Aib Group Plc · EURONEXT:A5G
Aib — H1 2025 Earnings Presentation
48 slides from Aib's earnings presentation, Jul 31, 2025
Slide 1: Half-Year Financial Results
AIB Group plc | Half-Year Financial Results | 2025 1 For the life you’re after AIB Group plc Half-Year Financial Results For the six months ended 30 June 2025
Slide 2: Forward-looking statement
AIB Group plc | Half-Year Financial Results | 2025 2 Forward-looking statement This document contains certain forward looking statements with respect to the financial condition, results of operations and business of AIB Group and certain of the plans and objectives of the Group. These forward lookin
Slide 3: Strong H1 2025 performance
AIB Group plc | Half-Year Financial Results | 2025 3 Strong H1 2025 performance Profit after tax €927m Strong capital position Proceeds to the State RoTE 21.4% 16.4% CET1(1) €20.5bn to date Resilient NII €1.9bn Resumption of interim Return to full private in line with expectations dividend €263m(2)
Slide 4: H1 2025 sustainability highlights
AIB Group plc | Half-Year Financial Results | 2025 4 H1 2025 sustainability highlights €30bn climate action target Goodbody Clearstream Launched low-cost green and €19.1bn since 2019 Independent sustainability transition loans for business €2.5bn in H1 consultancy for business Loan complements Steps
Slide 5: Solid Irish economic fundamentals
AIB Group plc | Half-Year Financial Results | 2025 5 Solid Irish economic fundamentals Underpinned by strong labour force and population growth Good growth forecast for 2025-27 despite risks Irish employment rises sharply post pandemic % 120 ▪ Irish economy continues to perform % robustly, forecasts
Slide 6: Open and resilient Irish economy
AIB Group plc | Half-Year Financial Results | 2025 6 Open and resilient Irish economy Strong fiscal position facilitates State investment in housing and infrastructure Well-established stock of inward FDI investment (% GDP) Irish export base in defensive sectors (€bn, 2023) ▪ Ireland remains an attr
Slide 7: New lending up 9% to €6.9bn
AIB Group plc | Half-Year Financial Results | 2025 7 New lending up 9% to €6.9bn Mortgages and personal lending delivering growth New lending across asset classes Mortgages (€bn) Personal lending (€bn) Property (€bn) Corporate & SME (€bn) UK ROI Corporate SME Climate Capital +4% +7% 3.1 3.1 1.0 0.6
Slide 8: AIB is Ireland’s #1 Bank
AIB Group plc | Half-Year Financial Results | 2025 8 AIB is Ireland’s #1 Bank Market-leading franchise underpinned by strategic priorities #1 Irish Retail Bank Leading mortgage provider 32% mortgage market share(1) 40% personal main current account share(2) #1 Green Bank #1 Business Bank Sustainabil
Slide 9: Customer First: Delivering enhanced customer and financial outcomes
AIB Group plc | Half-Year Financial Results | 2025 9 Customer First: Delivering enhanced customer and financial outcomes Developing an insight and data-led customer proposition strategy Enabling more targeted propositions, tailored communications & an enhanced customer experience Customer Segmentati
Slide 10: Greening our Business: Mobilising capital to support climate action
AIB Group plc | Half-Year Financial Results | 2025 10 Greening our Business: Mobilising capital to support climate action Grow our business in green energy & sustainable infrastructure Selective growth in H1 underpinned by strong pipeline and the significant sustainable finance opportunity Financing
Slide 11: Operational Efficiency & Resilience: Focus on digitalisation & simplification
AIB Group plc | Half-Year Financial Results | 2025 11 Operational Efficiency & Resilience: Focus on digitalisation & simplification Enhanced customer and commercial outcomes Progressive modernisation of technology Simplification & improved efficiency c. €300m investment on average p.a. Resilient pla
Slide 12: Returned to full private ownership in H1 2025
AIB Group plc | Half-Year Financial Results | 2025 12 Returned to full private ownership in H1 2025 Significant payments to the Irish State State exits share register in H1 2025 % 2009 to 2011: Irish State capital injection €20.8bn bringing the 99.9% Accelerated book builds, directed buybacks & Stat
Slide 13: Generating and returning shareholder value
AIB Group plc | Half-Year Financial Results | 2025 13 Generating and returning shareholder value Resumed interim ordinary dividend payment Return on tangible equity Organic capital generation (RoTE) Bps Generating shareholder value 25.7% 26.7% H1 H2 21.4% ▪ RoTE 21.4%; FY25 guidance >20% 400 370 220
Slide 14: Driving sustainable shareholder value
AIB Group plc | Half-Year Financial Results | 2025 14 Driving sustainable shareholder value Delivering on our commitments Executing at pace Solid platform for Sustainable value against our strategic enduring growth creation objectives ▪ Customer First – more ▪ Sustainable business growth ▪ Sound dom
Slide 15: Financial Performance
AIB Group plc | Half-Year Financial Results | 2025 15 Financial Performance For the life you’re after AIB Group plc Half-Year Financial Results For the six months ended 30 June 2025
Slide 16: Financial performance H1 2025
AIB Group plc | Half-Year Financial Results | 2025 16 Financial performance H1 2025 Profit after tax €927m (H1 2024: €1,108m) ▪ RoTE 21.4% versus 25.5% H1 2024 Total income €2,232m down 10% ▪ Net interest income €1,874m (-10%) as expected; net fee and commission income €340m (+1%) Costs €979m(1) up
Slide 17: Income statement: profit after tax €0.9bn
AIB Group plc | Half-Year Financial Results | 2025 17 Income statement: profit after tax €0.9bn Summary income statement (€m) H1 2025 H1 2024 Net interest income 1,874 2,075 ▪ Total operating income €2,232m down 10% Other income 358 395 Total operating income 2,232 2,470 ▪ Operating expenses €979m u
Slide 18: Net interest income €1,874m; down 10% due to lower interest rates
AIB Group plc | Half-Year Financial Results | 2025 18 Net interest income €1,874m; down 10% due to lower interest rates NII €1,874m decreased by €201m or 10% in line with expectations due to a NII / NIM movements (€m) / (bps) lower rate environment partially offset by higher average loan volumes: €2
Slide 19: NII outlook: resilience in an evolving interest rate environment
AIB Group plc | Half-Year Financial Results | 2025 19 NII outlook: resilience in an evolving interest rate environment NII resilience (€bn) NII 2025 guidance >€3.6bn NII 4.1 >3.6 ▪ Assuming ECB deposit rate of 1.75% by Dec 25 3.8 ▪ Low deposit beta(1) in H1 2025; c.19% End ECB deposit rate • Expect
Slide 20: Other income €358m: Stable net fee and commission income
AIB Group plc | Half-Year Financial Results | 2025 20 Other income €358m: Stable net fee and commission income Net fee and commission income (€m) H1 2025 H1 2024 ▪ Other income €358m down 9% Customer accounts and payments 131 137 Lending related fees 28 28 • Lower income on equity investments Card i
Slide 21: Costs €979m; 3% increase in line with guidance
AIB Group plc | Half-Year Financial Results | 2025 21 Costs €979m; 3% increase in line with guidance Operating expenses(1) (€m) 947 979 ▪ Costs €979m, up 3%: 149 144 • Staff costs flat due to lower average headcount offset by inflation • General & Admin. up 12% primarily driven by inflation and high
Slide 22: ECL charge €85m (24bps CoR); 1.9% ECL cover
AIB Group plc | Half-Year Financial Results | 2025 22 ECL charge €85m (24bps CoR); 1.9% ECL cover Loan book(1) by Staging & Coverage ECL (charge) / writeback (€m) H1 2025 H1 2024 (€bn) 30.6% 71.2 1.9% 30.4% 71.5 1.9% 3% 3% Macroeconomic assumptions (23) 35 6.6% 5.6% 11% 12% Credit performance (103)
Slide 23: Balance Sheet
AIB Group plc | Half-Year Financial Results | 2025 23 Balance Sheet For For the the life life you’re You’re after after AIB Group plc Half-Year Financial Results AIB Group plc For the Half-Year six months Financial ended 30 June 2025 Results For the six months ended 30 June 2025
Slide 24: Balanced growth in customer loans and customer accounts
AIB Group plc | Half-Year Financial Results | 2025 24 Balanced growth in customer loans and customer accounts Balance sheet (€bn) Jun 2025 Dec 2024 Assets Performing loans 69.6 69.2 ▪ Gross loans €71.6bn increased 1% Non-performing loans 2.0 2.0 Gross loans to customers 71.6 71.2 Expected credit los
Slide 25: Loan book increased 1% to €71.6bn
AIB Group plc | Half-Year Financial Results | 2025 25 Loan book increased 1% to €71.6bn Gross loans €71.6bn increased €0.4bn Gross loans CAGR +c. 5% (€bn) (€bn) 71.6 71.2 6.9 (5.5) (0.3) (0.7) (1.4) 5.5 6.0 + c. 3% 6.0 6.0 71.6 70.2 17.6 17.2 71.2 42.1 42.4 Dec 24 New lending Redemptions NPE FX/Othe
Slide 26: Funding and capital
AIB Group plc | Half-Year Financial Results | 2025 26 Funding and capital For For the the life life you’re You’re after after AIB Group plc Half-Year Financial Results AIB Group plc For theFinancial Half-Year six monthsResults ended 30 June 2025 For the six months ended 30 June 2025
Slide 27: Strong funding and liquidity reserves
AIB Group plc | Half-Year Financial Results | 2025 27 Strong funding and liquidity reserves Total funding composition Customer accounts up 2% (€bn) 138.8 (€bn) 136.6 109.9 112.5 31.4 3.4 4.1 33.1 Corporate * + c.€1.3bn net 12.7 inflows into Term 14.0 Customer accounts 31.1 31.7 €112.5bn Personal & S
Slide 28: CET1 (FL) 16.4% well ahead of regulatory requirements
AIB Group plc | Half-Year Financial Results | 2025 28 CET1 (FL) 16.4% well ahead of regulatory requirements +0.2% (0.1%) 17.5% (1.1%) +1.5% (0.4%) Other 16.4% DTA +1.2% Interim dividend Exclusion of remaining 15.1% H1 profits H1 profits Basel IV CET1% Proforma CET1% CET1% 31 Dec 24 30 Jun 25 30 Jun
Slide 29: Capital management: Pathway to >14% CET1 target
AIB Group plc | Half-Year Financial Results | 2025 29 Capital management: Pathway to >14% CET1 target CET1 Trajectory to >14% target by 2026 (Illustrative) 16.4% + - +/- - - Jun 25 Capital generation Invest in our business Headwinds / Tailwinds Ordinary dividend 40-60% Additional distributions Targe
Slide 30: Guidance and Medium-term targets
AIB Group plc | Half-Year Financial Results | 2025 30 Guidance and Medium-term targets 2025 Guidance 2026 Medium-term targets ▪ Net interest income > €3.6bn Cost(1) ▪ Other income c. €750m < €2.0bn with CIR <50% ▪ Cost increase c. 3% ▪ Cost of risk within the range of 20-30bps ▪ Bank levies & regula
Slide 31: Appendices
AIB Group plc | Half-Year Financial Results | 2025 31 Appendices For the life You’re after AIB Group plc Half-Year Financial Results For the six months ended 30 June 2025
Slide 32: Market leading ESG customer propositions to support transition
AIB Group plc | Half-Year Financial Results | 2025 32 Market leading ESG customer propositions to support transition ESG ratings, commitments & partnerships Propositions ESG Ratings Green Mortgage for Sustainable project energy efficient homes finance 15.9 across AIB, Haven, EBS for Clean Energy and
Slide 33: Average balance sheet
AIB Group plc | Half-Year Financial Results | 2025 33 Average balance sheet H1 2025 H1 2024 Average Average Volume Interest Yield Volume Interest Yield €m €m % €m €m % Assets Customer loans 70,677 1,532 4.37 67,034 1,344 4.02 Investment securities 19,011 324 3.44 17,636 433 4.93 Loans to banks / oth
Slide 34: Customer loans - cashflow
AIB Group plc | Half-Year Financial Results | 2025 34 Customer loans - cashflow Non-performing €bn Performing Loans Customer Loans Loans Gross loans (1 Jan 2025) 69.2 2.0 71.2 New lending 6.9 - 6.9 Redemptions of existing loans (5.5) (0.2) (5.7) Net flow to NPE (0.3) 0.3 - Foreign exchange / other m
Slide 35: Loan book by staging and coverage
AIB Group plc | Half-Year Financial Results | 2025 35 Loan book* by staging and coverage Jun 2025 Gross loan exposures & ECL (€bn) Stage 1 Stage 2 Stage 3** Total Exposure Mortgages 34.5 1.8 0.9 37.2 Loan book by staging – €71.5bn loan exposures Personal 2.7 0.6 0.1 3.4 Property & Construction 5.1 3
Slide 36: Loan book by sector
AIB Group plc | Half-Year Financial Results | 2025 36 Loan book by sector Concentration by sector (%) Jun 2025 Jun 2025 Gross loans (€bn) Residential mortgages 52 At amortised cost (excluding mortgages & personal) Stage 1 Stage 2 Stage 3* Total exposures Property & construction 12 Property & Constru
Slide 37: Asset quality by asset class
AIB Group plc | Half-Year Financial Results | 2025 37 Asset quality by asset class At amortised cost At FVTPL €bn Mortgages Personal Property Corporate & SME Total Total Total Jun 2025 Customer loans 37.2 3.4 8.9 22.1 71.5 0.1 71.6 Total ECL cover (%) 0.7% 4.9% 5.6% 2.0% 1.9% of which NPEs 0.8 0.1 0
Slide 38: Mortgages and personal lending
AIB Group plc | Half-Year Financial Results | 2025 38 Mortgages* and personal lending Total Mortgages Total Mortgages Dec 24 Jun 25 Dec 24 Jun 25 5% 3% 2% 5% 3% 3% 97% 97% 92% 93% €37.0bn €37.2bn €37.0bn €37.2bn (1) Stage 1 Stage 2 Stage 3 Owner-occupier Buy-to-let Total Mortgages Personal lending D
Slide 39: Property and Corporate & SME
AIB Group plc | Half-Year Financial Results | 2025 39 Property and Corporate & SME Property €8.9bn/ ECL cover 5.6% Corporate & SME €22.1bn Natural resources 1% Leisure Residential investment Manufacturing Student accomodation 49% 6% 13% Health, education & social work 12% Housing associations 23% 29
Slide 40: NPEs 2.8% of gross loans
AIB Group plc | Half-Year Financial Results | 2025 40 NPEs 2.8% of gross loans Non-performing exposures (NPEs) ▪ NPEs €2.0bn; NPE ratio 2.8% Jun 25 (Dec 24: €2.0bn / 2.8%); made up of: €bn • €0.8bn Mortgages (40%) • €0.6bn Property (29%) 21.6% • €0.5bn Corporate/SME (25%) Asset class NPE ratio • €0.
Slide 41: Debt securities €20.6bn; primarily held for liquidity purposes
AIB Group plc | Half-Year Financial Results | 2025 41 Debt securities €20.6bn; primarily held for liquidity purposes Debt Securities €bn 6.7 64% Irish 0.1 6.3 36% European 2.2 4.3 0.2 6.6 2.2 4.1 4.1 2.1 1.0 0.1 0.1 0.8 Bank securities Govt securities Asset backed securities Supranational banks and
Slide 42: Capital detail
AIB Group plc | Half-Year Financial Results | 2025 42 Capital detail Transitional and fully loaded capital detail and ratios Transitional Fully loaded Fully loaded RWA – Fully loaded Capital ratios Jun 25 Jun 25 Dec 24 Risk weighted assets (€m) Jun 25 Dec 24 Movement Total risk weighted assets (€m)
Slide 43: Regulatory capital requirements
AIB Group plc | Half-Year Financial Results | 2025 43 Regulatory capital requirements Regulatory capital requirements Jun 25 Dec 25 Dec 26* Pillar 1 4.50% 4.50% 4.50% Pillar 2 requirement (P2R) 1.35% 1.35% 1.35% Capital Conservation Buffer (CCB) 2.50% 2.50% 2.50% O-SII Buffer 1.50% 1.50% 1.50% Count
Slide 44: Summary - warrants issued June 2017
AIB Group plc | Annual Financial Results | 2024 44 Summary - warrants issued June 2017 ▪ Background: warrants issued to the Minister for Finance at the time of the IPO (June 2017) giving the Minister the right to subscribe for 271m new shares in AIB Group plc at the prevailing exercise price ▪ Exerc
Slide 45: Macroeconomic scenarios and sensitivities
AIB Group plc | Annual Financial Results | 2023 45 Macroeconomic scenarios and sensitivities Macroeconomic scenario - Base 2025 2026 2027 2028 2029 Composition of balance sheet by interest rate type at Jun 2025* (%) Republic of Ireland 50% GDP growth 5.7 (6.8) 1.2 2.9 2.8 Interest Residential proper
Slide 46: Credit ratings
AIB Group plc | Half-Year Financial Results | 2025 46 Credit ratings 30 Jun 2025 AIB Group plc (HoldCo) A3 BBB Long term issuer rating Outlook Positive Positive Investment grade ✓ ✓ AIB p.l.c. (OpCo) A1 A Long term issuer rating Outlook Positive Positive Investment grade ✓ ✓
Slide 47: Dividend timetable: interim cash dividend per share 12.328c
AIB Group plc | Annual Financial Results | 2023 47 Dividend timetable: interim cash dividend per share 12.328c Dividend timetable Event Date Half-year results Fri, 1 August 2025 Ex-dividend date Thurs, 21 August 2025 Record date Fri, 22 August 2025 Currency/tax election deadline Fri, 17 October 2025
Slide 48: Contact details
AIB Group plc | Half-Year Financial Results | 2025 48 Contact details Name Email Telephone Niamh Hore niamh.a.hore@aib.ie +353 86 3135647 Head of Group IR Siobhain Walsh siobhain.m.walsh@aib.ie +353 87 3956864 Head of Debt IR Bernie Glynn bernie.a.glynn@aib.ie +353 87 9195707 John McEvoy john.a.mcev