Permanent TSB raises full year profit outlook following strong half year profits

Permanent TSB has raised its full year profit outlook as the bank reports a strong set of half year results.

The lender, which is still majority owned by the state, reported an underlying profit of €86 million for the first six months of 2023, a considerable improvement on the €2 million underlying loss it made last year. The bank said it made a pre-tax profit of €26 million in the first half of the year, ...