PTSB posts €75m pre-tax profit in first half of 2024 

Bank posted a 'strong performance' in its first half, underpinned by a high interest rate environment

PTSB CEO Eamonn Crowley & CFO Nicola O'Brien

PTSB posted a €75m pre-tax profit in the first six months of this year, underpinned by a high interest rate environment and growing mortgage market share, the bank said on Thursday.

The group's pre-tax profit rose by €50m compared to the first six months of last year, however, underlying profit fell by 4% in the same period.