AIB Group plc (AIBG) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

In life, you've around twenty nine thousand days. Go after everyone. Don't live in the someday. Because life isn't measured in years but in moments where in the hush of a breath, you reach out into the unknown and go for the life you really want. At AIB, we're here to help you get those moments. Go after everyone. AIB for the life you're after. Good morning, and welcome to the presentation of AIB Group's results for the first half of twenty twenty six. I'm conscious that the analyst community has a very busy day of announcements, so Donal and I will get through the performance highlights at a decent clip before we open to the floor for your questions. H1 was another period of progress with purpose for AIB, building on our exceptional customer franchise and the momentum of recent years. We're pleased to be reporting a profit after tax of EUR $939,000,000, representing a ROTE of 23.2%, with strong organic capital generation of circa 170 bps and a closing CET1 of 16.1%. The strong financial outturns reflect an excellent performance across the business with new lending of EUR 7,500,000,000, an increase of 10%, bringing our gross loans to EUR 74,500,000,000, representing growth of 3% since the start of the year. With good visibility in the second half pipeline and a strong first half booked, we're well on course to meet our full year guidance for loan growth of circa 5%. Now in the face of an evolving competitive environment, our NIM remains resilient at 2.68% and our deposit base grew to almost EUR 119,000,000,000. And all of this positions us well to declare an interim dividend of EUR 19.528 per share, representing an increase of almost 60% on the prior year. Sustainability continues to sit at the very heart of our mission and our purpose. Greener transition lending acc...