Five key takeaways from the PTSB half-year results
The bank’s €9 million pre-tax loss for the first six months of 2021 was much less than the €30 million some had predicted, while it has grown its share of the SME and mortgage markets
Having signed a memorandum of understanding to acquire €7.6 billion of Ulster Bank’s assets last week, Permanent TSB this morning published results for the first half of the year. Here are five things we learned:
1. PTSB made a loss but it wasn’t as big as some had expected
The bank recorded a €9 million pre-tax loss for the first six months of the year, which was considerably better than the €30 million loss forecast ...