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Bank Of Ireland Turns To Profit In 2011 - Quick Facts

Bank Of Ireland (IRE) posted 2011 profit attributable to stockholders of 45 million euros versus loss of 614 million euros last year.

Loss per unit of 0.05 euros ordinary stock was 0.7 cents versus loss of 21.5 cents a year ago.

Loss before tax narrowed to 190 million euros from 950 million euros in the prior year. Underlying loss before tax narrowed to 1.52 billion euros from last year's 3.46 billion euros.

Net interest income declined year-over-year to 1.53 billion euros from 2.22 billion euros.

by RTTNews Staff Writer

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