AIB first-half profits fall 16% to €927m amid lower interest rates
The bank returned to full private ownership in June after the Government sold its remaining stake.
Total income at AIB decreased 10%, to €2.232bn, primarily driven by lower interest rates, though this was partially offset by an increase in average loan volumes. New lending was up €600m to €6.9bn, due to growth in mortgages, corporate and personal lending. Return on tangible equity was 21.4% and the bank announced an interim ordinary dividend payment of €263m - 12.328c per share.
"The group continues to perform well in a resilient Irish economy against a backdrop of macroeconomic and geopolitical uncertainty," said AIB chief executive Colin Hunt.
"June 2025 marked the milestone of AIB returning to full private ownership and we remain committed to delivering for our shareholders. We also remain committed to supporting the Irish economy and society as we continue to implement our strategy at pace through our strategic priorities of putting our 3.35m customers first, further greening our business and achieving greater operational efficiency and resilience.'
AIB's new mortgage lending in Ireland was up 4% to €1.9bn and reflected a mortgage market share of 32%. Personal lending in Ireland was up 3% to €700m "reflecting an increase in consumer credit demand and our market-leading digital proposition with 87% of personal loan applications completed online".
New lending to SMEs in Ireland remained relatively stable at €800m. In capital markets, new lending was up 12% to €2.2bn.
UK new lending doubled compared to 2024, driven by strong corporate lending and mortgage lending in Northern Ireland.
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