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AIB: Full Privatisation Story; Spread Positive But Improvements Already Known

FINANCIALS

Allied Irish story about full privatisation:

  • AIB CEO SAYS 2025 TOTAL GOVT EXIT IN 'BOUNDS OF POSSIBILITY':FT
Indicative of how strongly profitability has come back for AIB, alongside the strong run of the SX7P in recent months (+26% since Oct-23 lows, +12% YTD). The profitability point is spread positive but little surprise, in our view.
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Allied Irish story about full privatisation:

  • AIB CEO SAYS 2025 TOTAL GOVT EXIT IN 'BOUNDS OF POSSIBILITY':FT
Indicative of how strongly profitability has come back for AIB, alongside the strong run of the SX7P in recent months (+26% since Oct-23 lows, +12% YTD). The profitability point is spread positive but little surprise, in our view.