Permanent TSB has reported an underlying profit of €26 million for 2015, its first profit since 2007, as it said it was making progress despite still facing challenges.
The underlying profit, before tax and exceptional items, compares to a loss of €39 million in 2014.
However, the bank's loss after exceptional items widened to €425 million from €102 million, driven by a €401 million loss on the disposal of held-for-sale loans .
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