Anglo Irish Bank has reported pre-tax profits of €850m for the year to the end of September, up 38% on the same period a year earlier.
Earnings per share climbed 32% to a record 93.7 cent, ahead of expectations, while a final dividend of 10.84 cent gives a 20% higher total of 16.24 cent for the year.
The bank's total assets increased by 48% to €73.3 billion, while lending grew by 45% to €50.2 billion. Anglo Irish says another €8.7 billion worth of loans are in the pipeline.
Chief executive David Drumm described the growth as 'outstanding', saying that the €8.7 billion figure pointed to a strong start to the current financial year.
Anglo Irish said provisions for bad debts of €270m, 0.5% of the total, demonstrated the rigour of its risk management standards.
A breakdown showed that lending in Ireland was up 46% to €28.6 billion, UK lending grew by 37% to €17.2 billion and North American lending almost doubled to €4.4 billion.
In its treasury division, customer deposits increased by 46% to €36.9 billion. The wealth management division contributed €53m to profits, up 39%.
Shares in the bank closed 49 cent higher at €14.84 in Dublin this evening - a gain of over 3%.
