Bank of Ireland sees before tax profit decline over 34%

Myles O’Grady, chief executive of Bank of Ireland. 

Bank of Ireland has seen its profit before tax fall by over 34% during the first half of the year as it sees a decline in its overall interest rate income and reports an impairment charge of €137m.

According to the company’s interim results for the period January to June this year, the company said it generated a profit before tax of €721m - down from the €1.1bn recorded during the same period in 2024.