Bank of Ireland to pay out €1.15bn to shareholders as profits surge to record levels

The lender said it will pay a €634m dividend this year and also announced a €520m share buyback programme

Bank of Ireland made a record profit in 2023

Bank of Ireland has announced it will more than triple cash returns to shareholders this year after reporting a record pre-tax profit of €1.9 billion for its 2023 financial year.

Announcing full year results on Monday morning, Bank of Ireland said it will return €1.15 billion to shareholders this year through a combination of dividends and share buybacks. The bank said it will pay an ordinary dividend of €634 million this year, with it also ...