Executive Summary
Auswide Bank Ltd provides various personal and business banking products and services in Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with proven track record.
Similar Companies
Share Price & News
How has Auswide Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ABA is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ABA's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
2.1%
ABA
0.6%
AU Mortgage
-0.3%
AU Market
1 Year Return
4.4%
ABA
-24.2%
AU Mortgage
-1.8%
AU Market
Return vs Industry: ABA exceeded the Australian Mortgage industry which returned -24.2% over the past year.
Return vs Market: ABA exceeded the Australian Market which returned -1.8% over the past year.
Shareholder returns
| ABA | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.1% | 0.6% | -0.3% |
| 30 Day | 1.0% | -3.2% | 1.6% |
| 90 Day | 24.2% | 34.2% | 9.9% |
| 1 Year | 9.3%4.4% | -21.9%-24.2% | 1.5%-1.8% |
| 3 Year | 40.9%19.0% | 7.6%-15.3% | 26.2%10.7% |
| 5 Year | 51.5%13.8% | 47.6%-9.9% | 69.0%35.8% |
Long-Term Price Volatility Vs. Market
How volatile is Auswide Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Did You Participate In Any Of Auswide Bank's (ASX:ABA) Respectable 33% Return?1 month ago | Simply Wall St
Here's Why We Think Auswide Bank (ASX:ABA) Is Well Worth Watching2 months ago | Simply Wall St
Is Auswide Bank Ltd (ASX:ABA) A Great Dividend Stock?Valuation
Is Auswide Bank undervalued compared to its fair value and its price relative to the market?
14.16x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ABA (A$6.2) is trading above our estimate of fair value (A$4.83)
Significantly Below Fair Value: ABA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ABA is good value based on its PE Ratio (14.2x) compared to the XO Mortgage industry average (15.8x).
PE vs Market: ABA is good value based on its PE Ratio (14.2x) compared to the Australian market (22.6x).
Price to Earnings Growth Ratio
PEG Ratio: ABA is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: ABA's PB Ratio (1.1x) is in line with the AU Mortgage industry average.
Next Steps
Future Growth
How is Auswide Bank forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
9.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ABA's forecast earnings growth (9.5% per year) is above the savings rate (2%).
Earnings vs Market: ABA's earnings (9.5% per year) are forecast to grow slower than the Australian market (18% per year).
High Growth Earnings: ABA's earnings are forecast to grow, but not significantly.
Revenue vs Market: ABA's revenue (5.6% per year) is forecast to grow faster than the Australian market (5% per year).
High Growth Revenue: ABA's revenue (5.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ABA's Return on Equity is forecast to be low in 3 years time (11%).
Next Steps
Past Performance
How has Auswide Bank performed over the past 5 years?
9.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABA has high quality earnings.
Growing Profit Margin: ABA's current net profit margins (24.1%) are higher than last year (24.1%).
Past Earnings Growth Analysis
Earnings Trend: ABA's earnings have grown by 9.1% per year over the past 5 years.
Accelerating Growth: ABA's earnings growth over the past year (7.5%) is below its 5-year average (9.1% per year).
Earnings vs Industry: ABA earnings growth over the past year (7.5%) exceeded the Mortgage industry 1%.
Return on Equity
High ROE: ABA's Return on Equity (7.6%) is considered low.
Next Steps
Financial Health
How is Auswide Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: ABA's Assets to Equity ratio (15.7x) is moderate.
Allowance for Bad Loans: ABA has a low allowance for bad loans (68%).
Low Risk Liabilities: 81% of ABA's liabilities are made up of primarily low risk sources of funding.
Loan Level: ABA has an appropriate level of Loans to Assets ratio (84%).
Low Risk Deposits: ABA's Loans to Deposits ratio (111%) is appropriate.
Level of Bad Loans: ABA has an appropriate level of bad loans (0.3%).
Next Steps
Dividend
What is Auswide Bank current dividend yield, its reliability and sustainability?
4.48%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ABA's dividend (4.48%) is higher than the bottom 25% of dividend payers in the Australian market (2.11%).
High Dividend: ABA's dividend (4.48%) is low compared to the top 25% of dividend payers in the Australian market (5.03%).
Stability and Growth of Payments
Stable Dividend: ABA's dividend payments have been volatile in the past 10 years.
Growing Dividend: ABA's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (63.4%), ABA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ABA's dividends in 3 years are forecast to be covered by earnings (67.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.3yrs
Average management tenure
CEO
Martin Barrett (55 yo)
7.92yrs
Tenure
AU$749,830
Compensation
Mr. Martin John Barrett, BA(ECON), MBA, has served as Managing Director and Director of Auswide Bank Ltd. since September 19, 2013 and served as its Chief Executive Officer since February 04, 2013 until Se...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($USD578.75K) is about average for companies of similar size in the Australian market ($USD506.54K).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 7.92yrs | AU$749.83k | 0.52% A$ 1.4m | |
| Company Secretary & CFO | 19.75yrs | AU$394.86k | 0.084% A$ 223.5k | |
| Chief Operating Officer | 6yrs | AU$279.56k | 0.0091% A$ 24.2k | |
| Chief People & Property Officer | 4.58yrs | AU$258.41k | 0.28% A$ 751.3k | |
| Chief Risk Officer | 6.5yrs | AU$261.95k | 0.033% A$ 86.8k | |
| Chief Customer Officer | 4.58yrs | AU$342.25k | no data | |
| Chief Information Officer | 0.75yr | no data | no data | |
| Administration Manager | no data | no data | no data | |
| Group Treasurer | 8yrs | no data | no data |
6.3yrs
Average Tenure
Experienced Management: ABA's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 7.92yrs | AU$749.83k | 0.52% A$ 1.4m | |
| Independent Non-Executive Director | 7.17yrs | AU$108.50k | 0.035% A$ 93.0k | |
| Non-Executive Director | no data | no data | no data | |
| Independent Non-Executive Director | 9.17yrs | AU$108.50k | 0.10% A$ 268.4k | |
| Independent Non-Executive Chairman | 0.083yr | AU$108.50k | no data |
7.3yrs
Average Tenure
64yo
Average Age
Experienced Board: ABA's board of directors are considered experienced (7.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Auswide Bank Ltd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Auswide Bank Ltd
- Ticker: ABA
- Exchange: ASX
- Founded: 1966
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: AU$264.689m
- Shares outstanding: 42.69m
- Website: https://www.auswidebank.com.au
Location
- Auswide Bank Ltd
- 16-20 Barolin Street
- Bundaberg
- Queensland
- 4670
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ABA | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Oct 1994 |
| ABA | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Oct 1994 |
Biography
Auswide Bank Ltd provides various personal and business banking products and services in Australia. The company accepts personal and business accounts, and term deposits; and grants home loans, car and per...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 07:09 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.