Bank of Ireland shares up on strong outlook, profit beat By Investing.com

Bank Performance and Guidance: Bank of Ireland shares rose over 3% after reporting a 4% underlying profit before tax beat, driven by lower impairments. The bank's new guidance targets a return on tangible equity exceeding 17% by 2027, which has positively influenced investor sentiment.

Financial Metrics and Risks: Despite announcing a dividend and share buyback program below expectations, the bank's tangible book value increased by 5%. However, net interest income declined slightly, and a €172 million charge related to regulatory reviews poses potential risks, although overall impairment charges were lower than anticipated.