Permanent TSB Group Holdings Plc Explained

Permanent TSB Group Holdings Plc is a prominent Irish bank. It's a subsidiary of the Spanish bank Banco Santander.

The bank was founded in 1880, making it one of Ireland's oldest banks. It's been around for over 140 years, serving the community.

Permanent TSB Group Holdings Plc is headquartered in Dublin, Ireland, with a strong presence in the country.

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Permanent TSB is a majority state-owned bank by the Irish government. They have over one million customers in Ireland.

You can find answers to everyday banking questions on their website. If you can't find what you're looking for, you can call them from outside Ireland on +353 1 212 4290.

Doing some research and evaluating options will ultimately save you time and money, so it's a good idea to compare money transfer providers.

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Permanent TSB has a strong leadership team, with Eamonn Crowley serving as the CEO since 2020. He's been leading the company for over three years, bringing a wealth of experience to the role.

The company's Chief Operating Officer is Peter Vance, who has been in the position since 2020-12-31. Unfortunately, his age is not publicly available.

Tom Hayes is the Chief Tech/Sci/R&D Officer, and he's been in the role since 2016-12-31. Like Peter, his age is not publicly disclosed.

On the board of directors, we have Ronan O'Neill, a seasoned director who has been with the company since 2016-07-25. He's 71 years young and has a wealth of knowledge to share.

Eamonn Crowley is also a director, and he's been in the position since 2017-05-09. As the CEO, he brings a unique perspective to the board.

Ruth Wandhöfer is another director, and she's been with the company since 2018-10-29. At 49 years old, she's a bright and ambitious addition to the team.

Here's a brief overview of the key managers and directors at Permanent TSB:

Permanent TSB is a bank that's majority state owned by the Irish government. It has a significant presence in Ireland, serving over one million customers.

You can find answers to everyday banking questions on their website. This is especially helpful if you're looking for quick and easy solutions to common banking issues.

If you can't find the answer you're looking for online, you can call them from outside Ireland on +353 1 212 4290. This is a convenient option for those who prefer to speak with a representative directly.

Doing some research and evaluating options before making a decision can ultimately save you time and money. This is especially true when it comes to comparing different money transfer providers, as mentioned in the article.

Permanent TSB has recently announced that Ronan O'Neill, a Non-Executive Director, will be retiring from the Board on 30 July 2025.

Barry D'Arcy has been promoted to Chief Financial Officer (CFO) from his previous role as Chief Risk Officer. This change took effect on an unspecified date, but news articles suggest it was around the same time as the announcement.

The bank has also announced some positive financial results, with higher net interest income and operating income for the nine-month period ending October 2024.

Here are the key financial highlights:

Permanent TSB has also been active in the stock market, buying back 592,943 shares in an odd-lot offer on October 14, 2024.

Permanent TSB offers a range of services and products to its customers.

The bank provides a variety of current and savings accounts, including the Permanent TSB Everyday Account and the Permanent TSB Savings Account.

You can manage your finances on the go with the Permanent TSB Mobile Banking App, which allows you to check your balance, pay bills, and transfer money.

Let's take a closer look at the valuation of Group Holdings Plc. The company's market capitalization has fluctuated over the years, ranging from 694M to 131B.

The P/E ratio is an important metric for investors, and in 2024, it was 9.64x. This is a relatively low ratio, indicating that the stock may be undervalued.

In 2025, the P/E ratio is expected to increase to 10.1x, which is a slight improvement. However, it's essential to consider other factors, such as the enterprise value and EV/Sales ratio.

The enterprise value of Group Holdings Plc has also varied, ranging from 839M to 131B. The EV/Sales ratio in 2024 was 1.26x, which is a relatively low ratio.

Here's a summary of the valuation metrics:

The free-float of the company is 23.99%, which is relatively high. The yield in 2024 was 0.4%, while in 2025, it's expected to increase to 2.53%.

Permanent TSB offers international currency transfers to or from your account in the euro, UK pounds, US dollars, and many other popular currencies, but be aware that their exchange rate margin is around 5.0%.

You can save time and money by using a specialist currency broker instead. Our recommended providers, such as TorFX and Wise, offer significantly lower exchange rate margins, with TorFX offering a margin of 0.7% on a 100,000 euro transfer.

The fees associated with international currency transfers can add up quickly. According to the Permanent TSB international money transfers section, additional bank transaction or commission fees may apply.

Here are some key services to consider:

By choosing the right service, you can save a significant amount of money on your international currency transfers.

The Branch Finder is a convenient tool that helps you locate Permanent TSB branches near you. You can simply enter the bank name and optionally a city or country to get the closest branches in your search area.

To use the Branch Finder, you don't need to know the exact location of the branch, just the name of the bank and the area you're searching in.

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PTSB has made significant changes to its leadership team, with Ronan O'Neill announcing his retirement from the board on July 30, 2025. This change will likely impact the bank's future direction.

The bank has also undergone a rebranding process, adopting the acronym PTSB from its full name. This new branding aims to emphasize the bank's commitment to delivering a better banking experience.

PTSB has invested heavily in technology, with a €200 million investment aimed at enhancing customer experience on its online banking platform and digital app. This investment is expected to bring about significant improvements.

Barry D'Arcy has been appointed as the new Chief Financial Officer (CFO) of PTSB, replacing the previous Chief Risk Officer in this role. This change is likely to have a positive impact on the bank's financial management.

Here are some key facts about PTSB's leadership changes:

PTSB has also made significant investments in its people, welcoming over 330 new staff from Ulster Bank and increasing its front-line and customer support staff by 150.

Digital banking is expected to grow exponentially, with online transactions projected to reach 1.3 billion by 2025. This shift in consumer behavior will lead to a significant increase in demand for mobile banking services.

The rise of fintech companies has already disrupted the traditional banking industry, with many offering low-cost and user-friendly financial solutions. These companies have successfully targeted underserved markets and provided innovative services such as peer-to-peer lending and digital wallets.

Mobile banking apps are becoming increasingly popular, with 70% of smartphone users using mobile banking services. This trend is expected to continue, with mobile banking transactions projected to reach 1.2 trillion by 2027.

The future of banking will be shaped by emerging technologies such as blockchain, artificial intelligence, and the Internet of Things (IoT). These technologies will enable faster, more secure, and more personalized financial services.

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Permanent TSB has taken significant steps to improve its customer experience.

The Bank has introduced a host role in all 98 branches to provide a more personalized service to customers.

A vulnerable customer support team has also been established to cater to the specific needs of vulnerable customers.

PTSB Protect, a new feature in the banking app, helps prevent customers from falling victim to fraudulent scams.