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Anglo Irish Bank today (Wednesday 29th November 2000) published its preliminary statement for the year to 30th September 2000. |
| ANGLO IRISH BANK
Preliminary Results for the Year to 30th September 2000
H I G H L I G H T S
Anglo Irish Bank today (Wednesday 29th November 2000) published its preliminary statement for the year to 30th September 2000.
� Pre tax profits up 50% �133.6 million (1999: �89.1 million)
� Post-tax profits up 46% to �108.9 million (1999: �74.4 million)
� Earnings per share up 38% to 29.73c (1999: 21.5c)
� Total assets of �11.047 billion (1999 �7.935 billion)
� Return on shareholders funds was 29% (up from 27% in 1999)
� Cost income ratio 32%
� Total dividend proposed of 8.7c, up 20% on 1999.
Commenting on the results, Mr. Sean FitzPatrick, Group Chief Executive, said:
"Today�s excellent results are the fruits of the Bank�s clear and consistent strategy of focussing on clearly defined markets where we can add value".
"We have continued to grow our market share in what is a highly competitive banking environment in our core markets in Ireland and the UK. We have continued to broaden our income base by growing our fee-based businesses. All our operations have contributed to the growth in these figures and I am confident that we will continue to deliver further growth in 2001."
-ends-
For reference:
Sean FitzPatrick, Group Chief Executive, Willie McAteer, Group Finance Director, Mary Nolan, Group Marketing Manager, Anglo Irish Bank Tel: (01) 616 2000. Trish Morrissey/Billy Murphy,
Drury Communications Tel: (01) 260 5000
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| 29 November 2000 |
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