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Auswide Bank

ASX:ABA
Snowflake Description

Excellent balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ABA
ASX
A$229M
Market Cap
  1. Home
  2. AU
  3. Banks
Company description

Auswide Bank Ltd provides various personal and business banking products and services. The last earnings update was 158 days ago. More info.


Add to Portfolio Compare Print
ABA Share Price and Events
7 Day Returns
3%
ASX:ABA
0.1%
AU Mortgage
0%
AU Market
1 Year Returns
-3.2%
ASX:ABA
4.7%
AU Mortgage
4.8%
AU Market
ABA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Auswide Bank (ABA) 3% 4.2% 10.6% -3.2% 8% -1.5%
AU Mortgage 0.1% 3.5% 19.5% 4.7% -0.2% -28.1%
AU Market 0% 0.4% 6.8% 4.8% 20% 12.2%
1 Year Return vs Industry and Market
  • ABA underperformed the Mortgage industry which returned 4.7% over the past year.
  • ABA underperformed the Market in Australia which returned 4.8% over the past year.
Price Volatility
ABA
Industry
5yr Volatility vs Market

ABA Value

 Is Auswide Bank undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Auswide Bank to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Auswide Bank.

ASX:ABA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= A$5.47 * 6.8%
A$0.37
Book Value of Equity per Share Median Book Value from the past 5 years. A$5.47
Discount Rate (Cost of Equity) See below 13.9%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:ABA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Mortgage Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.858 (1 + (1- 30%) (256.76%))
1.937
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.94
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.937 * 5.96%)
13.86%

Discounted Cash Flow Calculation for ASX:ABA using Excess Returns Model Model

The calculations below outline how an intrinsic value for Auswide Bank is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

ASX:ABA Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (6.8% – 13.86%) * A$5.47)
A$-0.39
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= A$-0.39 / (13.86% - 2.31%)
A$-3.34
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= A$5.47 + A$-3.34
A$2.12
ASX:ABA Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$2.12
Current discount Discount to share price of A$5.42
= -1 x (A$5.42 - A$2.12) / A$2.12
-155.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Auswide Bank is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Auswide Bank's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Auswide Bank's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:ABA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.41
ASX:ABA Share Price ** ASX (2019-07-19) in AUD A$5.42
Global Mortgage Industry PE Ratio Median Figure of 173 Publicly-Listed Mortgage Companies 13.61x
Australia Market PE Ratio Median Figure of 545 Publicly-Listed Companies 16.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Auswide Bank.

ASX:ABA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:ABA Share Price ÷ EPS (both in AUD)

= 5.42 ÷ 0.41

13.37x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Auswide Bank is good value based on earnings compared to the Global Mortgage industry average.
  • Auswide Bank is good value based on earnings compared to the Australia market.
Price based on expected Growth
Does Auswide Bank's expected growth come at a high price?
Raw Data
ASX:ABA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.37x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
6.2%per year
Global Mortgage Industry PEG Ratio Median Figure of 71 Publicly-Listed Mortgage Companies 1.1x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

ASX:ABA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.37x ÷ 6.2%

2.15x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Auswide Bank is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Auswide Bank's assets?
Raw Data
ASX:ABA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$5.62
ASX:ABA Share Price * ASX (2019-07-19) in AUD A$5.42
Australia Mortgage Industry PB Ratio Median Figure of 6 Publicly-Listed Mortgage Companies 1.13x
Australia Market PB Ratio Median Figure of 1,693 Publicly-Listed Companies 1.7x
ASX:ABA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:ABA Share Price ÷ Book Value per Share (both in AUD)

= 5.42 ÷ 5.62

0.96x

* Primary Listing of Auswide Bank.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Auswide Bank is good value based on assets compared to the AU Mortgage industry average.
X
Value checks
We assess Auswide Bank's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Mortgage industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Mortgage industry average (and greater than 0)? (1 check)
  5. Auswide Bank has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ABA Future Performance

 How is Auswide Bank expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Auswide Bank expected to grow at an attractive rate?
  • Auswide Bank's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Auswide Bank's earnings growth is positive but not above the Australia market average.
  • Auswide Bank's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:ABA Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:ABA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 6.2%
ASX:ABA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 4.9%
Global Mortgage Industry Earnings Growth Rate Market Cap Weighted Average 5.1%
Global Mortgage Industry Revenue Growth Rate Market Cap Weighted Average -13.4%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:ABA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:ABA Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-06-30
2021-06-30 80 20 1
2020-06-30 76 18 1
2019-06-30 73 18 1
ASX:ABA Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 70 28 17
2018-09-30 70 33 17
2018-06-30 69 38 17
2017-12-31 68 15 17
2017-09-30 67 17 16
2017-06-30 66 19 15
2017-03-31 65 22 14
2016-12-31 64 25 12
2016-09-30 64 21 12
2016-06-30 64 17 11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Auswide Bank's earnings are expected to grow by 6.2% yearly, however this is not considered high growth (20% yearly).
  • Auswide Bank's revenue is expected to grow by 4.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:ABA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Auswide Bank Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:ABA Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-06-30
2021-06-30 0.47 0.47 0.47 2.00
2020-06-30 0.43 0.44 0.43 2.00
2019-06-30 0.42 0.42 0.41 2.00
ASX:ABA Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.41
2018-09-30 0.41
2018-06-30 0.41
2017-12-31 0.41
2017-09-30 0.39
2017-06-30 0.38
2017-03-31 0.34
2016-12-31 0.30
2016-09-30 0.30
2016-06-30 0.30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Auswide Bank is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Auswide Bank's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Global market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Auswide Bank has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ABA Past Performance

  How has Auswide Bank performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Auswide Bank's growth in the last year to its industry (Mortgage).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Auswide Bank's year on year earnings growth rate has been positive over the past 5 years.
  • Auswide Bank's 1-year earnings growth is less than its 5-year average (2.2% vs 11.1%)
  • Auswide Bank's earnings growth has not exceeded the Global Mortgage industry average in the past year (2.2% vs 29.2%).
Earnings and Revenue History
Auswide Bank's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Auswide Bank Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:ABA Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 70.43 17.07 34.41
2018-09-30 69.74 17.17 34.41
2018-06-30 69.05 17.28 34.41
2017-12-31 68.08 16.70 33.72
2017-09-30 67.19 16.02 33.72
2017-06-30 66.29 15.34 33.72
2017-03-31 65.44 13.51 35.23
2016-12-31 64.12 11.87 36.70
2016-09-30 63.84 11.61 36.70
2016-06-30 63.56 11.35 36.70
2015-12-31 61.78 13.23 31.90
2015-09-30 60.79 13.08 31.90
2015-06-30 59.81 12.92 31.90
2015-03-31 59.55 13.31 22.60
2014-12-31 58.56 13.37 22.31
2014-09-30 59.04 13.72 22.31
2014-06-30 59.53 14.06 22.31
2014-03-31 56.14 9.07 21.68
2013-12-31 52.74 4.09 21.05
2013-09-30 52.76 3.27 21.05
2013-06-30 52.78 2.45 21.05
2013-03-31 59.58 8.43 20.96
2012-12-31 66.38 14.40 20.86
2012-09-30 67.77 15.99 20.86

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Auswide Bank has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Auswide Bank used its assets less efficiently than the Global Mortgage industry average last year based on Return on Assets.
  • Unable to establish if Auswide Bank improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Auswide Bank's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Mortgage industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Auswide Bank has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ABA Health

 How is Auswide Bank's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Auswide Bank's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Auswide Bank Company Filings, last reported 6 months ago.

ASX:ABA Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 237.02 587.04 96.57
2018-09-30 237.02 587.04 96.57
2018-06-30 236.74 716.17 294.72
2017-12-31 231.58 655.35 126.81
2017-09-30 231.58 655.35 126.81
2017-06-30 223.71 836.02 362.15
2017-03-31 223.71 836.02 362.15
2016-12-31 220.18 641.56 105.43
2016-09-30 220.18 641.56 105.43
2016-06-30 216.66 716.82 269.85
2015-12-31 200.73 642.81 80.39
2015-09-30 200.73 642.81 80.39
2015-06-30 199.99 631.66 232.14
2015-03-31 199.99 631.66 254.63
2014-12-31 198.08 639.28 82.27
2014-09-30 198.08 639.28 82.27
2014-06-30 195.98 662.13 251.40
2014-03-31 195.98 662.13 251.40
2013-12-31 192.64 682.33 87.17
2013-09-30 192.64 682.33 87.17
2013-06-30 186.92 729.60 241.55
2013-03-31 186.92 729.60 241.55
2012-12-31 194.33 736.06 79.21
2012-09-30 194.33 736.06 79.21
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Auswide Bank has an acceptable proportion of non-loan assets held.
  • Auswide Bank's liabilities are made up of primarily low risk sources of funding.
  • Loans at Auswide Bank are broadly funded by customer deposits.
  • Auswide Bank's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Auswide Bank has a low allowance for bad loans.
  • Auswide Bank has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess Auswide Bank's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Auswide Bank has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ABA Dividends

 What is Auswide Bank's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
6.27%
Current annual income from Auswide Bank dividends. Estimated to be 6.87% next year.
If you bought A$2,000 of Auswide Bank shares you are expected to receive A$125 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Auswide Bank's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.53%).
  • Auswide Bank's dividend is above the markets top 25% of dividend payers in Australia (5.78%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:ABA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Global Mortgage Industry Average Dividend Yield Market Cap Weighted Average of 132 Stocks 2.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 416 Stocks 4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.4%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:ABA Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2022-06-30
2021-06-30 0.39 2.00
2020-06-30 0.36 2.00
2019-06-30 0.35 2.00
ASX:ABA Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-02-14 0.340 6.655
2018-08-23 0.340 6.245
2018-02-19 0.330 6.014
2017-08-17 0.310 5.854
2017-02-23 0.300 5.784
2016-08-29 0.300 5.830
2014-08-27 0.280 5.242
2013-08-27 0.170 3.051
2013-02-22 0.380 6.850
2012-08-21 0.475 7.283
2012-02-24 0.450 6.967
2011-08-22 0.600 8.003
2011-02-14 0.610 6.617
2010-11-09 0.630 5.984
2010-02-22 0.620 5.955
2009-08-27 0.600 6.295
2009-02-23 0.630 9.348
2008-08-25 0.660 8.785

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Auswide Bank's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess Auswide Bank's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Auswide Bank afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Auswide Bank has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ABA Management

 What is the CEO of Auswide Bank's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Martin Barrett
COMPENSATION A$675,794
AGE 54
TENURE AS CEO 6.4 years
CEO Bio

Mr. Martin John Barrett, BA(ECON), MBA, has served as Managing Director and Director of Auswide Bank Ltd. since September 2013. Mr. Barrett has extensive experience in the banking sector, having previously held the positions of Managing Director (Queensland, Western Australia and National Motor Finance Business) and General Manager NSW/ACT Corporate & Business Bank at St George Bank Ltd. Prior to working at St George Bank, Mr. Barrett held senior roles at regional financial institutions in the United Kingdom and at National Australia Bank. Mr. Barrett is currently a Director of MoneyPlace Holdings Ltd.

CEO Compensation
  • Martin's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Martin's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Auswide Bank management team in years:

5.7
Average Tenure
  • The average tenure for the Auswide Bank management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Martin Barrett

TITLE
MD & Executive Director
COMPENSATION
A$676K
AGE
54
TENURE
6.4 yrs

Bill Schafer

TITLE
CFO & Company Secretary
COMPENSATION
A$369K
TENURE
12.2 yrs

Mark Rasmussen

TITLE
Chief Operating Officer
COMPENSATION
A$268K
TENURE
4.5 yrs

Steve Caville

TITLE
Chief Information Officer
COMPENSATION
A$221K
TENURE
8.7 yrs

Gayle Job

TITLE
Chief People & Property Officer
COMPENSATION
A$222K
TENURE
3.1 yrs

Craig Lonergan

TITLE
Chief Risk Officer
COMPENSATION
A$230K
TENURE
5 yrs

Damian Hearne

TITLE
Chief Customer Officer
COMPENSATION
A$314K
TENURE
3.1 yrs

Joanne Norris

TITLE
Administration Manager

Gayle Jod

TITLE
General Manager of HR

Ray Linderberg

TITLE
General Manager of Marketing & Products
TENURE
6.5 yrs
Board of Directors Tenure

Average tenure and age of the Auswide Bank board of directors in years:

5.8
Average Tenure
63
Average Age
  • The tenure for the Auswide Bank board of directors is about average.
Board of Directors

John Humphrey

TITLE
Chairman of the Board
COMPENSATION
A$160K
AGE
64
TENURE
9.7 yrs

Martin Barrett

TITLE
MD & Executive Director
COMPENSATION
A$676K
AGE
54
TENURE
5.8 yrs

Barry Dangerfield

TITLE
Non-Executive Director
COMPENSATION
A$100K
AGE
63
TENURE
7.7 yrs

Greg Kenny

TITLE
Independent Non-Executive Director
COMPENSATION
A$100K
AGE
63
TENURE
5.7 yrs

Sandra Birkensleigh

TITLE
Independent Non-Executive Director
COMPENSATION
A$100K
AGE
64
TENURE
4.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Auswide Bank's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Auswide Bank has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ABA News

Simply Wall St News

Here's How We Evaluate Auswide Bank Ltd's (ASX:ABA) Dividend

Dividend paying stocks like Auswide Bank Ltd (ASX:ABA) tend to be popular with investors, and for good reason - some research suggests a significant amount of all stock market returns come from reinvested dividends. … With Auswide Bank yielding 6.2% and having paid a dividend for over 10 years, many investors likely find the company quite interesting. … While we're not hugely bearish on it, overall we think there are potentially better dividend stocks than Auswide Bank out there.

Simply Wall St -

What Kind Of Shareholders Own Auswide Bank Ltd (ASX:ABA)?

See our latest analysis for Auswide Bank ASX:ABA Ownership Summary, June 12th 2019 What Does The Institutional Ownership Tell Us About Auswide Bank? … Insider Ownership Of Auswide Bank The definition of company insiders can be subjective, and does vary between jurisdictions. … General Public Ownership The general public, who are mostly retail investors, collectively hold 72% of Auswide Bank shares.

Simply Wall St -

Is Auswide Bank Ltd's (ASX:ABA) P/E Ratio Really That Good?

View our latest analysis for Auswide Bank How Do I Calculate A Price To Earnings Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Auswide Bank: P/E of 11.45 = A$4.64 ÷ A$0.41 (Based on the year to December 2018.) Is A High P/E Ratio Good? … A higher P/E ratio means that investors are paying a higher price for each A$1 of company earnings.

Simply Wall St -

Introducing Auswide Bank (ASX:ABA), The Stock That Dropped 18% In The Last Five Years

So we wouldn't blame long term Auswide Bank Ltd (ASX:ABA) shareholders for doubting their decision to hold, with the stock down 18% over a half decade. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … While the share price declined over five years, Auswide Bank actually managed to increase EPS by an average of 29% per year.

Simply Wall St -

Could Auswide Bank Ltd's (ASX:ABA) Investor Composition Influence The Stock Price?

Every investor in Auswide Bank Ltd (ASX:ABA) should be aware of the most powerful shareholder groups. … Generally speaking, as a company grows, institutions will increase their ownership. … Auswide Bank is a smaller company with a market capitalization of AU$223m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

What To Know Before Buying Auswide Bank Ltd (ASX:ABA) For Its Dividend

Historically, Auswide Bank Ltd (ASX:ABA) has paid a dividend to shareholders. … Does Auswide Bank tick all the boxes of a great dividend stock? … See our latest analysis for Auswide Bank

Simply Wall St -

Do You Like Auswide Bank Ltd (ASX:ABA) At This P/E Ratio?

We'll show how you can use Auswide Bank Ltd's (ASX:ABA) P/E ratio to inform your assessment of the investment opportunity. … Auswide Bank has a P/E ratio of 12.86, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

How Do Analysts See Auswide Bank Ltd (ASX:ABA) Performing In The Years Ahead?

The latest earnings release Auswide Bank Ltd's (ASX:ABA) announced in June 2018a

Simply Wall St -

What Should We Expect From Auswide Bank Ltd's (ASX:ABA) Earnings In The Year Ahead?

In June 2018, Auswide Bank Ltd (ASX:ABA) released its earnings update. … analyst consensus outlook appear cautiously subdued, … the higher past 5-year average growth rate of 18%

Simply Wall St -

Does Auswide Bank Ltd's (ASX:ABA) CEO Pay Reflect Performance?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Martin Barrett's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Auswide Bank Ltd has a market cap of AU$224m, and is paying total annual CEO compensation of AU$631k.

Simply Wall St -

ABA Company Info

Description

Auswide Bank Ltd provides various personal and business banking products and services. The company accepts personal and business accounts, and term deposits; and grants home loans, car and personal loans, business loans, and overdrafts. The company also offers credit cards; self-managed superannuation fund accounts; and home and contents, landlord, car, caravan or trailer, boat, travel, trade and services, and farm insurance products, as well as insurance to protect professional office based business. In addition, it provides foreign exchange, financial advisory, and business support services. The company was formerly known as Wide Bay Australia Ltd and changed its name to Auswide Bank Ltd in April 2015. Auswide Bank Ltd was founded in 1966 and is headquartered in Bundaberg, Australia.

Details
Name: Auswide Bank Ltd
ABA
Exchange: ASX
Founded: 1966
A$228,629,068
42,182,485
Website: http://www.auswidebank.com.au
Address: Auswide Bank Ltd
16-20 Barolin Street,
Bundaberg,
Queensland, 4670,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX ABA Ordinary Shares Australian Securities Exchange AU AUD 11. Oct 1994
CHIA ABA Ordinary Shares Chi-X Australia AU AUD 11. Oct 1994
Number of employees
Current staff
Staff numbers
0
Auswide Bank employees.
Industry
Thrifts and Mortgage Finance
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 00:47
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/07/16
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.