|Bid||9.80 x 0|
|Ask||9.83 x 0|
|Day's range||8.60 - 10.00|
|52-week range||4.59 - 10.00|
|Beta (5Y monthly)||1.46|
|PE ratio (TTM)||30.25|
|Forward dividend & yield||0.05 (0.69%)|
|Ex-dividend date||12 May 2022|
|1y target est||6.80|
Bank of Ireland followed main rival AIB in increasing mortgage interest rates after the European Central Bank began to hike its rates, adding a smaller 0.25% to the cost of a new fixed-rate mortgage on Thursday. AIB, the country's largest mortgage lender, last month became the first Irish bank to increase its fixed rates since the ECB began to push rates up at its fastest pace on record. It increased new fixed rates by half a percentage point.
Bank of Ireland on Wednesday followed main rival AIB in upgrading its net interest income guidance for 2022, reflecting the faster pace of European Central Bank interest rate increases. Ireland's largest bank by assets said in a trading update that it expects net interest income to increase by around 6% to 7% year-on-year compared to its previous guidance that it would be modestly higher than 2021. AIB, the country's largest mortgage lender, forecast last month that its net interest income would increase by more than 15% compared to the 10% expected previously.
Governor Gabriel Makhlouf said that some people’s experiences of trying to switch ‘leaves something to be desired’.