Permanent TSB Group Holdings PLC (LSE:PTSB)
€ 1.54 0.04 (2.67%) Market Cap: 817.49 Mil Enterprise Value: 2.98 Bil PE Ratio: 13.07 PB Ratio: 0.33 GF Score: 56/100

Half Year 2024 Permanent TSB Group Holdings PLC Earnings Call Transcript

Aug 01, 2024 / 08:00AM GMT
Release Date Price: €1.55 (+4.39%)
Eamonn Crowley
Permanent TSB Group Holdings PLC - Chief Executive Officer, Executive Director

Good morning, and welcome to the 2024 interim results presentation for PTSB. I'm going to do a short presentation on the strong business performance for the first half of the year, and then our CFO, Nicola O'Brien, will provide more detail with regard to our financial performance. And at the end of that, Nicola and I will be happy to take questions.

So if we just turn to page 4. When it comes to customers and the bank itself, we've delivered a strong performance so far this year with the support customers and communities across the country. And we will continue to grow diversify our business in the second half of the year and beyond.

We're proud to have grown our deposit base by over EUR1 billion year on year to EUR23.6 billion. Our deposit product portfolio remains attractive in the market. And we've launched recently leading one-year-and-six-month fixed-term deposit products, including an innovative interest-first deposit product, which is really getting traction with customers.

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