AIB has today retained its full year guidance after it reported an 11% year on year rise in first quarter new lending.
In a trading update for the first three months of 2026 and issued ahead of its AGM today, AIB said its total income was broadly in line with the same time last year.
The bank said gross loans increased by 1.7% to €73.5 billion from the fourth quarter of 2025, with new lending up 11% to €3.6 billion.
Its mortgage market share stood at 30% by the end of March.
It noted that green and transition lending of €1.5 billion accounted for 42% of new lending with €24.4 billion deployed since 2019 as the bank continues to support our customers to transition to a more sustainable future.
Green mortgages represented 61% of new mortgage lending, it added.
The bank's operating costs were up 2% in line with guidance.
AIB said its Net Interest Income was down 3% to €0.92 billion from €0.95 billion in the first quarter of 2025, mainly due to lower interest rates partially offset by an increase in average volumes.
AIB's chief executive Colin Hunt said that having entered 2026 with great momentum in the business, the bank delivered a strong performance in the first quarter.
"Gross loans grew by 1.7% to €73.5 billion for the period and new lending increased by 11% to €3.6 billion, of which 42% was green," the CEO said.
"Notwithstanding the geopolitical uncertainty, the Irish economy continues to perform well and we remain confident in our outlook for 2026," he said.
"AIB plays a key role by supporting our customers and communities through our extensive branch network and digital channels. We remain on course to deliver strong, sustainable returns to our shareholders as we progress through the final year of our current strategic cycle," he added.
