Permanent TSB has reported good growth in new mortgage lending for the first quarter of 2017.
In a trading update ahead of the bank's AGM today, Permanent TSB said new mortgage lending grew by 63% compared to the same time last year.
As a result, the bank said its market share of drawdowns rose to 10.4%.
This moved it back towards the level targeted in its initial public offering two years ago.
PTSB had told investors it would aim to capture 13-17% of new mortgage lending by 2018 when the Government sold an initial 25% of the bank, but its share had remained below double-digit territory.
The bank's chief executive Jeremy Masding had said in March that the trends he was seeing were "really positive".
In today's trading update, Permanent TSB also noted that its term lending was up 54%, of which about 25% was originated through online channels.
The bank's net interest margin, which shows how profitable its lending is, rose to 1.8% from 1.59% at the end of 2016.
The bank's core tier one capital ratio, a key measure of financial strength, inched up to 15.1% from 14.9%.
However, its customer deposits decreased to €16.9 billion at the end of March from €17 billion at the end of December 2016.
The bank said impairment trends are in line with its expectations, while it added that it continued to develop the next phase of its non-performing loans strategy.
It said it will update the market with details of this strategy in the third quarter of this year.
Shares in the bank closed 5.38% higher in Dublin trade today.
