Bank of Ireland Group plc (BIRG) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. I'm Eamonn Hughes, Investor Relations Officer, and you're all very welcome to Bank of Ireland's 2025 results and strategy update. Myles will shortly take you through an overview of our business and how it performed over the last cycle. Mark will then go through the key points from our 2025 financial results. And then we'll turn to our strategy update, covering our plans for the next three years to 2028. We'll then wrap up with the investment case for the group and open to the floor for your questions. Over to you, Miles. Good morning, everyone, for those with us in person in London and those on the call. You're very welcome to our 2025 results and strategy update. I'd like to start by giving you an overview of the unique shape and deep reach of Bank of Ireland's franchise. Put simply, we have an unrivaled position in Ireland with complementary international businesses. What you see on the first slide is that unrivaled position across mortgages, everyday banking, corporate and commercial lending, and welcome insurance. Our position is underpinned by four long-established respected brands, Bank of Ireland, Davey, New Ireland, and Bank of Ireland UK. This embeds the group into every community in Ireland, its economy, and indeed its society. This is key to our growth over the coming years, complemented by supportive businesses outside of Ireland. Being embedded in Ireland means being embedded in one of Europe's fastest-growing economies. This is a highly attractive market driving balance sheet growth. Ireland's average annual GDP growth is forecast to be 3% out to 2028, and its demographics are also highly supportive. These include a population expected to increase by 17% by 2040, the structural growth story in wealth management, sustained credit ...