GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Permanent TSB Group Holdings PLC (DUB:PTSB) » Definitions » Altman Z-Score

Permanent TSB Group Holdings (DUB:PTSB) Altman Z-Score


View and export this data going back to 2015. Start your Free Trial

What is Permanent TSB Group Holdings Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


Permanent TSB Group Holdings (DUB:PTSB) Business Description

Traded in Other Exchanges
Address
56 - 59, St. Stephen's Green, Dublin, IRL, 2
Permanent TSB Group Holdings PLC is a traditional retail banking group operating in Ireland. The company primarily serves individual customers and small- to medium-sized enterprises through a multi-channel distribution model. Such channels include branches, brokers, mobile, phone, and online banking. The group's strategy emphasizes developing customer relationships and maintaining a low-risk profile. Nearly all of the bank's income is net interest income, derived mostly from loans and advances to customers.