Anglo Irish Bank expects earnings per share to grow by 40% in the six months to the end of March compared with the same period last year.
In a trading statement, it said all of its businesses had enjoyed 'positive trading' in the first five months. The 40% figure excludes €22m in profits from the sale of its Isle of Man trust business in December.
Anglo said the amount of money it lent in the first five months of its financial year was up €7.3 billion compared with a year earlier. The bank has recruited an additional 110 staff in the period.
Chief executive David Drumm said all of its businesses were 'delivering high quality growth', and the figures pointed towards a strong result for the full year. Davy Stockbrokers recently said it expected earnings growth of 23% for the full year.
Shares in the bank were up 89 cent, or 5.7%, at €16.30 in Dublin this afternoon.
