

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