Oireachtas Joint and Select Committees
Thursday, 4 April 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector: Bank of Ireland
Ms Francesca McDonagh:
It was €1.078 billion in 2017 and €935 million in 2018. This is a technical aspect but it is important from an investor perspective. We look at return on tangible equity which is another way of looking at profitability from an investor perspective. That increased from 6.9% in 2017 to 7.2% in 2018.
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