Bank of Ireland Group plc (BIRG) Q2 2026 Earnings Call

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WEBVTT 00:00:00.051 -- 00:00:04.994 Good morning everyone. I'm Eamonn Hughes, Investor Relations Officer and you're all very 00:00:04.994 -- 00:00:09.676 welcome to Bank of Ireland's H1 2026 results presentation. 00:00:09.676 -- 00:00:14.759 You'll shortly hear from our CEO Myles O'Grady and CFO Mark Spain about a performance 00:00:14.759 -- 00:00:18.521 since the start of the year and then we'll open the floor to questions. 00:00:18.521 -- 00:00:20.386 So over to you Myles. 00:00:20.386 -- 00:00:25.670 Thanks Eamonn and good morning everyone. I'm pleased to report a profit before tax of 00:00:25.670 -- 00:00:30.714 960 million, driving EPS growth of 36% and 00:00:30.714 -- 00:00:35.898 returns of 14.4%. We are meeting or beating all strategic 00:00:35.898 -- 00:00:40.961 targets, growing loans and deposits and wealth assets under management. 00:00:40.961 -- 00:00:46.005 All of this supports upgraded guidance for this year and reaffirms a positive outlook 00:00:46.005 -- 00:00:48.145 to 2028. 00:00:48.708 -- 00:00:52.570 On slide five, I've summarized our updated three-year strategy. 00:00:52.570 -- 00:00:57.572 And as a quick reminder, we are driving growth in Ireland, optimizing capital 00:00:57.572 -- 00:01:02.854 allocation, and investing for the future. All of which drive growth, create 00:01:02.854 -- 00:01:07.675 operating leverage, and substantially improve returns. 00:01:08.296 -- 00:01:13.299 Turn to the macro environment. Ireland is a highly attractive market, and we have an 00:01:13.299 -- 00:01:17.607 unrivaled position as Ireland's national champion bank. 00:01:17.607 -- 00:01:21.809 Ireland benefits from being an open economy but there are also some risks. 00:01:21.809 -- 00:01:26.952 And while the team and I remain alert to the uncertain geopolitical ...