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flag PTSB pays first dividend since 2008 despite lower profit, signaling recovery amid takeover interest.

flag PTSB has declared its first dividend since 2008, signaling progress in its recovery, despite a 19.5% drop in pre-tax profit to €128 million in 2025 due to lower interest rates and one-time costs. flag The bank reported stronger second-half performance, with mortgage market share rising to 20%, deposits up 6%, and new lending increasing 31%. flag Operating costs fell 2%, and a voluntary severance scheme reduced staff by 10%. flag The €10 million dividend, mostly benefiting the Irish government, comes as the bank prepares for a second round of takeover bids, with potential suitors including Raiffeisen, Centerbridge, and Lone Star.

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