BAWAG's acquisition of PTSB shareholders approved
The transaction is expected to close in Q4 2026 or Q1 2027, pending regulatory approvals.
See the latest news and media coverage for BAWAG. We track all announcements, press releases, and industry mentions in real time, all in one place.
Publicly listed banking holding company
bawaggroup.comLast updated
In short: BAWAG reported strong profits and signed a significant $1.9 billion agreement to acquire the Irish retail lender Permanent TSB (PTSB).
The transaction is expected to close in Q4 2026 or Q1 2027, pending regulatory approvals.
Net profit rose 21% year-over-year, supported by revenue growth and synergy gains. CET1 ratio at 17.4% prepares for PTSB acquisition.
Annual General Meeting approved it for 2025. Employee share programs align staff with shareholders, fostering owner-operator mindset. HR Head emphasizes ownership culture.
Approval covers 2025 financial year with record €860 million net profit. Dividend pays out April 29, 2026.
BAWAG increases net profit to EUR 255 million, drives expansion in Ireland and Germany and receives positive analyst ratings.
PTSB owners approve with 91.3 percent the takeover by Bawag. The 1.6 billion euro deal now awaits regulatory approvals.
Shareholders of PTSB voted 91 percent in favor of the deal. Approvals from the Irish High Court and regulators are still pending...
Here you can rate and customize the services we want to use on this website. You have the say! Activate or deactivate the services...
Track BAWAG and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to BAWAG and other trending companies.