PTSB has reported lower pre-tax profits and income for the year to the end of December but said it would pay its first dividend since 2008.
PTSB said its profit before tax fell by 19.5% to €128m from €159m the previous year, while its total income was 3% lower at €655m.
The bank said its Net Interest Income fell by 4% to €590m due to a fall in interest rates, while its operating costs for the year were down 2% to €519m.
Its net interest margin - the difference between the average rates at which the bank funds itself and lends to customers - declined to 2.03% from 2.2% in 2024.
"The backdrop here is a similar backdrop to the two other banks in the market, where the interest rate environment between 2024 and 2025 reduced significantly and that had an impact on interest income," said PTSB CEO Eamonn Crowley.
"But what we saw based on balance sheet growth in the second-half of the year, our income started to pick up because we were growing our loan book," he said.
"We lent €3.4 billion into the economy last year - that was up 30%, that's the highest level since 2007. Our market share in mortgages has increased to 20% and our balances were up 4%."
PTSB's share of the mortgage market last year compares to a 16.4% share in 2024.
The bank said its total new lending during the year jumped by 31% to €3.4 billion, while new mortgage lending soared by 39% to €2.9 billion.
Meanwhile, its customer deposits rose by 6% to €25.6 billion, the bank added. That is a slower rate of growth than was recorded by AIB and Bank of Ireland in their respective annual results, however Mr Crowley said the bank did have an attractive offer to draw in customers' cash.
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"We do have offers where we're attracting customers to our bank," he said. "And indeed, if you look at the proportion of term deposits versus overall deposits at the bank, we're higher than the other two banks as well."
"So overall, I think we're in a good place when we compete," he added,
The bank said its workforce numbers reduced by more than 300 or 10% to 2,918, after its voluntary severance scheme and natural attrition.
It said the voluntary severance scheme is expected to generate annualised savings of about €21m, less than half of which came through in 2025.
It also announced a final dividend of €10m - the bank's first since 2008.
As PTSB remains majority State owned, the Exchequer will be the main beneficiary of that dividend, however that may not be the case with future shareholder returns as the bank continues to look for a potential acquirer.
That began in October 2025, with Goldman Sach's handling the process.
"I am subject to take over panel rules, which absolutely limit what I can say. Just to say that the process is ongoing," said Mr Crowley.
He also said there was "no deadline" as to when a sale would be completed or - alternatively - the bank decided to take itself off the market.
"It's an open process. It was open to anyone to come and have a look and express interest in the bank and the process continues," he said.
PTSB shares rose in Dublin trade today.
