Permanent TSB Group Holdings PLC ILPMY

FinancialsBanking ServicesIreland

Last close 3.35 USD on Nov 2, 2026, +9.1% year to date

Quant rating

Quant rating C Rank 199 of 304 in Financials

Growth C 159 of 304
Valuation D 254 of 304
Quality C 178 of 304
Revisions B 85 of 304
Momentum C 198 of 304

Wall Street consensus Hold (2.67)Average target 3.46 USD +3.3%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 1.8B
Enterprise value: 2.3B
52-week range: 3.07 – 4.18
3-year range: 1.37 – 4.18
Dividend yield: 0.64%
Beta (5 years): −0.29
Shares outstanding: 545M
Next earnings: Mar 3, 2027

About the company

Permanent TSB Group Holdings plc is an Ireland-based full-service retail and small and medium-sized enterprise (SME) bank. The Company’s subsidiary is Permanent TSB plc, the Company is involved in retail banking under the Permanent TSB brand. The Company provides mainstream transactional banking, lending, saving and deposit-taking services. The Company offers its services through a multichannel service and distribution model, such as branch network, brokers, direct, digital and SME. The Company operates in the Republic of Ireland through a network of approximately 78 branches. The Company is focused on diversifying its key products such as Credit and Asset Finance products in the Business Banking market, and Consumer Term Loans, Deposits & Current Accounts, Insurance and Pensions and Investments in the Personal Banking market.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	1,031	931	859	446	402	–
Revenue growth	10.8%	8.4%	92.4%	10.9%	−13.7%	17.2%
EPS (basic, normalized)	0.23	0.23	0.10	−0.02	−0.07	–
EPS growth	3.4%	127.4%	–	–	–	–
Gross margin	–	–	–	–	–	–
Net margin	8.1%	13.2%	3.2%	51.1%	−11.6%	12.8%
ROE	4.5%	4.9%	7.7%	3.1%	0.6%	4.2%

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Tier 1 risk-adjusted capital ratio	–
Long-term debt (mil)	–
Net debt (mil)	–
Total equity (mil)	–
Net debt / equity	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			Book value per share			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	P/B	Mean est.	Growth	P/E
2025 actual	1,031	+10.8%	2.3x	4.76	+17.6%	0.7x	0.24	+1.9%	13.9x
2026	781	−24.3%	3.0x	4.74	−0.5%	0.7x	0.28	+16.0%	12.0x
2027	862	+10.4%	2.7x	4.93	+4.0%	0.7x	0.32	+16.0%	10.4x
2028	935	+8.5%	2.5x	5.19	+5.2%	0.6x	0.42	+31.0%	7.9x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	781	−0.4%	−0.8%	−0.2%	0.28	0.0%	+1.2%	+4.4%
2027	862	+0.4%	+0.3%	+0.6%	0.32	+1.8%	+1.5%	−0.3%
2028	935	+1.8%	+1.2%	+1.0%	0.42	0.0%	−1.5%	−3.0%

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
	FQ-9	FQ-8	FQ-7	FQ-6	FQ-5	FQ-4	FQ-3	FQ-2	FQ-1	FQ0
Sales reported (mil)	–	–	–	–	–	–	–	–	–	–
Sales mean (mil)	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–
EPS reported	–	–	–	–	–	–	–	–	–	–
EPS mean	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–

FQ0 is the most recent reported quarter, FQ-1 the one before, and so on.

Peer comparison Banking Services

Peers in the same industry group, by market capitalization
Company	Market cap	Tier 1 ratio	Net margin	Deposits/loans	FY1 P/E	FY2 P/E	FY1 P/B	FY2 P/B
ILPMY Permanent TSB Group Holdings PLC	1.8B	–	8.1%	1.16x	12.0x	10.4x	0.7x	0.7x
FSUN Firstsun Capital Bancorp	1.8B	13.0%	20.9%	1.08x	11.9x	8.9x	1.0x	0.9x
RBCAA Republic Bancorp Inc	1.8B	17.6%	29.9%	0.97x	13.9x	13.4x	1.5x	1.4x
HAPN Happen, Inc.	1.8B	–	13.6%	–	8.2x	6.5x	1.1x	0.9x
INTR Inter & Co Inc	1.8B	–	15.2%	1.34x	5.6x	4.5x	0.8x	0.7x
EZPW EZCORP Inc	1.8B	–	8.6%	–	14.2x	13.2x	2.0x	1.7x
Mean		15.3%	16.1%	1.14x	11.0x	9.5x	1.2x	1.1x
Median		15.3%	14.4%	1.12x	12.0x	9.7x	1.0x	0.9x

Technical analysis

1M–
3M−0.3%
1Y+6.3%
3Y+66.7%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Permanent TSB Group Holdings PLC, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Interest income	1,031	931	859	446	402	467
Total interest expense	338	297	174	58.9	46.6	50.1
Net interest income	693	634	684	387	356	416
Loan loss provision	−45.8	−31.1	61.8	7.5	−1.1	189
Net interest income after loan loss provision	739	665	622	380	357	227
Non-interest income	130	107	102	477	87.5	72.1
Non-interest expense	−719	−607	−637	−571	−468	−502
Net income before taxes	150	165	87.2	286	−23.9	−203
Provision for taxes	16.4	−3.1	12.1	47.1	−1.1	−4.9
Minority interest & equity in affiliates	–	–	–	–	–	–
Other	0	0	0	0	0	0
Net income before extraordinary items	134	168	75.0	239	−22.7	−198
Extraordinary items	–	–	–	–	–	–
Net income	134	168	75.0	239	−22.7	−198
Basic weighted average shares (mil)	545	545	546	468	455	455
Diluted weighted average shares (mil)	545	545	546	468	455	455
Basic EPS excluding extraordinary items	0.15	0.23	0.05	0.49	−0.10	−0.46
Basic EPS, normalized	0.23	0.23	0.10	−0.02	−0.07	−0.35

Balance sheet in millions of USD, fiscal years

Balance sheet, Permanent TSB Group Holdings PLC, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & due from banks	1,921	2,167	2,102	1,894	4,434	3,696
Other earning assets	6,405	4,566	3,677	3,446	2,860	3,180
Net loans	26,131	22,179	23,647	20,969	16,206	17,358
Property, plant & equipment	222	189	226	218	216	232
Goodwill	–	–	–	–	–	–
Intangibles	309	221	206	171	139	125
Long-term investments	38.8	31.1	23.2	46.0	31.8	29.3
Other long-term assets	363	340	354	350	430	464
Other assets	391	261	394	659	961	546
Total assets	35,781	29,953	30,630	27,754	25,277	25,630
Liabilities
Accounts payable	–	–	–	–	–	–
Payable/accrued	–	–	–	–	–	–
Accrued expenses	120	100	130	102	103	8.5
Total deposits	30,188	25,080	25,784	23,913	22,095	22,031
Other bearing liabilities	–	–	–	–	–	–
Short-term borrowings	–	–	–	–	–	–
Current portion of long-term debt	72.8	64.2	66.2	6.4	5.7	8.5
Long-term debt	2,396	2,030	1,925	1,008	912	1,021
Minority interest	–	–	–	–	–	–
Other liabilities	90.4	56.9	55.2	158	127	178
Total liabilities	32,867	27,332	27,961	25,187	23,243	23,247
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	319	282	301	292	258	277
Additional paid-in capital	944	832	887	860	379	407
Retained earnings (accumulated deficit)	1,319	1,083	1,024	950	1,179	1,320
Treasury stock	–	–	–	–	–	–
Other equity	331	424	457	463	218	379
Total equity	2,914	2,621	2,670	2,566	2,034	2,383
Total liabilities & shareholders' equity	35,781	29,953	30,630	27,754	25,277	25,630

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Permanent TSB Group Holdings PLC, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	150	165	87.2	286	−23.9	−203
Depreciation, depletion & amortization	98.7	94.2	73.9	55.7	53.4	44.0
Deferred taxes	–	–	–	–	–	–
Non-cash items	263	245	168	−306	47.7	129
Changes in working capital	231	823	1,628	3,558	740	2,901
Cash from operations	743	1,327	1,957	3,594	817	2,871
Investing activities
Capital expenditures	−47.0	−42.4	−67.3	−65.3	−27.3	−66.0
Other investing cash flows	−1,160	−1,082	−1,889	−5,937	86.4	−714
Cash from investing	−1,207	−1,124	−1,957	−6,003	59.1	−780
Financing activities
Financing cash flow items	−59.9	−53.8	−57.4	−19.3	−23.9	–
Cash dividends paid	–	–	–	–	–	−13.4
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−37.6	−9.3	−7.7	256	141	140
Cash from financing	−97.5	−63.2	−65.1	237	117	127
Foreign exchange effects	–	–	–	–	–	–
Net change in cash	−561	140	−65.1	−2,173	994	2,218
Free cash flow	696	1,285	1,889	3,528	790	2,805

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.