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PTSB, Ireland’s second-largest mortgage lender, gains market share despite income drop.
In the first quarter of 2025, PTSB, Ireland's second-largest mortgage lender, saw its share of new mortgage lending rise to 20.1%, up from 13.4% in the same period last year.
Despite a 9% drop in net interest income due to lower interest rates, the bank's CEO remains optimistic about 2025.
PTSB's total gross loans increased to €22 billion, and its non-performing loans stayed stable at 1.7% of gross loans.
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PTSB, el segundo mayor prestamista hipotecario de Irlanda, gana cuota de mercado a pesar de la caída de los ingresos.